With Donald Trump winning the US elections, Dogecoin (DOGE) could be in for a ride. Not only has the president-elect been vocal about his support for crypto, Dogecoin’s biggest endorser, Elon Musk is having a superstar moment thanks to his decisive role in securing Trump’s victory.
Amid the hype and the market-wide rebound, Cardano (ADA) is also gaining ground, hinting at a potential breakout. Meanwhile, Cutoshi, a newcomer in the meme coin space is capturing the attention of investors on the lookout for low-cap gems.
The Dogecoin Moon Mission Is Starting Now
Over the last day, Dogecoin (DOGE) tore through the $0.18 resistance that was eluding bulls and peaking at $0.21. As traders took profits, Dogecoin retraced to $0.19, and its cumulative 24-hour gains now amount to a noteworthy 9.1%. This Dogecoin surge has been accompanied by a 226% explosion in trading volume with over $12 billion worth of DOGE traded on exchanges.
At press time, Dogecoin appears to be gearing up for the next push that could send it above the yearly high of $0.22, clearing the way for an extremely bullish 2025.
Cardano Consolidating At Range Highs
Today Cardano sells for $0.354 with a 5.6% intraday increase and a 137% surge in trading volume, amounting to roughly $595 million worth of ADA changing hands in the last 24 hours. The $0.37 level continues to be a tough obstacle for Cardano bulls, but it appears that the resistance is weakening while the retracements get shallower.
Over the past few months, traders have grown comfortable picking on Cardano. Although Cardano’s price action might have been anything but stellar, over the last day $608 million worth of short positions were liquidated. This has prompted many bears to reconsider their standing, as the long-awaited trend shift for Cardano might have arrived.
How Cutoshi Could Redefine Meme Coins
According to Binance data, 97% of meme coins have been pronounced dead. Although this crypto graveyard is littered with a myriad of nameless pump-and-dump projects, the main reason why meme coins go to zero is very simple. They have no real use case.
Cutoshi sets itself apart from the masses by backing its cuteness with a comprehensive DeFi ecosystem. On CUTO DEX, users will be able to perform lightning-fast transactions across all major blockchains with low fees. Cutoshi is deflationary, by applying deflationary pressure to the circulating supply, $CUTO’s price will rise sustainably, promoting long-term growth.
Another standout feature of Cutoshi’s ecosystem is the CUTO FARM initiative. Users will have the opportunity to earn tokens and win prizes by engaging with the Cutoshi platform. They will be tasked with completing various missions and quests aimed at boosting Cutoshi’s presence on social media. Moreover, they can also stake their $CUTO tokens and enjoy recurring staking rewards.
Cutoshi draws inspiration from the Lucky Cats of Asian folklore, which businesses and households have adopted as tokens of good fortune. Cutoshi tokenizes this good fortune and brings it to its rapidly growing community with its incredible growth potential. Right now, stage 2 of the presale is 95% complete, priced at just $0.022, the tokens are selling out fast.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
