Dogecoin (DOGE) Eyes $0.15 Mark Amidst Bullish Anticipation

There is a lot of talk about ‘uptober’ in the crypto market, and many crypto projects are looking to recover some of their losses and get back to their old levels in the traditionally bullish month. As expected, meme coins are set to join the bullish party as industry leader Dogecoin (DOGE) seeks to return to its $0.15 level.

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Cryptocurrency prices have been surging over the past few days, and meme coins are joining the rally. Dogecoin (CRYPTO: DOGE) price is up 10% over the past 24 hours andを目指しています to return to the $0.15 level.

What Happened: Dogecoin price started the month on a less impressive note.

DOGE price was caught in the correction wave that affected Bitcoin (CRYPTO: BTC) and many of the other altcoins.

However, Dogecoin is now gradually finding its way back into bullish territories.

According to Dogecoin news, there have been noticeable whale activities on the project lately.

Market intelligence platform IntoTheBlock reported recently that Dogecoin accumulated up to 2.07 Billion $DOGE in the first week of October.

Activities have spiked on the 24hrs trading volume, as per data from CoinMarketCap.

And now, many analysts have pointed out that this renewed interest in Dogecoin suggests an anticipation of an imminent DOGE price surge.

Elsewhere, popular crypto market analyst Ali Martinez identified a familiar pattern from years ago on the Dogecoin price charts.

According to Ali, there are three stages of a 200% pump followed by a 60% pullback, which is then followed by a full-blown bull run.

All of these pointers suggest that the DOGE price could be closing down on the $0.15 mark in a matter of weeks.

Cutoshi Aims To Outpace Dogecoin In The Race For Profits

At first glance, the first catchy feature of the Cutoshi (CRYPTO: CUTO) project is its lucky cat theme.

The project conceptualizes the Chinese Lucky Cat, which is traditionally believed to attract good fortune.

This idea perfectly complements its blockchain features, which align with the ideals of the famous Satoshi Nakamoto — decentralization, freedom and privacy.

For a long time, the DeFi industry has struggled with interoperability across different blockchains.

Cutoshi will introduce a decentralized exchange platform — the Cutoshi DEX — which would allow for easier multi-chain crypto transactions.

The Cutoshi DEX will create utility for its native CUTO token, giving it a clear edge over other meme coins like Dogecoin.

As an Ethereum-based token, Cutoshi will benefit from the security and transparency of the Ethereum blockchain.

Additionally, the project has a deflationary measure in place to curtail inflation.

Out of the project’s 440,000,000 token supply, 7% has been earmarked for burning.

This token burning will create a scarcity to sustain CUTO’s value.

What else? Cutoshi is bringing extra value to the DeFi industry.

To further emphasize its alignment with Satoshi’s template, the Cutoshi ecosystem includes a DeFi academy, where enthusiasts can scale their knowledge of trading and decentralized finance.

Members of the Cutoshi community can also earn rewards for participating in community activities and claiming rewards through Cutoshi Farming.

The project is merging the best of two worlds — the fun of memes and the utility of DeFi.

There’s a whole lot of value in Cutoshi, and experts are already sold on its vision.

Experts’ Take On Dogecoin And Cutoshi

The optimism in the crypto market is almost palpable, especially for meme coins.

Meme coins have a reputation for massive price surges, hence it’s easy to see why both Dogecoin and Cutoshi could be prime for surges.

However, the DeFi influence on the Cutoshi project gives an edge.

Also, unlike many meme coins, CUTO is not lacking in utility, and its plan for deflation could ensure a consistent price trajectory.

Experts are bullish on Cutoshi. The token is currently selling at $0.022 in stage 2 of its presale, and there is a 100x price projection for the token.

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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