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PEPE may flip Dogecoin in this cycle, but new altcoins may surpass both in gains
Pepe (PEPE) is rising in the memecoin market and is challenging Dogecoin (DOGE) for the top spot, but analysts say GambleFi will have better returns in 2025, with Rollblock (RBLK) likely to grow 1,000 times by 2026.
Pepe community exerts strength and approaches the memecoin throne
Pepe price is the leader in the 2024 memecoin rebound, rising nearly 15 times at its peak and only falling 30% from its high. Its price momentum combined with the viral meme effect is likely to top the memecoin. Its market value only needs to increase by another 4 times to replace the current memecoin king.
Dogecoin throne may be taken away
Dogecoin may lose its top spot in memecoin if it does not grow itself. Although its price rose in the 2024 bull market cycle, it only rose by more than 2 times, and then most of the gains were given back, with an increase of only 25% for the whole year. Given the divergence in price momentum with Pepe, Dogecoin could lose ground.
Rollblock leads in GambleFi
Analysts believe that the battle between Pepe and Dogecoin for meme coin dominance is a distraction, and the real growth in 2025 is in the GambleFi space. The online db industry has annual revenue of nearly $500 billion, mostly unaffected by the potential of blockchain.
Rollblock's crypto db has more than 7,000 games, and players can participate in 20 major crypto tokens. Blockchain technology allows fast registration, no waiting, and no pumping fees.
Rollblock's db token drives revenue sharing and buyback programs. 30% of the casino's daily revenue is used for buybacks, half of which is used to buy back and burn to increase prices, and the other half is used to stake RBLK tokens to increase user income.
Analysts expect Rollblock's GambleFi investment to grow at least 1,000 times by 2025. Its crypto pre-sale is now in its seventh phase, with tokens priced at $0.03.

Top 3 Altcoin Picks for October: Explosive Gains Are Coming!

Starting October, top altcoins are attracting investors’ attention, some projects have the potential for explosive gains, and major players have a lot of room to rise.

Wormhole (W) - Cross-chain Communication Solution

Wormhole has performed well in recent weeks. CoinCodex predicts that the price will rise by 225.74% to $1.109821 by November 2, 2024. The current sentiment is bullish, with the Fear & Greed Index at 37 (fear), and nearly 18/30 (60%) days are green, which is seen as a positive sign by investors. Telegaon also predicts that it will shine in 2024 due to its listing on a major exchange, with an average price of about $2.84 in 2024 and a maximum of $2.95 in 2025. If the market is positive, it may reach more highs this year, and if the market is negative, it may reach a minimum of $1.65 in 2025.
Sui (SUI) - High-throughput Layer 1 Platform
Telegaon's price prediction for Sui shows steady growth potential, predicting an average price of $2.54 in 2024 and a possible climb to $32.07 in 2030. In 2024, the price could reach as high as $3.15 in a bullish event, and is likely to regain its position in a positive environment, while the lowest price could be $1.27 in a bearish environment. CoinCodex's short-term forecast is more optimistic, predicting a price increase of 232.23% to $6.10 by November 1, 2024, attracting the attention of altcoin investment enthusiasts.
Chainlink (LINK) - Decentralized Oracle Network
Chainlink has a strong long-term outlook and is one of the altcoins to watch. Telegaon predicts an average price of $24.85 in 2024 and a possible price of $116.52 in 2030. If the market sentiment is positive in 2024, it will soar, attracting more investors and the price may be higher, up to $28.85 in 2025, and down to $22.83 in a bearish trend. The value may exceed the forecast if the market conditions improve. CoinCodex's short-term forecast is more conservative, predicting that the price will rise by 15.74% to $12.50 by November 2, 2024. This different forecast reflects the complexity of the trend of altcoins.
The altcoin market is growing rapidly, and Wormhole, Sui, and Chainlink use blockchain to solve real problems, which is attractive to investors.

