Dogecoin might have been on a bullish trend, but DOGE holders are now selling out and jumping ship to Lunex Network’s viral presale. As Lunex Network offers cross-chain trading, analysts are already tipping at 100x gains for this new exchange-based token.
Dogecoin (DOGE) Holders Book Profits
Dogecoin was on a bullish trend over the last seven days as its ecosystem saw a sudden rise in network activity. Even Dogecoin’s new wallet addresses surged by 72% as more than 19,000 new addresses were created at the end of September. Despite the rising investor interest, Dogecoin has now fallen deep into bearish territory. Dogecoin is currently trading for $0.1057 after a significant 10.64% intraday decline.
Since Dogecoin’s volume has also increased by 64.54% in the last 24 hours, analysts believe DOGE holders are booking profits. This bearish sentiment is also proven by Dogecoin’s technical analysis as the token’s MACD has fallen below the signal line. Dogecoin is also trading below all its key Simple Moving Averages, hinting at strong bearish dominance. If the sell-off continues, Dogecoin’s price could fall to the nearest support at $0.0913 in the next few days.
Lunex Network (LNEX) Poised to Lead Q4 Altseason
Lunex Network (LNEX) might be in its presale phase for now, but analysts believe it could experience a massive 100x rally by 2025. These bullish predictions are all thanks to Lunex Network’s explosive presale that has already raised more than $750,000 within a couple of weeks time. If Lunex Network manages to keep attracting investors like this, analysts believe the token’s price will rally by more than 1800% by the end of its presale.
The reason why Lunex Network is experiencing a quick rise to the top is the platform’s cross-chain interoperability. By combining the features of decentralized and centralized exchanges, Lunex Network offers a platform where traders can swap and exchange cryptos that are hosted on different blockchains. Even with this revolutionary feature, Lunex Network still promises lightning-fast transaction speeds along with the lowest cost as the network sources liquidity from multiple sources using the smart contracts on its ecosystem.
Since Lunex Network’s mission is to simplify crypto trading, it has no KYC checks on its platform. New traders can register with a valid email address, select any of the 50,000+ pairs to swap, and enter a recipient wallet address to receive their new tokens within minutes. To make things even better, Lunex Network uses Ethereum’s immutable blockchain to encrypt every crypto trade, making the platform incredibly safe and anonymous.
Lunex Network also has an exclusive subscription service called Lunex Pro for savvy traders who are looking for more advanced trading analytics. Through this feature, traders can receive significant cashback on every trade, access higher staking rewards, and make AML wallet address checks to ensure the security of their funds.
Given these features, Lunex Network’s current selling price of only $0.0015 is a huge opportunity for savvy traders. As Lunex Network gains traction and outshines existing exchanges, analysts believe the token’s price will hit $1 in the coming years.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
