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Polkadot and Chainlink Set Sight on Surpassing Year-Long High as Lunex Network Garners Bullish Momentum

by NZU
8 12 月, 2024
in Crypto News
0
Polkadot and Chainlink Set Sight on Surpassing Year-Long High as Lunex Network Garners Bullish Momentum

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The crypto market has continued to witness bullish momentum weeks after the US presidential election. Polkadot’s price has hit the $8 mark for the first time since April while setting sights on breaking through the $10 mark. Chainlink’s price has also surpassed the $21 point, marking the third time it has reached such a milestone in the year, with the previous ones recorded in March. 

On the other hand, Lunex Network is on course to raise $4 million in its presale. The project’s increasing adoption shows it has what it takes to challenge popular DEX exchanges like Uniswap and Binance. Backed by a robust ecosystem, the LNEX token is tipped to hit in presale and 100x on the listing. 

Over $4M Raised in Lunex Network Presale Amid Growing Popularity

Lunex Network (LNEX) is geared at becoming a household name in the Web3 ecosystem thanks to its fantastic next-generation DeFi crypto exchange that allows for cross-chain crypto transactions. Its unrivalled liquidity, secure smart contracts, and transparent infrastructure endear it to investors who believe in the ease and safety of crypto transactions.

That is why in just weeks of launching a presale phase, Lunex Network has raised over $3.8 million in sales of over 2 billion LNEX tokens. Given the Lunex Network ecosystem’s unique features, such as the revenue-sharing model and staking program, holders of the token will earn passive income by staking their LNEX tokens according to lock-up periods.

With Lunex Network investors already gaining a 200% ROI, there’s time to join the presale and position yourself for profits. At $0.0036, investors have the opportunity to accumulate the token and position themselves for massive profit. With a growth projection of over 600% within the coming weeks, investing in Lunex Network should be a priority.

Polkadot (DOT) to Surge Past $10 Threshold According to Expert

As per stats, Polkadot has shown a remarkable, bullish trajectory since the past month, gaining over 118% to rise from $3.8 to $8.5 within 30 days. Notably, Polkadot has been tipped to surge past the $10 in the coming weeks. A crypto analyst named TheMoonCarl on the X platform believes the token could reach $11.50 in the short term. 

According to TheMoonCarl, the token is primed for growth if it can break out of the ascending triangle, as shown in the tweet. The Polkadot price will have to gain about 22% of its current value to reach the projected value. Also, a growth beyond $11.54 will see the token surpass its year-long price high achieved in March.

The market trajectory of the Polkadot token underscores the analysis from TheMoonCarl, given that Polkadot’s trading volume is recording 40% growth on a daily average. The token’s technical indicators from Tradingview show signs of more rallies, given that it is trading above the 50-day and 200-day EMAs. 

Chainlink (LINK) on Course to Establish Support Above $20

Amid the steady uptrend of Chainlink, investors could see the token establish an extended support above $20. The last time that Chainlink’s price reached the $20 mark was in March. However, the momentum wasn’t strong enough which saw the price crash to $13 by April. 

While in the heat of another uptrend, experts believe Chainlink is now positioned to surge beyond $20. According to Quinten, a renowned crypto expert on X, Chainlink has broken past its resistance of $19.25 and is on course to reach $22.90. He also hinted at a possible all-time high if Chainlink breaks through the $22.90 threshold.

With growing momentum in both price uptrend and market volume, it may only be a matter of time before the Chainlink token comfortably establishes support above $20. A further price trajectory depends on market influences.

Final Verdict: Best Crypto Investment Alternative for December and Beyond

Polkadot and Chainlink have all seen significant uptrends over the past month. However, Lunex Network provides an opportunity to become one of the pioneer investors in what could become the most significant exchange on the Web3. Investing in Lunex Network sets you up for passive income, massive potential price growth, and significant ROI in the near future.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

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