While Dogecoin (DOGE) continues to dominate the meme coin market, Bonk (BONK) is gaining traction in its quest to rival Dogecoin as the top meme token. However, the real excitement among savvy investors is shifting toward Lunex Network, an altcoin offering real-world utility.
As $LNEX continues its presale and shows strong price growth, analysts predict Lunex Network will provide significant returns, making it the altcoin to watch over meme coins in the coming months.
What Lies Ahead for Dogecoin (DOGE)?
Currently priced around $0.12, Dogecoin is reaching heights never seen in a long time. Although it has struggled to break above the $0.11 and $0.12 thresholds, its chart reveals signs of increased buyer activity, which is supporting the ongoing rally and may contribute to further price gains.
If Dogecoin can maintain this upward momentum and achieve a strong daily close above the 200-day EMA, it may pave the way for a sustained uptrend. Potential Dogecoin targets could include $0.13 and $0.15, crucial levels that acted as resistance in prior recovery attempts.
Bonk (BONK) Emerges as the Top Gainer Among Major Cryptos
Since yesterday, Solana-based meme coin Bonk has been the leading gainer among the top 100 cryptos, driven by a recent price boost and renewed market confidence. Bonk is now trading at $0.00002380 and has witnessed a remarkable 8.1% increase in daily trading volume as investors jumped in.
However, the bulls encounter strong resistance at key levels, like the 23.6% Fibonacci retracement level of $0.00002379, which has proven challenging for further upward movement.
Bonk’s daily chart indicates a rounded bottom pattern, suggesting a potential trend reversal as the altcoin records higher lows. If Bonk can break through the immediate resistance, the next major target will be the previous local high of $0.00002522, which could pave the way for further gains.
Get In Early on the Next Big Crypto Opportunity with Lunex Network
Due to its innovative features, Lunex Network (LNEX) is gaining significant attention from Dogecoin traders and developers across the cryptocurrency landscape. Lunex Network’s offerings include seamless interoperability with numerous platforms, an exciting revenue-sharing model, and high levels of privacy for users.
With the newest smart contract solutions, Lunex Network allows rapid trading across over 50,000 assets, offering an attractive alternative to all those searching for agility in a volatile industry today.
In the current volatile crypto trading environment, Lunex Network’s native token, $LNEX, is built for resilience and growth. The token offers a revenue-sharing mechanism that distributes 30% of platform earnings to holders. This unique approach adds a value proposition for investors and creates a loyal community.
Moreover, Lunex Network appeals to developers by offering instant access to 65 RPC nodes, facilitating efficient data transfer across the network. This capability positions Lunex Network as an ideal platform for building scalable decentralized applications.
As the presale enters its third stage, savvy traders are eager to secure their stake in $LNEX, currently priced at $0.0015 per token. With its exceptional trading features and enticing user perks, analysts predict an impressive growth of 1800% for Lunex Network in 2024, outperforming Bonk and Dogecoin.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://www.cryptonewsz.com/bonk-chases-doge-but-investors-eye-lunex-network-for-bigger-gains/