3 Dogecoin (DOGE) price levels to watch after catastrophic crash
Dogecoin has recently fallen sharply by about 18%, raising concerns about its trend. Investors need to pay attention to three key price levels to judge its trend.
$0.10 support level
This support level is critical and has been the bottom in the past. If it holds, it may consolidate or reverse, and if it falls below, it will face greater selling pressure.
200-day moving average
Dogecoin is now slightly above the 200-day EMA of about $0.104. If it falls below, it may see a deeper correction, so investors should pay close attention.
$0.12 resistance level
Dogecoin did not hold this level at its recent peak. Breaking it may start a larger rebound, otherwise it will be difficult to accelerate the rise again.
On-chain indicators show that 6% of the coins are concentrated in large holders, and 73% of holders are still profitable. Although the price has fallen, the slight increase in large transactions indicates that whales may still hold.

Rexas Coin and Moodeng ETH partnership could herald the beginning of the Meme Coin revolution
Strategic partnerships can increase the visibility of crypto assets, and Ethereum has grown rapidly in the crypto space thanks to partnerships with Consensys, Microsoft, and IBM, ranking second. The partnership between Rexas Coin and Moodeng ETH may open up a new direction for the meme coin market and push both to new heights.
Why the partnership between the two will change the rules of the game
The crypto space has been gaining more attention in recent years, and the potential partnership between Moodeng ETH and Rexas Coin will make things even better. Rexas Coin focuses on making real-world assets (RWA) more valuable and easy to interact with. The partnership between the two is a combination of practicality and fun.
The Rexas project brings many projects into the crypto space and can add a new element to the tokenization of real-world assets. With its features, users can easily tokenize, raise funds, and manage assets with Rexas Coin. While Rexas Coin continues to increase in utility, Moodeng ETH adopts a new meme coin strategy to attract blockchain users by seizing crypto market sentiment, which may cause the price to soar at launch. Therefore, the combination of the expected price surge of Moodeng ETH and the long-term profit potential of Rexas Coin will bring huge changes to investors.
Moodeng ETH and Rexas Coin: The best combination for investment returns in 2024
Both are more attractive in the pre-sale stage. Rexas Coin has many amazing features, and the price of Moodeng ETH is expected to soar, and investors can benefit from early participation. Just like buying BTC or Shiba Inu Coin early to bring huge profits, Rexas Coin's revolutionary features can help investors win more in the market.

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Bitcoin at a crossroads: Will it plummet to $52 or soar to $130?

Global cryptocurrency markets are facing selling pressure amid geopolitical tensions and massive ETF outflows, which contradicts many expectations of a bullish October. Bitcoin has fallen from recent highs of around $5,000 to below $66,000. With a critical moment approaching, one crypto analyst points to a key support level that will determine whether Bitcoin breaks through or breaks through.

Bitcoin price to drop to $52,000?

According to Ali Martinez, a well-known crypto chartist, Bitcoin price action could form a bearish pattern, leading to a sharp drop. According to him, if price action continues along the descending parallel channel pattern, Bitcoin could drop to $52,000. In this pattern, Bitcoin price moves within two downward sloping parallel lines, encounters resistance at the top, and tends to fall to the support level of the lower line. As long as the price is within this range, it tends to be bearish, but a breakout of the channel could lead to a bullish reversal.

Bitcoin rebound to $130,000?

Another analyst, Mags, believes that Bitcoin could be about to surge significantly, which could push the value to $130,000. Mags said that the Bitcoin price is forming a right shoulder, which could prompt a rebound soon. If the pattern is completed, the Bitcoin price could approach $130,000. If Bitcoin follows the inverse H&S pattern trajectory, it would be significant for the cryptocurrency as it has been struggling to gain strong upward momentum recently.

Binance May Delist These 5 Altcoins Soon: Everything You Need to Know
Binance, the world’s largest cryptocurrency exchange, has flagged five altcoins for possible delisting: Bluzelle (BLZ), CLV (CLV), SelfKey (KEY), Prosper (PROS), and VITE (VITE). At the same time, Binance added them to its monitoring tag list, which means increased scrutiny due to increased volatility and risk.
Altcoins Collapse Due to Delisting Risk
The monitoring tag is Binance’s way of picking tokens that may not meet listing standards. The review criteria are comprehensive and cover factors such as the team’s commitment to the project, the quality and level of development activities, trading volume and liquidity, and also check network stability, security, and responsiveness to Binance’s due diligence requests.
Binance warned: “Tokens with the monitoring tag may no longer meet the listing standards and be delisted.” The warning caused the prices of these altcoins to plummet. VITE was the worst affected, falling nearly 25%; PROS and CLV fell 15.74% and 15.22% respectively.
However, KEY and BLZ have shown some resilience. KEY initially fell 9%, but later recovered and is now down 7.35%; BLZ also had a rapid drop of 12%, but basically stabilized and is now down only 4.54%.
In addition, Binance made the opposite decision and removed the seed tag from two altcoins, Pendle (PENDLE) and Sei (SEI). This shows that these tokens have stabilized and the risks have been reduced, as the seed tag usually represents new projects that are more unstable and high-risk.

