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Shiba Inu Coin Price Prediction: SHIB Aims For $0.01, As Cutoshi Shows 46% Profit To Its Early Investors

Shiba Inu Coin Price Prediction: SHIB Aims For $0.01, As Cutoshi Shows 46% Profit To Its Early Investors

Since the launch of the Shiba Inu token in 2020, the dog-themed meme coin has gained over 1,319,863%, outperforming top crypto coins in the market. While hitting $1 is practically impossible due to the 589T total supply, reaching $0.01 is likely, judging from the recent performance of the past months and the increasing adoption of meme coins. 

Meanwhile, Cutoshi‘s early buyers have made 46% returns barely a few weeks after the launch of the presale. The Cutoshi project, which aims to address common challenges people face in DEX and CEX, has been welcomed in the market, with high expectations of massive rallies in the coming months

Cutoshi Early Buyers Gain 46% ROI With Expectations Of 40x In 2025

One of the attributes of smart whales is identifying high potential projects at the early stage and investing in them. Having started the presale in the past few weeks, early buyers of the CUTO token have made 46% ROI as the price moved from $0.015 to $0.022. With the rapid growth within a short time, there are high expectations of the CUTO price hitting 40x in 2025.

Among the factors that could trigger the rapid growth are the limited 440M total supply and the recent listing on CoinMarketCap. Also noteworthy is the deflationary nature of the CUTO token. The tokenomics shows that 7% was allocated for token burn events. At the ongoing presale, Cutoshi has raised over $570K, a signal of high market acceptance.

Meanwhile, the project was built for two purposes; decentralization and financial freedom. Following Satoshi Nakamoto’s visions for blockchain technology, which are decentralization, privacy and monetary freedom, Cutoshi is developing a community driven project where decision making powers and control are given to the users.

Combining these visions with the traditional Chinese Lucky Cat, a symbol of good fortune placed in homes, Cutoshi aims to bring luck and wealth to investors’ digital assets. To achieve its goal, Cutoshi is developing a robust ecosystem with tools such as a multichain DEX, academy and farming mechanism. These are designed to ensure a seamless trading experience, enhance users’ knowledge of DeFi and reward the community.

Shiba Inu Coin Price Prediction — Can SHIB Achieve $0.01 In The Short Term?

According to data from CoinMarketCap, Shiba Inu’s price has increased by 137% in the past year and 18% in the past 30 days. However, the Shiba Inu market cap has dropped from a peak of $21B recorded in March to $10B. This dip is reflected in the Shiba Inu price, which has dropped from $0.000035 in March to $0.000017.

This dip highlights the high volatility of meme coins, which thrive on hype and speculation. Although Shiba Inu’s layer 2 blockchain solution, Shiabrium, transaction volume has spiked recently, that has yet to trigger any significant rally, with Shiba Inu’s price still down by 80% from its all-time high. This means the possibility of the Shiba Inu token hitting $0.01 is slim, but is a short-term rally possible?

According to a recent analysis by Kevin, an expert on X, the Shiba Inu token has formed a rounding bottom formation, with the expert projecting a 50% rise in the coming days. Meanwhile, Shiba Inu market sentiment is neutral as it struggles to pass the $0.000018 resistance zone. With the meme coin still trading above the 50-day SMA, there is a high chance of a short-term rally.

Shiba Inu Coin Price Prediction

Source: Kevin on X

Will Meme Coins Lead The Upcoming Market Rally?

Considering the massive returns of meme coins in the past months, expectations of meme coins leading the next market rally are high. Shiba Inu and Cutoshi are prominent coins projected to witness huge growth in the coming weeks. The Cutoshi project has received a massive boost with the recent CMC listing, which could increase demand and potentially trigger a huge rally.

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


This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.


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