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Cryptocurrency News Articles
Lunex Network (LNEX) Could Replicate Ethereum's (ETH) Rally, Top Crypto Analyst Predicts
Oct 09, 2024 at 06:01 pm
While investors continue to anticipate further rallies in the crypto market, a top crypto analyst who nailed the rise of Ethereum (ETH) is now bullish
As investors continue to anticipate further rallies in the crypto market, a top crypto analyst who nailed the rise of Ethereum (ETH) is now bullish on other promising altcoins like Dogecoin (DOGE) and Lunex Network (LNEX). Even though Ethereum (ETH) has recorded an all-time rally of over 86,000%, analysts predict that Dogecoin and LNEX could replicate this result.
According to analysts, the growing demand for the LNEX token could lead to a notable surge in the next months amid the ongoing presale. Given over 460 million tokens sold, the Lunex Network token is expected to surge by over 1,800% in the next few months.
Investors who are looking for platforms that offer a variety of features, involving transacting and saving money, would find Lunex Network very beneficial. This is because apart from the tens of thousands of cryptocurrencies available across over 40 blockchains, Lunex Network guarantees security and provides an all-in-one portfolio.
Via its unified asset tracking feature, Lunex network offers users the opportunity to oversee a variety of their assets that are not only limited to crypto wallets but also include stocks, bonds, and ETFs. This saves users the stress of monitoring their assets across multiple wallets. Moreover, Lunex Network also provides analytic tools for users.
This means that users can not only store their assets, but they can also check the performance of their assets in detail with cutting-edge analytical tools that give users insights into trends and other necessary information. Meanwhile, the Lunex Network token is currently selling for only $0.0013 apiece in stage 2 of the presale, offering investors ample opportunity to join in early.
The Ethereum price has surged by an all-time record of over 86,000% over the years. For those who loaded their bags with the altcoin much earlier before Ethereum (ETH) became well-known, this has meant enormous gains. Moreover, from $1,635 to $2,450 the past year witnessed a modest increase of almost 50% for the Ethereum price.
The community attitude toward Ethereum (ETH) has stayed bearish despite these positive price movements since more recent movements such as the weekly price movement are bearish as Ethereum (ETH) dropped by over 8% in the past week. But the monthly price movement of Ethereum (ETH) shows that the altcoin increased by more than 9%.
Though there are mixed price swings over several periods, experts believe that Ethereum's (ETH) optimistic movement is far from done. Furthermore, a recent Ethereum price prediction indicates that in 2025 the altcoin might vary between $2,400 and $7,200.
Although Dogecoin (DOGE) increased annually by more than 80% from $0.06 to $0.11, analysts believe the altcoin still has great potential for explosive increase. On the Dogecoin price, meanwhile, the past month was also good with an over 17% rise recorded. Still, from $0.127 to $0.112 the Dogecoin price dropped more than 5% over the past week.
Still, the altcoin holders are keeping hope since they see Dogecoin (DOGE) returning to its ATH in the coming months. Moreover, the community sentiment is rather favorable for Dogecoin (DOGE) and the altcoin observed 57% green days and 7.65% price volatility during the past 30 days.
In the meantime, a recent Dogecoin price prediction suggests that the altcoin may range in 2025 between $0.09 and $0.48. Meanwhile, more opportunities to add more Dogecoin (DOGE) tokens into their portfolios have holders of the coin seen recent declines amid the optimistic projections.
While Dogecoin (DOGE) has already jumped by over 19,000% all-time, its rally is still quite far from Ethereum’s 86,000%. On the other hand, Lunex network is a new player in the crypto scene but is already gaining massive attraction from investors. As a result, it is anticipated that the LNEX token could even surge by 200% before the presale ends with further jumps to come.
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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