Solana has risen from bear market lows to become 2024’s trendiest layer-1 overall, recently reaching a new all-time high in Q4 and boasting a thriving meme ecosystem. As crypto’s largest meme coin by some distance, Dogecoin is also staunchly in the green in the early stages of the bull run.
However, Dogecoin and Solana itself are likely confined to returns below 2-5x. Ambitious investors seeking 10-20x gains in early 2025 should consider looking into new gems like Lunex Network, a DEX where great fundamentals meet massive hype potential. Here’s the rundown.
Solana’s Temporary ETF Hurdles Shouldn’t Concern Diamond-Handing Investors
Solana’s remarkable Q4 performance, culminating in a record-breaking high of $263, underscores its rising prominence in 2024. The low fees and rapid transaction speeds of Solana have driven user adoption and Solana’s thriving meme ecosystem including the likes of Dogwifhat, Popcat, and Pnut, all propagated through the controversial decentralized application called “pump.fun”.
However, the outlook for Solana ETFs faces challenges as reports suggest the SEC intends to reject some Solana ETF applications. Experts have dubbed this as Gary Gensler’s “parting gift” to the cryptocurrency space, an action that would be in keeping with his anti-cryptocurrency tenure. Despite this setback, the upcoming appointment of crypto-friendly SEC Chair Paul Atkins by president-elect Trump in January has fueled optimism for eventual Solana ETF’s down the line.
Analysts Remain Bullish About Dogecoin Amid Projections Of An Eventual $10 DOGE
Dogecoin has solidified its position as a leading cryptocurrency, intermittently ranking amongst the top five earlier in Q4 following Trump’s resounding election victory. Trump’s promise of regulatory clarity and sector growth has reignited investor interest for established memes like Dogecoin, particularly from new money hesitant to enter the market. The unveiling of the “Department of Government Efficiency” (DOGE), set to be co-led by Elon Musk, further underscores Dogecoin’s growing mainstream appeal and symbolic role in the new pro-crypto administration.
Analysts remain bullish about Dogecoin, with some predicting Dogecoin could climb as far as $10 if memes continue to dominate the market, though this is undeniably bullish and Dogecoin could underwhelm in comparison to lower market cap gems with great fundamentals like Lunex Network.
Great Fundamentals Meets Massive Hype Potential: Why Lunex Network Is A Clear Choice For This Bull Cycle
Lunex Network is quickly emerging as a standout in the crypto space, exhibiting the potential to amass returns of 100x during the peak of the bull run and 10-20x gains as early as Q1 2025.
By eliminating the need for external wallets like MetaMask or PhantomWallet, Lunex Network streamlines the token-swapping process, allowing users to trade seamlessly with just a few clicks. Transactions are completed at lightning speed, as all users need is to select their desired token and enter a valid wallet address. After this, the desired tokens arrive at the designated address in mere seconds thanks to the platform’s advanced smart contract tech.
The platform also removes KYC requirements, further bolstering the platform’s accessibility while appealing to those who strongly value privacy and anonymity. Supporting over 50,000 blockchains, Lunex Network offers swaps for widely recognized tokens like Solana and even memes like Dogecoin.
With its robust cross-chain technology and intuitive design, Lunex Network is redefining decentralized trading. Priced at just $0.0046, it offers a prime opportunity for investors aiming to capitalize on a forward-looking DEX platform, the bull cycle. Don’t miss out!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
