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Cryptocurrency News Articles
BONK Solana Meme Coin Bounces Back with Renewed Vigor While SEI Coin Soars Over 5% MoM
Oct 07, 2024 at 03:45 pm
The crypto market is rarely dull! Even by its standards, things are heating up. Solana meme coin BONK is bouncing back with renewed vigor
The cryptocurrency market is rarely dull, but even by its standards, things are heating up.
Solana meme coin BONK is bouncing back with renewed vigor, while the once-forgotten SEI coin soared over 50% MoM.
Amid this flurry of activity, an emerging crypto exchange is blazing a trail to change the DeFi status quo with its innovative fiat-to-crypto AMM DEX platform that paves the way for a seamless, secure and user-friendly DeFi. But what sets this DeFi crypto exchange apart? Let’s find out.
BONK Solana meme coin bounces off the critical level. Signs of a strong reality ahead?
BONK staged a comeback after bouncing off a critical level and showing signs of a potential rally. After a four-month rally, the BONK Solana meme coin found support near a recent yearly low at $0.000014 and went up over 20% to a monthly high above $0.000026.
Technical indicators are flashing green, and BONK’s trading volume has exploded by double-digit percent in the last week alone. Short sellers are already feeling the heat of the BONK’s confidence growth after $126.59K in short liquidations was recorded recently. Analysts are even predicting a potential 70% pump to BONK’s all-time high from its current price of $0.000019.
SEI soars 50% MoM. Time to HODL or sell?
SEI’s price also had an excellent month after adding 50% MoM while other altcoins were reeling. SEI price’s recent performance has continued to pique everyone’s attention, especially as TVL doubled to a record high at $217.5M and price edged close to yearly ATH.
The soaring trading volume, chart-dominating positions and surging open interest that SEI price has recently experienced fuel this rally. This could only mean that high rollers are betting heavily on SEI’s sector-specific layer, one parallelized EVM execution layer. Even analysts predict an 80% chance of SEI sustaining an upward trajectory from its current $0.38 price.
Lunex Network crypto exchange’s innovative fiat-to-crypto solution disrupts DeFi
The Uptober hype means the crypto market may be rolling into another bull run. It’s probably a tricky moment, especially for the thousands of investors who are still dealing with the nightmares of FTX, 3AC, Celcius, and Terra Luna falling the last time they dared join the bull hype.
But here’s the thing: crypto is still fundamentally sound, and DeFi remains largely unaffected by the recent CEX blowups. In fact, several projects are still quietly rolling out new solutions to further enhance DeFi.
One such project is Lunex Network (LNEX), a new crypto exchange that’s taking a refreshing approach to DeFi. Its fiat-to-crypto AMM DEX solution aims to revolutionize the way users interact with decentralized finance.
With Lunex’s fiat-to-crypto AMM DEX, users can now swap fiat to crypto directly on-chain, opening up a world of possibilities. Whether you’re looking to quickly capitalize on market movements or seeking to dollar-cost average into crypto, Lunex has got you covered.
Powered by the Enclave protocol, a smart contract-driven solution, Lunex’s fiat-to-crypto swaps are designed to be efficient, secure and fully decentralized. This multi-chain DEX also boasts an automated market maker (AMM) model that ensures optimal liquidity and minimal slippage.
Together, these elements create a seamless and user-friendly DeFi experience, making it accessible to both beginners and experienced traders alike.
Beyond its innovative fiat-to-crypto solution, Lunex also offers a comprehensive suite of DeFi services. These include staking, yield farming and a revenue share program that rewards users for their contribution to the ecosystem.
Currently, LNEX is available at a starting price of $0.0013 during its second ICO stage, following a rapid sell-out during the first stage that saw over $300K raised in just three days. With a total supply of 100B tokens, the price is set to increase gradually throughout the remaining ICO stages.
Those interested in joining Lunex’s mission to revolutionize DeFi and generate passive income can participate in the ongoing ICO by visiting the Lunex Network website.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social links: https://linktr.ee/lunexnetwork
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- Dogwifhat (WIF) and Cutoshi (CUTO): Two Meme Coins with Great Potential in Q4 of 2024
- Oct 07, 2024 at 06:20 pm
- The meme coin market is the biggest gainer of 2024 and analysts have recently highlighted Dogiwfhat (WIF) and Cutoshi (CUTO) as two of the best meme coins with great potential in Q4 of 2024.
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- $APT to See a Staggering $993M in Big Token Cliff Unlocks From October 8 to 14
- Oct 07, 2024 at 06:20 pm
- A major wave of crypto token unlocks is to take place from October 8 to October 14. As per the data from TokenUnlocks, the token unlocks will account for up to $451M, including $WLD, $TAIKO, $OP, $SOL, $APT, and so on.
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- Binance Enhances Global Presence with Regulatory Win in Argentina
- Oct 07, 2024 at 06:20 pm
- Binance has marked a significant achievement in its global expansion by securing regulatory approval in Argentina. This approval, which represents the 20th regulatory milestone for Binance, is a pivotal development in its ongoing effort to align with global compliance standards.
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- New £1 coin error could be worth thousands, TikTok user @coincollectingwizard explains
- Oct 07, 2024 at 06:20 pm
- The £1 piece has been spotted by online coin enthusiasts after they entered circulation in August. Three million of the “bee” £1 coins have made their way into tills and into our pockets since then. However, a version with an error was also entered into circulation, and experts think it could be worth thousands.