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Cryptocurrency News Articles
Lunex Network (LNEX) Presale Attracts Investors from Aptos (APT) and Sei (SEI)
Dec 17, 2024 at 03:34 pm
While the bull run of November has cooled off, tokens like Aptos (APT) and Sei (SEI) are having it worse, with bearish pessimism undermining earlier bullish gains.
The bull run of November might have cooled off, but some tokens, like Aptos (APT) and Sei (SEI), have had it worse, with bearish pessimism undermining earlier bullish gains.
However, Lunex Network has continued its bullish momentum, attracting investors from APT and SEI. Lunex is still in crypto presale and is set to launch soon, with forecasts predicting a $0.1 launch price.
Heavyweight investors are committing to Lunex in its crypto presale because of its potential in the DeFi market. Aiming to enable access to over 40 blockchains and 50,000 tokens, the platform also aims to address pressing concerns like excessive fees and insufficient liquidity.
This platform is making it easier for users to optimize their trades across multiple exchanges, especially with its cross-chain transaction capability. Trading on Lunex is safe, and it happens in real time thanks to its advanced smart contract technology. One excellent example is its smart contract-backed aggregator, which seamlessly sources multiple DEX to obtain the best rates for its users.
Lunex looks ready to become a game-changer in the cryptocurrency industry by addressing the needs of big players seeking reliability and smaller businesses requiring sophisticated DeFi capabilities. Lunex has raised an astounding $5.2 million, with over 2.3 billion tokens already sold and a current price of $0.0044. The debut, according to experts, looks certain to experience a price spike.
Aptos (APT) has maintained a strong and persistently optimistic performance since its November bull run. According to experts, APT now has good fundamentals as new support formed after the recent $11.50 resistance level breach. APT maintains trade at $11.66, 44% below its ATH.
While trading volume in the last 24 hours increased by 161.58% to $869.18, its decline in market capitalization by 15.26% to $6.25 billion has concerned APT’s investors.
Crypto experts and analysts forecast that if APT surges over $20, it might smash APT’s all-time high of $19.90. Latest technical indicators also back up APT’s potential for a bull run. The problem is that investors have gone bearish on APT in the last week, its price declining by 18.19%.
SEI is in a similar position as APT. Despite SEI’s chart showing it grew by 20.19% to $0.5637, it’s also declined in the last week by 16%. SEI’s market cap has also declined by 11.29% to $2.25 billion despite increasing in trading volume per day by 158.18%, fueling speculations of selling pressures.
SEI is an innovative strategy for blockchain technology that aims to improve the efficiency and usability of decentralized exchanges (DEXes). SEI gives exchanges a leg up in the market by streamlining trade operations and is the first industry-specific Layer 1 blockchain.
SEI is designed specifically to handle the heavy traffic of DEXes, which play an essential role in the cryptocurrency ecosystem by allowing users to trade assets, NFTs, and in-game items.
Yet, like APT, SEI has had difficulties with selling pressure lately, leading holders to question its long-term value. With Lunex becoming the desirable investment hotshot this December, savvy investors should check out the crypto presale as soon as possible!
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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