The future of cryptocurrency raises exciting questions. Can XRP maintain its uptrend? Can Bitcoin Reach the $250,000 Milestone by 2025? Could Dogwifhat surpass Bonk in the race for memecoin dominance this cycle? That’s what analysts suspect Lunex networkWith its innovative DeFi ecosystem and explosive growth potential, it could outshine all of these competitors. These forecasts highlight key trends and opportunities for investors in an increasingly competitive crypto market.

Russia approves Bitcoin (BTC) as digital property

Bitcoin formed an inside-day candlestick pattern on November 28th, which broke higher on November 29th with a break above $97,208. Bulls are trying to push Bitcoin above the $100,000 resistance. A successful rise above this level could boost momentum and take Bitcoin to $113,331 and eventually to $125,000.

If Bitcoin price falls sharply after breaking above $100,000, it could indicate a bull trap. In this case, Bitcoin could fall to the 20-day exponential moving average (EMA) at $91,129. This level is crucial for maintaining support. Bitcoin could fall further to $85,000 if the price falls below this level.

In related news, Russian President Vladimir Putin approved a new law establishing a taxation plan for cryptocurrencies. The law treats digital assets like Bitcoin as property. The announcement appeared on the official website of Russian legal acts. The draft law had already been approved by the Federation Council. It classifies cryptocurrencies as property under the Russian Tax Code and introduces tax regulations for the digital assets industry.

Dogwifhat (WIF) is expected to continue rising

Dogwifhat (WIF) has emerged as one of the best-performing meme coins. According to CoinMarketCap, the price of Dogwifhat has increased from $2.42 to $3.30 in the last 30 days, a 27% increase in just a few weeks.

Crypto analyst Brandon Salim remains optimistic about Dogwifhat’s potential. In a recent X post, he predicted that WIF could hit $10 by Christmas, causing excitement among traders. TradingView data supports this optimistic outlook. Dogwifhat is currently trading above its 30-day EMA of $3 and its 50-day EMA of $2.80. The momentum indicator is at -0.54, which is in the buy zone. This suggests that Dogwifhat’s uptrend is likely to continue.

Multi-chain and DEX aggregator support: Lunex Network’s competitive advantage in the DeFi space

Lunex Network is shaping the future of DeFi with its innovative approach. Unlike most decentralized exchanges (DEXs) that rely on slow networks with high fees, Lunex Network offers a fast, easy-to-use and efficient solution. The platform uses a multi-chain bridge network powered by non-custodial DeFi wallets. This setup allows for near-instant cross-chain transactions.

With its DEX aggregator, Lunex Network offers traders institutional liquidity with the anonymity of decentralized platforms. Common DeFi challenges such as temporary loss, high slippage, and rug pulls are also addressed by Lunex Network.

Lunex Network’s revenue share model attracts investors. Anyone who owns $LNEX tokens receives 18% of the platform’s annual profits. This encourages long-term investments and creates a sustainable ecosystem. With a deflationary model and a limited supply of 8 billion tokens, Lunex Network appeals to large investors.

For advanced traders, Lunex Pro offers live market data, custom trading methods, and increased execution speeds. All of these features are suitable for wholesale traders who need precise tools to manage their trades and portfolios.

Lunex Network has sold over $3 million of LNEX tokens at $0.0033 each in its ongoing presale. While other digital assets like Bitcoin and Dogwifhat are gaining momentum, Lunex Network stands out. Lunex Network’s multi-chain bridge and high liquidity position the company as a leader in the evolving DeFi space.

Further information about the Lunex Network (LNEX) can be found here:

Website: https://lunexnetwork.com

Social networks: https://linktr.ee/lunexnetwork

Post views: 818