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Cryptocurrency News Articles
Lunex Network (LNEX) Could Leave DEX Competitors In The Dust As Cardano (ADA) and JasmyCoin (JASMY) Reclaim The Spotlight
Dec 12, 2024 at 12:30 pm
The bull run is ramping up and investors are shifting their focus from memes to utility-driven projects. After spending months on the sidelines, Cardano (ADA) and JasmyCoin (JASMY) have taken the spotlight with massive triple-digit surges.
Cardano (ADA) and JasmyCoin (JASMY) have both experienced impressive surges in recent times, grabbing the attention of investors. However, for those seeking substantial returns, lesser-known projects like Lunex Network (LNEX) might present more promising opportunities.
Cardano (ADA) Surges 205% As Real Rally Begins
Cardano (ADA) has made a grand reentry into the crypto top 10 with a 205% monthly surge, pushing its market cap to a new high of $42 billion. After forming a local top at $1.30, Cardano corrected and is now consolidating around $1.21.
But zooming out reveals that Cardano has barely moved. After starting the year at $0.45, ADA has doubled, but it is still down 70% from its all-time high. This shows that the Cardano rally is just beginning.
Cardano open interest has surged to 915 million ADA, roughly $1.1 billion, according to CoinGlass. Meanwhile, TapTools reveals that Cardano’s smart contract volume is set to cross the $4 billion mark.
JasmyCoin (JASMY) Retests Lower Levels As Buyers Emerge
After trading in a tight channel for months, JasmyCoin (JASMY) broke out of its range with a 150% monthly surge, driving its price to $0.059. After a natural sell-off, JasmyCoin pulled back and is now trading at $0.048 with a 4.8% intraday decrease.
But zooming out reveals that JasmyCoin has barely moved. After starting the year at $0.006, JASMY has increased by 7x, but it is still down 95% from its all-time high. This shows that the JasmyCoin rally is just beginning.
Investors are paying attention to JasmyCoin as it enters a strong uptrend, with active addresses surging by 91%, according to IntoTheBlock on-chain analysis. Steph Is Crypto, an analyst and trader, has highlighted a multi-year cup & handle formation on the JasmyCoin chart.
JasmyCoin is now breaking out of this pattern, and its next move could see it reclaim 2022 levels, with the first major target being $0.21.
Lunex Network (LNEX) Surges 2,000% In Presale
Lunex Network (LNEX) is not your average decentralized exchange. The protocol is fully non-custodial and enables near-instantaneous transactions across 50,000 assets. This translates to near-instant transfers across all major blockchains, including Bitcoin, Ethereum, and Solana.
To complete a transaction, users simply choose the crypto pair, enter the address, and confirm. This ensures a frictionless experience with lower waiting times and fees. To join, no KYC is required, and neither is a third-party wallet.
Furthermore, Lunex offers a unique portfolio tracker that enables effortless asset management across different classes, including crypto, stocks, and NFTs. This tracker includes built-in analytics and data feeds, keeping users up to speed with the market at all times.
Enterprises seeking to integrate crypto payments into their system without the technical expertise can do so through the Lunex Network B2B payment gateway API. This enables them to accept cryptocurrencies and have them instantly swapped for fiat.
Additionally, Lunex Network provides a passive income stream for holders of the LNEX token. Every week, the exchange will use a portion of its profits to buy LNEX on the open market. These tokens will then be distributed to users as staking rewards with up to 18% APY.
Thus far, the presale has raised over $4.6 million, with LNEX tokens available for just $0.0038. This is the ideal entry point for early buyers to join the winning side of the upcoming DEX revolution led by Lunex Network.
You can discover more about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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