With the bull run just around the corner, investors are finalizing their portfolios preceding the first anticipated major pump. While some risk-averse investors are solely hedging their bets with cryptos like Toncoin and Dogecoin, other more savvy and ambitious investors are turning to new trailblazing DEXs like Lunex Network before they have their time in the limelight.
Analysts have predicted Lunex Network to rally as the bull run progresses, and at the peak of the bull run, strong returns are a bare minimum estimate. Read on to learn why.
Dogecoin Price Prediction: Will $DOGE Shatter Its All-Time-High For The Second Subsequent Bull Run?
Dogecoin, the original meme coin, is poised to make a comeback in the upcoming bull run. While analysts are divided on its price trajectory, several factors point towards a potential surge.
Elon Musk’s influence on crypto markets, especially Dogecoin, is undeniable. His association with pro-crypto candidates like Donald Trump could further fuel the meme coin’s popularity. Additionally, a well-timed tweet or X post from Musk could send Dogecoin prices soaring.
Dogecoin’s position as the original meme coin and its strong community support give it a significant advantage. As the broader crypto market heats up, Dogecoin is likely to benefit from multiple meme rallies, potentially pushing its price higher.
However, it’s important to note that Dogecoin’s potential for parabolic growth is limited compared to other cryptocurrencies with stronger fundamentals. While it may not reach its previous all-time high of $0.73 immediately, a gradual increase toward the $0.50-$0.60 range seems more realistic.
Ultimately, Dogecoin’s price will depend on various factors, including broader market sentiment, regulatory developments, and Elon Musk’s involvement. Investors should conduct thorough research and consider their risk tolerance before investing in Dogecoin or any other cryptocurrency.
Toncoin Price Prediction: Is $TON A Sleeper Pick For This Cycle?
This year, Toncoin emerged from obscurity in Q1-Q2 as a viable layer-1 contender for this cycle. Toncoin’s association with Telegram and billionaire Pavel Durov, alongside the unique sharding technology and Toncoin’s untapped ecosystem, have also contributed to Toncoin’s sudden claim to fame.
However, Toncoin has gradually diminished in value as the year progressed. Pavel Durov’s arrest hardly helped Toncoin’s prospects, though many analysts are touting Toncoin as a sleeper pick for this cycle. TON memes like “Resistance Dog” exhibit potential, and one good news day could potentially see Toncoin soar once again.
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