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Cryptocurrency News Articles

Lunex Network Catapults After New DEX Features Hit Markets

Dec 23, 2024 at 07:00 pm

As the year draws to a close, traders are closely watching a new DeFi token that is being compared to early runs of XRP and DOGE.

Lunex Network Catapults After New DEX Features Hit Markets

As the year nears its end, traders are keeping a close eye on a new DeFi token that is being compared to early runs of XRP and DOGE. Having raised over $5.4 million in presale, Lunex Network (LNEX) appears as a favorable option to capitalize on bullish sentiment.

Meanwhile, XRP news and Dogecoin price updates continue to dominate discussions, setting the stage for an exciting finish to the year. But is Lunex Network the next big opportunity? Find the details below!

Lunex Network Catapults After New DEX Features Hit Markets

Lunex Network is changing the face of DeFi, its state of the art crypto exchange enables fluent trading of over 50,000 multi-chain currency pairs. Its non-custodial model ensures full control by users of their assets, providing peace of mind in a space often fraught with risks.

According to market experts, this move spurs mass adoption of DeFi by bridging the gap between traditional and digital currency. As a result, XRP and DOGE investors are pooling into Lunex Network. Among its key components is a non-custodial wallet supporting over 40 blockchains and an advanced portfolio tracker featuring real-time market data and performance analytics.

Security is paramount on Lunex Network. Smart contracts and advanced encryption technologies protect user assets while facilitating efficient and seamless transactions. By integrating diverse features into one platform, Lunex Network offers an all-encompassing solution for traders seeking a secure and effective way to manage their crypto assets.

Could XRP Reach $3 Before January 2025?

In recent XRP news, the Layer-1 coin continues its uptick as it sits above $2 apiece. This is supported by the open interest in crypto from the US government and a near end to the XRP-SEC battle. On December 6, President-elect Donald Trump announced the appointment of David Sacks as the “White House AI and Crypto Czar” for his administration.

Following a 36.4% increase, XRP has once again ascended to the #3 based on market cap. With 18 green days in the last 30 days, XRP currently trades 221.5% above its 200-day SMA. Due to high volatility, XRP is forecasted to drop below $2 by year-end. However, sentiments are still positive, with 87% of the XRP community voting bullish.

DOGE Aims For $0.5 Benchmark Ahead of 2025

DOGE is not left out of the race as dogecoin price increased by 8% recently, marking a steady climb to the critical $0.5 mark. Currently trading around $0.40, DOGE has shown resilience in a volatile market, supported by retail interest and favorable trading volume spikes. Over the past month, DOGE has recorded 20 green days, signaling sustained bullish sentiment.

Since the post-election surge, DOGE has remained above its moving averages. However, key resistance at $0.55 could test the rally before any attempt to breach its psychological milestone. With positive MACD trends and renewed whale activity boosting inflows, DOGE remains a favorite for a potential breakout.

Conclusion

While most are drawn to the profit potential of a new project, market experts recognize Lunex’s slippage-free trading and multi-chain support could influence billions in market cap. Currently, LNEX tokens are priced at $0.0048 each; however, investors project that the LNEX token could increase over 1000% by Q1 2025!

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

News source:en.cryptonomist.ch

Disclaimer:info@kdj.com

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