Dogecoin is currently in the red zone but analysts are already betting on a massive rally on Trump’s inauguration day. However, the same optimism isn’t there for BNB or Avalanche as both tokens fall deeper into the red zone this week.
Meanwhile, Lunex Network’s viral presale is making heads turn by raising more than $6.366 million in record time. If Lunex Network continues to dominate the DeFi market like this, the native $LNEX token could become the top DeFi altcoin by the end of this year.
Dogecoin (DOGE) to Record Jaw-Dropping Rally on Trump’s Inauguration Day
Dogecoin already experienced a massive post-election rally in November 2024 but market experts are projecting an even bigger surge on Trump’s inauguration day. According to a leading market analyst, Dogecoin’s price recorded a 1100% jump within a week after Biden’s inauguration in 2021. If Dogecoin repeats this historical pattern, the memecoin could skyrocket with a 1107% rally before the end of January.
Dogecoin is currently in a consolidation phase by recording 18.03% losses over the past month. At press time, Dogecoin was trading for $0.3271 after an intraday decrease of 3.81%. Although Dogecoin is trading above its 100-EMA and 200-EMA, Dogecoin’s MACD level needs to turn positive before the token can experience a massive resurgence.
BNB (BNB) Faces a Steep Correction as More Traders Bet on Price Decline
BNB’s price has been on a steady decline since last Thursday as the token faces strong downward pressure. BNB investors are also beginning to lose confidence in the token as the Open Interest-weighted funding rate is negative. This indicator suggests that more traders are betting on a further decline for BNB than those anticipating a price increase. The bearish sentiment is also confirmed by BNB’s negative MACD level which reflects seller dominance.
BNB is currently trading for $678.27 after an intraday decrease of 2.35%. BNB’s volume has increased 44.19% during the last 24 hours which could be hinting at a potential sell-off. Since BNB’s Relative Strength Index is also on a steady decline, analysts expect BNB’s price to crash toward the S1 support at $614.7 soon.
Avalanche (AVAX) Falls Deeper into Red Zone Despite $68 Million Token Buyback
Avalanche’s price has recorded a 32.59% decline over the past 30 days despite its robust fundamentals. Investors expected Avalanche to lead the market in 2025 especially after the Avalanche9000 update that improved operational efficiency. Despite strong features like the decentralized web framework and asset tokenization, Avalanche is falling deeper into bearish territory.
Avalanche is currently trading for $34.58 after another intraday decrease of 7.37%. Avalanche tried to trigger a resurgence by repurchasing 1.97 million AVAX tokens sold to Luna Foundation Guard but that only increased Avalanche’s supply on the open market. Since Avalanche’s RSI is falling and the MACD Level is still negative, analysts expect Avalanche’s price to fall to the S1 level at $27.51 soon.
Lunex Network’s (LNEX) Viral Presale Sets the Stage for 1800% Returns
Lunex Network’s cross-chain trading platform is turning heads in Q1 of 2025. The platform’s robust fundamentals have already triggered massive adoption, with early investors enjoying up to 366% gains. Considering Lunex Network’s high demand in the DeFi space, analysts expect the native $LNEX token to hit $1 by the end of its presale stages.
Lunex Network is redefining the crypto trading space by creating an interconnected ecosystem that bridges the gap between isolated blockchains. This gives traders access to more than 50,000 crypto pairs across different chains, allowing them to make seamless transfers at high speeds and low costs.
Unlike other exchanges with strict terms and conditions during the signup process, Lunex Network boasts a no KYC policy. This means users retain complete control over their assets because of no centralized governance. Lunex Network also removes the need to connect third-party wallets like TrustWallet or MetaMask to make cross-chain transfers, making it far more secure to trade digital assets.
The real reason why Lunex Network is gaining traction is its B2B payment gateway API. This feature helps businesses accept cryptocurrency payments and convert them into fiat without worrying about additional cross-border payment costs.
Lunex Network is also attracting investors in massive numbers by offering staking rewards during its presale phase. Users can add $LNEX to their staking pool for as little as 30 days to secure up to 18% APY in passive income. More $LNEX tokens can also be added to the staking pool without losing the initial APY rate, allowing users to maximize their returns over time.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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