Polkadot (DOT) Price Prediction: Market Cap Sees 7% Growth as DOT Nears $12

Polkadot (DOT) is currently flashing mixed signals despite having an impressive run in November. Data by CoinMarketCap shows the Polkadot price surged by 67% in the 30D timeframe

The cryptocurrency market has seen a surge in interest and activity over the past week, with several key trends emerging. Among them is the strong performance of DeFi coins, which have seen a collective increase in market capitalization. Chainlink, a prominent DeFi coin, has soared by 18% in the past few days, driven by high expectations of more rallies in the coming weeks.

On the other hand, Polkadot, a leading altcoin, has seen a 15% price decline over the past 7 days. However, analysts anticipate the altcoin will bounce back above $10 soon.

Also, the Lunex Network (LNEX) project is garnering interest among whales, having recorded over $5M in cryptocurrency ICO funding. Having increased by over 260% within the past few weeks, analysts are forecasting the LNEX price to jump by 50x in the coming months, driven by the next-gen trading exchange.

Polkadot Price Could Reach $11 as Market Cap Sees 7% Growth

Polkadot (DOT) is currently displaying mixed signals despite having an impressive run in November. Data by CoinMarketCap shows the Polkadot price surged by 67% in the 30D timeframe, pushing the DOT price closer to $12 in early December. However, the recent retracement has seen the altcoin struggling to break through the $10 mark.

Also adding to the worries is the Polkadot trading volume which is on a decline. However, Natalie Dormer, a prominent analyst on X, is bullish about Polkadot’s future. The expert believes the market is currently in the correction phase, driving investors to buy more Polkadot tokens. The analyst concludes that the next target for the altcoin is $20.

Polkadot’s 14-day RSI shows 57, which tilts towards an upswing. Although the market sentiment is neutral, the Polkadot crypto currently trades above the 50-day SMA. The MACD 12 is flashing a mixed signal. However, if the coin can break past $ 10, $10.69, and $ 11.55 resistance levels, $20 is achievable.

Chainlink Price Surges 50% As Expert Predicts a Rise to $32

Chainlink (LINK) is back in the uptrend after the recent integration with Coinbase’s project Diamond for tokenizing real-world assets. The recent rally has seen Chainlink’s price break through the $26 resistance zone. One of the factors driving the rally is the massive accumulation. Recent data from Lookonchain shows that whales are accumulating the token.

This ongoing rally has put the LINK token among the altcoins to watch in the coming weeks. As per CoinMarketCap, the Chainlink trading volume has surged by 60% to $2.82B in the past 24 hours. Top crypto expert XYO Pepe, while analyzing the Chainlink price chart on X, thinks the altcoin will hit $32 sooner than anticipated.

Following the recent Chainlink news of Trump’s World Liberty accumulating the token, another popular analyst with over 750K followers, Johnny, thinks the LINK price will hit $34 very soon. Key market indicators are green. The Chainlink fear and greed index is 83 (extreme greed), while the 14-day RSI is 62, a sign that it has yet to enter the overbought territory.

Lunex Network Presale Shocks Investors As Price Rises by 260%

Lunex Network (LNEX) has outshone many new and established coins in the DeFi market within a few weeks of kicking off the presale, making it the favorite platform for investors seeking DeFi solutions. Developed to solve issues of interoperability, security, and scalability, Lunex Network will allow for cross-chain buying, selling, and swapping of digital assets.

With its priority on anonymity, traders are not required to undergo KYC processes or wallet connections like Meta Mask. All that is required to initiate a transaction is the receiving address. The Lunex Network trading exchange is designed with advanced trading tools, like a mobile exchange, that allow users access to over 50k trading pairs at the lowest cost.

The merchant payment gateway allows users to receive cryptos as a form of payment globally while storing them in the unique DeFi crypto wallet. The Lunex Network wallet allows users to buy, sell, and swap cryptos all from one account. Using the portfolio tracker, you can track multiple assets like cryptos, ETFs, stocks, bonds, etc.

Unlike BNB, holding the LNEX token qualifies you for the profit-sharing model. Holders can also stake the token for a high APY yield. Sold for just $0.0044, early investors have made over 260% ROI with over $5M