Former U.S. Secretary of Treasury has labeled Trump’s ambitious Bitcoin plan as “crazy,” sparking heated debates within the financial community. While the proposal divides opinions, the crypto market tells a different story. Lunex Network and Dogecoin continue their meteoric rise, driven by innovation and surging investor interest. With Lunex Network offering unparalleled DeFi tools and Dogecoin rallying on robust community support, both assets are thriving amid the controversy surrounding Trump’s unconventional approach.
Bitcoin (BTC) Breaks $100k Resistance Level
Bitcoin’s market activity saw a shift as a whale made strategic purchases during a price dip. After Bitcoin fell below the $100,000 level, the whale bought 600 BTC worth $58.85 million. This purchase is part of a broader strategy over two weeks, accumulating 1,300 BTC valued at $127 million.
Lookonchain reports that Bitcoin’s correction triggered heightened activity, especially from high-volume traders. Bitcoin fluctuated between $92,980 and $103,679, creating opportunities for strategic buyers. The whale capitalized on an intraday low of $95,000.
However, Bitcoin shattered that $100,000 resistance, sending ripples through the crypto sector. This price surge is associated with Donald Trump nominating Paul Atkins to lead his administration’s Wall Street regulator. Atkins is known for his favorable stance on cryptocurrencies like Bitcoin. Analysts believe this development could sustain Bitcoin’s upward momentum for several months, fueled by optimism about regulatory support for digital assets.
Dogecoin’s Trading Volume Sees Slight Dip
Dogecoin has been under selling pressure over the past week, with short holders booking profits and driving the token’s correction. However, the selling activity has eased, and Dogecoin is regaining attention due to a golden cross forming on its daily chart. This bullish continuation signal has encouraged several analysts who believe Dogecoin might hit $1 by Q4 end.
Dogecoin is traded for $0.4528, up 0.53% during daily trading. Despite this uptick, its trading volume has dropped by 25.92%, signaling the conclusion of its correction phase. With Dogecoin trading above its crucial Simple Moving Averages, the token might soon break the $0.5544 resistance level and maybe the $0.6896 resistance next. Dogecoin remains resilient and stays among the top ten cryptos. This achievement is notable, especially as it holds strong against significant rallies from competing tokens.
Lunex Network Is Revolutionizing Decentralized Finance with Interoperability and Low Transaction Fees
Lunex Network (LNEX) creates a user-friendly ecosystem that simplifies DeFi access. Lunex Network’s liquidity pool model allows fast and effortless trades, eliminating the challenges of traditional exchanges. With support for over 40 blockchains, Lunex Network enables easy token swaps and seamless interoperability across a vast network.
The Lunex debit card connects digital assets to everyday spending, letting users pay merchants directly in crypto. This feature makes Lunex Network appealing to individuals seeking practical applications for their digital currencies.
Lunex Network provides a unique DeFi wallet and a custom portfolio-tracking app for efficient asset management. Institutional clients and businesses can use Lunex’s non-custodial B2B payment gateway to accept crypto payments, which are instantly converted into fiat at optimal rates. Additionally, users seeking advanced trading options can subscribe to Lunex Network Pro — a premium service that offers advanced trading tools and cashback on all transactions.
Lunex Network provides staking opportunities up to 18% APY for passive income. The project’s secured non-custodial wallet & portfolio tracker help users make educated choices based on real-time information. By concentrating on user-centered and innovative solutions, Lunex Network redefines DeFi and stands out in a crowded crypto industry.
In Q4, Lunex Network has already raised $4.6 million in its presale. The $LNEX presale offers tokens at $0.0038, making it a valuable opportunity for early adopters.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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