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With the recent US Presidential election ending with Donald Trump‘s win, the crypto space is heating up, with many tokens skyrocketing on the price charts. Meme coins like Dogwifhat WIF $3.33 24h volatility: 7.0% Market cap: $3.33 B Vol. 24h: $1.39 B and Bonk BONK $0.000042 24h volatility: 1.3% Market cap: $3.18 B Vol. 24h: $932.12 M are now standouts. Some analysts, like Lucky and Clifton FX, have made bullish price predictions for them.
The Price of Dogwifhat (WIF) May Reach $4
Dogwifhat (WIF) is one of the meme coin titans that has faced some volatility recently. CoinMarketCap shows that the Dogwifhat price fell nearly 10% in the past week alone. However, the daily chart is more bullish after the US election, with a 10% jump.
Currently, the Dogwifhat crypto is trading between $2.58 and $2.38. Crypto analyst Lucky remains bullish for this meme coin. According to his X post, Dogwifhat (WIF) will lead the charge among Solana meme tokens regarding hype. He predicts a potential surge to $4 soon.
The technicals for the Dogwifhat coin support this statement. Currently, this meme coin trades above its 50-day EMA ($2.27) and its 100-day EMA ($2.17) as per TradingView. Plus, its momentum indicator shows a -0.12 value, which is in the buy zone. In other words, this bullish trend may continue.
Thanks to all these factors, this Dogwifhat price prediction may come true – making this token one of the potential market leaders soon.
The Bonk (BONK) Price Looks Ready for a Breakout
Meanwhile, Bonk (BONK) is seeing some price growth. According to CoinMarketCap, in the past week alone, the price of Bonk surged over 1%. This meme coin traded between $0.0000216 and $0.0000218 in that period.
This surge could be attributed to Bonk’s recent Gemini listing. Thanks to these developments, more people will be able to acquire this meme coin.
In other events, crypto analyst Clifton FX made a bullish Bonk price prediction. According to his X post, the Bonk crypto looks ready for a potential breakout. He predicts a potential surge to $0.000063 for this meme coin soon.
This prediction may seem more plausible when looking at the Bonk coin’s technical analysis. This meme coin is trading above its 30-day EMA ($0.00002077) and its 50-day EMA ($0.00002076) as per TradingView, which could make Bonk one of the meme coins to watch this quarter.
Meme Coin Market Momentum Post-Election
With the conclusion of the US presidential election, the market seems to have entered a rather fascinating phase. Past events show that political events always sway market sentiment, and for the time being, this seems to be the case as well. Meme coins like Dogwifhat (WIF) and Bonk (BONK), which are higher-risk, higher-return tokens, are benefiting from the hype.
A Quick Look at Lunex Network (LNEX)
But, interestingly, Lunex Network (LNEX), which is not a meme coin, is also catching attention. It aims to redefine the DeFi market, which Statista predicts may be worth $376M by 2025. To accomplish this, it will launch a non-custodial crypto exchange where people can trade tokens across different blockchains in total privacy. Currently, one LNEX token costs just $0.0019 but its expected launch price is $0.0216, a potential 1,036% return for those who buy it now.
Discover the exciting opportunities of the Lunex Network (LNEX) presale today. More info is available on the website and social media accounts.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.