Dogecoin Recovers with Whale Accumulation
Dogecoin (DOGE) is regaining momentum following significant whale purchases totaling $54 million over the past 48 hours. This shift occurs after a period of consolidation, where Dogecoin experienced losses of 13.41% in the previous month. With 82% of Binance holders holding long positions, Dogecoin could experience further recovery post-Trump's inauguration.
Currently trading at $0.3495, Dogecoin has seen a 7.62% intraday increase. It is also trading above all Exponential Moving Averages, indicating an upward trend. Positive technical indicators, such as the MACD level, suggest a potential surge towards the $0.40 resistance level. However, if selling pressure increases, Dogecoin's price could potentially fall to $0.223.
Lunex Network: A Potential "Dogecoin Killer"
Lunex Network (LNEX) has gained significant traction, attracting early investors and raising $6.4 million during its presale. The platform addresses the challenges faced by traditional DEXs and CEXs, offering seamless token swaps across over 50,000 tokens on multiple blockchains.
Lunex Network's unique features include:
- Interconnected platform for blockchain-agnostic token swaps
- Smart contract optimization for slippage-free transactions
- Exclusive access to over 65 RPC nodes for dApp development
- Non-KYC signup process for enhanced privacy
- Staking pool with up to 18% APYs
- Revenue-sharing model for passive income
Analysts predict a potential 1800% return on investment for LNEX before the end of the presale. With an entry point of only $0.0056 per token, Lunex Network presents an opportunity for early adoption and potential gains.
More information on Lunex Network:
- Website:
- Socials: