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Cryptocurrency News Articles
Crypto whales are raking in Lunex tokens before the presale ends. Here's why
Nov 19, 2024 at 04:00 pm
Crypto whales are always lurking in the depths of the crypto market, looking for sumptuous opportunities to sink their teeth in. This time around, they're flocking to Kaspa, Avalanche, and Lunex Network – three projects that offer decent investment rewards.
Crypto whales are known to be on the constant lookout for the most promising investment opportunities within the vast crypto market. Their recent collective interest has been piqued by Kaspa, Avalanche, and Lunex Network, three projects that have been generating a lot of buzz.
According to our sources, crypto whales have been accumulating these coins due to their potential for offering substantial returns. Here's a closer look at each project and why it has caught the attention of these whales.
Lunex Presale Impresses Crypto Experts
Lunex, an exchange token, has garnered significant attention owing to its impressive performance during the presale. Launched a little over a month ago, Lunex has already managed to raise over $2.5 million, with 1.5 million tokens sold thus far. Investors continue to flock to the presale, which is currently offering the tokens at a rate of $0.0026 each.
But what exactly is Lunex Network and what does it do?
Lunex Network is a next-generation DeFI crypto exchange that facilitates the instant purchase and sale of crypto assets. It boasts of being non-custodial for added security and offering over 50,000 trading pairs across 40 different blockchain networks.
Furthermore, Lunex Network is able to provide the best possible exchange rates through its cutting-edge aggregation protocol. Despite still being in the presale phase, anyone can stake LNEX and earn up to 18% APY. Stakers also receive a portion of the exchange's fee revenue, making it an incredibly enticing platform for both DeFi traders and institutional crypto entities.
This is why crypto whales are quickly snapping up Lunex tokens before the presale concludes. Its potential for growth is massive, and experts anticipate a rally that could lead to multiple hundredfold gains for early investors.
AVAX Price Surges towards $50
In line with the broader market trends, AVAX's price has experienced a sharp ascent, breaking through a key resistance level at $30. Over the past week, AVAX price reached a high of $37, driven by Donald Trump's election victory and interest from institutional corporations.
Recently, the Avalanche Foundation also purchased 1.97 million AVAX tokens from the open market, a buyback strategy that further bolstered AVAX's bullish outlook.
Word has it that institutional allocators, crypto whales, and other market participants have been increasing their AVAX allocations. As a result, crypto analysts believe AVAX could rally towards $50 and possibly even breach previous record highs.
Kaspa Presents a New Opportunity to Buy Low
Unlike its counterparts, Kaspa has experienced several depreciations in recent weeks. KAS was briefly propped up by the US elections but quickly lost all the gains it made. The only reason crypto whales might be interested in KAS is the chance it presents to “buy low” in order to “sell high” later on.
Hence, unless it drops further down, KAS is unlikely to see much action. In the past, volatility has dealt severe blows to KAS. As a result, it is primarily appealing for arbitrage trading. Those who purchased KAS at a low price frequently dump it as soon as it begins to rise.
Don't Let Lunex Network Pass You By
Many people reflect on having missed out on Bitcoin and Ethereum before they exploded, but when a crypto gem like Lunex Network emerges, they tend to overlook it. As a consequence, they also missed out on Solana, Dogecoin, and a slew of other top tokens that brought early investors astronomical returns. Lunex Network is the newest crypto gem; don't let it slip away.
You can learn more about Lunex Network (LNEX) by visiting the following links:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
*This article was paid for. Cryptonomist did not write the article or test the platform.
Disclaimer:info@kdj.com
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