With a 90% Decline, Cardano (ADA) Isn’t Still Number 1

SPONSORED POST*

Despite falling 90%, Cardano (ADA) remains a top cryptocurrency in the unpredictable market.  Investors are now looking at fresh chances to evaluate the best crypto for the 2024 bull run. 

One of these is Lunex which is in the midst of its third round of its viral presale after selling an impressive 620 million tokens and raising over $740,000 in just 14days! Today we will examine all upcoming and future prospects for Dogecoin, Solana whilst delving into the latest developments surrounding Cardano’s price movements. 

Why Lunex is the best crypto for the 2024 bull run

With good cause, Lunex is swiftly rising to the top of the list of the best cryptos for the 2024 bull run along with Dogecoin and Solana! Lunex Network pairs institutional liquidity with a fully DeFi protocol allowing transactions to be completed at lightning speeds without adjustments to slippage. This hybrid approach which combines on-chain and off-chain components has seen a huge amount of interest from KOL’s within the crypto space who believe that Lunex Network is gearing up to become the next 100x token in 2025.  Algonside a host of intelligent features the trading experiences will be easy and fun since users can buy and sell with confidence without worrying about sudden price swings as Lunex Network will implement a fixed fee on crypto exchanges.

The fact that users can make trades on Lunex without linking their wallets is an important advantage. Anyone, from complete novices to seasoned pros can use this function to greatly streamline their user experience, an edge during busy market sessions can be gained through Lunex’s speed, security, and user-friendliness. During the next bull run, it will certainly be one of the tokens which many expect to provide 100x returns to early adopters!

Cardano price: Why a 90% decline doesn’t diminish its number 1 status

Max Keiser recently caused a stir in the cryptocurrency world with his audacious predictions about Cardano (ADA), predicting that its value might plummet 90% compared to Bitcoin over the next six months. 

The Cardano price could keep going up, however; CoinCodex is predicting a 17% gain, with a possible peak of $0.42492 on November 6, 2024. Plus, during the last 30 days, 63% of the days have been designated green, which is a positive indicator that might help Cardano price recover and maintain its attraction.

Solana’s rollercoaster ride: Will it break free or fall flat?

The latest developments in Solana (SOL) reflect a week of mixed signals, with the Solana price dipping 4% to $143.19. After a drastic nose-dive in early October, SOL experienced a midweek rebound, nearly reaching $150. 

Despite these SOL fluctuations, there is some hope for Solana as it breaks above its 100-day exponential moving average, which serves as a key technical resistance level.

Dogecoin’s wild ride: From moonshots to earthly dips in 30 days

In the last month, Dogecoin’s price has shown significant volatility. Starting the month around the $0.09 range, Dogecoin experienced steady growth, reaching a peak at around $0.14. This DOGE  increase was followed by a sharp decline, bringing the value back down towards $0.11. 

The general trend indicates multiple attempts to stabilize above $0.11, but the DOGE price has struggled to maintain upward momentum, eventually settling around $0.1077, as shown in the image. The 3.1% drop in the last 24 hours indicates recent downward pressure on the price.

Lunex: The game-changer for 2024’s bull run

Lunex stands out among heavyweights like Cardano, Solana, and Dogecoin by offering a seamless trading experience without wallet connectivity, faster transactions, and zero slippage. As crypto enthusiasts explore the best crypto for 2024 bull run, Lunex’s innovative approach, user-friendliness, and growing traction make it the top choice.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

*This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/10/14/with-90-decline-cardano-ada-isnt-still-number-1/