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Cryptocurrency News Articles
Lunex Network (LNEX): The Rising Crypto Star That Looks More Attractive than TAO and RENDER to Crypto Investors
Dec 19, 2024 at 02:30 am
Operating in a subsection of the crypto market, Lunex Network is primed for greatness and is highly rated by veteran crypto experts.
Crypto projects Render and Bittensor are considered frontrunners in a small sector of the crypto industry. They aren’t as big as Solanas and Cardanos, but they are facing competition from a rising crypto token called Lunex Network.
Operating in a subsection of the crypto market, Lunex Network is getting a lot of attention from veteran crypto experts. Here's why Lunex looks more attractive than TAO and RENDER to crypto investors.
A rising crypto star in the DeFi world
RENDER is a frontrunner in the world of decentralized GPU, and Bittensor is pioneering the decentralized production of artificial intelligence. Lunex Network is revolutionizing how crypto swaps are carried out.
A hybrid Web3 exchange, Lunex offers DeFi traders interoperability, meaning they can swap crypto assets across multiple blockchain ecosystems. Over 50,000 trading pairs are available across 40 different networks on Lunex Network, and its aggregation protocol ensures that traders get the cheapest rates possible.
This groundbreaking ability is complemented by a non-custodial operation mode, easy UI, deflationary tokenomics, and a generous revenue sharing model. These features are attractive to the modern-day investor, and that is why it is a fast-rising crypto token in the exchanges’ niche.
Those who realize the size of Lunex’s potential are rushing to its presale. Available for $0.0046, it has raised an astonishing $5.2 million from investors. Its current price represents a 283% increase from its debut, and LNEX is billed to rise by at least 1,800% before its presale ends.
Render price finally gains the traction it desperately craves
Operating as a decentralized GPU provider, a pretty new niche in a widely prejudiced cryptocurrency industry, can be a tough task. That is probably why RENDER price struggled for the first four years of Render’s existence.
In 2024 though, RENDER seems to have found its feet. RENDER price appreciated decently this year, hitting an all-time high of around $13. Render’s daily volume is also in the billions, and there’s optimism that RENDER will kick on from here onwards.
How Bittensor alienates retail crypto investors
Bittensor launched much later than RENDER, but it doesn’t seem welcoming to retail crypto investors. TAO debuted at a price over $50 last year and is currently trading well over $500. These aren’t exactly affordable entry price levels, so the average investor has learned to stay away from it.
The project’s allure lies in its promise of merging blockchain with artificial intelligence. Since AI is still hot right now, Bittensor has only attracted those willing to look past its price level. Should TAO fail to push out a product in the near future, its price would likely crash.
Conclusion
Even though it operates in a new but promising section of the crypto market, Bittensor doesn’t look appealing to retail investors. Most investors are warming up to Render given its price action and friendlier entry level, and they’re hot on Lunex Network after its presale success.
Lunex Network is the rising crypto project that no one would like to miss out on. It has an extremely attractive use case and the token is doing numbers right now. Join the Lunex presale and rake in massive profits when it hits the limelight.
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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