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Cryptocurrency News Articles

Chainlink and Polkadot Face Downturns, Lunex Network Presale Gains Momentum, Boosting Optimism for 2025

Jan 02, 2025 at 11:37 pm

As Chainlink and Polkadot face downturns, Lunex Network's presale gains momentum boosting optimism for 2025.

Chainlink and Polkadot Face Downturns, Lunex Network Presale Gains Momentum, Boosting Optimism for 2025

As Chainlink and Polkadot prices continue to fluctuate, Lunex Network's presale gains momentum with projections of reaching $1 in 2025. Here's an overview of the latest updates and analysis:

Chainlink (LINK) price projections vary among crypto analysts. While some, like TimeFreedom on X, predict a rally to $160 by Q4 of 2025 using the Elliott Wave Pattern, others remain skeptical. Despite facing technical resistance at $20, LINK's price is still above the 30, 50, and 200-day simple moving averages (SMAs).

Polkadot (DOT) prices have been consolidating after a downturn from early December highs. While some analysts, like Flash, anticipate a bottom at $5.35, others, like World Of Charts, still expect the altcoin to hold crucial areas for a move towards $30. Despite the recent price decline, Polkadot remains on the list of cryptocurrencies to watch in 2025.

Meanwhile, Lunex Network (LNEX) continues to attract attention with its Web3 DeFi crypto exchange. Designed for seamless crypto buying, selling, and swapping across multiple blockchains, LNEX is touted as the "next best thing to hit the crypto space in 2023." Unlike other exchanges, Lunex does not require third-party DeFi wallet connections or rigorous KYC processes.

With a goal of becoming the world's first community-backed crypto exchange, Lunex will also enable businesses to accept cryptos as a form of payment and convert them into fiat through the Lunex B2B payment gateway API. This move aims to address the challenges of cross-border payments faced by traders. At the mobile exchange, users can spot trade over 50k cryptos.

As part of its simplicity drive, Lunex also features a portfolio tracker for multiple assets and a unique DeFi crypto wallet that allows users to buy, sell, and swap cryptos from one account. Additionally, there is a revenue-sharing model to reward LNEX holders.

Currently in its presale phase, the LNEX token is priced at $0.0052, with early investors already seeing over 333% in profits. With over $5.6M raised in cryptocurrency ICO funding, the LNEX price is projected to hit $1 in 2025.

Both Chainlink and Polkadot are well-known cryptocurrencies that could set new records in the bull cycle. However, Lunex Network could be the "hottest newcomer to watch." The massive amount raised in such a short time showcases the growing confidence of investors in this DeFi coin.

With its mission of solving interoperability, privacy, and scalability issues, the Lunex trading exchange is bound to attract more investors, which could increase buying pressure on the LNEX token, making it one of the best DeFi coins to buy now.

To learn more about Lunex Network (LNEX), visit their Website, Telegram, or Twitter pages.

News source:crypto.news

Disclaimer:info@kdj.com

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