Three Crypto Coins Aim for the $1 Milestone: Will Lunex Network (LNEX) Surpass Dogecoin (DOGE) and Shiba Inu (SHIB) by 2025?
In the crypto space, reaching the '$1' price is viewed as entirely groundbreaking. For investors, it shows great potential. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have not hit this mark. However, many market analysts like Trader Tardigrade and Shib Spain remain bullish in their price predictions.
Meanwhile, a new DeFi coin is gaining momentum and could become a favorite. This is LunexNetwork (LNEX), an emerging DeFi protocol designed to link isolated blockchains and revolutionize the DeFi market. Currently in its presale stage, many investors are showing interest. There's even speculation that LNEX might hit the $1 mark by 2025, outpacing both DOGE and SHIB.
Lunex Network (LNEX) Primed To Shake Up the DeFi Market With a 333% Price Jump
Lunex Network (LNEX) is capturing attention in the cryptocurrency market. Although still in presale, it has already delivered a 333% return to early investors. The rising price of this DeFi coin is drawing more interest as it continues to climb over three days.
According to Statista, the DeFi market is projected to reach $376 million by 2025. Lunex Network intends to lead this sector. It plans to introduce a non-custodial crypto exchange without requiring KYC checks for sign-up. Users will be able to swap cryptocurrencies across different blockchains anonymously, benefiting from competitive spreads and minimal transaction fees.
The LNEX token will power this platform, granting holders governance voting rights. Additionally, Lunex Network will allocate a portion of its revenue to repurchase LNEX tokens from the market and redistribute them to LNEX stakers. Currently, one LNEX is priced at $0.0052, marking a 333% increase from its initial price. Predictions suggest it could rise to $0.0216 following an upcoming Tier-1 CEX listing.
Trader Tardigrade Predicts a Moonshot for Dogecoin (DOGE)
Dogecoin (DOGE), a major player among meme coins, has experienced some downturns. Based on CoinMarketCap data, its value has decreased from approximately $0.40 to nearly $0.30 over the last month, representing a decline of over 20%.
Nevertheless, crypto analyst Trader Tardigrade remains optimistic about Dogecoin (DOGE). In his X post, he noted that this meme coin is repeating historical patterns and could soon surge. He predicted a bold price target of $9 for Dogecoin by 2025.
TradingView also indicates potential for a Dogecoin price increase. Presently, this meme coin is valued above its 100-day EMA ($0.28) and 200-day EMA ($0.22). With a momentum indicator at 0.0079, which falls within the buy zone, further upward movement seems likely.
Shiba Inu (SHIB) Faces Price Decline, Analysts Stay Hopeful
Shiba Inu (SHIB) is another meme coin experiencing challenges. According to CoinMarketCap, its price has dropped over 30% in the past month, fluctuating between $0.000032 and nearly $0.000020.
Despite this, some traders remain excited about Shiba Inu (SHIB), with market analyst Shib Spain maintaining a positive outlook. In a recent X post, he suggested that if SHIB hits $0.0001, it might also advance to $0.001.
The technical analysis supports this Shiba Inu price prediction. TradingView shows this token is valued above its 200-day EMA ($0.000020) and has a momentum indicator of −0.00000006, indicating it's in the buy zone. Thus, SHIB could have a promising future.
Lunex Network (LNEX) vs. Dogecoin (DOGE) vs. Shiba Inu (SHIB) – Which Crypto Coin Might Hit $1 First?
Currently, Lunex Network (LNEX), Dogecoin (DOGE), and Shiba Inu (SHIB) are altcoins worth keeping an eye on. Each has the potential for significant price increases by 2025. However, LNEX stands out due to its smaller market cap compared to its competitors. This means that less capital is needed to drive its price up significantly, potentially allowing LNEX to reach $1 first.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
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