Investors are shifting profits from Shiba Inu into lesser-known meme coins like Pepe and Cutoshi, which appear primed for growth. Despite Shiba Inu’s dominance in the meme coin landscape, investors are rotating their profits due to the cryptocurrency’s cooling momentum.
Shiba Inu is consolidating around resistance levels, but its massive market cap of $17 billion has slowed down its momentum. The token recently broke out of a multi-year descending trendline, indicating a possible surge in early 2025. However, its burn mechanism has also been put to the test as over 2 billion SHIB tokens were removed from circulation.
In contrast, Pepe is showing signs of a massive upward move. Its monthly gain of over 144% and recent breakout from a bullish flag pattern indicate strong investor interest. Large wallets are taking profits, and buyer interest remains high without entering oversold territory.
Cutoshi, a hybrid meme coin combining DeFi utility with meme energy, is gaining attention for its unique reward system. Users can earn money through various missions and tasks, and the presale has raised over $1.27 million so far. CUTO tokens are now available at $0.031, making it an attractive entry point for early investors.
While most meme coins are speculative assets, Cutoshi stands out as a hybrid project offering real utility and use cases. Its unique approach ensures potential returns in the 2025 bull run and future-proofs the project.
Source: https://crypto.news/shiba-inu-crypto-holders-have-started-accumulating-pepe-and-new-10x-memefi-coin