Within a few weeks of its launch, Lunex Network has managed to raise over $2.21 million and analysts are predicting up to 1800% returns by the end of its presale stages.
As the dust settles following Donald Trump's victory in the US presidential election, the cryptocurrency market has seen some interesting shifts. While Dogecoin and Solana have seen some notable gains, savvy traders are turning their attention to a new opportunity emerging from the world of Web3 and decentralized finance (DeFi).
Dogecoin's爆発的な上昇 as a result of Trump's victory is undeniable, with a massive 246.84% gain in the last 30 days. With Trump officially announcing a new Department of Government Efficiency (DOGE), analysts are expecting Dogecoin's price to rally even further in the next few weeks.
Currently, Dogecoin is trading at $0.4054 after an intraday increase of 2.17%. Although Dogecoin's volume has dropped by 23.73% over the last 24 hours, analysts believe the token is still experiencing high levels of network activity. Since Dogecoin's MACD Level is still flashing bullish signals, the price could rise towards the $0.5430 resistance in the next few days.
Solana (SOL) has also seen some good news recently, with a relisting on Robinhood that is expected to drive optimism across the crypto market. Previously, Solana and other cryptocurrencies were delisted by Robinhood in 2023 to comply with regulatory sanctions imposed by the US SEC. However, now that Solana is back on the platform, analysts believe the current uptick in momentum will continue into 2025.
Currently, Solana is trading at $215.45 after a small intraday movement of 0.02%. Solana's trading volume has increased by 20.04% over the last 24 hours, with the decentralized exchange volume also hitting a new peak. If Solana's buying activity continues to rise for the next few days, analysts believe Solana could breach the critical resistance level at $262.01 soon.
In other news, a new Web3 and DeFi platform called Lunex Network is making waves during Q4's bull run because of its promising potential for gains. Within a few weeks of its presale launch, Lunex Network's noncustodial exchange has already raised over $2.21 million as investors are flocking to get their hands on the native LNEX token during the presale. If this rally continues until the end of Q4, Lunex Network's price is expected to飆昇 by more than 1800% by the end of its presale stages.
The reason why analysts are rushing to Lunex Network's presale is the platform's cross-chain trading capabilities. Unlike other decentralized and centralized exchanges that offer subpar security measures, Lunex Network encrypts every transaction on Ethereum's immutable blockchain. To enhance security even further, Lunex Network utilizes smart contracts to execute every trade on its interconnected ecosystem. With these advanced features, traders can effortlessly swap over 50,000+ cryptocurrencies across different blockchains without having to worry about the safety of their funds.
Aside from the trading aspect, Lunex Network's greatest asset is its revenue-sharing mechanism. At the end of each week, Lunex Network invests a significant portion of its revenue in open market buybacks of the platform's native LNEX token. These repurchased tokens are then distributed to current stakers as rewards, offering up to 18% APYs and providing a strong incentive for investors to maintain long positions on Lunex Network.
For a limited time only, Lunex Network is selling presale tokens at a low price of $0.0021 each. With analysts already discussing a new all-time high price for LNEX in the next few days, this presents an optimal opportunity to invest before the price increases any further.