In the past months, data from Lookonchain has proven how smart whales made a fortune buying undervalued coins. Ahead of the upcoming market rally, Some under $1 coins attracting interest from investors are Lunex Network, Dogecoin, and Cardano.
While many are familiar with Cardano and Dogecoin tokens, Lunex Network is new and now at stage 4 of its presale. Early adopters of the Lunex Network tokens have already made 58% ROI. As the next-gen DeFi exchange, there are high expectations of the LNEX token surging by as high as 600% in presale and 2000% once listed on exchanges.
Lunex Network: The Future of Web3 Blockchain Technology
Lunex Network (LNEX) is an emerging DeFi project that is set to revolutionize the $62B DeFi industry. As a next-gen DeFi exchange, Lunex Network will facilitate cross-chain payments, allowing the anonymous swapping of digital assets. It also provides better institutional liquidity than other trading exchanges.
The robust Lunex Network ecosystem is seen as one factor driving the token’s adoption. Within a few days of its launch, Lunex Network has already raised over $1.3M, with $2M targeted before the end of October. At $0.0017, now might be the best time to invest in the LNEX token, which is projected to hit 100x in the coming months.
Notably, the Lunex Network staking pool is active, giving investors the opportunity to stake the tokens for as little as 30 days and earn up to 18% in APY rewards. To prevent an event of a rug pool, the liquidity pool will be locked for 24 months. The platform supports multicurrency staking, allowing users to stake Bitcoin, Ethereum, etc.
At the mobile exchange, users have access to over 50,000 crypto trading pairs. Unlike other exchanges, the Lunex Network portfolio tracker is designed to allow investors to track multiple assets. Given all these features and more, the LNEX token is expected to follow the trajectory of the BNB ICO, which surged by over 1000% in the first four months of its listing.
Dogecoin: An Open Source Cryptocurrency with Huge Social Media Appeal
Dogecoin (DOGE) is known globally for its blend of humor and fun. It was designed to copy Bitcoin but has evolved to become very popular. Dogecoin has a vast social media presence, which includes developers, content creators, and traders .
Based on the Litecoin blockchain, Dogecoin uses the proof-of-work model. Unlike Bitcoin, the Dogecoin token has no maximum supply, with miners getting 10k $DOGE per block. Most Dogecoin holders use the token for tips and raising funds for social causes.
Meanwhile, Dogecoin’s price chart from CoinMarketCap shows the coin price has risen by 18% in the past month. The Dogecoin chart from Tradingview also suggests the memecoin is nearing the resistance level of $0.138792. A break above the mark could push the price up. With the rising market activity, Dogecoin’s current move suggests it could surge in the coming days.
Cardano: An Innovative Blockchain Platform With Scalability Solutions
Cardano (ADA) uses its Proof of Stake protocol to improve the speed of all transactions and guarantee low gas fees on its network. Another major feature of the Cardano ecosystem is the ‘Hard Fork combinator’. The function of this is to allow uninterrupted hard forks without issues on the network.
What drives the Cardano network is the $ADA native token. This token can be used to pay for transactions and staking functions. There are staking pools Cardano users can take advantage of to increase their investment. Although the Cardano price has dropped below the major $0.40 support zone, a reversal is expected based on the rising market activity.
However, the technical analysis from Tradingview shows a different view. Cardano is currently trading below the 50-day and 200-day SMA, a bearish signal. The market sentiment is neutral as it struggles to maintain the $0.34 support zone. Crypto analyst Crypto Yapper thinks that once Cardano breaks bullish, it will target the $0.52 mark.
Which Cryptocurrencies Under $1 Are Worth Buying Now?
Buying undervalued coins under $1 is a good way to make money from crypto investment. Based on market trends and growth potential, Lunex Network, Dogecoin, and Cardano are some cheap coins that could make nice additions to your wallet. With the strong use case in the ecosystem such as the profit-sharing model, LNEX is expected to set a new record soon.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex Network
Socials: Join Lunex’s Growing Community