Not PEPE or WIF, this altcoin shows potential for impressive ROI
Lunex Network is emerging as a promising altcoin with better utility and staking options than hype coins like PEPE and WIF. It offers investors a unique opportunity to profit with cross-chain capabilities and rich staking options
Pepe continues to soar
Pepe coin surged more than 40% this week, climbing from $0.0000080 to a weekly peak of $0.000013. This improves its monthly performance, with the price now up nearly 50% after falling below $0.0000056 earlier this month. With the rise, Pepe is approaching a five-month high of $0.000017, with a year-to-date price increase of about 1,280%
Dogwifhat rises to fourth-largest meme coin
Dogwifhat (WIF) is up 18% in the past month and 11.29% last week, now trading at $1.67, making it the fourth-largest meme coin. However, despite the recent gains, technical indicators still require caution, with a relative strength index (RSI) of 50 indicating selling momentum that may limit further gains in the short term. Although hype can cause prices to move quickly, investors should remain vigilant. As momentum develops, it may break through price barriers if the market trend is favorable, and investors should pay attention to market developments and technical signals
Lunex Network simplifies DEX trading for traders
Previously, the complex and unfriendly interfaces of DEXs made it difficult for many users to use. Lunex Network has changed this by providing fast, cheap, and anonymous services through a secure and friendly platform. Whether traders are splitting trades across platforms or managing assets, Lunex Network ensures smooth transactions with advanced AI and machine learning capabilities
Lunex Network’s most attractive feature is staking tokens, which can earn users up to 18% APY as staking rewards, which attracts users to hold LNEX tokens and participate in the platform. Lunex wallets can store cryptocurrencies and perform DeFi activities such as staking, lending, borrowing and trading
The platform’s community ownership plan reinvests new revenue to holders through open market buybacks. Half of the buyback is distributed as staking income (with industry-leading APY), and the remaining funds are used to reward users for platform participation
LNEX sold out the first phase of pre-sale tokens in 72 hours, and more than 25% of the second phase tokens were purchased within a few hours of launch. LNEX tokens are priced at 0.0013 USD, early investors will receive substantial profits

Dogecoin’s MACD Crossover Hints — Will DOGE Rise 180% Again?
Crypto market’s Dogecoin (DOGE) could be about to see a big price move. Traders have been strong on the weekly chart for four weeks in a row, and despite the recent market decline due to geopolitical tensions in the Middle East, there is still potential for recovery.
Historically, DOGE has risen 90% and 180% after a bullish moving average convergence divergence (MACD) crossover on the weekly chart. Currently, a new MACD bullish crossover seems to be forming, which could drive DOGE to another 180% surge, and buying momentum is increasing, which is a sign of an impending breakout.
Dogecoin also showed bullish signs after retesting a macro descending wedge pattern on the daily chart. If the upward trend continues, a rebound from the current support level may lead to further gains, otherwise it may face a reset and fall, which may also affect other altcoins.
DOGE Monthly Cycle and Potential Gains
From the historical pattern, DOGE has previously marked the beginning of a bull market when it flips key levels in the monthly cycle. There was one in 2017, which led to a 90% rebound; the same pattern in 2021 led to a 180% surge. The current long consolidation period and similar market dynamics have the potential to rebound by 180% again. This trend, combined with historical data, shows that price increases are very likely and may start a new bull market.
Network Growth and Market Dynamics
The Dogecoin network has grown significantly recently, with new addresses surging 72% in the past week, and more than 19,600 new addresses were created yesterday, indicating that people are becoming more interested, which means that traders and investors are preparing for potential price increases. However, external factors such as geopolitical tensions in the Middle East may still affect market dynamics and Dogecoin's ability to achieve its goals.
Forced Liquidation Levels and Price Changes
DOGE liquidated major short positions and reached the key target of $0.1032, resulting in the liquidation of $34.9 million in long positions. The next key liquidation area is critical to the subsequent price trend of Dogecoin, and traders need to pay close attention to determine whether Dogecoin can maintain its bullish momentum or face more volatility.
Dogecoin is poised for significant gains thanks to technical indicators, network growth, and historical patterns. If the market stabilizes, DOGE could achieve its 180% rally target, but traders should be cautious of the potential risks.

