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Dogecoin (DOGE) is generating excitement with predictions of a major price surge as Elon Musk takes on a U.S. government advisory role. With Musk’s influence often boosting DOGE, investors are eagerly watching the potential for significant gains. However, while Dogecoin’s momentum builds, crypto analysts are spotlighting Lunex Network as a strong contender to lead the upcoming bull run.
Dogecoin (DOGE) Sees Over A 100% Jump
Dogecoin, the largest memecoin by market capitalization, is seeing major gains linked to the recent Donald Trump rally. In the past week, Dogecoin surged by an impressive 93.7%, and over the last 14 days, it jumped by 122.6%. This memecoin, originally boosted by Elon Musk, is now caught up in the excitement around the election cycle and the proposed Department of Government Efficiency, known as DOGE.
Elon Musk conceived the Department of Government Efficiency to reduce waste and improve government operations. Throughout the election cycle, Musk promoted this idea on his social media platform, often using the acronym D.O.G.E. Yesterday, Donald Trump announced that Musk and former Republican candidate, Vivek Ramaswamy, would lead this department. Although the department is not a formal government agency, both Musk and Ramaswamy will advise the White House and collaborate with the Office of Management and Budget.
Trump outlined DOGE’s objectives, emphasizing that Musk and Ramaswamy will work to dismantle bureaucratic processes, reduce unnecessary regulations, cut wasteful spending, and restructure federal agencies. Dogecoin, the cryptocurrency, has enjoyed significant attention from this DOGE-related publicity, with Elon Musk’s cryptic endorsements further fueling its rise.
Lunex Network (LNEX) Raises Over $2 Million In Presale Funds
The Lunex Network (LNEX), built on the Ethereum network, connects separate blockchains and provides a non-custodial exchange for instant crypto swaps and transfers. Unlike many exchanges, which require multiple steps for token conversion and wallet transfers, Lunex Network enables users to trade in a single, fast, and anonymous process. Users can swap over 50,000 cryptocurrencies with minimal fees, without third-party wallets like MetaMask or KYC verification.
The Lunex Network also attracts institutional interest with its B2B merchant payment gateway and more than 65 free RPC nodes for Web3 development. This allows businesses to accept crypto payments and convert them to fiat, and vice versa, creating seamless transactions. One unique feature of Lunex Network is its revenue-sharing model. The platform uses part of its exchange profits to buy back $LNEX tokens on the open market and distribute them among token holders.
Currently, the $LNEX token is available for $0.0021 in its presale, having already raised over $2 million. While Dogecoin might have faced consistent price declines this year, $LNEX offers a more stable price trajectory as it advances through its presale phases. Additionally, Lunex Network’s DeFi platform introduces a fresh approach, which could push $LNEX to new price highs.
Discover the Exciting Opportunities of the Lunex Network Network (LNEX) Presale Today!
Website: Lunex Network
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/2024/11/15/dogecoin-price-prediction-doge-set-explode-elon-lands-us-gov-role/