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Cryptocurrency News Articles
BNB Bull from $200 Now Turning Attention to TRON and Lunex Network for the Next Major Upswing
Oct 12, 2024 at 09:00 am
A Binance (BNB) bull who invested in the altcoin when it was still around $200 is now turning attention to Tron (TRX) and Lunex Network (LNEX) as these altcoins present a similar potential to skyrocket soon.
The BNB bull, who prefers to remain anonymous, told Benzinga that early investors in BNB (BNB) have enjoyed massive profits, considering that the altcoin surged very remarkably since its debut.
“While TRON (TRX) displays a bullish structure with optimistic price movements, Lunex Network, which is still in the presale stage, presents a rare opportunity for investors to possibly witness what BNB (BNB) early investors witnessed,” the BNB bull added.
TRON (TRX) Price Chart Analysis
The TRON price rose over 3% from $0.153 to $0.159 over the past week. Originally generating sideways waves between $0.158 and $0.153, the TRON price finally saw an increase to the $0.162 mark where it ran into resistance.
TRON (TRX) began to dip once more as bearish momentum grew around that zone. Still, the TRON price chart shows that the altcoin increased by more than 4% during the past month. Though initially declining to $0.148, the price of TRON (TRX) was rejected around that support, and bullish momentum developed from then.
TRON (TRX) is now trading above the $0.158 mark. Technical indicators show, meanwhile, that the Oscillators and Moving Averages both show a bullish past week and month for TRON (TRX).
What Is Lunex Network (LNEX)?
Lunex Network is a non-custodial decentralized exchange that provides users with the ability to trade various cryptocurrencies with institutional-grade liquidity, without the need for external wallets or any personal information.
The LNEX utility token is currently available for purchase in stage 2 of the presale, priced at $0.0013. The token will be used for governance, trading fee discounts, and other benefits within the Lunex Network ecosystem.
Investors are flocking to the LNEX token presale, seeking to emulate the success of early BNB investors who have realized astronomical returns of over 490,000% ROI. With its promising DeFi solution and a team of experienced professionals, Lunex Network is positioned to drive significant value for token holders.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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