Lunex Network (LNEX) Presale Raises Over $1.8 Million, Targeting the DEX Crown

Lunex Network is a new decentralized exchange and thanks to its unique offering it could set a new standard in the space.

Pepe (PEPE) and Sui (SUI)鏽東方塊(SUI) both had a good run in 2024, making headlines and attracting investors’ attention. However, a new emerging project might outpace them by boasting a novel DEX framework. Here’s why Lunex Network has acquired over $1.8 million during its ongoing presale and might become one of 2024’s top plays.

Pepe Retests Support, Set For Another Leg Up?

Pepe (PEPE) has gained massive traction over the past year and a half as it rose by more than 100x, minting many millionaires along the way. At $3.48 billion in market cap, Pepe is the third-largest meme coin, trailing Shiba Inu and Doge. As market uncertainty took over last week, the Pepe price slid by 12.3%, settling around the $0.0000082 mark.

At this level, Pepe’s volume has surged by 36%, with over $600 million in PEPE changing hands in the last 24 hours. In other news, just a few days ago, Pepe became the first meme coin to officially enter the Japanese market. BITPoint Japan is now offering spot trading and lending for Pepe. This is a bullish development not just for Pepe, but for meme coins in general as it consolidates their status as a viable investment.

Sui Consolidates On Lower Levels After Run To ATH

Sui (SUI) has been on a roll as of late, outpacing most major Layer 1s and cementing itself as one of the top contenders in the space. Sui saw net inflows of more than $24.3 million over the last few days, vastly surpassing both Ethereum and Solana, which respectively recorded $10 million and $9.7 million, according to a Mysten Labs report. Moreover, Sui’s Total Value Locked (TVL) rose to a peak of $1.07 billion, a massive increase from the $300 million in August.

At press time, Sui sells for $1.88 with a 2.9% intraday increase. Sui has been consolidating around this level after retracing from the $2.36 all-time high.

Lunex Network Wants The DEX Crown

Lunex Network is a new decentralized exchange, and thanks to its unique offering, it could set a new standard in the space. Starting with the basics, Lunex Network brings together isolated blockchains and offers instant, low-cost swaps.

In a world where personal data is commodified, Lunex Network prioritizes the privacy and safety of its community. Users will be able to invest and trade across multiple blockchains without having to fill out a KYC verification or connect third-party wallets like TrustWallet. Users can just select the crypto pair, input a receiving address, and confirm the transaction.

To incentivize adoption and long-term holding, Lunex Network has developed a generous revenue-sharing mechanism that will reward users who stake the $LNEX token on the platform. To sustain this model, the exchange will redistribute a portion of its weekly earnings to holders of the $LNEX token, creating a passive income stream for up to 18% APY.

As attractive as these features are, Lunex Network’s utility extends beyond it being a simple decentralized exchange. Lunex Network is designed to serve both individual and institutional investors. Businesses will have access to a B2B payment gateway API that will allow them to accept crypto payments with zero friction and have them instantly converted into fiat money at the most advantageous rate.

With $LNEX priced at just $0.0019, early buyers have the amazing opportunity of participating in a moon mission for the ages. Stage 5 of the presale is live and an 18x rally is expected by the end of the event. Once $LNEX hits the markets and listings on major exchanges are finalized a gigantic 200x could be on the cards!

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork