Pepe (PEPE) Price Skyrockets, $0.00017 in View

Pepe (PEPE) is one of the top memecoins in the market now. Its price has risen by 124.2% in the weekly timeframe. Also, there are gains on the biweekly chart and the monthly level.

Bitcoin has experienced a significant surge in recent times, and its price is still rising. The much-anticipated target of $100k seems very possible. Hence, other cryptocurrencies are getting a bullish boost.

Some of the altcoins that are benefiting from this rally include Pepe (PEPE), Dogecoin (DOGE), and Lunex Network (LNEX). These tokens have shown promising performance and are attracting the attention of both traders and investors.

Pepe (PEPE) Price Skyrockets, Might Hit $0.00017 Soon

Pepe (PEPE) is one of the top memecoins in the market now. Its price has risen by 124.2% in the weekly timeframe. Also, there are gains on the biweekly chart and the monthly level.

According to price information from CoinMarketCap, the Pepe crypto is consolidating between $0.00001018 and $0.00002457 on the weekly level. Analysts expect the upsurge to occur in the coming weeks.

Max forecasts the Pepe price may pump to $0.000175 soon. Another expert called Alejandro predicted a price target of $0.000170.

Meanwhile, Pepe’s (PEPE) latest price rally comes after its listing on Coinbase and Robinhood. The news of the listing has increased positive sentiment towards the memecoin.

The 14-day RSI of the Pepe coin has crossed 80 into the overbought region, which is a bullish sign. The cryptocurrency might clear another zero in the coming weeks if the uptrend lingers.

Dogecoin (DOGE) Bulls To The Rescue

Dogecoin (DOGE) witnessed a minor correction to the $0.3 level recently after facing resistance at the $0.43 region. However, bulls were active at this level to cause a rebound, with DOGE up by 110% on the weekly chart, according to CoinMarketCap.

The Dogecoin price has regained momentum, and bulls are attempting to turn the $0.4 region into a support level. If this happens, the memecoin could rise to test resistances at the $0.47 and $0.50 levels.

However, a downtrend could pull the Dogecoin crypto back to the $0.3 level. Trader Tardigrade forecast the value of the coin could rally to a new all-time high.

According to the analyst, the Dogecoin token has formed a bullish flag on the 4-hour chart. An upward breakout could push the meme currency to $0.87. KALEO forecasts a price rally to $1 in the long term.

Lunex Network (LNEX) Targeting $1 As Investors Buy Into Its Innovative Platform

Lunex Network (LNEX) is set to make a grand entry into the DeFi market, boasting an innovative trading platform. Lunex Network has a unique option of cross-chain trading where users can swap more than 50,000 assets across different blockchains.

Through the cross-chain feature, users do not have to switch between various platforms or wallets to trade. With the help of Lunex, users can easily swap one asset for another in different networks, which makes it possible to manage a portfolio conveniently.

This flexibility is a big plus for traders who are looking for a flexible and convenient DeFi tool. Lunex also provides a business-to-business payment solution that can serve as a processing gateway for those companies that want to integrate cryptocurrency payments into their operations.

To this end, through this gateway, companies are ready to accept crypto payments and immediately convert such payments to fiat currency, hence enabling them to adopt digital payments without necessarily dealing with volatility.

This feature creates opportunities for companies to appeal to the increasing number of crypto users while integrating digital payments into their services without having to deal with cryptocurrencies themselves. As more people buy into the project, analysts believe the LNEX coin could easily hit the $1 mark. Currently, it is available for only $0.0026 per token in its ongoing crypto ICO.