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Solana (SOL) Price Surge Triggers Market Optimism as Dogecoin (DOGE) Whale Accumulates $21.65 Million Worth of Tokens

Linda Hamilton
Release: 2024-10-26 03:42:09
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Solana ranked in the top 3 networks by revenue in Q3 after generating a significant $54.7 million. Even after this big achievement, Solana is continuing to innovate its ecosystem with new developments every week.

Solana (SOL) Price Surge Triggers Market Optimism as Dogecoin (DOGE) Whale Accumulates .65 Million Worth of Tokens

Solana (SOL) has finally managed to break above its critical supply zone, while a Dogecoin (DOGE) whale recently purchased $21.65 million worth of DOGE tokens. Meanwhile, Lunex Network (LNEX)’s presale has already raised $1.2 million with thousands of early investors betting on the token’s future 100x potential.

Solana’s (SOL) Recent Developments Trigger Price Surge

Solana ranked in the top 3 networks by revenue in Q3 after generating a significant $54.7 million. Even after this big achievement, Solana is continuing to innovate its ecosystem with new developments every week. Solana has recently added the Elmnts protocol to its blockchain which tokenizes investment funds that are backed by gas and oil royalties on Solana.

Solana is currently trading for $169.52 after an intra-day increase of 3.43%. Solana’s volume has decreased by 11.32% over the last 24 hours which suggests that investors are currently holding their Solana tokens in hopes for future gains. Since Solana is trading above all of its Simple Moving Averages on the SOL/USDT daily chart, Solana’s price is likely to test the $186.36 resistance in the next few days.

Dogecoin (DOGE) Whale Accumulates 155 Million Tokens

A Dogecoin whale recently accumulated 155.11 million DOGE tokens from Robinhood. This Dogecoin transaction worth $21.65 million has triggered a bullish sentiment amongst Dogecoin investors who believe that the token could experience more surges in upcoming weeks. Dogecoin is currently trading for $0.1404 after a minor intra-day decrease of 0.89%.

Dogecoin’s volume has also decreased by 11.93% over the last 24 hours as investors prepare for an upcoming rally. Since Dogecoin’s price chart has formed 3 consecutive higher lows as it breaks out of the reversal box, analysts believe Dogecoin could test the $0.1549 resistance soon. Breaking above that level would mean a swift rise towards $2 for Dogecoin before the end of 2024.

Lunex Network’s (LNEX) Presale Success Attracts Institutional Investor Attention

Lunex Network is already being tagged as a top crypto presale after the project raised nearly $1.2 million in record time. Since analysts are tipping at an altseason in Q4, Lunex Network is expected to join in and reap massive gains during the next altcoin rally. If these predictions end up being true, Lunex Network’s price could experience a significant 1,800% surge by the end of its presale.

The reason why Lunex Network has quickly gained traction is the platform’s ability to swap more than 50,000 tokens across different blockchains. The best part about trading on Lunex Network is that traders can keep their identity a secret due to Lunex Network’s no-KYC policy. Since Lunex Network executes all trades through smart contracts, traders no longer have to rely on automated market makers. Instead, they can retain full control of their crypto assets and enjoy complete transparency on every trade.

Lunex Network’s DeFi exchange already has a mobile exchange, crypto wallet, portfolio tracker, and even a merchant payment gateway for institutional investors. Businesses can use Lunex Network’s payment gateway to accept crypto-to-fiat payments from customers around the world which increases the businesses’ target audience. To increase Lunex Network’s real-world adoption even more, the platform is giving away 200 exclusive Lunex Cards that allow traders to use their digital assets to make day-to-day payments anywhere.

Lunex Network is currently in stage 4 of its presale with tokens selling for a low price of only $0.0017 each. As Lunex Network gains traction in Q4’s altseason, analysts are projecting a massive 100x rally by the time LNEX is launched on the open market.

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

Website: https://lunexnetwork.com

Presale: https://presale.lunexnetwork.com

Telegram: https://t.me/lunexnetwork

Twitter: https://twitter.com/LunexNetwork

Instagram: https://instagram.com/lunexnetwork

Discord: https://discord.gg/lunexnetwork

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