Dogwifhat competes with ETH-based Cutoshi meme coin

Solana meme coins soar, led by Dogwifhat's 1300% surge, as ethereum's Cutoshi emerges as a strong contender for market dominance.

Solana meme coins have been the talk of the cryptocurrency market in recent months, and smart whales have made a fortune trading them. Among the Solana meme coins that have seen massive growth is Dogwifhat, which surged over 1,300% just a year after its launch.

Having dominated the market for a long time, ethereum-based meme coins like cutoshi are making their entry with the novel multi-chain DEX. Designed to enable seamless trading and exchange of digital assets without the need for an intermediary. Given the high utility of the ecosystem, there are high expectations that CUTO will eclipse WIF in the coming months.

Cutoshi is projected to surpass Dogwifhat in 2025

Although Dogwifhat has seen massive growth in 2024, Cutoshi could surpass it in market dominance in the coming months. Powered by a robust ecosystem with tools and features that will bring DeFi to the masses, Cutoshi is a project that follows in the footsteps of leading DEXs like Uniswap and Pancakeswap.

Outside of the DEX, there is also an educational platform where users can sign up and learn more about the DeFi industry. The CUTO token is used for transactions in the academy, and users who complete quests are rewarded with the CUTO token through the farming protocol.

All of this will increase buying pressure and increase the price of the token. As a project, Cutoshi echoes Satoshi Nakamoto's original vision of blockchain technology, decentralization, privacy, and monetary freedom for the masses. Inspired by the traditional Chinese lucky cat, a symbol of fortune and luck, Cutoshi aims to bring luck, wealth and prosperity to investors' assets.

The project has witnessed huge adoption, just a few weeks after the pre-sale launch. In stage 2 of the pre-sale, the CUTO token is sold for $0.022. Early investors earned returns of 46% as the CUTO price rose from $0.015 to the current price. With the recent listing on CoinMarketCap, Cutoshi is expected to gain more attention in the fourth quarter.

Is Solana aiming for $200? Is a new ATH possible in the fourth quarter?

Solana, the popular blockchain, has continued to gain traction in recent weeks, leading to massive rallies for the SOL token. According to Tradingview's Solana technical analysis, the moving averages are showing a buy signal, with Solana's 50-day SMA set to cross the 200-day SMA. The potential crossover is a gold crossover, hinting at a possible rebound.

The Solana cryptocurrency has broken out of the main resistance zone of $170 and is showing signs of breaking above the $185 mark. According to market analyst WorldOfCharts on x, Solana is on the verge of another breakout, which will trigger another massive bullish wave. In the previous projection, the analyst expected a move towards $400 in the event of a successful breakout.

Data from CoinMarketCap shows that Solana price has increased by 13% in the last month. Solana's trading volume is increasing, which could trigger massive rallies. With ongoing innovations on the Solana blockchain and the growing momentum of Solana meme coins, SOL price could surpass the $260 ATH in Q4.

Will Dogwifhat Token Test the $4 Mark Again in Q4?

Under the umbrella of the Solana blockchain, dog-themed meme coin Dogwifhat has seen tremendous growth in the year, driven by the growing adoption of the Solana blockchain by developers and institutional investors.

A crypto analyst, Bluntz, while analyzing the WIF price on x, observed a bullish outlook on the Dogwifhat chart. Bluntz believes that the WIF/SOL pair is bottoming on the 4-hour chart. The analyst pointed to a five-dip wave pattern, a common signal signaling the end of a correction phase. Since Solana appears bullish, Bluntz believes that WIF price will soon witness a big rally.

According to data from CoinMarketCap, Dogwifhat's trading volume is booming, which is a bullish sign. Dogwifhat coin is trading above the 50-day and 200-day SMA on the daily time frame, with more than 18 technical indicators showing buy signals. If Dogwifhat price is able to hold the $2.5 support zone, it could reach $4 in the coming weeks.

<h2 class="wp-block-heading" id="solana-vs-ethereum-meme-coins”>Solana Vs ethereum meme coins

While Solana meme coins dominated most of 2024, ethereum meme coins are coming up with new ideas to challenge their rivals. Cutoshi's strong use case in the ecosystem could increase demand for the tokens, leading to massive rallies. Given the fantastic ecosystem, Cutoshi could soon overtake Dogwifhat for market dominance.

For more information on Cutoshi pre-sale, please visit the website.

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