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Cryptocurrency News Articles

Meme Coins DOGE and Pepe Could Witness More Rallies, Lunex Network (LNEX) Presale Records Massive Growth

Jan 02, 2025 at 06:00 pm

The bull run of 2024 saw popular meme coins set new price records in the past months, with Dogecoin and Pepe leading the way.

Meme Coins DOGE and Pepe Could Witness More Rallies, Lunex Network (LNEX) Presale Records Massive Growth

The bull market of 2024 saw popular meme coins setting new price records over the past months, with Dogecoin and Pepe leading the way. While the recent market retracement has slowed down their rallies, this article analyzes the potential of DOGE and Pepe coins witnessing more rallies.

Meanwhile, the Lunex Network (LNEX) presale continues to record massive growth, with over 2.3B LNEX tokens sold in the past few weeks. The new DeFi trading exchange is seen as a direct rival to popular exchanges like Uniswap, with market watchers expecting the DeFi coin price to hit 100x in 2025.

Dogecoin Price Forecast: DOGE Set To Hit $1 Soon

Dogecoin (DOGE) is gathering huge interest as its price trajectory moves within critical zones. Over the past weeks, Dogecoin's strongest support level is $0.291188, with its weakest being $0.306437. According to CoinMarketCap, Dogecoin’s price is down by 24% in the 30D timeframe, having failed several attempts at breaking through the $0.35 resistance zone.

Despite Dogecoin’s bearish outlook, on-chain analyst Ali Martinez sees DOGE price rallying by another 6,770%. Ali believes that if the meme coin follows the ascending parallel channel pattern, then this is possible. If this assertion is true, then $1 is attainable in 2025.

Meanwhile, Dogecoin still trades above the 50-day SMA, according to Tradingview. Price volatility remains at 12%, which is a concern, but the Dogecoin Fear and Greed index is 65 (Greed). With the rising market activity, if the Dogecoin crypto price is able to flip the $0.35 key resistance zone, it could mount a challenge towards $0.50 with a high possibility of breaking through the $1 mark in 2025.

Bullish Momentum on the Horizon for Pepe Coin, Analyst Suggests

Pepe (PEPE), a frog-themed memecoin, has been experiencing price fluctuations in recent weeks. Based on data from CoinMarketCap, Pepe’s price declined by 10% in the past month but gained 4% in the past week. The recent resurgence is attributed to whale accumulation with Lookonchain data showing how smart Whale purchased 1.42T ($24.5M) Pepe in the past week.

Natalie Dormer, while monitoring the Pepe price chart, noticed the meme coin appears to be completing an ABC pattern, with wave B forming a triangle. In case of a breakout, Natalie projects a rise towards the $0.000021 mark.

On a positive note, despite bearish market sentiment, Pepe crypto has recorded 16 green days in the past month. However, the majority of the Pepe coin oscillator indicators are neutral. Even at that, experts at Coincodex are positive. In their Pepe price prediction, they forecast a 227% rise in the short term.

Lunex Network: A Top Contender in the DeFi Space in 2025

The DeFi space is filled with opportunities as people diversify from traditional banking, which has faced issues of privacy and regulatory scrutiny. With the DeFi market size projected to hit $616.1B by 2033 by market.us, Lunex Network (LNEX) is opening up the industry through the non-custodial DeFi exchange, designed to allow for the buying, selling, and swapping of digital assets.

At the Lunex Network exchange, there is no need for rigorous KYC processes or wallet connections, as all that is needed is the recipient’s wallet address to initiate a transaction. With support for over 50k trading pairs, users have access to many trading opportunities. The portfolio tracker makes it easier to track multiple assets like stocks at the same time.

Through the DeFi wallet, users can buy, sell, and swap cryptos all from one account. Given the cross-chain feature, users can transact across multiple blockchains. The native token, LNEX, holds strong utility. Outside serving as listing fees, holders will access discounts on transaction fees or stake the token for high APY yields.

Meanwhile, the Lunex Network token is available at presale for $0.0052. Early investors have made over 333% ROI, which could hit 1000% in early 2025. So far, more than $5.6 million has been raised in cryptocurrency ICO funding. Market watchers believe the LNEX token will follow the path of established tokens like BNB, making it one of the top DeFi coins to invest in now.

Which Coins Have the Potential for Significant Profits in 2025?

Although the Dogecoin price has suffered a setback, it is still one

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