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Cryptocurrency News Articles
Dogecoin (DOGE) Sees 72% Surge in Network Activity, Lunex Network (LNEX) Projected to Hit New ATH Next Week
Oct 05, 2024 at 05:56 pm
Dogecoin's network has been experiencing significant activity as there's been a 72% surge in new addresses over the last seven days. Lunex Network's (LNEX) new exchange-based token has become an overnight sensation in the crypto world after raising nearly $550,000 in record time.
Cryptocurrency prices have been experiencing a roller coaster ride in recent times. While some coins, such as Dogecoin and Avalanche, have shown promising price action, others have struggled to maintain their value amidst Bitcoin’s downfall and the broader market downturn. However, one new exchange-based token is making waves in the crypto world with its lightning-fast sales and promising projections.
Dogecoin (DOGE) Sees 72% Surge in Network Activity
Dogecoin’s network has been experiencing significant activity as there’s been a 72% surge in new addresses over the last seven days. Although Dogecoin’s price declined by 14.39% during the same time period, analysts believe the Dogecoin price current uptick will continue in Q4 due to the extremely bullish sentiment.
Dogecoin price is currently $0.1099 after a 5.46% intra-day increase. Despite trading below its key Simple Moving Averages on the DOGE/USDT daily chart, Dogecoin is picking up bullish momentum on its 4-hour and 2-hour charts. Since Dogecoin’s MACD has formed a bullish crossover with the signal line, Dogecoin’s price could surge to the $0.148 resistance in the upcoming weeks.
Avalanche (AVAX) Flashes Mixed Signals Despite Breaching Critical Resistance
Avalanche had been on a downward trend for the past few months, but it’s finally showing significant price action after breaching the critical $20 resistance. Although Avalanche’s price declined by 14.51% over the last seven days amidst Bitcoin’s downfall, Avalanche investors are still 85% bullish on the token.
Avalanche is currently trading for $25.85 after a 7.87% intra-day increase. Despite this uptick, Avalanche’s volume has still decreased by 19.20% over the last 24 hours. If buying pressure picks up, Avalanche could breach its critical 200-day SMA at $31.71 which will trigger a bigger bullish breakout for Avalanche amidst Q4’s bull market.
Lunex Network (LNEX) Projected to Hit New ATH Next Week
Lunex Network’s (LNEX) new exchange-based token has become an overnight sensation in the crypto world after raising nearly $550,000 in record time. As Lunex Network races towards the big $1M milestone, analysts believe this new DeFi exchange could surpass both Binance and Uniswap in 2025. If that happens, Lunex Network could become part of the crypto Top 10 sooner than expected.
The reason why analysts have turned bullish on Lunex Network amidst Q4’s bull market is the platform’s unique cross-chain functionalities. By bridging the gap between isolated blockchain networks and bringing them together on one non-custodial exchange, Lunex Network is ready to overthrow the entire DEXs and CEXs market that generates a whopping $275 trillion every 24 hours.
On Lunex Network, traders can sign up by using a valid email address and bypass all cumbersome KYC checks. Since Lunex Network offers more than 50,000 compatible crypto pairs, traders can easily select any pair to swap and enter their wallet address to receive their new tokens within the next few minutes. Lunex Network also uses smart contracts on its ecosystem to source liquidity from various networks and splits the trade to offer the lowest possible transaction fees on every trade.
Aside from simplifying the entire crypto trading experience, Lunex Network is also attracting a huge influx of institutional investors and Web3 developers due to its innovative technology. By offering exclusive merchant payment gateways that allow businesses to accept cryptos as a form of payment and 65+ RPC nodes to aid dApp development, Lunex Network is quickly establishing itself as a powerhouse in the DeFi space.
Given the huge demand for Lunex Network, it is no surprise that analysts are already projecting a new all-time high for the token before the end of next week. Lunex Network is currently selling tokens for a low price of only $0.0013 each, making now the ideal time to invest before the projected 1800% surge by the end of the presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bitgert (BRISE) Makes Its Presence Felt, Rivals Bitcoin and Dogecoin
- Oct 05, 2024 at 11:10 pm
- Despite the fame accumulated by Bitcoin and Dogecoin, a new token, Bitgert, makes its presence felt. Being an underdog crypto, Bitgert has the potential to become a front-runner in the market due to its ever-growing ecosystem and state-of-the-art technology.
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- Oct 05, 2024 at 10:50 pm
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- Oct 05, 2024 at 10:45 pm
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- BlockDAG Presale Soars, $3M in 24Hrs with Just 9 Days Left for 50% Bonus; Are AAVE and Ethereum Whales Jumping?
- Oct 05, 2024 at 10:35 pm
- In recent market trends, AAVE traders are being cautious amid a noticeable downturn. The AAVE value dropped by 11.27% yesterday. This trend prompts a vigilant approach as further declines loom.
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- Bitcoin Core 28.0 Released: New Update Enhances Security and Privacy While Supporting Reproducible Builds
- Oct 05, 2024 at 10:25 pm
- The Bitcoin (BTC) development team has announced the launch of the Bitcoin Core 28.0 version as part of its extensive plans of subjecting the BTC mainnet to performance improvement and fixing major bugs to maintain decentralization.