Cryptocurrency Prices Today (October 3, 2024): Bitcoin Remains at $61, XRP Is One of the Biggest Losers, Is This a Bear Market?
Market Overview
The global cryptocurrency market value fell to $2.14 trillion in the past day, a drop of -1.07%. Trading volume fell sharply by -20.21%, with 24-hour trading volume reaching $92.17 billion. The Fear and Greed Index fell to 36, indicating that investors' "fear" levels rose due to concerns about market instability.
Bitcoin Price Analysis: Will BTC Fall Again?
BTC prices continue to hover, with a slight drop of -0.49% in the past day, and are now trading at $61,247.84. 24-hour trading volume fell by -19.41%, and market sentiment is cautious. BTC is still below the key resistance level of $65. Investors are closely watching its next move, but there is no major breakthrough at present. If you want to know the future target price of BTC, you can see the relevant forecast.
Altcoin Update
Ethereum is not doing well, down -3.87% to $2,394.42. Solana (SOL) is also trending down, down -3.39% and priced at $142.04. Ripple’s XRP is down sharply -10.83% and is now priced at $0.5381. To find out what the long-term price target for ETH is, read the relevant forecast.
Biggest Gainers
Flare (FLR) surged +14.59% to $0.01686, the biggest gainer. Wormhole (WH) rose +8.32% to $0.3448. Aptos (APT) rose +6.85% and is currently priced at $8.26.
Biggest Losers
Beam (BEAM) plunged 15.98% to $0.01615. Eigenlayer (EGL) fell 13.03% to $3.49. Ethena (Ether) fell 11.67% and is now priced at $0.3168.
It remains to be seen whether bulls can regain control of the market amid investor hesitation.

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SUI price hits 151-month high after 6% rise in September
SUI price surged 151% in the past month and is now at multi-month highs, close to the all-time high of $2.18. Investors are optimistic that it will break out and continue to rise before the end of this week. The continued bullish momentum and increased market activity make SUI an excellent asset in the crypto space.
SUI has a lot of support
SUI bullish sentiment is recovering, as evidenced by the MACD indicator. MACD is an important tool for identifying momentum changes and shows positive signals. The rising green bars on the histogram indicate that bullish momentum is increasing and buyers are gradually taking control, which means that the current upward trend may continue and SUI price is expected to continue to rise in the coming trading days.
As bullish momentum increases, SUI is expected to break through the main resistance level of $2.18. If successful, it will create conditions for further price increases. Technical indicators reinforce SUI's momentum, with the RSI in the overbought zone of 80.0. Usually, RSI exceeding 70.0 triggers selling and corrections, but now there is no significant selling pressure despite the high RSI. This suggests that investors may hold positions and wait for SUI to break through the all-time high of $2.18 before taking profits. The situation of RSI indicates that the bullish momentum may continue, and investors are waiting for SUI to surpass the high before considering cashing out, which reflects their confidence in its growth potential.
SUI Price Prediction
SUI price has risen 24% in the past 8 hours to $1.90. The next resistance level is $2.18, which is 15% away from the current price. Judging from the current momentum, SUI is expected to achieve this goal in the short term, continuing the upward trend since September. The factors driving the rebound indicate that bullish sentiment may continue, and many investors may not cash out before SUI reaches a new high, which will push the price higher. However, if selling pressure increases before breaking through $2.18, the upward trend may be affected.
The SUI’s support at $1.70 is critical and prevents a sharp decline. If this support is lost, the bullish view may not hold and the SUI could drop to $1.45, delaying expected gains.

