Due to their massive hype potential, meme coins like Brett (BRETT) and (Pepe) are among the most explosive cryptocurrencies. However, investors are drawing their attention to the new DEX swapping platform, Cutoshi (CUTO), which infuses the potential for massive hype with solid fundamentals and utility.
Experts are optimistic that Cutoshi can deliver 100x growth post-launch. Let’s take a closer look at why these coins are emerging as the best meme coins to buy this October.
Cutoshi’s Unprecedented Growth Set To Shake Up The Meme Coin Market
Generally, meme coins are known to be highly volatile, with bullish trends reflecting explosive growth that originates from their internet meme hype. Cutoshi, just like Brett and Pepe, is also capitalizing on this trend by integrating unique DeFi tools, capturing the interest of investors while positioning itself among the top gainers of the year.
Inspired by the Chinese Lucky Cat, known for good luck, wealth, and prosperity, this presale star poses as Ethereum’s best utility meme coin. Cutoshi’s aspiration to increase DeFi participation globally focuses on the main principles of decentralized finance, including monetary empowerment and privacy.
Furthermore, Cutoshi’s ecosystem features a multi-chain decentralized exchange for swapping cryptos across multiple chains. It also features a farming mechanism that allows its community to earn rewards by completing quests. Alongside these unique features, there’s also a learning academy within the platform that aims to spread DeFi knowledge to the masses.
Brett Coin Breaks Downtrend Cycle
Over the past week, the Brett meme coin has broken its downtrend cycle, causing a stir in the broader cryptocurrency market. Brett Crypto recorded a 14.2% price surge on its weekly chart metrics, highlighting renewed investor interest. Moreover, Brett’s technical analysis suggests a buy signal as its relative strength index moves upwards to 61. This further indicates that Brett coin has room for more growth without the chances of being overbought.
In any case, Brett’s price performance could face impending challenges. The meme coin is bound to experience resistance between $0.011 and $0.015 regardless of its rising value. While Brett’s price is far away from its ATH of $2.17, the $0.05 reach could be an important support region. As such, this point has assisted the meme coin to prevent higher lows.
Analysts are, therefore, monitoring these resistance levels closely as they would determine further breakout rallies for Brett coin. With this view, experts are optimistic about the meme token, especially now that most meme coins are rising again. They believe the Brett token is in a position to stretch its value during the expected meme coin rally in the next few weeks.
Pepe Coin Braces for More Exponential Rallies
After a bearish month for meme coins, things have started to look up, and the Pepe token is at the center of it. Interestingly, the Pepe Coin has risen by 30% over the past week in relation to the renewed broader bull market. This cements its position among the top-performing meme coins to watch out for in the next rally.
Notably, Pepe’s price surge coincides with an increase in its on-chain activities, further reflecting its increased investor interest amid meme coin mania. According to a well-known crypto expert, Arthur Hayes endorsed the Pepe Coin, which has contributed to this bullish sentiment.
Pepe technical indicators suggest that the meme coin still has high upside potential. Its relative strength index has been rising further, highlighting increased buying pressures. With this view, experts have made bullish Pepe price predictions, suggesting that it would continue to rally over the US elections, more so if Donald Trump, a pro-cryptocurrency candidate, wins.
Is Cutoshi a Worthy Investment For October?
Just like Brett and Pepe’s impressive price performance, Cutoshi, which is currently trading at just $0.015, is also set to record an impressive surge. Moreover, CUTO’s deflationary buyback mechanism increases the chances of a progressive value for the token as its demand is bound to increase due to scarcity.
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