Shiba Inu crypto holders have started accumulating Pepe and new 10X MemeFi coin

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As Shiba Inu cools off, investors are rotating profits into Pepe and the lesser-known Cutoshi, primed for growth.

Shiba Inu (SHIB) continues to dominate the meme coin landscape as the second-largest meme on the market. However, as Shiba Inu entered a cool-off phase, many investors have started rotating profits into Pepe (PEPE) and Cutoshi (CUTO) as they both appear primed for the next leg up.

While Pepe is an obvious choice, Cutoshi is still relatively unknown to the broader crypto audience. 

Shiba Inu is consolidating just below resistance

Shiba Inu continues to gain ground, albeit its momentum has slowed down slightly, which was to be expected given its massive $17 billion market cap. Over the last week, Shiba Inu finally managed to reclaim and hold the $0.000029 resistance, although at $0.000033, selling pressure intensified, forcing a pullback. Today, Shiba Inu sells for $0.000029, following a noteworthy 22% weekly increase.

The Krypto King shared a chart reading just the other day, pointing out that Shiba Inu is in the process of breaking out of a multi-year descending trendline. A successful retest of this level would confirm Shiba Inu’s bullish thesis and its possible surge to a new all-time high in early 2025.

Moreover, Shiba Inu’s burn mechanism went into overdrive as more than 2 billion SHIB tokens were removed from circulation just a few hours ago. If this burn rate is sustained, it will give the extra leverage that Shiba Inu needs to enter escape velocity.

Pepe is ready for a breakout

Over the last year and a half, Pepe scaled the crypto ranks with ease, and its last pump saw it enter the top 20. On the monthly time frame, Pepe is up by over 144%, while also factoring in the correction that saw it retrace from its $0.000024 all-time high to $0.000020, where it’s currently consolidating. In the last 24 hours, Pepe gained 1.2% and is still moving in a narrow range around the $0.000020 mark. 

A massive upward move seems to be imminent for Pepe. Analyst Chandler Bing shows that Pepe already broke out of the bullish flag pattern in the 4-hour time frame. Meanwhile, large wallets are taking profit, with one whale in particular unloading a 350 billion PEPE clip worth approximately $7.3 billion, according to Spotonchain data.

This led to a dip in Pepe’s daily RSI, which currently sits at 58 points, meaning that buyer interest is still high without entering the dangerous overbought territory. 

Source: TradingView

How Cutoshi rewrites the meme coin script

The simple truth is that most meme coins are purely speculative assets, and just a few outliers, like Pepe and Shiba Inu, manage to become stable stores of value and thrift in the long run. Cutoshi is among these outliers, as it merges meme energy and DeFi utility on a single, cross-chain protocol. This hybrid approach ensures amazing returns in the 2025 bull run and future-proofs the project as it offers a real use case.

Just like Japanese Lucky Cats bring good fortune to businesses and households, Cutoshi seeks to bring good fortune to its community through its unique reward system. Users will have the opportunity to earn money via different income avenues. Through the Cutoshi Farming initiative, they can complete various missions and tasks to spread awareness about Cutoshi on social media. 

In exchange, they will earn Cuto points, which can be redeemed for CUTO once the presale wraps up. Moreover, once the token launches, they can also stake their CUTO and receive recurring monetary rewards on autopilot.

Over $1.27 million has been raised so far and the 4th stage of the presale has just kicked off, which is currently in its third stage. CUTO tokens are now available for $0.031, which is a perfect entry point for early investors who want to be on the winning side of Cutoshi’s utility-driven meme revolution. 

For more information, visit the official Cutoshi website and join the community on X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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