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Dogwifhat’s bullish breakout and Lunex Network’s explosive pre-sale momentum represent a huge opportunity in the cryptocurrency market, and both tokens are poised for significant growth.
Dogwifhat has demonstrated strong market patterns following its Coinbase listing and core technological advancements on the Solana network. Despite being down 35% from ATH, the bullish flag pattern on the WIF daily chart hints at a potential price recovery with the token targeting a massive breakout.
Historically, these patterns typically indicate a bullish continuation trend, suggesting that Dogwifhat’s price performance could bounce back from the correction period. Moreover, new pre-sale gem Lunex Network continued its significant pre-sale momentum and hit an all-time high of $0.0033. The recent surge will likely attract more investors as the hybrid DeFi project aims to earn more profits in the coming weeks.
Lunex Network aims to reshape blockchain scalability.
One of the main problems traders commonly face is the lack of interoperability associated with most existing centralized exchanges. Trading assets on most trading platforms requires the clunky and time-consuming process of linking third-party wallets. Lunex Network solves this problem by leveraging smart contract technology to enable seamless transactions, enabling fast asset exchanges for over 50,000 assets with the lowest possible fees.
Lunex Network also differentiates itself from other exchanges by focusing on security and privacy. The project removes KYC requirements for users, allowing for an anonymous trading experience. The feature of Lunex Pro, a subscription service that provides traders with additional benefits such as cashback on wallet addresses and anti-money laundering checks, also makes the project stand out among investors.
Lunex Pro aims to drive widespread adoption by providing institutional and retail investors with a variety of tools and benefits, allowing LNEX prices to rise further. The token is currently at $0.0033, a surge of 175% from its starting price of $0.0012.
Dogwifhat: Will WIF reach $10?
The price of Dogwifhat broke out of the downward channel and registered bullish momentum. The support level of WIF token formed by the broken upper trend line is very important for the next rally. Technical indicators also support continued bullishness, with RSI at 55 pointing to buying pressure that could help maintain upward momentum.
During the recent downturn, large holders of Dogwifhat tokens have accumulated, suggesting confidence from institutional investors. This accumulation has created a bullish signal with trading in the $3.00 and $3.20 areas surging 5% on a weekly basis. According to Cryptonary, Dogwifhat has the potential to become the first dog-themed meme coin to reach over $100.
According to WIF price predictions, upward trend momentum is expected to push Dogwifhat into the $10 region by the end of 2024. This would represent a rally of over 230%, making Dogwifhat an attractive token. The current sentiment towards the meme coin is bullish as the Fear and Greed Index shows extreme greed at 78. Dogwifhat has also recorded 13 of the 30 green days over the past month, with price volatility of just 19%.
Can LNEX price action outperform WIF price performance?
Like Dogwifhat, Lunex Network has all the potential to join the ranks of major players in the DeFi space. Best features and unique revenue sharing model make this product stand out. This led to impressive pre-sale performance, generating over $3.7 million in revenue. Industry experts also predict explosive growth of 1,800% until pre-orders end.
To learn more about the Lunex Network, visit the website and join the growing Lunex community.
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