Toncoin soared by an impressive 50%, turning the $6.50 resistance into solid support. December started strong, offering gains of 14% in its first week. However, the token began to retrace and retested its support levels, paring off some of its gains. On the other hand, traders expect a surge worth more than twice the current SHIB price level.
More importantly, the new DeFi token, Lunex Network (LNEX), will be making a grand entry into the crypto market at about the same time. The project has gained traction because it has already given early buyers over 283% return, with billions of LNEX tokens already sold it is clear that investors are interested in what it has to offer.
Lunex Price Jumps Over 283%: More Gains Incoming?
Lunex Network (LNEX) is poised to transform the industry with its innovative framework. The project connects isolated blockchains to ensure instant swaps across over 50,000 crypto assets. Trades are done anonymously since the platform has eliminated KYC or third-party wallets. In other words, Lunex users input the desired ticker, provide the recipient address, and confirm the transaction.
It offers a non-custodial wallet and portfolio tracker with analytic tools for better asset management. Traders seeking advanced trading tools can subscribe to Lunex Pro, a premium service with refined trading features like cashback bonuses on transactions and AML wallet checks. Institutional investors and businesses will find an interoperable blockchain bridge that acts as a B2B payment gateway.
With this, businesses can accept crypto payments and convert them into fiat at lower rates. Its standout revenue share model redistributes a portion of its weekly profits to LNEX holders with staking rewards of up to 18% APY. So far, Lunex is available at $0.0046, a notable discount from the expected launch price of $0.0216. Investors can capitalize on this rare opportunity before its price soars.
Toncoin Price Analysis
TON price has been hovering above the $6.00 level and has found critical support around the $6.50 region, which was previously a resistance level. This key level has offered a basis for a recovery. Its Alligator indicator highlights that the TON coin could enter a consolidation phase with the fast-moving average hovering near the current price level.
Moreover, momentum indicators, including the Stochastic RSI, are above the neutral area, pointing to downward pressure. Its 14-day Relative Strength Index (RSI) is 59, suggesting weakening bullish momentum. For Toncoin’s price to hold its momentum, the altcoin needs to break out above the $7.2 level.
The $7.5 level, in particular, could pave the way for a rally towards the $8.24, its ATH. On the flip side, if the price of Toncoin breaks below the $6.50 support level, it could decline towards the $6.28 and $5.45 levels. These are crucial areas to monitor as 2025 approaches. In any case, Toncoin’s sentiment was slightly bearish in the past week. The market appears cautious, with the difference between bulls and bears trending near neutral levels.
How High Can Shiba Inu Price Go?
Shiba Inu, a top altcoin on the Ethereum blockchain, has played its best hand this year with late bullish momentum. The November rally assisted the meme coin to record nine-month peaks above the $0.000035 resistance zone since March 2024 before pulling back slightly. It reached the $0.0000329 mark in early December before a correctional wave pulled it back above the $0.000026 level.
The growing demand for SHIB and meme coins appeared to have revived its stalling price. Its technical indicators suggest that the price of SHIB is looking to break above the $0.000035 mark soon. Per Javon Marks’ insights, Shiba Inu’s price could spike by 189% in the short term to reach $0.000081.
Javon’s analysis comes as the meme coin breaks through its last pullback. Its daily RSI has fallen into the oversold zone, suggesting that there could be a potential recovery on the horizon. However, it will depend on the support holding the token. Considering SHIB’s price fell to its 0.5 Fib retracement and signaled oversold conditions, it could be a setup for a larger recovery.
LNEX Vs. SHIB Vs. TON: Best Token To Buy
As SHIB and TON altcoins showcase great prospects for long-term gains, the Lunex presale continues to pick up steam after raising over $5 million in revenue. This serves as a testament to its growing demand. Analysts now hint at more rallies on the cards pre-launch.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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