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DOGE Not Slowing Down Anytime Soon! XLM Price Rises, Drawing Investor Interest

DOGE Not Slowing Down Anytime Soon! XLM Price Rises, Drawing Investor Interest

Right after the US elections concluded, the global crypto market surged 12% in less than 24 hours. Tokens like Dogecoin (DOGE) continue to hold firm in the market with a renewed momentum. Meanwhile, Stellar (XLM) has recently seen a price uptick that sparked discussions on its future potential. As both assets draw attention, market participants are keen to understand what lies ahead or if there’s a better cashback offer lying in wait.

Dogecoin (DOGE) Unlocks Likely New Use Case Ahead of 2025

Over the past month, DOGE has surged 77% and is now on the verge of taking XRP’s position as the 7th largest cryptocurrency. This growth is largely attributed to Elon Musk’s posts hinting at a possible use case for DOGE in fixing the “upside down system that makes it hard for highly talented people to come to America legally.”

Currently, Dogecoin (DOGE) is trading above its moving averages, with 17 green days in the last 30 days. According to IntoTheBlock, DOGE has experienced a 133.78% increase in large transactions over $100,000 and a 71.54% increase in active DOGE addresses. Three months from press time, DOGE is projected to catapult 170% to $0.518 per token.

If history repeats itself with DOGE surging to 1.62 or 2.27 Fib levels, the doggo-themed token may register a $4 valuation in the first quarter of 2025. Further, DOGE has just completed the golden cross for the first time in 2024 but also for the third November in a row. A rare crypto pattern often translates to a one-of-a-kind rally.

XLM Price Increases As Coinbase Expands Offerings with New Futures

Coinbase Derivatives announced the introduction of new futures contracts for Stellar (XLM), expanding opportunities for traders in a regulated setting. By offering these contracts in retail sizes of 5,000 XLM tokens, Coinbase aims to overcome its hurdles and promote price discovery for traders of all levels.

While XLM hasn’t enjoyed the same ETF proposition as XRP or SOL, its utility provides a more predictable growth path for the project. The stability of XLM’s developments could appeal to investors who prefer calculated progress to speculative gains.

With over $2.88 billion in market capitalization, Stellar (XLM) has become a frequent name in DeFi and cross-border payment systems. The post-election rally supported the XLM price out of a downtrend to 1.87% increase from the past week. By year-end, oscillators predict XLM to increase 139% to $0.231 ahead of year-end.

Multiple Streams Of Income Only On Lunex Network

Lunex Network (LNEX) has gained attention with its lucrative staking option. Investors can earn up to 20% APY, which is a comfortable way to increase asset holdings. However, staking incentives are just the beginning, with the network gearing up for cashback offers that enhance the experience of managing and trading crypto on Lunex Network.

The easiest way to capitalize on Q4’s opportunities is the Lunex Network presale. With tokens going for as low as $0.002, it won’t be long before crypto enthusiasts complete their stakes on the best crypto to buy in 2024. After raising over $2 million in a short time, smart money is clearly aware that the current price is the lowest possible entry to this next-gen DeFi solution.

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

Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork


This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.


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