Toncoin (TON) investors are growing concerned about the recent price declines, while Dogecoin (DOGE) celebrates a wave of optimism following this viral exchange listing Lunex Network is drawing attention from both TON and DOGE investors due to its innovative approach and growing popularity in the DeF space.
With its unique DeFI features, $LNEX is projected to surpass the huge successes of Toncoin (TON) and Dogecoin (DOGE) when it launches.
What you'll learn 👉
Toncoin (TON) Announces New Partnership
Toncoin has dropped 2% today, reaching $5.19 as trading interest has decreased by over 10% across exchanges in the last 24 hours. This decline follows a strong month for Toncoin, which saw 9% gains over the last 30 days.
Toncoin recently announced the launch of Memelandia, a project aimed at boosting meme coin development on its network. This new initiative could push Toncoin past its $7 resistance level, potentially reaching all-time highs before the end of Q4.
Dogecoin (DOGE) Fights Off Slight Slump
Dogecoin is currently trading at $0.1092 showing steady price movement. The relative strength index (RSI) sits at 42.72, indicating an upward trend. The stochastic indicator is nearing oversold levels, suggesting that buyers may soon step in.
If investors continue to buy and hold Dogecoin, basic economic principles suggest prices will rise if demand remains steady or increases. Additionally, whale activity, closely watched by retail traders, often signals confidence in the asset, triggering further buying.
Another bullish sign is the increase in large transactions (over $100,000), which has risen by 1% daily, hinting at growing interest in DOGE, Dogecoin has gained over 10% in the past month. With altcoin season approaching, DOGE could be ready for a significant move upward.
Lunex Network (LNEX) Offer Users Next Level OnChain Interoperability
Lunex Network supports over 50,000 cryptocurrencies and offers smooth trading across multiple blockchains. It provides a decentralized exchange (DEX) experience that can finally compete with traditional centralized exchanges.
Lunex Network uses smart contracts, ensuring full transparency for users. This eliminates concerns about insider trading, a common problem with most decentralized finance (DeFi) and traditional crypto exchanges. The non-custodial setup of the Lunex Network also allows users to keep full control of their private keys, offering higher security and user autonomy.
A key feature of Lunex Network is its robust revenue-sharing model and deflationary tokenomics. The platform uses a portion of its profits to buy back $LNEX tokens from the open market. These tokens are then distributed as staking rewards, offering users up to 18% annual percentage yield (APY). Periodic token burns further reduce the circulating supply, helping drive up the token’s value over time.
In addition, Lunex Network offers advanced features for experienced traders and businesses through Lunex Pro. This includes tools like a portfolio tracker for better asset management and an AML-compliant wallet to ensure the safety of funds.
Though still in stage 2 of its presale, Lunex Network is gaining strong attention in the crypto community, with the token priced at just $0.0013. Analysts are optimistic about its potential, with some predicting that $LNEX could be one of the next cryptos to achieve significant growth, possibly 100x in value.
You can find more information about Lunex Network (LNEX) here:
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