Dogecoin’s (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market. SHIB is attempting to move to a new price level. Both coins are now growing and are attracting investors. So, this could be the start of the new meme coin market rally.
Shiba Inu (SHIB) Price Targets $0.00003 Level
The meme coin, Shiba Inu (SHIB), has been steadily gaining momentum, and is currently in profits on the weekly and monthly timeframes. CoinMarketCap shows SHIB has gained 53.5% in the first week of November.
The Shiba Inu crypto is upward on the biweekly chart. It also targets the monthly timeframe and the yearly charts as bullish. The memecoin traded from a low of $0.00001644 to a high of $0.00002768 in the last week.
This rally led to the attention of the experts. The crypto analyst with the X handle BullishBanter is bullish on Shiba Inu (SHIB) as the token gets closer to a price level.
The analyst also said that if the Shiba Inu token is to remain above $0.00002, this may be the base for the token’s next pump.
SHIB KNIGHT predicts the Shiba Inu price to pump up to $0.00003500 in the coming week. The pattern of the token’s moving average convergence divergence above the relative strength index is now in the overbought zone, which is bullish.
Dogecoin (DOGE) Leads the Market Pump, Overtakes USDC and XRP
$DOGE remains the largest memecoin in the crypto market. Its value has risen exponentially in the last seven days. The price of the cryptocurrency has a gain of 87.9% on this level.
The DOGE price surged to a peak of $0.3 level. This is the highest DOGE value recorded over the last three years. As a result of the Large Gathering, the market cap of the Dogecoin crypto soared from $23 billion to $43 billion.
This massive pump is almost 2x of its weekly low. Currently, meme coin is the 6th largest cryptocurrency in the market. CoinMarketCap’s data shows that DOGE has crossed $44 billion and climbed above Circle’s stablecoin, USDC, and Ripple’s XRP.
Going forward, analysts are very bullish about the Dogecoin token. Many believe the cryptocurrency’s bull run has just begun. They are looking forward to more gains in the next few weeks.
Analyst Ali Charts has noted that the Dogecoin price has the potential to start an uptrend soon. Using historical data, he believes that possible peak prices could be at the 1.618 and 2.272 Fibonacci levels, which could be between $3.95 and $23.26.
Lunex Network (LNEX) Places User Safety At The Forefront
Lunex Network (LNEX) is an innovative decentralized finance platform that enables safe trading, staking, and managing more than 50,000 tokens with low fees and high speed. The aim of the DeFi project is to empower users and protect their data. So, it adopts a non-custodial approach. This approach gives users a chance to control their funds and trade without personal identification.
For $LNEX token holders, the platform has provided up to 18% Annual Percentage Yield on staking, a discount, and revenue sharing. Furthermore, Lunex’s direct trading system also does not include third-party wallets to make transactions much simpler.
Lunex is still in presale and has raised over $2.1 million in its ongoing presale phase. LNEX has also rallied to $0.0021 from its initial price of $0.0012. Analysts believe that the DeFi coin price could grow by 10x by Q1 2025. Thus, Lunex is one of the best altcoins to consider.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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