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After a long slump, memecoins like Pepe and Dogecoin are rallying again, while new player Cutoshi joins the scene.
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After a long, gloomy stretch in the crypto market, things are finally starting to brighten up! Meme coins like Pepe (PEPE) and Dogecoin (DOGE) are back in the news, showing off impressive breakout rallies that have investors wondering what’s next.
As the hype around these tokens starts to fade, a new player is crashing the party: Cutoshi (CUTO). This shiny new memecoin brings a fresh twist to decentralized finance, making it a golden chance for anyone who slept on Pepe and Dogecoin.
Pepe in a bullish rally, time to book profits?
Pepe scored a solid 24% gain in just a month. It only took two weeks for the excitement to really take off, with gains flying over 7%.
However, Pepe’s current price is still 48% off its all-time high, leaving some investors wondering if they should cash out now. Nearly 70% of holders are in the green, but as more people mull over cashing out, we could see selling pressure start to creep up.
Although Pepe set the memecoin world ablaze with talk of huge Q4 gains, the bullish vibes hit a snag as short holders began to bail. As October rolls around, Pepe seems to be losing its momentum, leaving many anxious.
Will October bring any good news for DOGE holders?
Dogecoin has kept everyone guessing, swinging through a mix of highs and lows in September. Even though it managed to climb nearly 12% for the month, investors are starting to lose interest as its price swings get wilder.
Right now, 73% of Dogecoin holders
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