Dogecoin has been on an explosive trend since Trump’s victory, but analysts believe the token could face a correction soon. While Stellar appears to be one of the biggest market winners today, savvy traders are still betting on Lunex networkthe viral pre-sale to record massively Gains of 1,800% by early 2025.
Short-Term Dogecoin (DOGE) Holders May Soon Sell Out
Dogecoin became 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, as many of these new addresses are short-term holders, analysts believe that Dogecoin could face a massive correction due to heavy selling pressure.
Dogecoin is currently trading at $0.4033 after an intraday increase of 3.48%. As Dogecoin’s growth momentum cools, Dogecoin’s RSI approaches the overbought zone. If Dogecoin faces a correction due to high selling activity, analysts believe that Dogecoin price could collapse towards the $0.3048 support.
Stellar (XLM) Emerges From Crypto Depths With Explosive 210% Rally
Stellar was trading sideways for the past few months until the token saw a massive 209.72% surge during the post-election rally. Even as the broader crypto market cooled off, Stellar continued its upward momentum by recording another explosive return of 105.91% over the past seven days. Since Stellar’s community sentiment is currently extremely bullish, analysts believe that Stellar will see more gains before facing a potential correction.
Stellar is currently trading at $0.2909 after an intraday rise of 19.68%. As Stellar market activity soars, analysts expect more capital inflows for Stellar in the coming weeks. As Stellar continues to trade above its simple moving averages on the XLM/USDT daily chart, the token could eventually break above the upper resistance at $0.3166 by the end of this week.
Lunex Network (LNEX) Unlocks the Future of Crypto Trading with DeFi Trading Platform
Lunex network is redefining the world of crypto trading by launching a non-custodial DeFi exchange. While traditional DEXs and CEXs offer only limited trading features and charge high fees, Lunex Network is a game-changer by offering low-cost cross-chain interoperability. Since Lunex Network is already gaining traction during its pre-sale stages, analysts are optimistic about the LNEX native token seeing a huge 1800% gathering before its official launch.
A few weeks after its pre-sale launch, Lunex Network managed to raise up to $3 million thanks to its solid fundamentals. On Lunex Network, traders can select two of over 50,000 compatible cryptocurrencies and enter the recipient’s wallet address to process their transfer in an instant. Since Lunex Network integrates smart contracts into its ecosystem that guarantee full transparency, traders can rest assured that their funds are 100% secure.
By trading on the 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 in the form of staking rewards. At the end of each trading week, Lunex Network repurchases tokens from the open market and uses them to distribute staking rewards of up to 18% APY. Since traders can also add these additional tokens to their staking pool without losing their initial APYs, Lunex Network presents a huge opportunity for savvy traders to make huge gains in just 30 days.
For a limited time only, Lunex Network is selling its LNEX tokens at a low price of just $0.0031 each. Since analysts expect 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 at the lowest price ever!
You can find more information about the Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social networks: https://linktr.ee/lunexnetwork
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