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Cryptocurrency News Articles
DOGE Thrives in 2024, XLM Gains Momentum as Lunex Network Emerges with Promises of Scalability and Innovation
Nov 25, 2024 at 01:56 am
Dogecoin (DOGE) continues to thrive in 2024, fueled by its passionate community and enduring appeal as a fun, accessible cryptocurrency.
Dogecoin (DOGE) is continuing its strong performance in 2024, largely due to its dedicated community and enduring appeal as a fun, accessible cryptocurrency. Meanwhile, Stellar (XLM) is gaining ground in its mission to revolutionize cross-border payments and financial inclusion. As these established players bask in their well-deserved success, Lunex Network (LNEX) is making waves with its advanced scalability and interoperability, promising to redefine innovation in the blockchain space.
While Dogecoin and Stellar are solidifying their roles and Lunex Network is forging its path, all three are poised for substantial gains as 2024 draws to a close. So, what are the key aspects that are garnering so much attention for Lunex Network?
Dogecoin rolls out Core 1.14.8 updates
new technological updates for its network to enhance security and efficiency. Coming in hot, Dogecoin Core 1.14.8 now makes the Dogecoin Core client fully reproducible and improves security for users. In a similar vein, Dogecoin Core 1.14.7 also brought a few bug fixes and some crucial security fixes to the network.
These developments come amidst great market excitement, with Dogecoin surging 88% in a week. There is a palpable optimism among Dogecoin holders regarding the potential regulatory easing that might come to fruition with the upcoming change in the US administration.
Stellar introduces Core Advancement Proposals
New technology and strong market performance have been grabbing headlines for Stellar of late. In a refreshing update, a proposal from late 2023, when the network applied its Protocol 20 upgrade, is being refined further, adding 12 new Core Advancement Proposals (CAPs) for smart contract capabilities and network efficiency.
Now polished off and ready to go, these CAPs, along with the recent integration of Stellar’s blockchain by Franklin Templeton, have seen a mind-blowing 99% reduction in transaction costs for Stellar users. This move underscores Stellar’s increasing significance in bridging traditional finance and blockchain technology.
These changes have propelled Stellar's value to greater heights. Just a week ago, the cryptocurrency surged about 95%, a strong indication of rising investor confidence and increased trading activity.
Lunex network enables trades on over 50,000 assets
Developers and traders alike are taking notice of Lunex Network as it combines cross-chain interoperability, privacy-focused features and an industry-leading profit-sharing model. Built around advanced smart contract technology, Lunex Network executes trades in real time on over more than 50,000 assets.
For traders seeking flexibility, Lunex Network’s ultra-low gas fees are a game-changer. In a market where rapid decisions can be critical, these minimal fees allow users to stay agile without the burden of high transaction costs, ensuring a smooth and cost-effective trading experience.
At the crux of the platform is the LNEX token, designed to not only grow in value but also provide tangible benefits. Its revenue-sharing feature distributes 18% of platform profits directly to token holders, creating an additional income stream that goes beyond traditional token appreciation. This model encourages long-term investment while rewarding users for supporting the network’s growth.
The ongoing Lunex Network presale is creating a lot of buzz, with tokens currently being purchased for an extremely low price of $0.0031. Some analysts are already projecting a record growth of 1,800% pre-launch. For those looking to invest in a forward-thinking project with great market potential, Lunex Network presents a chance to own a piece of a promising protocol.
For more information, visit the Lunex Network official website and join the online community for the latest updates.
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