If this happens, the Shiba Inu price will rise by 44,000%
Shiba Inu prices were affected like the rest of the market, falling by as much as 10.5% to around $0.00001652. But the memecoin is still popular in the crypto community for its potential for huge gains. One top trader predicts that SHIB prices could rise by 44,000% if certain conditions are met.
If Shiba Inu prices surge by 44,000%
A crypto analyst and former member of the IBM blockchain team predicts that Shiba Inu may be about to enter a 44,000% bull run. The trader points out that SHIB's first price increase was also a 44,000% increase. This historical performance provides a precedent for what will happen after breaking out of the current long-term consolidation area.
According to the trader, the memecoin could lead the crypto market into the final stage of this bull run. A 44,000% increase from the current price would mean SHIB would rise to $0.00726.
Memecoins may lead the next cycle
Memecoins are attractive due to strong community support and virality. For example, Degen (Base) (DEGEN) and io.net (IO) have the potential to be listed on Coinbase, but their price reactions are different. DEGEN soared more than 24% in less than 100 hours, while IO's price fell 14.9%. The difference lies in the community. The combination of technical model and community enthusiasm makes Shiba Inu worthy of close attention.
Can SHIB reach $0.00726?
Shiba Inu currently has a market value of 9.7 billion. A 44,000% increase means a 440-fold expansion of the market value to $4.268 trillion. SHIB's market value is only 0.42% of the crypto market. To expand to more than $4 trillion, the total value of the crypto industry needs to grow to $1 trillion. At that time, Bitcoin's market value will reach $542 trillion and the price will soar to about $27 million.
While a $4 trillion market cap is unlikely, a 44,000% increase is possible if the SHIB burn rate increases. Because Shiba Inu has over 589 trillion tokens in circulation, it is easy for the market cap to become too large. If this number is significantly reduced, the Shiba Inu price prediction suggests that SHIB could easily surge 440 times without disrupting the global money market supply. However, according to the ShibBurn platform, the burn rate has dropped by 24% in the past 92 hours.

2,450,000 RLUSD in 24 hours, what's going on with Ripple?

Ripple Labs continues to strengthen the testing of the RLUSD stablecoin through daily minting activities. Although the exact motivation behind the test is unclear, data from the Ripple stablecoin tracker shows that 2,450,000 RLUSD have been minted since October.

Strengthening RLUSD minting

Ripple Labs is known for its advanced technology. There are many competitors in the stablecoin field. It has its own standards to follow and needs to be nearly perfect for its debut. The RLUSD tracker shows that the 2.45 million mintage is divided into four main parts. Among them, the largest scale minting is 1,350,000 RLUSD on the XRP Ledger; 500,000 RLUSD minted on the Ethereum blockchain to seek balance. The other two mintings were on XRPL and Ethereum, with the amount of 450,000 and 150,000 RLUSD respectively. The fact that Ripple Labs’ recent testing activities did not involve RLUSD destruction adds to the mystery surrounding its overall activities. The higher minting volume on XRP Ledger than Ethereum may be due to the nature of the two chains, with Ethereum currently hosting more stablecoins than XRPL, and minting may be Ripple’s way of ensuring the latter’s reliability.
Ripple’s grand plan?
Ripple’s immediate goals for RLUSD remain unknown, but the ultimate plan is to launch the stablecoin this year. The company said it is awaiting regulatory approval, which is key to fending off possible future lawsuits from the SEC. Many stablecoin issuers, such as Paxos and the parent company of TrueUSD, have been hit in the past, something Ripple Labs hopes to avoid. Meanwhile, with only days left until its deadline to appeal the SEC’s closed case, there is still disagreement over whether the regulator will appeal parts of the July 17, 2023 ruling.

