Dogecoin and ImmutableX Soar – Analysts Predict 30% Price Increase in Next Quarter
• The article discusses the potential for a bullish run with two cryptocurrencies, ImmutableX (IMX) and Dogecoin (DOGE).
• Uwerx is launching a crypto project and raising millions in presale, predicting a 30% price pump in the next quarter.
• Dogecoin’s popularity has increased due to its meme-inspired branding and Elon Musk’s public backing of the cryptocurrency.
ImmutableX (IMX): Delivering Scalability To Ethereum
ImmutableX (IMX) is a Layer 2 solution built on Ethereum (ETH). It offers scalable and instantaneous transactions while maintaining the security and decentralization of the Ethereum (ETH) network. The cryptocurrency has attracted notable investors such as Naspers, Galaxy Digital, and BITKRAFT Ventures, who participated in recent funding rounds. IMX raised $60 million in its latest funding round. Analysts predict it could see a 30% rise in value within the next quarter due to its focus on scalability and sustainability.
Dogecoin (DOGE): The “King” of Meme Coins
Dogecoin (DOGE) was launched in 2013 and gained rapid popularity due to its meme-inspired branding. The CEO of Tesla, Elon Musk, openly backed DOGE resulting in an increase of interest in the currency from retail investors. Its market capitalization has risen significantly since January 2023 when it was worth $0.5 per coin to $0.71 per coin by May 2023 – an impressive 40% increase!
Uwerx: Raising Millions In Presale
Uwerx is soon launching their crypto project which is currently raising millions in presale funds. Experts predict that this will cause a significant price pump of up to 30% over the course of the next quarter – making this an exciting opportunity for investors looking for short-term gains!
The Bullish Nature Of Cryptos
Since cryptos have emerged into mainstream investing there has been an increasing demand for valuable digital coins – both IMX and DOGE are currently generating a lot of buzz due their potential for bullish runs thanks to upcoming projects like Uwerx raising millions through presales!
It appears that both ImmutableX (IMX) and Dogecoin (DOGE) have promising futures ahead; their focus on scalability, sustainability, popularity amongst retail investors coupled with projects such as Uwerx raising millions through presales suggest that there could be some major price pumps over the course of the next quarter!