After months of extreme volatility, the price recovery of Bitcoin has restored optimism in the broader crypto market, with top altcoins like Dogecoin (DOGE) resuming their upward momentum. Meanwhile, some altcoins like Notcoin (NOT) are still trapped within their consolidation zones, prompting token holders to seek refuge in other promising alternatives.
On the receiving end of this attention is Lunex Network (LNEX). The fast-rising presale star is designed to optimize DeFi capabilities by cutting down transaction processes in order to facilitate instant multi-chain transactions. Meanwhile, Lunex Network is already building up momentum as the next altcoin with prospect of a 50x rally right after its presale.
Lunex Network’s Progressive Presale Draws Attention to Its Innovative Swap Mechanism
Having rapidly progressed to the fifth presale stage, the Lunex Network (LNEX) has now raised over $1.5 million in presale funding, with the native $LNEX token price leaping by 58% from an initial price of $0.0012. With its unique model Lunex Network makes it possible for users to swap and transfer over 50,000 cryptocurrencies across multiple chain networks at one go.
By trimming down the processes involved, Lunex Network facilitates instant multi-chain transactions. Likewise, it offers a unique revenue share model that allocates a portion of the platform’s revenue to buy back the LNEX token from the open market in order to redistribute among token holders.Another notable feature is the custom portfolio tracker with which users can manage their crypto portfolios.
More interestingly, Lunex Network also offers institutional services, including over 65+ free RPC nodes for Web3 development. Additionally, there is a B2B merchant payment gateway that allows businesses to accept crypto payment online, and convert to fiat and vice versa. While the entire Lunex Network operation is powered by the native $LNEX token, there is a strong anticipation for it to surge exponentially from its current price of $0.0019.
Notcoin Price Faces Extended Consolidation Amidst Bullish Market Trend
Despite the ongoing bull run in the broader crypto market, Notcoin (NOT) is still trapped in months-long consolidation zone. Since it reached a yearly peak price of $0.024 in March, NOT price has witnessed a progressive decline till date. The top altcoin has particularly been trading in the negative zone for more than two months now, and there seems to be no end in sight for the ongoing trend.
Currently trading within a weekly price range of $0.0078 and $0.0071, NOT price reflects over 10% decline in the past week, which brings the cumulative monthly decline to about 21%. Interestingly, NOT token made a giant stride to $0.0092 in the middle of the month but failed to sustain its momentum which has since led to further decline to new low levels.
While the future price trajectory of NOT token remains uncertain, its technical analysis points at a sell signal, which further suggests the current trend may still persist for some time before any major changes. This has prompted token holders to seek refuge in other alternatives like Lunex Network.
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Dogecoin Price Register Significant Weekly Gain to Resume Uptrend
Unlike Notcoin, legacy meme coin, Dogecoin (DOGE) has made significant recovery in the past week, registering over 20% increase in the past week alone. Meanwhile, this recent upsurge comes after weeks of noticeable consolidation below the $0.125 price mark.
While it currently trades within a weekly price range of $0.144 and $0.171, DOGE price weekly gains have further contributed to its over 33% monthly recovery from its lowest levels around $0.102. With this positive monthly price outlook, DOGE token is now headed towards its 6-months ATH around $0.220.
Meanwhile, Dogecoin’s technical analysis further suggests a sustained bullish outlooks considering that both short and long term moving averages point at a strong buy signal. As such, there has been a resurging interest in the legacy meme coin as 83% of over 25K CMC community members voted in favor of a bullish trend.
Can Lunex Network Outperform Notcoin and Dogecoin This Q4?
Unlike Notcoin which has been subjected to a progressive decline for several months, Dogecoin still holds a strong potential for Bullish Q4. Similarly, Lunex Network’s presale status, coupled with about 58% price surge across its presale stages, positions it among top gainers for the last quarter of 2024.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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