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Dogecoin and Cardano soar as bullish sentiment grows, while analysts eye Lunex Network for massive DEX token potential.
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Throughout the bull run, different crypto’s will surge at different times. Dogecoin and Cardano are already soaring before Bitcoin surpasses the $100,000 milestone, reflecting the current bullish sentiment surrounding layer-1’s and meme coins heading into the bull run.
One sector that’s yet to significantly rally is DEX tokens, though many analysts are urging investors to be two steps ahead of the curb and acquire new trailblazing DEX-swapping gems like Lunex Network. With massive returns on the precipice for LNEX preceding the bull run’s peak, here’s why analysts are bullish.
Will Dogecoin’s momentous surge usher in a “meme-supercycle”
Officially entering the top 5 as a meme coin, Dogecoin’s staggering 200% upsurge has solidified Dogecoin’s position in the cryptocurrency history books.
Interest for established memes from new money investors has proved to be a major bullish catalyst for Dogecoin, as Dogecoin’s surge continues to grow on the daily and weekly charts.
Trump’s official announcement of the “Department of Government Efficiency, a blatant nod to Dogecoin (acronym for DOGE), has further fuelled Dogecoin’s parabolic growth. Some experts believe that Dogecoin’s ascension indicates a potential meme super-cycle in 2024-2025, corroborating sentiment reiterated from influencers like “Murad” on X. While it’s too early to tell, memes have inarguably been the standout sector so far this cycle.
