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Cryptocurrency News Articles
Top 5 Crypto Tokens to Watch in 2025: PEPE, HBAR, SHIB, DOGE, and PLUTO
Jan 08, 2025 at 12:15 am
Now that 2025 is here, the crypto market is alive with discussions about which tokens could dominate in the months ahead.
As 2025 unfolds, the crypto market is abuzz with discussions about which tokens could dominate in the months ahead. Among the contenders, five projects have garnered particular attention from investors and whales alike.
From the explosive growth of Pepe Coin (PEPE) to the impressive performance of Hedera (HBAR), Shiba Inu (SHIB), and Dogecoin (DOGE), each project boasts unique strengths that contribute to their appeal.
Moreover, the introduction of PlutoChain ($PLUTO) as a hybrid Layer-2 solution has sparked interest due to its potential to enhance Bitcoin's capabilities.
With these projects showcasing their potential, let's delve into what each one brings to the table!
1. Pepe Coin (PEPE)
To begin with, Pepe Coin has seen an astounding 1,400% increase year-to-date, making it one of the most notable performers of 2024.
Recently, a dormant whale moved 2.1 trillion PEPE tokens, valued at $52 million, after 600 days of inactivity, which piqued the interest of investors.
Analysts are eyeing $0.00005 as the next key price target due to increasing trading volumes and the crypto community's renewed enthusiasm.
However, on the technical side, while PEPE’s momentum remains strong, caution is advised.
The Relative Strength Index (RSI) indicates that the coin may be entering overbought territory, and the Moving Average Convergence Divergence (MACD) suggests a period of potential consolidation.
Additionally, PEPE is testing resistance at $0.000022, and a failure to break this level could lead to a pullback toward $0.000018, where the 50-day moving average offers support. Traders should watch these levels closely for confirmation of the next move.
Although the explosive growth has been impressive, investors should monitor the price trends closely, as the token's long-term success will depend on its ability to maintain its appeal in the meme token market and possibly expand its use cases beyond speculation.
2. Hedera (HBAR)
Hedera continues to impress, with a current price of $0.2909 and a market capitalization of approximately $11.13 billion.
Despite a slight 7.42% dip over the past week, HBAR has surged by 201.42% over the last year, which reflects strong investor confidence.
The technical outlook for Hedera (HBAR) remains positive.
The RSI is currently above 60, indicating that the token is in a healthy uptrend without being overbought which suggests further bullish potential. The MACD is also showing strong bullish momentum, with the MACD line well above the signal line and the histogram widening which implies continued positive price movement.
Furthermore, HBAR is trading above the 50-day moving average, which acts as support, while the 200-day moving average remains in an upward trend that confirms the long-term bullish sentiment.
If HBAR can maintain its position above key support levels, it could continue to see upward momentum as we move into 2025.
3. Shiba Inu (SHIB)
Shiba Inu is trading at $0.000023 and maintains a market capitalization of approximately $13.4 billion. Recently, SHIB has experienced a slight rise of 5.34% in the last 24 hours, which is encouraging for its holders.
The technical outlook for Shiba Inu (SHIB) is quite favorable, with key indicators pointing to continued upward momentum.
The RSI is currently above 60, indicating that SHIB is in a strong uptrend, without yet reaching overbought conditions. This suggests there’s room for further price growth while maintaining healthy market conditions.
The MACD is also showing a bullish crossover, with the MACD line above the signal line, signaling that bullish momentum is gaining strength.
The histogram continues to show positive growth, reinforces the upward trend, and indicates that the buying pressure is likely to persist.
Additionally, SHIB is trading above the 50-day moving average, which provides support, and the 200-day moving average continues to point upward, further confirming the long-term bullish sentiment.
4. Dogecoin (DOGE)
Dogecoin has maintained its strong performance, with the price sitting at $0.338173 and a market cap of around $49.8 billion. Over the last 24 hours, DOGE has gained 4.14% which shows resilience amid broader market fluctuations.
Technical analysis for Dogecoin (DOGE) shows a bullish outlook. The RSI is above 60 which indicates strong buying pressure without being overbought.
The MACD shows a positive trend, with the MACD line above
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