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Investors Shift from Bonk & Dogecoin to Rising Lunex Network

Release: 2024/10/26 17:34 Reading: 303

Original author:The Crypto Times

Original source:https://coinmarketcap.com/community/articles/671cb0b7695de42f9ffab38c

Investors Shift from Bonk & Dogecoin to Rising Lunex Network

Meme Coins Face Bearish Pressure, Lunex Network Soars in Presale

Bonk (BONK) Investors Cautious Amidst Bearish Indicators

Bonk coin's recent 34% surge suggested a potential rally, but market experts believe investors are not yet ready for a breakout. Bonk's price has dropped 2.79% intraday to $0.0000223, indicating bearish sentiment. Volume has also plummeted 51.93% in the past 24 hours. Analysts predict a potential drop to the support level of $0.00001747.

Dogecoin (DOGE) Whales Profit-Taking Weakens Sentiment

Dogecoin's 10.47% weekly gain has been offset by a surge in selling pressure. Investors have liquidated $5.32 million worth of DOGE tokens in the past 24 hours, triggering a sell signal. Dogecoin currently trades at $0.1402, with a slight intraday rise of 0.29%. Volume has declined by 22.36%, suggesting waning interest. If profit-taking continues, Dogecoin could drop to its support level of $0.09.

Lunex Network (LNEX) Attracts $1.2 Million in Explosive Presale

Lunex Network's ICO has raised over $1.2 million in a record-breaking presale, making it one of October's top gainers. Analysts anticipate the DeFi project's immense potential as a growth crypto in 2025.

Lunex Network's multi-chain trading capabilities have attracted investors. Its non-custodial ecosystem and state-of-the-art Web3 technology enable traders to swap cryptocurrencies across 40,000+ blockchains at the lowest market cost.

Lunex Network's smart contracts optimize liquidity and trade efficiency, eliminating automated market makers and providing transparency and control to traders. The platform's revenue-sharing model rewards long-term holders with weekly rewards generated from transaction fees and merchant listings. LNEX tokens are repurchased and distributed to stakers, offering up to 18% APY as passive income.

Lunex Network's presale continues in stage 4, with LNEX tokens currently priced at $0.0017. As the project gains traction in the upcoming bull market, experts predict a potential surge in token value before the end of presale stages.

You can find more information about Lunex Network (LNEX) at Lunex Network Website | Lunex Socials

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