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Meme coins thrive as DOGE, SHIB soar. Cutoshi merges memes with DeFi, driving demand for its viral CUTO token presale.
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Meme coins are dominating the market, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way with massive gains. A newcomer in the meme space, Cutoshi, could soon follow in their footsteps and pull the same legendary price multipliers that both Dogecoin and Shiba Inu have experienced in the past.
By merging meme culture and DeFi functionality, Cutoshi could soon become one of the most sought-after projects, as the viral presale of the native CUTO token is seeing skyrocketing demand.
The next Dogecoin price rally is brewing
After reaching a yearly peak of $0.42 over the last week, Dogecoin retraced to $0.34 as traders began taking profit. At press time, Dogecoin sells for $0.38 with a 3.2% intraday increase; this goes to show that the retest of the previous support level was successful and buyers have positioned themselves in anticipation of the next leg up. This increased interest is also reflected by Dogecoin’s volume, which over the last 24 hours has surged by 34%, as $9.4 billion worth of DOGE have been traded across exchanges.
Crypto analyst Ali has detailed on X why in his opinion, Dogecoin is gearing up for another rally. He highlighted that whales are boosting their DOGE exposure, with large wallets accumulating over 140 million coins in a matter of days. Moreover, despite the substantial gains, Dogecoin’s MVRV i
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