Dogecoin (DOGE) and Pepe (PEPE) May Explode Soon, But This New ICO Project Could Give You 10x Returns

An analyst called Trader Tardigrade believes the Dogecoin (DOGE) price may drop to $0.3 before surging to $3. Similarly, another expert opines that the Pepe (PEPE) token may surge to $0.000032 in the next couple of months.

Dogecoin Price Analysis: DOGE Price May Drop to $0.3 Before Surging to $3, Analyst Predicts

An analyst called Trader Tardigrade believes the Dogecoin (DOGE) price may drop to $0.3 before surging to $3.

According to the analyst, a similar price action was observed in 2017/2018 before a massive price pump followed.

However, Dogecoin crypto is currently facing resistance at $0.44, and a breakout from this level could propel the memecoin to new highs.

On the other hand, if DOGE fails to hold the $0.4 mark, it may drop to $0.3 as predicted by Tardigrade. From there, the memecoin could begin its recovery and possibly surge to $3.

Dogecoin (DOGE) Price Analysis

This memecoin has given investors more than 200% of profit recently. At the time of this writing, the Dogecoin crypto is above the $0.4 mark. On the 7-day chart on CoinMarketCap, it has a 16.5% increase. It appears the meme coin has turned it into a support level.

With such aid, the Dogecoin price could reach $1 in the coming weeks. However, Trader Tardigrade believes a pullback could happen soon. They expect the value of the Dogecoin token to drop to $0.3 before it rises to $3.

Dogecoin price chart for the past 7 days. Source: CoinMarketCap

DOGE is trading at $0.4403, up 0.4% in the past 24 hours, with a trading volume of $1.4 billion. Dogecoin ranks 10th on CoinMarketCap with a live market cap of $58.4 billion. It has a circulating supply of 133.1 billion DOGE coins and a total supply of 133.1 billion.

Relative Strength Index (RSI) for DOGE on the daily chart is currently at 76.08, indicating that the meme coin is in the overbought region. The Fear and Greed Index is also in the Extreme Greed zone at 80.

Pepe Coin Price Analysis: PEPE Price May Surge to $0.000032, Analysts Say

The Pepe coin is another meme token that has shown potential in the last few weeks. Data from CoinMarketCap shows the value of Pepe (PEPE) has risen by 123.2% in the monthly chart.

However, it has dropped 4% in the 7-day timeframe. The coin is having a tough time crossing the resistance at $0.0000220. Analysts say crossing this mark could push the Pepe price to new levels.

Pepe coin price chart for the past 7 days. Source: CoinMarketCap

Pepe crypto is trading at $0.00002043, up 6.6% in the past 24 hours, with a trading volume of $100,844. Pepe coin ranks 3443rd on CoinMarketCap with a live market cap of $20,430,104. It has a circulating supply of 1 billion PEPE coins.

RSI for PEPE on the daily chart is currently at 70.15, indicating that the meme token is in the overbought region.

Best Crypto to Invest in Now: Potential 10x Rally Coming for Lunex Network (LNEX)

Following its increase of more than 150%, the LNEX token now trades at $0.0031. The DeFi project has already set a milestone by raising more than $3.1 million during the presale alone. Pundits suggest that $LNEX could rise in value by 10x before the platform even goes live.

Lunex allows traders to swap over 50,000 assets across various blockchains. This feature eliminates the need to use several platforms to trade with ease. To traders, this will provide flexibility and versatility in managing multiple portfolios, hence making Lunex a complete DeFi space.

Lunex also ensures privacy through its no-KYC policy as well. While many trading platforms demand a user to reveal their identity, Lunex provides anonymity to its users to trade assets. This makes onboarding faster and is attractive to users who may prefer their financial transactions not to be exposed to the general public.

In addition to this, Lunex has staking rewards of up to 18% APY for anyone who stakes the $LNEX tokens. This gives a good return on capital and encourages people to stay active for long periods.

Lunex Network has had a successful presale and is implementing unique features that will help it to compete for domination in the DeFi market.