As the crypto market grows more bullish by the hour, crypto price predictions for meme coins are skyrocketing, with onlookers anticipating gains as high as 100x. For meme coins such as dogwifhat whose wif price has surged over 4,500% in a span of months, achieving upticks as high as 30x is commonplace.
Apart from Meme coins the deFi sector is also kicking back into gear, with projects such as Injective (INJ) realizing upticks as high as 22% over the last month. Capital inflow to Injective is also on the rise. Could crypto price predictions of gains as high as 100x materialize this bull run?
Injective’s INJ surges 22% amid increased capital inflow
Injective’s current price is a sharp 53% dip from its $52.62 ATH. Over the last year, INJ’s price has gained a paltry 40% amid a wave of volatile price swings around the $20 region. Compared to most meme coins, INJ’s performance could be better.
However, in the last 30 days, the interoperable layer-1 blockchain tech has gained 21%, adding to a bi-weekly uptick of 23%. It seems a bullish sentiment is gaining momentum around Inejctive’s INJ token. Plus, the AUSD stablecoin is coming to Injective’s ecosystem in a move that could boost the network’s liquidity. Crypto price predictions for INJ are now set at $50 as the next target.
WIF price on track to surge higher as meme coins rally
The meme coin hype cycle is far from over, with WIF price now breaching the $3 resistance region. Since July this year, WIF price has struggled to recover from its 38% drop from its ATH. At a market cap of over $2.9 billion, WIF price has surged over 192x from its all-time low of $0.0015 nearly one year ago.
With support established at $2.50, WIF is primed for another bull run past its previous ATH. While the WIF price has only surged 5% in the last 30 days, WIF’s bullish outlook is building momentum, as seen by the WIF price 11.2% surge in the last two weeks.
Lunex’s DeFi network solves for liquidity among DEXs
With every crypto price prediction pointing bullish, liquidity is bound to come to DeFi through platforms such as Lunex Network. Lunex is a DeFi ecosystem capable of sourcing deep liquidity across multiple chains. Compared to most DEXs plagued by high slippage and sluggish transactions, Lunex is built for speed.
The entire platform is non-custodial, therefore allowing DeFi traders to navigate it with ease. Simply put, your funds are stored on your device and every trade is conducted directly from your wallet. You can engage in all DeFi activities including staking and lending while on Lunex’s DEX.
Thanks to sufficient liquidity sourced from multiple chains, there is zero slippage, and transaction fees are negligible. While Lunex is still in its presale stage, LNEX holders can still earn passively by staking LNEX. The platform also comes with a portfolio tracker that enables you to make data-driven decisions with every trade.
Conclusion
WIF price is setting the stage for a new all-time high but could still dip in the short term, given the strong resistance at the $2.70 mark. Injective’s INJ is also on the rise as DeFi adoption grows. Can LNEX take its position among leading DeFi platforms?
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
