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The race for a top 10 spot in the crypto market is heating up and cryptocurrencies have begun surging in October. Among these cryptocurrencies looking to join the likes of Dogecoin is Monero, and analysts have set lofty targets for it that could see it finally take a place among the top 10 ranked cryptocurrencies.
However, Monero may not make it in time, as these experts have shown confidence that Lunex Network might beat it to that top ten spot. Here's why they think so:
Lunex Network Is quickly becoming a household name in the crypto world because of its long list of amazing features, community-first approach, and massive growth potential. Experts believe it won't be long before Lunex Network Is among the top 10 ranked cryptocurrencies, and there are many reasons why it can achieve this feat quickly.
Lunex Network offers features that set it apart from the broader market. It solves the biggest problems faced by centralized crypto exchanges like Binance and is a champion of full decentralization. With over 50,000 multi-chain trading pairs, Lunex Network could become the biggest exchange in the market.
Additionally, investors can provide liquidity to the exchange or stake their tokens to receive massive returns. Lunex Network is currently in stage three of its presale with LNEX tokens flying off the shelf at the heavily discounted price of $0.0015. Lunex Network has captured the attention of the entire market, and raised over $870,000 in a short period. At this rate, Lunex Network's rise to a top ten spot will be studied by future cryptocurrencies.
After a year full of struggles, the Monero price has sprung back to life and is slowly building its way back up. Monero opened 2024 around $165, but after struggling for some time, fell to a 2024 low of $101.14 on February 6. XMR attempted a resurgence in March, but this was cut short as Binance delisted the digital asset.
However, the Monero price has refused to stay down, and built itself up gradually, eventually creating a new 2024 peak of over $180 in June. XMR is up almost 8% over the past week, and analysts are confident that a top-ten spot is still possible for this cryptocurrency.
Unlike Monero, Dogecoin investors don't have to worry, as the meme coin has remained among the top ten cryptocurrencies for a long time, and remains the biggest meme coin in the market. Shiba Inu, another prominent meme coin, tried to challenge Dogecoin in March, rising to the number 10 spot while Dogecoin was ranked number 9.
However, Dogecoin won that battle and has remained firmly on top. Dogecoin has also performed spectacularly recently, cementing its top ten position with a massive 27% rise over the past month.
The race is on, and Lunex Network is the top pick to reach the top ten first. This new digital asset might even challenge Dogecoin and potentially surpass it. Although Monero investors would be happy with any spot in the top 10, Lunex Network is aiming for the top.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
