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Cryptocurrency News Articles
Lunex Network (LNEX) Presale: A New DeFi Coin That Could 4x By 2025
Dec 21, 2024 at 06:00 pm
The crypto market is all about fluctuations, and if you're an experienced investor, there are quite a few chances of making a profit. Currently, meme coins
The crypto market is known for its volatility, which can provide opportunities for experienced investors to generate profits. While meme coins like Dogwifhat (WIF) and Bonk (BONK) have experienced some price fluctuations, many investors are now shifting their focus to a new DeFi coin.
Dogwifhat (WIF) Price Drops, But Analyst Remains Optimistic
Doge wif hat (WIF) is a meme coin that has seen some red on the price charts. According to CoinMarketCap, the Dogwifhat crypto price has dropped over 35% in the past month alone. During this period, its value has decreased from around $3.50 to nearly $2.20.
Despite the recent price drop, crypto analyst Nihilus is optimistic about Dogwifhat crypto. According to his X post, this meme coin has the potential to surge to $4.87. This Dogwifhat price prediction has sparked excitement among many traders.
Moreover, the technical analysis for Dogwifhat (WIF) also seems promising. TradingView data shows that its momentum indicator is currently positioned at -0.83, which falls within the buy zone. This reading suggests a possible upcoming bullish uptrend.
Euro Sniper: Bonk (BONK) Price May Rise Soon
Bonk (BONK) is another meme coin that has been trending downwards. On the one-week chart, the Bonk price has dropped over 25%. CoinMarketCap data indicates that its price has fluctuated between $0.000040 and $0.000030.
However, market expert Euro Sniper has shared a bullish Bonk price prediction. In a recent X post, he stated that once Bonk (BONK) reclaims its weekly level, he will go long on it. For this meme coin, he has set a price target of $0.00062.
Additionally, TradingView data also suggests some good gains incoming. Currently, the Bonk crypto has a momentum indicator of −0.000009 which is in the buy zone, suggesting an upcoming bullish uptrend.
Lunex Network (LNEX) Price Continues to Rise
A new DeFi project that is set to connect isolated blockchains and launch a non-custodial crypto exchange is Lunex Network (LNEX). This exchange will enable users to trade crypto coins across different blockchains at a low cost.
The native token of this platform will be LNEX. Holders of this DeFi crypto will gain governance voting rights and up to 18% APY in staking rewards. A portion of the revenue generated by Lunex Network will also be used to buy back LNEX tokens from the open market and redistribute them to LNEX stakers.
This altcoin is attracting millions of investors due to its benefits, and it is currently available for purchase in its presale round. At the moment, LNEX costs just $0.0046, which is a 283% increase from its starting price. However, this price will rise on a three-day basis. A Tier-1 crypto exchange listing will push this value to $0.0216. This growth could make LNEX one of the top DeFi coins for fast returns.
Can Lunex Network (LNEX) Outshine Dogwifhat (WIF) & Bonk (BONK)?
While Dogwifhat (WIF) and Bonk (BONK) may recover soon, experts are more bullish on Lunex Network (LNEX). In contrast to these meme coins, which rely on hype, LNEX will serve a practical purpose, facilitating greater adoption. Furthermore, its smaller market cap may enable faster surges due to the lower資金需求. As a result, experts anticipate a potential 4x growth for LNEX in 2025.
Here you can find more about Lunex Network (LNEX)
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