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Cryptocurrency News Articles

Solana (SOL), Lunex Network (LNEX), and Polkadot (DOT) See Green Price Charts, Experts Predict Big Gains

Dec 18, 2024 at 06:02 pm

The crypto market is rising again, with analysts focusing on the star performers. CryptoJack, a well-known analyst, believes Solana (SOL) can reach $264 soon.

Solana (SOL), Lunex Network (LNEX), and Polkadot (DOT) See Green Price Charts, Experts Predict Big Gains

Crypto market analysts have their eyes set on Solana (SOL), Lunex Network (LNEX), and Polkadot (DOT), predicting significant gains for these crypto coins soon.

As the crypto market continues to rise, market analysts are keeping a close watch on the top performers. Among them, CryptoJack, a well-known analyst, believes Solana (SOL) can reach $264 soon. At the same time, Lunex Network (LNEX) and Polkadot (DOT) have grabbed attention with a more than 283% joint price surge.

While DOT is one of the best cryptos and LNEX is a rising presale star this rookie may disrupt the DeFi market and experts are very bullish about it, some even hint at a potential 900% price surge for this token in 2025.

CryptoJack: The Price of Solana (SOL) May Reach $264

Solana (SOL) is among the top crypto coins, but it shows some red price charts. CoinMarketCap shows that the Solana price fell over 5% in the past week alone. Its value moved between $220 and nearly $200 in that time.

Nevertheless, market analyst CryptoJack remains optimistic about Solana (SOL). According to his X post, he predicts that this altcoin will dip to $170 before skyrocketing to $264. This Solana price prediction has excited many traders.

TradingView data supports this statement. The Solana crypto is currently valued above its 100-day EMA ($191) and its 200-day EMA ($170). This suggests a potential bullish momentum incoming.

Lunex Network (LNEX) Price Increases 216%, Exciting Traders

Lunex Network (LNEX) is another crypto coin making headlines, this presale star has already given early buyers a 283% return. Moreover, its price will rise on a three-day basis, which means further price growth ahead.

By holding the LNEX token, people will get perks like governance voting rights for Lunex Network, staking rewards, etc. Speaking of Lunex Network, it is an upcoming DeFi project that will connect all isolated blockchains. On this platform, users will trade crypto coins across these blockchains with total privacy thanks to no sign-up KYC checks.

Currently, one LNEX costs just $0.0046, a 283% increase from its starting price, however traders are waiting for a Tier-1 crypto exchange listing of this DeFi coin. This event is expected to trigger a rally to $0.0216 - a 468% return for all those buying LNEX.

Analyst Remains Optimistic for the Polkadot (DOT) Price Movement

Polkadot (DOT) also sees some green price charts. On the one-month chart, the price of Polkadot jumped from $5 to nearly $8. In other words, CoinMarketCap shows nearly a 50% increase in just a few short weeks.

Market analyst CryptoBullet made a bullish Polkadot price prediction. In a new X post, he told his followers that this altcoin has the potential to reach $31 soon. The technical analysis of Polkadot (DOT) supports this statement.

TradingView shows that the Polkadot coin is valued above its 50-day EMA ($7.13) and its 100-day EMA ($6.16). Additionally, its bull-bear power sits at -1.90, which is in the buy zone and suggests bulls could push its value up.

Solana (SOL) vs. Lunex Network (LNEX) vs. Polkadot (DOT) – Which Crypto Coin May Stand Out?

Experts are very bullish on Solana (SOL), Lunex Network (LNEX), and Polkadot (DOT). They think that all these crypto coins could see big gains soon. However, one of them could surge faster – LNEX.

This rookie will be tied to the AI market, which IBS Intelligence predicts could be worth $48 billion by 2031. Plus, its smaller market cap could suggest price surges with less money. Therefore, experts forecast a potential 900% price rise for this DeFi coin in 2025.

News source:www.mid-day.com

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Other articles published on Dec 18, 2024