Dogecoin Price Looks to Retarget $1 But Shiba Inu and This New Altcoin Could Pump 500% First

Dogecoin Price Poised to Retest $1 Resistance

Dogecoin's price momentum is rising, setting it up for a retest of the $1 resistance level in the coming weeks. Traders are establishing long positions, anticipating a significant rally.

Shiba Inu Price Consolidates After Recent Gains

Following last week's rally, Shiba Inu's price has entered a consolidation phase, experiencing an 8.74% intraday dip.

Analysts Focus Turns to Low-Cap Altcoins

Amidst the altcoin season hype, analysts are shifting their attention to low-cap altcoins such as Lunex Network (LNEX). With its potential for 1,800% gains in the near future, LNEX tokens are attracting buyers before the price surges further.

Dogecoin Targets $1 Milestone

Dogecoin's long account positions have reached a high of 92% over the last three months. The recent all-time monthly close has instilled optimism in analysts that Dogecoin will surpass the $1 mark. Currently trading at $0.4197, a push towards the $0.68696 resistance could propel Dogecoin towards $1 by early 2025.

Shiba Inu Consolidation Phase

Shiba Inu recently reached a peak of $0.00003, its highest level since April. However, it has now entered a consolidation phase. Despite positive developments, including record transactions on the Shibarium network, Shiba Inu has declined by 8.83% in the last 24 hours.

Lunex Network Outshines Memecoin Market

In the broader crypto space, Lunex Network (LNEX) has witnessed a 175% price jump. By integrating features of decentralized and centralized exchanges, Lunex Network simplifies cross-chain transfers. Analysts predict its price will soar towards $1 in early January.

Lunex Network's Key Features

Lunex Network's adoption is driven by its integration of Web3 technology and its noncustodial ecosystem. It allows traders to make cross-chain transfers without using third-party wallets. Additionally, Lunex Network offers passive income through its revenue sharing model, distributing staking rewards weekly.

Lunex Network Investment Opportunity

LNEX tokens are still available at a low price of $0.0033 each. Before the anticipated 20x rally by the end of Q4, this represents an investment opportunity with significant potential for high returns.

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