The present meme coin super-cycle has gained traction, with investors looking for that perfect coin that could yield huge ROI. Murad, a meme coin influencer, believes meme coins are here to stay.

The meme coin market analyst believes some meme coins could surpass Dogecoin’s $94B all-time high market cap in the coming months.

However, the question remains which meme coin will make the big move first? Neiro’s price has dropped after witnessing significant rallies in the past weeks. Whilst Ethereum is showing signs of a significant breakout, Cutoshi has continued to draw attention with the ongoing presale

Cutoshi Set To Dominate The Meme Coin Space, Leaving Ethereum And Neiro Behind

As the meme coin supercycle unfolds, the search for a utility-based meme coin has begun. Cutoshi is a project that is on a mission to revolutionize the global decentralized finance market, which is projected to grow by 46% from 2023 to 2030, as per Grand View Research. 

Following the core DeFi principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi is a project that follows Satoshi Nakamoto’s vision for blockchain technology.

By infusing the vision with the traditional Chinese Lucky Cat, which is believed to bring wealth to individuals, Cutoshi aims to bring luck, wealth, and prosperity to investors’ digital assets. The key to this project is the Cutoshi DEX, a non-custodial multi-chain exchange that allows users to swap assets across multiple blockchains seamlessly.

Other features in the ecosystem are the Cutoshi Academy and farming protocol, combining to ensure full DeFi participation and financial freedom. With the presale ongoing, Cutoshi has been listed on CoinMarketCap, increasing the project’s exposure. At $0.022, investors can buy CUTO, which is expected to rise in value due to the limited 440M total supply and deflationary mechanism.

Neiro Could Reach $0.015 After Market Correction

While there were expectations of Neiro (NEIRO) price retesting the $0.29 ATH, investors’ hope was dashed when the Neiro price failed several attempts at breaking through the crucial $0.12 resistance trendline. Based on data from CoinMarketCap, the Neiro token has gained 467% in the past year but suffered a 23% decline in the past week.

The present bearish pattern of the Ethereum-based Neiro coin has caught the attention of Mammon, a crypto analyst on X. Mammon, whilst observing the Neiro price chart, thinks the coin is in the accumulation zone having traded sideways in the past few days.

Source: Mammon on X

While Neiro market sentiment is neutral, the fear and greed index is 71% (greed). The RSI in the daily time frame is 51, a signal that it is closer to the overbought zone. Given the declining Neiro trading volume, there is a high chance of a further drop towards the $0.073 support mark. However, Coincodex experts think the meme coin could hit $0.0158 soon.

Analyst Bullish On Ethereum Price Recovery Post-Dip

Even though Ethereum’s (ETH) current price rally is giving mixed signals, a crypto analyst, Crypto Patel, is optimistic of a massive rally in the coming weeks. Patel maintained that if Ethereum price holds the crucial $2000 support level, we could experience an epic bull run which could push the Ether price towards the $8k – $10k benchmark.

Source: Crypto Patel on X

Data from CoinMarketCap shows that Ethereum’s price has dipped below the $2600 mark, with the $2500 support zone the next point to watch. More worrisome is the declining Ethereum trading volume, a sign of a market sell-off. The RSI in the 1D timeframe, which is showing 51 (Neutral), confirms that.

However, recent data from Lookonchain shows that Ethereum ETF net inflow in the past day surged by 1,153 (+$3M), a signal of growing investors’ interest. Although Ethereum is trading above the 50-day EMA, it is below the 200-day EMA. For the altcoin to confirm a bullish rally, it needs to surpass the resistance levels at $2,657, $2,694, and $ 2,770.

The Cryptos Gaining Momentum In The Market

The crypto market is showing signs of a slight correction. However, that has not deterred traders who are accumulating high-potential cryptos like Cutoshi. With Ethereum and Neiro facing potential short-term corrections, Cutoshi could drive the next market rally due to its unique ecosystem with tools to ensure financial freedom.

For more information on the Cutoshi (CUTO) Presale:

• https://cutoshi.com/
• Join and become a community member: 
• https://twitter.com/CutoshiToken
• https://t.me/cutoshi

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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