Powell’s ‘Digital Gold’ Bitcoin, Lunex And Dogecoin See Investors Benefit | File Photo
Crypto assets are on fire! Recent remarks by the US Federal Reserve Chairman, Jerome Powell, fuel the crypto market’s optimism. BTC inflow skyrocketed, recently hitting new highs after Powell named it the Digital Gold.
At the same time, Dogecoin has proven its resilience after clinching a new three-year high. Cool-off happened, but it’s and innovative DeFi protocol quietly making waves in presale. Read on to learn more.
Lunex Network: A Rising Crypto Revolutionizing Asset Management
Lunex Network is redefining DeFi. It offers a robust platform that simplifies asset management by aggregating diverse assets into one streamlined interface. This makes it easier for investors to monitor and manage their portfolios.
Lunex gives investors the tools they need to maximize their earnings. The LNEX token is currently priced at $0.0048 in its , and early investors have already seen impressive gains, with some reported increases of up to 300% from its original price of $0.0012.
As Lunex Network gears up for its official launch, experts are tipping it could see explosive growth to a cent amid growing demand. With over 2 billion tokens sold and $5.4 million raised, the project generates much interest. Many see Lunex as a major disruptor in the finance industry and a significant opportunity for those who get in early.
Powell declares Bitcoin “Digital Gold” BTC inflow soars to new heights
Powell’s recent interview with CNBC has stirred much more optimism and paved the way for more institutional interest in crypto. In the interview, Powell likened Bitcoin to “digital gold” and recognized it as a legitimate asset class. The remark gave BTC inflow a much-needed nudge to a new ATH after it broke six figures to a new $103,000 ATH.
The market response has been swift. Companies like MicroStrategy, Marathon, and Rumble have doubled their Bitcoin investments. BTC inflow saw an astonishing $2.1B uptick after MicroStrategy’s buying spree. Global ETP also saw a record-breaking $4B in BTC inflow in just a week in December.
Dogecoin news: DOGE cools off, $0 or $1 next?
Powell’s remarks have also rippled through the Dogecoin ecosystem. Recent Dogecoin news shows the meme king is seeing massive investor interest, with a remarkable 376% rally in 2024. After reaching a three-year high of $0.48, DOGE has cooled—a slight dip but still reflecting growth.
A recent whale transaction suggests potential turbulence. On-chain data reveals that a single investor moved over 112 million DOGE (worth $48.7 million) to Binance, signaling a possible sell-off. Yet optimism abounds. Analysts attribute DOGE’s rise to factors like Elon Musk’s ongoing endorsements and the impending launch of the US D.O.G.E., rumored to boost crypto visibility.
Conclusion
The cryptocurrency landscape is shifting. Bitcoin cemented its position as “Digital Gold,” Dogecoin rallied to multi-year highs, and Lunex Network emerged as a game-changing force in DeFi.
However, the star of the party has been the revolutionary Lunex Network and its transformative promises, which attracted $5.4 million and 300% presale growth. For savvy investors, the message is clear: whether you’re chasing the stability of BTC, the excitement of Dogecoin news, or the transformative promise of Lunex, now is the time to act.
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(Disclaimer: This is a syndicated feed. The article is not edited by the FPJ editorial team.)