Bitcoin ETFs break 8-day streak of inflows, outflows surge to $242 million
On October 1, Bitcoin ETFs saw $242.6 million in net outflows, a sharp reversal from last week's massive inflows. Fidelity's FBTC ETF had the largest outflows, $144.7 million; Ark's ARKB ETF saw $84.3 million in redemptions; Bitwise's BITB ETF saw $32.7 million in outflows; VanEck's HODL ETF lost $15.8 million; and Grayscale's GBTC ETF saw $5.9 million in outflows. BlackRock's IBIT ETF was the only major fund to see inflows, with $40.8 million.
Ethereum ETFs saw no significant activity on October 1. BlackRock's ETHA ETF saw small inflows of $11 million, and Grayscale's ETHE fund remained unchanged after outflows the day before. Other Ethereum ETFs (including Fidelity, Bitwise, 21Shares, VanEck, and Invesco) were quiet, with no reported inflows or outflows.
Bitcoin ETFs (especially Ark and Fidelity) have seen sharp outflows, suggesting a possible shift in sentiment after strong inflows in late September. Ethereum ETFs, on the other hand, have been relatively quiet and volatile, suggesting institutional investors are taking a wait-and-see approach.

Dogecoin price drops 18%, but whale activity suggests bullish outlook
Dogecoin has seen a sharp drop in price this week, falling more than 20% from Saturday’s peak of $0.1321 to Tuesday’s low of $0.1026. However, on-chain metrics and expert analysis suggest that the popular meme coin could have a bullish future.
Dogecoin price still bullish
On-chain analytics firm Santiment has analyzed Dogecoin activity in detail through X, indicating that large holders (whales) are actively participating in its network. Santiment said: “Dogecoin retraced -18% from the top on Saturday, but on-chain activity suggests that whales may not have exhausted their bullish momentum in Dogecoin. Despite taking profits before the price topped, their activity in the Dogecoin network remains very high.”
The company also highlighted a surge in Dogecoin network activity, with address activity hitting a 7-month high, whale transactions hitting a 4-month high, and retail transactions jumping due to the price drop. In the past three days, 63,689 Dogecoin addresses moved coins, the largest increase since April 2-4. Before the price of Dogecoin peaked on September 28, there were 1,203 whale transactions (>$100,000), the highest whale activity since May 26-28.
Crypto analyst Martinez supports the bullish sentiment of Dogecoin through technical analysis. He pointed out that Dogecoin may be close to a MACD bullish crossover on the weekly chart, which is a potential indicator of an upcoming price increase. "The last two times when Dogecoin had a MACD bullish crossover on the weekly chart, it rose 90% and 180% respectively. A new MACD bullish crossover may form soon." MACD consists of two lines. The MACD line is the difference between the 26-period and 12-period exponential moving averages (EMAs). The signal line is the 9-period EMA of the MACD line. Bullish crossovers (MACD line crossing the signal line) usually indicate that the market has turned from bearish to bullish and are buy signals.
Famous cryptocurrency analyst Luciano pointed out that Dogecoin broke out of the descending channel on the daily chart. “Dogecoin has been doing well recently and it looks like this will continue,” he advised his 2.2 million followers on X. “Dip is a buying opportunity in my opinion and Dogecoin will have a great performance in this cycle.

BONK’s Price Surge: A Sign of a Strong Rally Ahead?
Bonk [BONK] is up 8.73%, trading at $0.00002571 at press time, a significant gain. The rally stemmed from increased trading activity as investors wondered whether it would lead to bigger gains. With good technical indicators and growing market participation, it looks set to continue breaking out.
price action analysis
When looking at the BONK price chart, you need to pay attention to the Relative Strength Index (RSI) and Bollinger Bands (BB). The RSI spiked to 73.72, which is overbought. Although a short-term pullback is possible, the expansion of the Bollinger Bands means increased volatility, which could lead to significant price movements. If the coin remains above the middle of the Bollinger Bands, another strong rise is likely.
Volume surge: A sign of growing interest?
BONK trading volume increased by 48.18% to $221.91 million. This indicates growing interest from retail and institutional investors. Higher volume often correlates with stronger price momentum, further suggesting that the BONK bullish trend may continue. Moreover, increased transaction volume reflects increased buyer confidence, signaling continued upside potential.
Bonk Liquidation: Shorts Under Pressure
Short pressure was high, with $126.59K in short liquidations compared to only $30.88K in long liquidations during the same period. This imbalance creates buying pressure, with shorts rushing to cover their positions. An ongoing short squeeze could push BONK above key resistance levels, adding to the bullish momentum.
Open Interest: Market Conditions
Open interest increased 15.33% to $11.51 million. This indicates greater market participation, with more players taking positions. Open interest growth often accompanies price action, meaning this rally may not be a short-term surge.
Combining technical indicators, surging volume, and increasing open interest, BONK appears poised for continued growth. Strong price action coupled with increased liquidations and market participation suggests there is room for a rebound. While the overbought RSI warrants caution on minor corrections, the overall momentum supports continued gains. Barring drastic market changes, BONK is likely to keep rising in the coming days.

