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Cryptocurrency News Articles

Lunex Network (LNEX) Seen as a Presale Sensation With Huge Upside Potential

Dec 29, 2024 at 03:00 pm

While Ethereum (ETH) and Solana (SOL) are facing challenges, Lunex Network (LNEX) is making a name for itself.

Lunex Network (LNEX) Seen as a Presale Sensation With Huge Upside Potential

The crypto market is known for its volatility, and this time, Ethereum (ETH) and Solana (SOL) are facing significant losses. While some analysts like Crypto Caesar and Lucky have made bullish price predictions for these coins, traders are looking at other projects for better returns.

One project that has caught the attention of many experts is Lunex Network (LNEX). This new presale coin is making waves in the DeFi market, and with IBS Intelligence predicting that the DeFi market could be valued at $48 billion by 2031, LNEX is strategically positioning itself to capitalize on this growth. As a result, many market analysts are predicting a potential 3x surge for this DeFi coin in 2025.

Lunex Network (LNEX) Emerges as a Presale Sensation with Massive Upside Potential

As Ethereum (ETH) and Solana (SOL) struggle, Lunex Network (LNEX) is making a statement. It has already rewarded early buyers with a massive 300% return while raising over $5.5 million in its ongoing presale. Projections indicate that this number could reach $10 million before the month ends.

Interest in Lunex Network is high as it will introduce a non-custodial crypto exchange that connects all isolated blockchains. On this exchange, users will be able to trade a vast number of crypto coins across these blockchains at low costs and in complete privacy, thanks to the no sign-up KYC checks.

Those who want to support this promising DeFi project are now flocking to buy its native token, LNEX. Holding this DeFi crypto will entitle traders to governance voting rights and up to 18% APY in staking rewards. Currently, one LNEX is valued at only $0.0049. However, its presale price will increase on a three-day basis.

Furthermore, traders are waiting for a Tier-1 CEX like Uniswap to list LNEX, which could trigger a pump to $0.0216. This could easily make LNEX one of the top DeFi coins to buy.

Crypto Caesar: The Price of Ethereum (ETH) Will Explode Soon

Among the top crypto coins, Ethereum (ETH) has seen some volatility recently. CoinMarketCap shows that its value has dropped nearly 10% in the past week alone. The Ethereum price moved between $3,600 and nearly $3,300 in that period.

But, one market expert who remains bullish is Crypto Caesar. According to his recent X post, this altcoin will explode soon. He also put in a $5,000 price target, which has gotten many traders excited about Ethereum (ETH) right now.

TradingView data also shows some promising signs. The Ethereum crypto is now valued above its 100-day EMA of $3,209 and its 200-day EMA of $3,057. Due to all these reasons, ETH may rebound soon.

Solana (SOL) Price Dips, but Analyst Remains Bullish

Another altcoin that has been showing red price charts is Solana (SOL). On the one-month chart, the price of Solana has fallen from around $230 to $180. This amounts to nearly a 20% drop in just a few short weeks, as per CoinMarketCap.

However, crypto analyst Lucky remains bullish for Solana (SOL). In his recent X post, this crypto currency is now in a buying zone as its volume was higher than even ETH in November. Therefore, he anticipates a potential jump to around $400 or even $500 for SOL this cycle.

The technicals support this Solana price prediction. This altcoin is valued above its 200-day EMA ($175) as per TradingView. Due to all these factors, many traders are still excited about the long-term growth of the Solana coin.

News source:coinedition.com

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Other articles published on Jan 01, 2025