Though a rocky start has plagued early ‘Uptober’. However, the bull run could start at any given moment 6 months following the Bitcoin halving. While Dogecoin presents a viable investment opportunity for moderate-risk investors looking to diversify with a meme token, more ambitious investors are routinely gravitating towards Lunex Network for 100x returns as soon as Q1 2025.
Dogecoin Fares Well in Light of Sudden Market Crash
Recent international events have thrown a spanner in the works regarding Dogecoin’s parabolic rise, halting the meme craze of late September. Though it’s still too early to tell, some analysts believe that Uptober has been canceled. Others retain hope that renewed bullish sentiment will prevail as the month progresses.
Though Dogecoin is down over 7% in a single day, Dogecoin is faring well compared to other top 100 cryptos. Experienced crypto investors are aware that FUD (fear, uncertainty, doubt) events are usually temporary blips in the overall cycle’s progression. They are largely unperturbed by Dogecoin’s short-term diminishment in value.
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2024 Outlook: Newer Memes Take Centre-Stage as Dogecoin Evolves into a “Blue Chip” Meme Asset
Dogecoin’s influence on the cryptocurrency space is undeniable. Nevertheless, Elon Musk’s tweet about Dogecoin in 2019 is likely to be consigned to the history books. Ushering in a new era for memecoins, its price resilience has made Dogecoin a top ten cryptocurrency. The price performance reflects the monumental hype potential of purely speculative assets.
Since that point, a plethora of new memes have emerged from the woodwork. Notably, Solana memecoins such as Dogwifhat and Bonk have soared over 1000% this year alone. These are taking center stage in this bull run. However, multiple analysts purport that these memecoins will be able to coexist harmoniously. Analysts also suggest that DOGE has evolved into a “blue chip” memecoin in a league of its own for this sector.
A myriad of factors give credence to this claim. Some factors include Dogecoin’s status as the 9th largest crypto, increasing adoption, and interest from billionaires like Mark Cuban and Elon Musk. Musk has sporadically teased that Dogecoin could be used for Tesla merch payments. He has hinted that its price could benefit from X’s implementation of cryptocurrency within the platform.
Lunex Network: A Revolutionary DEX With the Lucrative Potential of a Micro-Cap Memecoin
The bull run is due to kick into gear imminently, and analysts predict that LNEX could deliver 100x returns as the cycle evolves. With Lunex Network’s outstanding fundamentals and accessibility, LNEX could potentially see a massive 1800% surge by November. LNEX could give net new investors parabolic returns, surpassing 100x by 2025.
One of Lunex Network’s standout features is its complete removal of KYC (Know Your Customer) protocols. In conjunction with this, users aren’t required to connect to wallets like MetaMask, rendering the entire swapping process as convenient and frictionless as possible.
Lunex Network also places a strong focus on privacy, security, and user-friendliness. Utilizing advanced smart contract technology, the platform enables seamless trading of over 50,000 assets while keeping fees to a bare minimum. Users can monitor every trade and swap with full transparency, an appealing feature rarely seen with alternative DEX platforms.
The platform also offers a highly attractive staking system, where users can earn up to 18% APY by staking their LNEX tokens. Lunex Network supports a variety of cryptocurrencies for staking, including Solana, Ethereum, and Dogecoin. By including leading cryptos and memecoins, it offers a more diverse staking experience that appeals to a broader audience.
Priced at just $0.0013 during the second stage of the presale, Lunex Network is expected to soar in value during the bull run. With a potential 1800% rally anticipated in November, early investors are in a prime position to secure 100x gains by 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
