Analysts Are Betting Big on Dogecoin, Dogwifhat and LNEX Going Into 2025

In December 2024, meme coins are running the show. Dogecoin (DOGE) unapologetically took the spotlight as it recorded a memorable triple-digit surge in less than a month.

Dogwifhat (WIF) is also catching eyeballs, and although its performance lagged, it appears primed for a massive rally in the upcoming weeks. 

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Meanwhile, Lunex Network continues to make strides in the DEX space as thousands are rushing to the ongoing presale of the native $LNEX token. Let’s see how these projects compare and why $LNEX could take everyone by surprise in 2025.

Dogecoin Has Broken Out, What’s Next?

After facing rejection at the $0.47 mark, Dogecoin (DOGE) entered a consolidation phase around $0.40 as buyers scooped up the dip. Over the last few days, however, Dogecoin has started gaining ground again and today it trades at $0.46 following an 8.4% weekly increase. Interest in Dogecoin has been reignited as reflected by the 43% surge in volume, with roughly $9.7 billion worth of DOGE traded in the last 24 hours.

According to Trader Tardigrade, the chart shows that Dogecoin is in the process of breaking out of a bullish pennant pattern. This breakout, supported by the increase in volume, could pave the way for another major leg-up in the Dogecoin price, with the next big target being the prophesied $1 milestone.

Investors Keep An Eye On This Dogwifhat Pattern

Dogwifhat (WIF) was launched about a year ago, and since then it has grown to be one of the top meme coins in the space. CoinMarketCap shows a 2100% yearly increase, placing Dogwifhat in the crypto top 50 with a noteworthy $3.69 billion in market capitalization. Dogwifhat faced intense selling pressure around the $4 mark, which led to a retracement and consolidation on lower levels. Currently, Dogwifhat sells for $3.70, with 4.5% in weekly gains.

Analyst and trader Dylan has drawn attention to an inverse head &  shoulders formation on the Dogwifhat chart. This bullish formation could be foreshadowing a run to a new all-time high for Dogwifhat, provided that the $4 resistance is reclaimed and flipped into support.

Lunex Network Grabs Attention With Passive Income Model

Lunex Network is a cutting-edge decentralized exchange that connects and seamlessly transacts between individual blockchains, including Bitcoin, Ethereum, and Solana. Investors can use the platform to trade across 50,000 different assets at the lowest price possible, while simultaneously earning generous rewards via Lunex’s revenue-sharing mechanism.

Lunex Network stays true to its roots as a decentralized protocol by implementing a no-KYC policy. Investors simply request the currency pair, input a receiving address, and confirm the swap. Users enjoy complete anonymity without having to go through various hoops and verification processes while retaining exclusive custody of their funds.

Lunex will also offer a DeFi crypto wallet and a portfolio tracker for efficient asset management. The Lunex Pro subscription service will provide advanced trading tools and exclusive features for those who want to take their trading to the next level, these include cashback bonuses and AML wallet checks.

One of the most intriguing aspects of the Lunex Network is the passive income mechanism, which will allow users who stake the $LNEX token to earn up to 18% APY. To sustain this, Lunex will invest a portion of its weekly earnings to repurchase $LNEX tokens and then distribute them as recurring staking rewards to holders. Moreover, a certain amount of the tokens will be burned forever, promoting long-term growth and encouraging holding, while investors enjoy the benefits of token appreciation on top of the staking rewards.

Right now, $LNEX tokens sell for just $0.038. Early buyers can expect an 18x multiplier by the end of the presale alone, meaning that there has never been a better time to get involved. Don’t miss out!

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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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.