As the US presidential elections close in, crypto investors are battling against time to finalize their portfolio for the most anticipated surge in the market. Most crypto traders are getting on Dogecoin (DOGE) and Toncoin (TON) as a Donald Trump win is expected but some have gone more adventurous to invest in DEXs like Lunex Network (LNEX).
Crypto analysts suggest that Lunex Network will surge as the bull run continues. Traders have been informed that strong returns are expected from minimum investments at the peak of the bill run.
Meanwhile, the Elon Musk-supported meme coin, Dogecoin is expected to surge in the upcoming bull run. Although analysts are not sure what the DOGE price trajectory will be, the factors indicate a rise in the price. As Musk has a huge influence on the crypto market and his pro-Donald Trump stance is well known, there are more chances of the meme coins to surge.
Moreover, DOGE’s position as the first meme coin along with its strong community support gives it an edge over other cryptocurrencies. Dogecoin price will be pushed higher as it benefits from multiple meme rallies.
However, DOGE has limited potential for parabolic growth compared to other cryptos that have stronger fundamentals. The meme coin might not get to its all-time high of $0.73 instantly but it is likely to inch towards the $0.50-$0.60 range
Meanwhile, Toncoin has emerged as a viable Layer 1 alternative for crypto traders as it gained in Q1-Q2. This cryptocurrency is linked to Telegram’s Founder Pavel Durov which has made the digital asset famous. Toncoin's untapped ecosystem and Telegram’s unique sharding ecosystem have made it even more popular.
But Toncoin lost its value considerably this year fueled by Durov’s arrest. Many analysts are regarding Toncoin as a sleeper pick for this cycle. However, TON memes like Resistance Dog could make the cryptocurrency surge again. Also there are predictions of Toncoin surpassing Ethereum user base by 2024 end which could further boost the coin.
On the other hand, the new DEX swapping platform Lunex Network is showing promise as it is expected to rally in 2024-25. The network is likely to experience substantial growth in Q4 2024 and can possibly provide strong returns by 2025 due to its exceptional accessibility and high popularity.
Lunex stands out by combining deflationary tokenomics with a revenue-sharing model. A part of its profits is invested in buying LNEX tokens from the market which boosts the token's value due to reduced supply.
The bought-back LNEX tokens are used for staking rewards in the network resulting in 18% APY for the users which ultimately encourages holders to retain the token. Lunex ensures that the circulating supply decreases over time by this method along with periodic token burns.
This network also stands out from other Layer 1 options as users don't need to fulfil third-party wallet connections and KYC requirements. Lunex users can directly trade across Solana, Dogecoin, Toncoin etc blockchain without a personal identification like other DEX platforms. This makes the trading experience hassle-free and anonymous.
The LNEX token was priced at $0.0017 in the fourth stage of its presale and seems to be the ideal crypto to invest in for traders seeking strong returns in 2025.
As of October 29 evening, DOGE is trading at $0.1686, up 13.52% while TON is at $5.03, up nearly 1% in the last 24 hours. Meanwhile, LNEX is priced at $0.002214.