Top Crypto Coins to Keep An Eye on in January 2023

With Donald Trump set to take over power in the coming days, there are high indications that the crypto market will rebound soon due to his stance on cryptos. Dogwifhat and Bonk are the hottest meme coins projected for significant rallies in the coming weeks.

While Dogwifhat is witnessing a resurgence, Bonk, the popular Solana memecoin is rising MCAP. Lunex Network (LNEX) is also staking a claim in the $104 DeFi industry with its move to revolutionize crypto trading. Driven by a noncustodial multi-chain trading exchange that solves common issues like interoperability, the LNEX price is tipped for 1000% rallies soon.

Dogwifhat (WIF) reached $4.80 in November 2024, which sparked speculation that the memecoin could hit the $8 mark. However, the Dogwifhat coin has declined by over 60% since then, pushing the altcoin price below the crucial $2 support zone. Looking at CoinMarketCap stats, Dogwifhat’s price has plummeted by 49% in the past month and 27% in the past week.

Despite this gloomy market outlook, The Crypto Mist remains positive about Dogwifhat’s future. The analyst noticed Dogwifhat is forming a bullish falling wedge pattern. If the memecoin bounces at the support above $1.30, a breakout could send the WIF price back to $4.

Key market indicators of Dogwifhat are negative despite the growing optimism among investors. Dogwifhat crypto only recorded 11 green days in the past month and also trades below the 50-day and 200-day SMA as per Tradingview. The Future Open Interest has dropped from over $700M in early December to $300M. However, despite the bearish market sentiment, its affiliation with Solana makes it an altcoin to watch in 2025.

Bonk (BONK), one of the top Solana-based memecoins, could witness a rebound despite dropping below the major support zone. CoinMarketCap data shows Bonk’s price has dropped by 25% in the 30D timeframe and 21% in the weekly chart. However, the Bonk price is rising with a high chance of breaking through the $0.000035 resistance trendline in the coming days.

CryptoS6 claims Bonk coin momentum indicators hint at a potential trend reversal. While using the Bonk price chart in the analysis on X social media platform, the analyst thinks that Bonk crypto is setting up for a decisive breakout.

Despite the Bonk bearish market sentiment, oscillator indicators like Stochastic Fast (14) and Williams Percent Range (14) remain green. In their Bonk price prediction, Coincodex forecasts a rise towards $0.000093 in the short term. To hit such a milestone, Bonk needs to break the crucial resistance levels of $0.000030, $0.000035, and $0.000040.

Lunex Network’s (LNEX) entry into the DeFi market could trigger a major market shift due to the robust ecosystem and utilities. The new DeFi project is designed to connect all isolated blockchains and establish a non-custodial trading exchange that will allow users to instantly buy, swap, and sell cryptos at the lowest cost. Users can spot trade over 50k crypto pairs.

Lunex Network addresses the major issues traders face in exchange by providing a trading exchange that allows users to trade anonymously without the need for a KYC or wallet connection. All that is required is the receiving address to initiate a transaction. It also provides cross-border payment, allowing businesses to receive payment in crypto and convert it to fiat.

The Lunex Network exchange also offers a staking pool, giving users the opportunity to stake their tokens for as little as 30 days and receive a high APY yield. The platform supports multi-currency staking, allowing users to stake a range of cryptos like Bitcoin, etc. Traders can also decide to use cryptos as collateral to obtain short-term loans in fiat or USDT.

Outside trading, the Lunex Network platform is designed to reward the community through the profit-sharing model aimed at rewarding token holders. The native token, LNEX, powers the ecosystem. Outside used for listing fees, holders access discounts on transactions. Given the 350% growth so far, now is the best time to buy it for just $0.0054. Analysts project 1000% growth in presale and 2000% on listing.

Despite the fluctuating crypto market condition, Dogwifhat and Bonk’s link to Solana makes them promising meme coins to invest in. WIF and BONK have dipped significantly in the past week,