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Cryptocurrency News Articles
Lunex Network (LNEX) Redefines Trading with New DeFi Exchange
Oct 25, 2024 at 01:57 am
Lunex Network (LNEX) is emerging as a powerful force in the crypto DeFi exchanges space as it soars through its explosive presale.
Solana (SOL) had a rough last week, but it’s now showing signs of a bullish comeback. However, savvy traders are switching to Lunex Network’s viral presale which has already raised more than $1,270,000 USDT in record time.
Solana (SOL) enjoyed a bullish H1 2023, but the token has faced significant selling pressure over the last seven days. As a result, Solana is now trading below critical support, and analysts had projected steeper declines in Q4. However, one renowned analyst still believes Solana could reach $330 before 2025, thanks to some key developments in the Solana ecosystem.
Solana Price Analysis
Solana began the week in a bearish trend, spending the last seven days in the red zone. As a result, Solana’s price is now down by 5.58%, leading to steeper declines in Q4. However, one renowned analyst believes Solana could breach its critical resistance and reach $330 by the end of Q4. Due to this bullish prediction, investors are regaining interest in Solana as the token’s volume has increased by 110% over the last 24 hours.
After opening the day at a low price of $146.03, Solana encountered some buying pressure which pushed the token up to an intraday high of $148.13. At the time of writing, Solana is trading hands at $147.14 after a 1.91% intraday increase.
Solana price still appears to be regaining bullish momentum in Q4 after the recent release of Frankendancer and the upcoming Firedancer which is set to be released in 2025. If Solana can break above its 200-day SMA at $153.03 soon, we could see Solana’s price surge up to the $169.36 resistance in the next few weeks.
Lunex Network (LNEX) Redefines Trading with New DeFi Exchange
While Solana’s bullish momentum is gaining steam, emerging crypto projects like Lunex Network (LNEX) are also attracting a lot of attention in the crypto community. This state-of-the-art protocol is emerging as a powerful force in the crypto DeFi exchanges space as it soars through its explosive presale.
Lunex Network (LNEX) is a next-generation decentralized exchange that combines the best features of both centralized and decentralized exchanges. With Lunex Network, traders can enjoy the benefits of a user-friendly interface, fast transaction speeds, and low gas fees, all while maintaining the security and privacy of a decentralized exchange.
This cutting-edge protocol makes use of the most advanced blockchain technologies to offer a variety of interesting perks to traders. Even loyal Solana users are now switching to Lunex Network due to its unmatched interoperability features, smart contracts, and more than 50,000 compatible crypto pairs.
The biggest reason why Lunex Network is gaining traction is the platform’s commitment to bringing trust and privacy back to crypto trading. Unlike most centralized exchanges, Lunex Network has a robust no-KYC policy that allows traders to maintain their anonymity while trading. Even high-profile investors who need to keep their identity a secret due to business reasons are rapidly switching to Lunex Network’s viral exchange.
The best part about trading on Lunex Network is the lightning-fast transaction speeds and lowest gas fees in the market. By using smart contracts to split trades across various networks, Lunex Network sources liquidity from different chains and gives traders the lowest possible transaction cost on every trade. To make things even better, Lunex Network is simplifying the entire trading experience with its incredibly easy to use UI. With Lunex Network’s mobile exchange, traders can simply select a crypto pair to swap, enter a recipient wallet address, and make a deposit using the generated QR code. After this quick process, traders can receive their new tokens in a matter of minutes.
Although Lunex Network is still in the fourth stage of its presale, LNEX tokens are selling out fast. Since Lunex Network has already managed to raise more than 1,270,000 USDT in record time, analysts are tipping at a massive 1800% price surge as more traders are expected to jump ship to Lunex Network ahead of the upcoming bull run.
For now, LNEX tokens are selling for a surprisingly low price of only $0.0017 each, making it an ideal investment opportunity for savvy traders who are looking for big gains.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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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