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Cryptocurrency News Articles
Lunex Network (LNEX) Might Still Be in Its Presale Phase, but It Is Already Showing 100x Potential
Oct 04, 2024 at 05:00 pm
With an innovative strategy to combine isolated blockchain networks on a single non-custodial exchange, Lunex Network is setting itself up for massive gains in 2025.
Ripple’s (XRP) application for an ETF with the state of Delaware has recently been revealed by Bitwise. However, the SEC may choose to block XRP ETFs due to their ongoing legal battle with XRP developers Ripple.
Despite Ripple’s attempt to secure an ETF, XRP’s price has taken a bearish turn as the SEC filed an appeal against the recent court ruling in favor of Ripple. Following this news, XRP’s price has dropped to $0.5188, marking an 11.75% intra-day decrease.
As XRP’s volume has also increased by 8.49% over the last 24 hours, investors appear to be selling out before Ripple encounters further legal troubles.
However, Lunex Network’s (LNEX) DeFi exchange is generating buzz with its potential for a 100x rally on launch day. This platform combines isolated blockchain networks on a single non-custodial exchange.
Lunex Network’s presale stage 1 sold out in less than 72 hours, leading analysts to anticipate further bullish rallies for the platform’s native $LNEX token throughout Q4.
Designed to enhance user experience, Lunex Network’s platform features no KYC checks and complete transparency on every transaction. Traders can effortlessly swap or exchange over 50,000 crypto pairs that operate on different blockchains without disclosing any private information.
To top it off, Lunex Network processes all transactions through smart contracts, eliminating the use of automated market makers. This not only makes each trade slippage-free but also ensures lightning-fast transaction speeds and minimal costs.
Moreover, Lunex Network boasts an exclusive non-custodial crypto wallet. Traders can store, buy, swap, or stake cryptos on 40+ compatible blockchain networks while maintaining their anonymity.
Funds are stored on the trader’s device, allowing them to maintain complete control of their assets from one platform.
While Lunex Network’s native $LNEX powers the DeFi exchange ecosystem, it also functions as an independent utility token on the open market. By holding LNEX tokens, traders can generate a consistent passive income through attractive rewards and high APYs.
As Lunex Network generates revenue from multiple streams, it reinvests its profits to purchase LNEX and distribute them to stakers as rewards with up to 18% APY.
With this buyback mechanism increasing LNEX’s demand and the supply hard cap of 8 billion tokens, Lunex Network’s tokenomics are set to remain deflationary over time.
For a limited period, Lunex Network is offering presale tokens at a low price of only $0.0013 each. As analysts are projecting a massive 1800% surge in LNEX’s price before the end of its presale, Lunex Network is expected to hit a new all-time high within the next two weeks.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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!
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