To capitalize on this, experts have selected three meme coins that could perform well in Q4. Cutoshi, Floki, and Book of Meme are the top tokens on investors’ watchlists. Let’s see which of these meme coins will most likely hit 50x in Q4.
Cutoshi’s (CUTO) appearance in the meme coin space will mark a shift from existing traditions. Unlike other meme coins like Bonk and Dogwifhat, which offer no utility, Cutoshi offers practical utilities via a fully decentralized ecosystem that will bring DeFi closer to the masses.
The non-custodial multichain DEX protocol is one of the major tools in the Cutoshi ecosystem. Using Satoshi Nakamoto’s principles of privacy and decentralization, the trading exchange permits users to swap digital assets securely across different blockchains.
Cutoshi is also developing a farming mechanism to reward users who participate in quests. Other features include the Cutoshi educational platform, which was developed to enhance users’ understanding of DeFi and cryptocurrency. The project has continued to make giant strides with its recent listing on Coinmarketcap, the popular crypto price site.
Inspired by the traditional Chinese Lucky Cat, known for its lucky powers, Cutoshi aims to bring luck and wealth to investors’ digital assets. With the presale ongoing, investors can buy CUTO, the utility token, for just $0.022. Given CUTO’s massive utility in the ecosystem and the limited total supply, analysts believe it could hit 50x in 2024.
After trading sideways for weeks, Floki Inu is displaying signs of a major breakout after Bitcoin broke through the crucial $68K mark. CoinMarketCap data shows that Floki’s price has gained 10% in the past week with the daily Floki trading volume hitting over $200M.
In a recent analysis on X, crypto analyst Rose Premium Signals noticed that Floki Inu is displaying a falling wedge pattern on the 1D timeframe. The analyst believes if it breaks out of the upper trendline, a strong bullish rally might commence, pushing the Floki price towards the $0.00024 mark.
Source: Rose Premium Signals on X
Floki Inu is giving mixed signals as market sentiment remains neutral. However, it has recorded 16 green days in the past month, and its price volatility is 8%. With Bitcoin setting the path for a bullish season, Floki’s price will explode soon. In their Floki price prediction, Coincodex forecast a 225 jump in the coming weeks.
The recent Book Of Meme (BOME) upswings have led to the meme coin breaking out of the descending triangle it has stuck for months. For crypto Bull 360, an analyst on X, Book Of Meme price looks set to witness up to 150-170% bullish rally. The expert thinks that meme coins are back with Solana coins BOME and WIF set for an upswing.
Source: CryptoBull on X
However, the Book Of Meme chart on Tradingview shows it needs to break the resistance levels of $0.01029 and $ 0.01080 to trigger a massive uptrend. Although the BOME price is trading above the 50-day SMA, the bulls need to do more to push it above these resistance levels
A further look at the BOME price chart shows the RSI in both the daily and 4-hour timeframes is nearing the overbought zone, which could lead to a slight correction. The declining BOME trading volume confirms that. However, with the over 900% gains in the YTD price metrics, BOME remains one of the cryptos to watch in Q4.
With over 2000 meme coins in the market, we have reviewed the popular coins on investors’ watchlist: Floki, Book of Meme, and Cutoshi. Although all are projected for upswing, Cutoshi’s fantastic DEX could trigger more adoption, which might translate to huge demand for CUTO tokens.
For more information on the Cutoshi (CUTO) Presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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