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Cryptocurrency News Articles
Lunex Network (LNEX) Attracts Massive Investments Before Upcoming Price Surge
Nov 24, 2024 at 08:45 pm
Lunex Network is experiencing an explosive rally as savvy traders turn towards this low-cap crypto presale.
Cryptocurrency prices are on a roll this morning. XRP is up 30% following a recent bull run, while Dogecoin continues to rally and edges closer to the $1 milestone. Meanwhile, Lunex Network is attracting massive investments ahead of an upcoming price surge.
XRP Experiences Record-Breaking Intraday Gains
XRP's price has been relatively stagnant throughout 2022, making its recent bullish behavior all the more surprising to cryptocurrency enthusiasts and analysts alike. After a brief surge during the recent post-election rally, XRP's price has continued to climb, setting new record highs.
According to some analysts, XRP's recent rally could be attributed to its strong fundamentals and the upcoming launch of Lunex Network, a noncustodial DeFi exchange that will integrate XRP and other major cryptocurrencies. With Lunex Network set to launch and begin offering new opportunities for traders, XRP is expected to continue its uptrend in the coming weeks.
After rallying by a whopping 180.01% over the last 30 days, XRP is currently preparing to hit a new peak price point before the end of Q4. XRP is currently trading for $1.46 after a massive intraday surge of 31.92%. During the same period, XRP's trading volume has skyrocketed by 217.03%.
With significant buying activity pushing XRP's price up the charts, analysts are predicting that XRP's price will continue its uptrend for the next few weeks. If these bullish predictions stand true, XRP could target its upper resistance level at $2.35 in December.
Dogecoin Rally Continues After Trump Announces DOGE
After enduring a prolonged bear market throughout 2022, Dogecoin has finally begun to show signs of life following Trump's recent announcement regarding a new Department of Government Efficiency, which will be tasked with handling cryptocurrency adoption in the US.
With the announcement and the recent meme coin rally, Dogecoin's price has rallied by a massive 183.14% over the last 30 days. During the same period, Dogecoin's daily active addresses increased by 370,000 as more traders purchased Dogecoin in hopes for bigger gains in the future.
Since Dogecoin hasn't entered a consolidation phase yet, analysts are positive about Dogecoin's ongoing uptrend to continue until the end of Q4. Dogecoin is currently trading for $0.3954 after an intraday surge of 2.23%. Dogecoin's volume has also increased by 18% over the last 24 hours, reflecting the high network activity.
If Dogecoin's buying pressure continues to increase, analysts believe Dogecoin could hit the $1 milestone by the end of this year. However, if Dogecoin faces a correction, the token's price could crash to the $0.2 support.
Lunex Network (LNEX) Attracts Massive Investments Before Upcoming Price Surge
As cryptocurrency prices continue to soar, Lunex Network is emerging as one of the hottest presales in the DeFi space. Savvy traders are piling into this low-cap crypto presale, and for good reason.
Lunex Network is launching a noncustodial DeFi exchange that will effectively bridge the gap between isolated blockchains. This platform will integrate major DEXs, CEXs, and even NFT marketplaces, creating a single gateway for all things crypto. With the launch of Lunex Network and its vast applications, analysts believe the platform's native LNEX token will record up to 1,800% gains before the end of its presale.
If Lunex Network can continue its upward momentum in 2025, this new DeFi exchange could dominate the entire DEXs and CEXs market, which already generates up to $275 trillion every 24 hours.
Lunex Network is fully backed on Ethereum's immutable blockchain, offering top-tier security to every trader. Every trade processed through Lunex Network is executed via smart contracts and the latest Web3 technology. With these features, Lunex Network offers seamless cross-chain trading while giving traders the opportunity to retain full control over their assets.
One of the main reasons why Lunex Network is making waves in the DeFi space is the platform's native LNEX utility token. Aside from using LNEX to process trades on the platform, traders can also add LNEX to their staking pools and earn a consistent passive income.
With Lunex Network's revenue-sharing model, traders can receive staking rewards with up to 18% APYs in as little as 30 days. To make things even better, Lunex Network permits traders to add more tokens to the staking portfolio without losing their initial APYs!
Given these attractive trading features and the opportunity to earn massive gains, it is no surprise that Lunex Network's price has already rallied by 158%
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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