Home » Press Release » Bonk and Dogwifhat Poised for Renewed Uptrend As Investors Explore This DeFi Coin With 50x Projection in 2025

Bonk and Dogwifhat Poised for Renewed Uptrend As Investors Explore This DeFi Coin With 50x Projection in 2025

14.01.2025 10:30 5 min. read Kosta Gushterov
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Bonk and Dogwifhat Poised for Renewed Uptrend As Investors Explore This DeFi Coin With 50x Projection in 2025

Analysts are speculating Bonk's price is on track to break its all-time high of $0.00005825, which it set in November last year, although its failed to deliver bullish momentum as yet.

Dogwifhat’s also has stalled after rising market activity had seen the popular meme coin break through the $2 resistance trendline. This downward momentum has led to predictions that meme coins will rebound big in the 2025 crypto market rally. 


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Despite the growing market activity of top memecoins, investors are also exploring other upcoming DeFi projects like Lunex Network (LNEX). Early investors of the new DeFi coin have gained over 350% ROI within the past 30 days, ranking among the top-performing presale tokens. Driven by a non-custodial multi-chain DeFi exchange, the LNEX token is projected for 50x rallies in 2025. 

Can Bonk Coin Breakout Soon?

Bonk, the popular Solana-based memecoin, could be back in the uptrend with 1% gains in the past 24 hours, as per the market stats. Although the Bonk trading volume has decreased by 27% to $125M, signaling investors are holding for an imminent rally. Although the Bonk price chart in the 30D timeframe is negative, this recent resurgence could push the altcoin price toward the $0.000045 resistance zone. 

CryptoS6, a trader, thinks that the Bonk crypto coin is showing signs of an imminent breakout. The Bonk price is tightening into a symmetrical triangle ,while technical indicators suggest growing bullish momentum. The analyst thinks that a breakout could see the meme coin price jump to $0.00008173 and $0.00011687.

Meanwhile, before Bonk can reach these targets, it needs to break out from these three crucial resistance zones:  $0.000039, $ 0.000046, and $ 0.000053. Although Bonk market sentiment is bearish, the coin still trades above the 50-day SMA based on Tradingview stats. Bonk weekly moving averages (MA) are showing buy signals, a move that could lead to more uptrend. 

Dogwifhat Price Prediction: Analyst Anticipates Rally to $3.85

Having suffered bearish pressure, which saw the Dogwifhat price drop below the major $2 support zone, the meme coin can rebound and is looking to establish support at the mark again. 

 CW8900, a popular analyst on X, is confident about Bonk’s future and tips it to retest the $3.85 target. Using the Dogwifhat chart, the tweet claims that the meme coin has broken through the falling wedge pattern and is now moving sideways. In a similar opinion, TA, another analyst, thinks that Dogwifhat’s candlestick patterns suggest an upcoming trend change.

The Bonk market sentiment is bearish, but the Fear and Greed index is 70 (Greed), which is a bullish signal. Although the Bonk Future open interest is at a low of 9.87M, the recent resurgence could trigger more rallies. In their Bonk price prediction for the short term, Coincodex experts project a 230% growth, making it one of the top crypto coins to invest in 2025. 

Lunex Network: Reshaping the DeFi space with Extraordinary Trading Features

Lunex Network (LNEX) is rising to become a major contender in the $112B DeFi industry due to the robust features of the new trading exchange. Designed to allow for cross-chain transactions, the Lunex network DeFi trading exchange will allow users to purchase, trade and swap cryptos without the need for KYC or wallet connections, solving the issues of privacy in CEX exchanges. 

The mobile exchange houses over 50k trading pairs, giving investors more trading opportunities, which will translate to more profits. Traders can also access the revolutionary portfolio tracker designed to allow traders to track multiple assets like cryptos, etc. Notably, Lunex Network is the first community-backed exchange with a profit-sharing model feature. 

This feature allows the team to use a percentage of the revenue to buy back the LNEX token from the open market and redistribute it to holders. Adding to the fact that LNEX is used for listing fees, the demand for the token and the upcoming scarcity will boost the price. Users can also decide to stake the token for as little as 30 days and earn high APY yields. 

These enormous features could see the Lunex Network token rank among the best altcoins in the market sooner than anticipated. Sold for just $0.0054, now is the best time to invest in the token. So far, over 2.4 billion LNEX tokens have been sold, helping the team raise more than $6.2 million in presale. As such, LNEX is one of the top DeFi coins to prioritize in Q1. 

Which Altcoin To Buy in Q1 Among LNEX, BONK and WIF?

Bonk and Dogwifhat have shown resilience despite market volatility. These meme coin titans could yield huge ROI if the current bullish momentum continues. Lunex Network also presents a good opportunity for investors looking for high-yield crypto coins to invest in its early stage. The cross-chain trading exchange and the robust features of the ecosystem will likely boost the adoption which will increase the demand for the LNEX token. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork


This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

 

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.

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