A buying opportunity? The price of the new DeFi altcoin will rise again this week

The recent market correction has hit some tokens harder than others. Pepe and Bonk are among those who have experienced declines. However, experts see the recent declines as a buying opportunity. Additionally, new altcoin Cutoshi will see another price increase this week.

Who left the bonk dip

Bonk, the largest meme coin on Solana, posted significant gains this month. The token was trading at $0.000042 and saw a 120% price increase in November. This comes after a roller coaster ride over the last few months. However, Trump’s election victory cemented his bullish trend, along with most of the crypto market.

With Bitcoin price hovering above $90,000 last month, Bonk reached its all-time high of $0.000053 in mid-November. The price has since corrected, prompting some analysts to suggest a buying opportunity.

Analysts currently believe that the next target for Bonk will be above $0.00007. However, this depends on where the crypto market will go in the near future. Nevertheless, the outlook is currently positive, which bodes well for Bonk’s chances.

Pepe, the meme king

Pepe has recently secured a place among the meme coin giants, ranking third after Dogecoin and Shiba Inu. In November, it saw a price increase of almost 120% and is currently trading at $0.00002.

As the first licensed meme coin, it was recently launched on BitPoint Japan and has caught the attention of Japanese traders. Consequently, its price also increased. In mid-November it reached an all-time high of $0.000023. However, after the peak, it declined slightly.

Currently, the price is stabilizing at around $0.00002, with no noticeable upward or downward movements. But knowing that Trump won the election and Musk supports Trump, the crypto market could definitely have an uptrend.

Investors generally love Pepe. Some analysts expect the price to reach $0.0000375 by the end of the year. If Bitcoin reaches $100,000, a price increase is likely.

Cutoshi The perfect candidate

While Pepe and Bonk experience a decline in activity, a new meme coin is gaining attention. Cutoshi, with a Chinese calico cat as its mascot, consistently collected $1.2 million in presales.

The token is attracting attention for its mix of memes and DeFi. This unique approach aims to attract investors to DeFi. It also did Cutoshi trend on Xafter raising $1 million in investment in mid-November.

Cutoshi will use these investments to build a full DeFi ecosystem powered by its community. The goal is to create a system in which traders can trade without restrictions. Its multi-chain DEX will offer secure and seamless token swaps, attracting new traders. It is also investing in a learning platform to help new traders.

With crypto markets in a bullish phase, this is a great opportunity for new investors to learn more about DeFi. Thanks to its focus on DeFi accessibility, Cutoshi could be a project that helps achieve this.

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