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Why This New Trending Altcoin Is Making Headlines Even as DOGE and SOL Continue Their Climb

Bitcoinist
by Bitcoinist
Last Updated: November 17, 2024 12:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin and Solana have seen exponential increases in market activity after Trump’s victory but savvy traders are more focused on Lunex Network’s viral crypto presale. Within a few weeks of its launch, Lunex Network has managed to raise over $2.21 million and analysts are predicting up to 1800% returns by the end of its presale stages.

Dogecoin Explodes After Trump Announces New DOGE Commission

Dogecoin has emerged as the biggest gainer during the post election rally as the token’s price jumped by a massive 246.84% over the last 30 days. Now that Trump has formally announced a new Department of Government Efficiency or DOGE, analysts are expecting Dogecoin’s price to rally even further in the next few weeks.

Dogecoin is currently trading for $0.4054 after an intraday increase of 2.17%. Although Dogecoin’s volume has dropped by 23.73% over the last 24 hours, analysts believe Dogecoin is still experiencing high levels of network activity. Since Dogecoin’s MACD Level is still flashing bullish signals, Dogecoin’s price could rise towards the $0.5430 resistance within the next few days.

Solana (SOL) Gets Relisted on Robinhood After Trump’s Victory

Solana has recently gotten a relisting on Robinhood which has sparked more optimism across the crypto market. Robinhood had previously delisted Solana and other cryptocurrencies in 2023 to align with the US SEC’s regulatory sanctions. Now that Solana is back on Robinhood, analysts are positive about Solana’s current uptick continuing into 2025. 

Solana is currently trading for $215.45 after a small intraday movement of 0.02%. Solana’s trading volume has jumped by 20.04% over the last 24 hours as Solana’s decentralized exchange volume also hit a new peak. If Solana’s buying activity continues to rise for the next few days, analysts believe Solana could breach the critical resistance level at $262.01 soon.

Lunex Network (LNEX) Rises to the Top in Q4’s Bull Run

Lunex Network is making headlines during Q4’s bull run because of its promising potential for gains. Within a few weeks of its presale launch, Lunex Network’s viral noncustodial exchange has already raised over $2.21 million as investors rush to get their hands on the native LNEX token during presale. If this rally continues until the end of Q4, Lunex Network’s price is expected to surge by more than 1800% by the end of its presale stages.

The reason why analysts are rushing to Lunex Network’s presale is the platform’s cross chain trading features. Instead of offering subpar security measures like other DEXs and CEXs, Lunex Network encrypts every transaction on Ethereum’s immutable blockchain. To make things even better, Lunex Network uses smart contracts to execute every trade on its interconnected ecosystem. With these security features, traders can easily swap more than 50,000+ cryptocurrencies across different blockchains without worrying about their funds.

Aside from the trading front, Lunex Network’s biggest asset is its revenue-sharing mechanism. By the end of each week, Lunex Network invests a significant portion of its revenue into open market buybacks of the platform’s native LNEX token. These repurchased tokens are then distributed to current stakers as rewards with up to 18% APYs which gives investors a huge incentive to hold long positions on Lunex Network. 

For a limited time only, Lunex Network is selling presale tokens for a low price of $0.0021 each. With analysts already talking about a new all-time high price for LNEX in the next few days, now is the perfect time to invest before the price rallies any further!

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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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