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Cryptocurrency News Articles

Floki Launches Crypto Debit Card as Altcoins Market Heats Up with Lunex Network and Arbitrum Attracting Attention

Dec 12, 2024 at 07:00 pm

The crypto market is buzzing with innovation as Floki's new crypto debit card launches. This launch coincides with increased interest in altcoins, with Lunex Network and Arbitrum attracting attention for their rapid adoption rates.

Floki Launches Crypto Debit Card as Altcoins Market Heats Up with Lunex Network and Arbitrum Attracting Attention

Floki Launches Crypto Debit Card, Arbitrum Focuses on AI Tech

Floki (FLOKI) cryptocurrency has seen a 535% gain over the past year, despite recent volatility and a drop of over 80% from its all-time high. To enhance crypto spending, Floki has launched a debit card in 31 European countries. It can be used at any merchant accepting VISA or Mastercard, enabling seamless crypto payments.

Arbitrum (ARB) encountered resistance at $1.15, halting its rally as buyers faced challenges. The week began with a strong surge, but the price dropped to $0.89 before recovering to an intraday high of $1.09 and closing at $1.02. On December 4, bullish momentum boosted the price by almost 9%, reaching $1.13. However, selling pressure led to a slight decline to $1.10 on December 5.

As Arbitrum trades at $1.14, it attracts fresh buying interest as it tests the $1.15 resistance level. The network's flagship chain, Arbitrum One, has over $20 billion in total value locked (TVL). The Layer-2 blockchain is known for its focus on artificial intelligence (AI) and technological innovations.

Lunex Network Offers 50,000+ Assets to Swap on Mobile App

Lunex Network ($LNEX) provides a mobile exchange app for cryptocurrency traders to trade on the go. The app features a user-friendly interface, live market data, and the ability to swap over 50,000 assets instantly with low fees.

An asset tracker for cryptos, stocks, ETFs, and other financial commodities helps traders manage their portfolios and quickly assess their financial health, especially valuable for those with diverse investments.

Lunex Network also supports businesses and developers with unique solutions. Businesses can use its merchant payment gateway to accept cryptocurrencies easily, while developers have access to 65 RPC nodes to create scalable decentralized applications (dApps).

Currently priced at $0.0044, $LNEX tokens are attracting strong interest from traders and investors. With advanced trading tools, privacy-focused features, and innovative tokenomics, Lunex Network is poised for significant growth. Analysts predict a 1,800% value increase by launch, presenting a compelling opportunity in the decentralized finance (DeFi) space.

News source:bitcoinist.com

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Other articles published on Dec 12, 2024