With the arrival of the bullish altcoin season, many cryptos, including Dogecoin (DOGE) and Tron (TRX), are already turning bullish. Dogecoin has already recorded a monthly surge of over 25%, and the trend is set to continue throughout the month. Conversely, Tron has also experienced a notable weekly surge of over 4%, pushing its market cap to over $14B.
Meanwhile, Lunex Network‘s stage five presale continues to heat up, offering early investors over 41% ROI. This significant surge is attributed to the project’s unique cross-sectional exchange, drawing considerable investor interest.
Lunex Network: A New Era Of Decentralization
Lunex Network aims to uphold decentralization while solving current market problems by offering investors a complete decentralized exchange built on anonymity and user protection. This move seems to sit well with investors, as the project has already surpassed $1.5M in just stage five of its presale. Moreover, Lunex Network has also recorded a price surge, trading at $0.0019 from its initial starting price of $0.0012.
The project’s non-custodial, multi-chain DEX will allow users to instantly spot trade more than 50,000 cryptos across numerous blockchains at an affordable cost. Another unique feature is the elimination of the KYC protocols, which appeal to investors and traders who prioritize privacy and seamless trading processes.
With these features and its revenue-sharing model, where a portion of the exchange’s profits will be directed towards buying LNEX tokens from the open market and redistributing them to token holders, will drive Lunex Network’s price even higher.
Dogecoin Whale Moves $2M In DOGE Despite Technical Indicators Signaling A Surge
On October 22, a famous whale moved nearly $2.1M of Dogecoin from a Robinhood platform to an unidentified wallet. This movement has led to speculation that it might signal a drop in Dogecoin’s price or the whale’s intention to sell at better prices. This move comes when the price of Dogecoin is trading at $0.16, signaling a weekly rally of over 2%.
Moreover, Dogecoin technical indicators suggest a promising position after the crypto moved above the $0.16 price level during its uptrend. If the price of Dogecoin breaches and manages to sustain a price above $0.15, it could surge by over 17% to stabilize around the $0.17 mark.
Also, Elon Musk’s impact on the token, backed by recent developments, is set to affect Dogecoin’s future, leading to more pumps. Technical indicators such as the 100—and 200-day simple moving average also suggest an upward trend in the coming months.
Tron Steady Growth: Can It Break Through Key Resistance Levels
Tron’s price has been trading between $0.15 and $0.166, suggesting steady growth over the past months, with a monthly surge of over 10%. This price has also been hovering around the 10-day EMA and 100-day simple moving average at $0.16, indicating consolidation.
The TRON token RSI is also near 69, suggesting neither bears nor bulls dominate. If the price of Tron manages to break out past its resistance level of $0.17, it could see further gains, targeting the $1 mark. With the altcoin market gearing up for potential bull circles, Tron coin could easily capitalize on this trend if it overcomes current barriers.
Additionally, recent developments, including Tron Network being live on TokenPocket Chrome Extension, allowing users to easily import or create TRON wallets and manage and transfer TRC-20 tokens from a single place, are set to push the TRX price even higher through widespread adoption in Q4. Q3 already saw the Tron Network experience significant protocol revenue, hitting an ATH of $151.2M.
Will Lunex Mirror Dogecoin and Tron Price Movement in Q4?
Dogecoin and Tron’s prices have recorded impressive surges over the past month. Lunex Network is also eying a similar trend in its presale stages, backed by its unique features, including its multi-chain bridge that protects users from scams. The project has also completed its smart contract audit by SolidProof, showcasing its commitment to ensuring better security.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Socials: Link Tree
