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Cryptocurrency News Articles
Memecoin Influencer Murad Continues to Predict That the Meme Coin Supercycle Is Set to Continue in 2025, and Dogecoin and Dogwifhat Data Suggests This
Jan 23, 2025 at 03:04 pm
Whales Bet Big On Dogecoin's Future
Memecoin influencer Murad continues to predict that the meme coin supercycle is set to continue in 2025, and dogecoin and dogwifhat data suggests this. However, as $TRUMP and $MELANIA meme coins left many people disappointed, the real narrative that traders are likely to be following is low cap coins with AI and real utility, such as Elluminex.
Whales Bet Big On Dogecoin’s Future
Elon Musk is so associated with Dogecoin that many ‘normies’ think that he invented it. Even though he didn’t, the coin’s links to him mean he is a major figure for the coin. And given his latest position of power in the D.O.G.E, it seems that his influence is set to continue.
On-chain data showed whales continue to be bullish on DOGE, buying $410M two weeks before the Trump inauguration, and continuing to buy. Data from Santimant (X handle @santimentfeed) shows that in the last 24 hours alone another $215M DOGE has been acquired by hungry whales.
Prominent crypto specialist Ali Martinez is bullish on DOGE’s future, tweeting “#Dogecoin $DOGE is still holding above the breakout zone, showing resilience and potential for further upside!”
Doge is currently trading at $0.366, down 3.4% from yesterday.
Fibonacci Levels And WIF’s 2025 Price Targets
As Dogwifhat is a pure meme coin in the sense that it offers no utility, and as the website says, it’s literally just a dog with a hat, there isn’t much news about the coin. Nevertheless, it's the third biggest coin on Solana, and many crypto players are bullish about the coin’s future in 2025.
What is interesting is that according to CheekyCrypto on YouTube, Dogwifhat’s charts are showing an expanding diagonal wave. According to Elliott Wave theory, this pattern is defined by wave five extending past wave three, while wave four overlaps wave one. These overlapping corrections indicate consistent market activity, a sign that WIF’s liquidity is deep and therefore that the future is potentially bullish for Dogwifhat.
Also, according to the same crypto specialist, Dogwifhat’s Fibonacci retracements suggest realistic price targets for 2025 between $3.88 and $5.55, aligning with the 0.5 and 0.618 levels.
Dogwifhat is currently trading at $1.44, up 2.2% over the last 24 hours.
Why Are Meme Coins So hyped?
One of the reasons meme coins have been so popular is because they offer people the chance to make massive returns from a small capital.
However, for every meme coin that makes it, hundreds fail. Seasoned meme coin traders tend to buy a large variety of meme coins when they are brand new and therefore low in price, and simply hope they pick the right one.
Elluminex As TON Gateway To Simplicity?
However, given retail’s recent letdown with the Trump meme coins, people are becoming more aware that fundamentals matter.
Elluminex stands as an alternative for those looking for an early-stage coin to invest in. It’s in the first stage of presale, so it offers the potential gains of a new memecoin, but it has real utility. So what is Elluminex? It’s an all-in-one dashboard and DeFi hub for the TON blockchain.
TON caters to people’s love of memes, games, and airdrops, through its mini apps. But it will also enable the onboarding of many more people to crypto, due to its integration with the messaging giant Telegram.
The problem with TON, however, is that its newness means that the user experience is confusing and difficult. Elluminex’s unified solution will offer a place where people can trade, send, and receive all kinds of crypto. Current solutions offer limited coin pairs and functionality.
Elluminex will be easy to use but also have more in-depth features such as staking, yield farming, and a cross-chain DEX. These tools give users access to a wider range of assets while simplifying the process for both newcomers and experienced traders. When combined with its AI-powered insights and analytics and a learning academy, Elluminex is primed to be a gateway to crypto accessible and practical for everyone.
As the meme coin frenzy continues, millionaires will be made, but many more will lose out by buying too late or choosing badly.
Elluminex’s utility-driven model doesn’t need cute animals or funny memes to succeed but rather offers to solve real problems in the TON ecosystem, presenting an exciting potential opportunity for meme coin-like gains but on a sustainable foundation.
For more information about Elluminex (ELX) visit the
Disclaimer:info@kdj.com
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