Dogecoin Soars, Cardano Targets ETF! Lunex Network Gears Up for Massive Surge

Since early November, many altcoins have seen their prices elevated or reach a new high. While the Dogecoin price is enjoying positive momentum due to Elon Musk’s influence and President Trump’s election win, Cardano ETF’s potential launch has garnered support for the ADA token.

As DOGE and ADA strive to take strong positions among other altcoins, the crypto market welcomes a new altcoin called Lunex Network. Lunex rides on its unique features outside the recent market waves in its presale, with over 1.7 billion $LNEX tokens sold. Read more on how Lunex Network is gearing up for a massive surge among other altcoins!

Lunex Network: Lunex closes in on $3 million raised

Lunex Network is currently on a roll with decentralized finance (DeFi) at its core. Lunex supports smart contracts, enabling decentralized lending, borrowing, and trading without intermediaries.

This option allows users to control their data, promoting self-governance. Users can also stake the $LNEX tokens to earn rewards while contributing to the network’s security. The Lunex Network platform also integrates yield farming opportunities, allowing users to maximize returns on their digital assets.

Lunex uses advanced encryption techniques to ensure transaction privacy and data security for both users and token holders. With its utility token, Lunex Network also provides a platform that enables interoperability.

Available at $0.0031 in its presale and possessing $3 million raised, analysts forecast a potential 100x gain for the token in 2025 with an 18x rise when it launches.

Dogecoin: Will DOGE reach the $1 mark or retest its neckline?

DOGE’s performance in the ongoing market rally can be attributed to Elon Musk’s increased popularity following his alliance with Donald Trump and their election win.

This is further amplified by his appointment to head the Department of Government Efficiency, which shares the acronym with DOGE, the cryptocurrency. The DOGE price surged after the Tesla owner was appointed as the head of DOGE.

Crypto analysts suggest that DOGE could experience another significant growth round and breach the $1 level. In other news, DOGE’s strong “buy” signals from key moving averages reflect bullish momentum.

Another technical indicator, MACD, also aligns with this upward trend for DOGE. However, the Dogecoin price is facing immediate resistance near $0.43.

Cardano’s spot ETF may be the push needed for the ADA token 

ADA’s price has recently jumped by 44%, totaling 125% in the past month. Recently, analyst Nate Geraci predicted that ETF issuers will soon file for spot ETF products that will track the performance of tokens like ADA.

This is possible for ADA as the crypto space is poised to enter a friendlier regulatory environment. The news of a possible Cardano ETF launch came in after Bitwise submitted documents for the Solana ETF launch, sparking speculations in the market.

ADA’s price is approaching its near-resistance level of $0.98. It has a Relative Strength Index (RSI) of 68.39, indicating intense buying pressure. With the 10-day SMA at $0.81, ADA’s trend appears solid. If ADA can beat its upper resistance level, the possibility of a rally to the $1 mark will tilt higher.

Both DOGE and ADA have shown growing optimism amid market sentiments. Yet, many analysts predict Lunex Network will be more successful in 2025 because of its solid fundamentals and impressive presale showing.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

---

This post is sponsored by. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.