• ImmutableX (IMX) and Dogecoin (DOGE) are two popular cryptos that have recently made headlines for their potential for a bullish run.
• Uwerx, an upcoming crypto project, is raising millions in presale. Analysts predict a 30% price increase in the next quarter.
• Dogecoin (DOGE) has consistently remained in the top 10 cryptocurrencies by market capitalization due to its fun-loving nature and Elon Musk’s backing of the digital coin.
ImmutableX and Dogecoin Poised For Bullish Run
The demand for valuable digital coins has been growing since the emergence of cryptos. Among them, ImmutableX (IMX) and Dogecoin (DOGE) have recently generated a lot of buzz due to their potential for a bullish run. Meanwhile, the soon-to-launch crypto project, Uwerx, is raising millions in presale as analysts predict a 30% price increase in the next quarter.
What is ImmutableX?
ImmutableX (IMX) is a Layer 2 solution built on Ethereum (ETH). It offers scalable and instantaneous transactions while retaining the security and decentralization of the Ethereum network. ZK-rollups technology is used by IMX to aggregate multiple transactions into one transaction to reduce gas costs on Ethereum’s network. This cryptocurrency has attracted investors such as Naspers, Galaxy Digital and BITKRAFT Ventures who participated in its recent funding rounds with $60 million raised so far. With its focus on scalability and sustainability, it could attract institutional investors looking for stable investments in crypto markets resulting in an estimated 30% price surge within this quarter.
Dogecoin: “King” of Meme Coins
Dogecoin (DOGE), launched back in 2013, quickly gained traction among users for its meme-inspired branding thus earning itself cult following within crypto sector. Its fun loving nature was also endeared by several crypto enthusiasts which resulted it staying among top 10 cryptocurrencies by market capitalization despite being around 8 years old now even with influx of numbers new projects entering market each day. The CEO of Tesla Motors Elon Musk has openly backed this currency further cementing its position as king amongst meme coins leading to significant value increment from $0.5 to $0.71 between January to May 2023 alone which can be attributed to retail investor’s interest towards cryptos increasing significantly over past few months .
Uwerx Presale Raises Millions
Uwerx is an upcoming crypto project that recently made headlines as it raised millions during its pre sale period attracting attention from both institutional and retail investors alike who are confident about this projects success leading them investing heavily into this project thus driving up demand consequently pushing up prices leading analysts predicting 30% surge within this quarter ahead .
Conclusion
Both Immutble X(IMX) & Doge Coin(DOGE) have been doing exceptionally well lately owing both immense popularity amongst users as well as investor confidence regarding these assets future prospects with Uwerx presale raising millions further strengthening their positions , experts predict that both assets will experience 30 % price surge within current quarter .