The last quarter has been exciting for the cryptocurrency space, as growth has surged across the board. Toncoin (TON) has been working to carve out a niche as a social currency with utility for content sharing. At the same time, Dogecoin (DOGE) has been publicly endorsed at a recent Trump rally, boosting its value by 10% immediately afterward. So, what price pattern are these assets likely to follow as 2024 comes to a close?
Toncoin surpasses the milestone of 1 billion dollars in USDT holdings
Toncoin (TON) has recently reached a significant milestone by surpassing 1 billion USDT in holdings, with a colossal increase over the last six months. This growth underscores the increasing adoption of the network and the competitive transaction fees associated with Toncoin (TON).
Despite this impressive growth in stablecoin holdings, the price of Toncoin has remained relatively stagnant. Toncoin is currently trading at just under $5, with a total market value of around $12.6 billion.
Toncoin (TON) has also been busy with its Telegram Stars initiative. Launched in June 2024, it allows users to purchase digital services within mini-apps. The 'stars' can be converted to Toncoin (TON) or used to promote social posts. This unique content-focused approach has given Toncoin a new angle in the DeFi space, expanding its utility.
Toncoin's ongoing efforts to improve scalability and integrate with various decentralized applications could drive growth and adoption in the future.
Dogecoin receives support at a Trump rally
Dogecoin (DOGE) has seen renewed interest due to its fervent community and the recent endorsement from Trump at a rally. The Dogecoin Foundation recently announced its plans to expand the utility of the network by integrating e-commerce. This strategic move aims to enable faster and more cost-effective transactions, potentially expanding Dogecoin's (DOGE) role as a practical medium of exchange.
Dogecoin (DOGE) has surged in the market, recording a price increase of 120% this month and reaching its highest value since September 29. Investor sentiment remains optimistic, with many expecting further upward momentum as technical advancements continue.
The Dogecoin development team has also released Dogecoin Core 1.14.8, an update that improves network performance and security measures. This version has introduced enhancements in tracking transaction requests and managing orphan transactions, allowing for more efficient data processing.
The update also reduced data that could hinder performance, optimizing the overall efficiency of the network. These improvements reflect Dogecoin's commitment to evolving its infrastructure, ensuring a more robust and reliable platform for both users and developers.
Lunex Network ($LNEX) impresses investors with its perfect interoperability
Lunex Network ($LNEX) is a modern decentralized financial protocol focused on operational efficiency, cross-chain compatibility, and user privacy. It offers tools for developers, businesses, and investors, including a mobile app and a wallet tracker.
The platform shares 18% of its profits through revenue sharing with holders of native tokens. With phase 5 of the Lunex Network ($LNEX) presale currently ongoing, $LNEX tokens are available at a discounted price of just $0.002.
Market analysts anticipate an explosive 1800% increase in the value of the native token before the official launch, making Lunex Network ($LNEX) an enticing proposition for early investors.