Dogecoin was on an explosive trend ever since Trump’s victory but analysts believe the token may face a correction soon. While Stellar is emerging as a top gainer in the market today, savvy traders are still betting on Lunex Network’s viral presale to record massive 1800% gains by early 2025.
Dogecoin (DOGE) Short-Term Holders May Sell Out Soon
Dogecoin emerged as one of the biggest gainers during the post election rally as Trump announced his new Department of Government Efficiency or DOGE. During this explosive uptrend, Dogecoin recorded up to 370,000 new daily active users. However, since many of these new addresses are short-term holders, analysts believe Dogecoin could face a massive correction due to high selling pressure.
Dogecoin is currently trading for $0.4033 after a 3.48% intraday increase. As Dogecoin’s growth momentum cools down, Dogecoin’s RSI is getting closer to reaching the overbought zone. If Dogecoin faces a correction because of high selling activity, analysts believe Dogecoin’s price could crash towards the $0.3048 support.
Stellar (XLM) Emerges From Crypto Depths With Explosive 210% Rally
Stellar was trading sideways for the last few months until the token recorded a massive 209.72% surge during the post election rally. Even as the broader crypto market cooled down, Stellar continued its upward momentum by recording another explosive 105.91% return over the last seven days. Since Stellar’s community sentiment is extremely bullish right now, analysts believe Stellar will record more gains before facing a potential correction.
Stellar is currently trading for $0.2909 after an intraday increase of 19.68%. Since Stellar’s market activity is soaring upwards, analysts are expecting more capital inflows for Stellar in the next few weeks. As Stellar continues to trade above all of its Simple Moving Averages on the XLM/USDT daily chart, the token could end up breaching the upper resistance at $0.3166 by the end of this week.
Lunex Network (LNEX) Paves the Future for Crypto Trading with DeFi Trading Platform
Lunex Network is redefining the world of crypto trading by launching a noncustodial DeFi exchange. While traditional DEXs and CEXs only offer limited trading features and charge high fees, Lunex Network is changing the game by offering low cost cross chain interoperability. Since Lunex Network is already gaining traction during its presale stages, analysts are optimistic about the native LNEX token recording a massive 1800% rally ahead of its official launch.
Within a few weeks of its presale launch, Lunex Network has managed to raise up to $3 million because of its strong fundamentals. On Lunex Network, traders can select any two of the 50,000+ compatible cryptocurrencies and enter a recipient wallet address to process their transfer in an instant. Since Lunex Network integrates smart contracts on its ecosystem that ensure complete transparency, traders can rest assured that their funds are 100% secure.
By trading on Lunex Network, users can receive huge cashback rewards as well as exclusive discounts on the platform’s 65+ RPC nodes. To make things even better, Lunex Network also has an attractive revenue-sharing mechanism that redistributes up to 18% of the platform’s revenue to current holders as staking rewards. By the end of each trading week, Lunex Network repurchases tokens on the open market and uses these to distribute staking rewards with up to 18% APYs. Since traders can also add these additional tokens to their staking pool without losing their initial APYs, Lunex Network is presenting a massive opportunity for savvy traders to make huge gains in as little as 30 days.
For a limited time only, Lunex Network is selling its LNEX tokens for a low price of just $0.0031 each. Since analysts are expecting the token to hit a new all time high price before the end of this month, now is the perfect time to invest in Lunex Network for the lowest price it will ever be!
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