XRP will hit $589 no matter how much you deny it
Amonyx, a well-known analyst in the crypto community, has attracted attention for saying that XRP can hit a price target of $589.
In an article on X on Monday, Amonyx asserted that no matter what the critics think, XRP's surge to triple digits is bound to happen.
Why XRP is "bound" to hit $589
The attached XRP market chart has towering candles that show a rally to $589, but the analyst does not mention other factors that affect this prediction besides technical analysis.
The chart shows two instances of symmetrical triangles in XRP's historical chart. The first formation allowed XRP to break out to a new all-time high, and XRP accumulated more than 75,000% growth from the first quarter of 2017 to the first quarter of 2018 due to this breakout.
After the huge price surge, XRP fell back in the past seven years. Now XRP is at the breaking point of the triangle, having broken out of the triangle and soaring to $0.66 over the weekend.
Before the breakout, many analysts speculated how high XRP could rise after the breakout, and Amonyx was the most radical, believing that there would be a similar or even higher increase. This is the basis for his prediction that XRP would reach $589. From the current $0.62, a 75,000% increase is $460, and he expects it to rise even higher this time.
Some people with the same view believe that if it could rise 750 times seven years ago, it would rise even more now due to the expanded practicality of the XRP network.
$589 is unlikely to be a bull market
This view is controversial, and many people think it is wishful thinking. Someone responded to Amonyx humorously saying "You smoke a lot of cigarettes", implying that it is a fantasy rather than a reasonable prediction.
You know, a price of $589 would make XRP's market value reach $58.89 trillion, a huge number that many people disdain. There are also people who agree with the prospect of $589 who also say that this bull market may not be realized.

If Dogecoin holds this level, it could surge another 30%, however, Lunex Network will reach 18x by 2025
It’s that time again, and crypto analysts predict that if Dogecoin holds key support levels, it could rise 30% given the current positive trend. But new rival Lunex is expected to surpass DOGE and disrupt the DeFi space
Dogecoin’s resilience: the possibility of climbing to new heights
Currently priced at $0.1189, Dogecoin has been full of energy in recent weeks. Market analysts believe it could rise sharply again, thanks to its active community and strong social media influence, Dogecoin continues to exceed expectations and maintain support. Many investors are closely watching, and its price could rise another 30%
Dogecoin’s recent success is due to its enthusiastic community and recommendations from influencers. It has been up and down in the past year, but it has rebounded strongly after each drop. However, the development of Dogecoin relies heavily on social media trends and market sentiment, lacking practical uses and technological innovation
Why Lunex can solve the liquidity problem of traditional DEX
Lunex proposes a hybrid DEX model that combines on-chain and off-chain components to provide fast, secure, and slippage-free transactions, combining the speed and liquidity of centralized platforms with the security and openness of decentralized protocols
Lunex collects liquidity from multiple sources, which is different from traditional DEXs that rely on decentralized liquidity pools, allowing traders to enter the deep market and reduce price impact. Its DeFi protocol has multi-chain trading capabilities, and more than 50,000 trading pairs distributed on multiple blockchains can be accessed from the platform. In addition, user-centric strategies simplify the trading process, without the need for complex wallet connections, and traders can obtain liquidity in real time while retaining asset and private key ownership
Lunex ($LNEX): An opportunity for an ROI of more than 18 times after launch
Lunex is an exciting investment opportunity in the crypto market. It is currently in the second phase of pre-sale, and early investors can participate with $0.0013. With a strong foundation, it is expected to grow 18 times after launch, providing huge upside potential for current investors, and is the best cryptocurrency to invest in now. Lunex attracts investors because of its prominent use cases and solutions to DeFi trading problems. It distinguishes itself from Dogecoin by solving liquidity and slippage problems, providing a more stable and lasting investment possibility, and is expected to achieve exponential growth, creating profits and increasing account value for investors.