With the crypto market showing signs of a resurgence, Floki could be in an uptrend in the coming week. Data from Coinglass shows a significant inflow of Floki, particularly on Binance. It saw a net inflow of $1.96M worth of FLOKI tokens in the past 24 hours. Although the open interest in the meme coin is negative, investors are optimistic about a rebound soon.
In another development, Cutoshi has continued to attract Floki whales. The new crypto project consists of a fantastic ecosystem. It brings DeFi closer to the masses and offers financial freedom to investors. Let’s see if Cutoshi is a smart investor’s top destination below.
Analyst Project Looming Cutoshi Token Scarcity As Whales Join the Ongoing Presale
Cutoshi is a revolutionary project designed to bring financial freedom to investors. The traditional Chinese Lucky Cat and the teachings of Satoshi Nakamoto, the legendary Bitcoin founder, inspired this project. By combining both, Cutoshi is developing an ecosystem that will bring luck, prosperity, and wealth to digital assets.
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Cutoshi is returning to Satoshi’s main objectives for blockchain technology, which are decentralization, privacy, and monetary freedom. As such, it is safe to say that Cutoshi is a tribute to decentralized finance. It brings together the principles of freedom, anonymity, privacy, and monetary empowerment to the masses.
The unique Cutoshi ecosystem backed these objectives, incorporating useful tools to boost DeFi participation among investors. One of them is the multichain DEX exchange. It enables cross-chain asset swapping, removing the need for a third party while ensuring privacy and security. Users can learn more about cryptos in the Cutoshi Academy.
At the ongoing presale, CUTO, the utility token is selling for $0.015. The market stats show that the project has raised over $285k in a short time. However, one noticeable feature is the token’s limited 440M total supply. The project has already allocated 55% to the presale. Given its strong utility in the ecosystem, especially in the academy, it might be wise to buy now before the imminent token scarcity, which will drive the price upwards.
Floki Price Prediction – Analysts Forecast 11x Rise in the Short-Term
Floki is one of the meme coins that has gained worldwide attention due to its community-driven approach and the innovative Floki ecosystem. As per CoinMarketCap, the Floki price has dropped by 21% in the past month, driven by the crypto market retracement.
However, Floki might soon resume the rally that halted in the past few days. Tradingview data shows a bullish MACD crossover in the past 24 hours as the coin moves to retest the $0.00014 resistance zone. If the Floki coin can bypass that, the crypto might move above the $0.00017 resistance trendline or even hit the $0.00020 mark that it tested in July.
In a detailed analysis on X, crypto analyst Master Kenobi compared the Floki price chart to the previous years. Kenobi observed a consistent trend in the Floki chart in recent years, which, if it follows it this time, the price could rally by 11x, reaching around $0.0011, which could push the Floki market cap to $12B. However, Floki needs to go over the current zone to stand a chance.
The Best Meme Coin To Buy for Short-Term Profit
Floki is looking towards retesting crucial zones, and a breakthrough could trigger a rally. However, Cutoshi could offer more in the short term due to the growing interest in the Ethereum-based meme coin. With its fantastic ecosystem, CUTO could enter the list of 100 top meme coins in early 2025.
