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Cryptocurrency News Articles

Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential

Nov 17, 2024 at 03:05 am

Throughout the bull run, different crypto's will surge at different times. Dogecoin and Cardano are already soaring before Bitcoin surpasses the $100,000 milestone

Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential

As we progress through the bull run, different cryptocurrencies will experience surges at varying times. Dogecoin and Cardano are already enjoying impressive gains ahead of Bitcoin's anticipated rally past the $100,000 milestone. These surges reflect the bullish sentiment currently driving demand for layer-1 tokens and meme coins.

One sector that has yet to rally significantly is DEX tokens. However, many analysts are advising investors to anticipate upcoming trends and acquire promising new DEX-swapping gems like Lunex Network. With massive gains anticipated for LNEX prior to the bull run's peak, here's why analysts are optimistic about the token.

Will Dogecoin's Surprising Surge Herald a “Meme-Supercycle”?

Dogecoin's remarkable 200% surge has propelled it into the top 5 cryptocurrencies, cementing its place in cryptocurrency history as a meme coin.

Interest from new money investors in established memes has been a major bullish catalyst for Dogecoin, contributing to its sustained surge on the daily and weekly charts.

Trump's recent announcement of the "Department of Government Efficiency," a clear nod to Dogecoin (acronym: DOGE), has further fueled the coin's parabolic growth. Some experts believe Dogecoin's surge signals a potential meme super-cycle in 2024-2025, aligning with sentiments expressed by influencers like "Murad" on X. While it's too early to say for sure, memes have undoubtedly been the standout sector this cycle.

Cardano's Big Moves Pay Off as BTC Surges Past $90,000

Exceeding expectations ahead of the bull run, Cardano is experiencing strong bullish momentum with a massive 60% surge over a 30-day period.

Chang Fork and Cardano's integration with Bitcoin via the BitcoinOs bridge are among the recent updates contributing to ADA's impressive surge. Additionally, Charles Hoskins' dedication to the Cardano ecosystem is paying off, with rumors circulating that he could become Trump's primary cryptocurrency adviser.

To the dismay of long-standing Cardano skeptics, many analysts predict that the coin could generate 10-20x gains at the peak of the bull run.

Smart Money Investors Rush to Acquire Lunex Network Ahead of the Next Big Pump

During Q4, Lunex Network has gained significant traction as a trailblazing DEX platform with a vast database. Notably, LNEX offers an impressive cross-chain trading experience, supporting over 50,000 blockchain networks.

By leveraging advanced smart contract technology, Lunex Network facilitates near-instant cross-chain trades. Users simply select the token they wish to swap, enter the recipient's wallet address, and the transaction is swiftly completed.

Prioritizing user privacy, Lunex Network eliminates KYC requirements, enabling users to trade without disclosing personal details or presenting identification documents. This enhances the platform's appeal to privacy-conscious users and simplifies the process for newcomers. Furthermore, users can complete trades without needing third-party wallets like MetaMask, adding to the platform's convenience for quick trades.

The platform's revenue-sharing model allocates a portion of profits to LNEX token buybacks, with half of the tokens distributed to holders and the other half dedicated to staking rewards, offering an 18% APY. This contributes to the token's price stability, while the deflationary tokenomics and periodic burns create scarcity, driving up LNEX's value over time.

With its strong fundamentals and exceptional growth potential, Lunex Network has experienced rapid presale growth. Priced at $0.0021, LNEX is poised for a 1000% surge by January.

For more information, visit the official Lunex Network website and join the online community to stay up-to-date on the latest developments.

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