How Long Until Dogecoin Hit $1? Investors Look At Lunex Network For 18x Returns

Dogecoin (DOGE) has remained under the $1 mark for so long that even firm believers are asking when the memecoin will reach this milestone.

Despite its electric rally in the month of November, DOGE is currently grappling with resistance at $0.5. Analysts like Trader Tardigrade believe the meme coin could cross the mark soon based on a bullish RSI and MACD.

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Meanwhile, investors are looking at Lunex Network (LNEX), a new entrant that could potentially give 18x returns and outperform the top memecoin. The DeFi coin is currently priced at $0.0033 and is considered as one of the best altcoins to buy now.

Dogecoin (DOGE) Faces Resistance At Key Level 

The Dogecoin token produced an overwhelming performance as it rallied on the heels of Donald Trump’s election victory. Unfortunately, it appears the Dogecoin crypto has lost its initial momentum. The token has been trading between $0.375 and $0.475 in the past week. 

On the 7-day chart, the Dogecoin price is up 4.9%. On the 30-day chart, there is a profit of 145.8%. Experts say surpassing the resistance at the $0.5 region could rekindle the upsurge the market is waiting for. Trader Tardigrade forecast the value of Dogecoin (DOGE) could lump to $1.15 in the coming weeks.

According to him, the memecoin’s RSI has bounced up from the oversold zone on the 4-hour chart. Previous bounces had led to 40% and 200%. So, Trader Tardigrade believes another rally of over 200% could occur in the near term.

In a follow up tweet, the pundit said DOGE’s MACD has given a Golden Cross signal below the zero line. This technical indicator is a bullish signal, which may mean that the beginning of another bull rally for DOGE has begun.

Lunex Network (LNEX) Expected To Lead Bull Run With 18x Gains 

Lunex Network (LNEX) is a new player in the DeFi market. It has a native token called LNEX, which offers benefits like rewards, discounts, and lots more. The LNEX utility token is in the cryptocurrency ICO stage, and it is currently at $0.0033; this is a good chance to buy more before the bull run.

Meanwhile, Lunex Network is building a platform where users can trade and swap more than 50,000 coins on 40+ blockchains with minimal fees and maximum speed. Users are not required to fill out KYC forms. This level of anonymity makes it a top contender for centralized exchanges. In addition, Lunex Network also allows its users to have their own keys in this campaign on decentralization.

Furthermore, Lunex Network meets all the requirements of DeFi users in one application, so there is no need to include other wallets, such as MetaMask. The reason why Lunex Network is the best crypto investment is that it offers passive income. The LNEX token owners can get up to 18% APY if they buy the token and stake it for 30 days or more.

In addition, Lunex Network has a different revenue-sharing model, which makes it one of the best DeFi projects. It uses a part of its profit to constantly repurchase $LNEX tokens from the market. The remaining 50% is for stakers, and the rest is for other uses.

Final Words 

As for Dogecoin (DOGE), the dream of reaching $1 could happen in the coming weeks. Meanwhile, Lunex Network is gaining popularity as a top crypto to buy for investors looking for a low-priced coin with potential.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

Telegram: Join Lunex’s Growing Community

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.