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Cryptocurrency News Articles
Lunex Network (LNEX) Stands Out in the DeFi Market
Oct 10, 2024 at 04:01 am
Lunex Network (LNEX) is a new DeFi protocol that could revolutionize crypto trading. Interest in it is sky-high as it will launch a non-custodial crypto exchange
Cryptocurrency projects are making headlines once again as the market shows signs of recovery. Among the latest projects to gain attention is Lunex Network (LNEX), a new decentralized finance (DeFi) protocol set to launch a non-custodial crypto exchange.
According to the latest crypto news, Lunex Network (LNEX) has already raised over $600K in less than a week during the second phase of its presale. Projections show that this number may reach $1.5M before the end of next week.
Meanwhile, Sui (SUI) and Cardano (ADA) have also seen some impressive gains recently. Keep reading to find out more about these three cryptocurrencies and what the future holds for them.
Lunex Network (LNEX) Stands Out in the DeFi Market
Lunex Network (LNEX) is a new DeFi protocol that could revolutionize crypto trading. Interest in it is sky-high as it will launch a non-custodial crypto exchange that lets people trade cryptos across many blockchains. This rare feature could cause millions of traders to gravitate to the Lunex Network.
Moreover, data leaks are a constant problem in the crypto exchange space, and Lunex Network aims to fix this. It will remove any sign-up KYC checks, meaning people will remain anonymous when trading. All these features have made support for this project skyrocket.
Its presale has already raised over $600K while giving early buyers a 9% return in less than a week. People are excited about the LNEX native token since those who hold it will get many perks. For instance, Lunex Network will take a percentage of its revenue to buy LNEX tokens and redistribute them to LNEX stakers.
It is now trading at $0.0013 in Stage 3 of its presale. But, experts predict another 18x rise after a Tier-1 CEX lists it soon.
Prominent Analyst Remains Bullish for Sui (SUI)
Another crypto that has seen some growth recently is Sui (SUI). CoinMarketCap data shows that the price of Sui jumped nearly 145% on the monthly chart. Currently, the Sui coin is trading between $0.76 and $1.80. Crypto analyst ElonTrades also made a bold prediction.
According to his X post, Sui (SUI) has the potential to surge to $16.94 soon. The technicals for the Sui crypto support this statement. Currently, Sui is trading above its 10-day EMA of $1.69 and its 50-day EMA of $1.23.
As a result, other market analysts are also optimistic. In their Sui price prediction, they forecast a potential jump to $2 before the end of October.
Tokenized Gold Debuts on Cardano (ADA)
Cardano (ADA) has also seen some exciting developments. Recently, the tokenization platform Finest launched tokenized gold on the Cardano network. They will have an initial cap of $150K for purchase with the ticker fGLD. This will let Cardano tap into the real-world asset tokenization trend that is now rising.
This Cardano news came when crypto rose on the price charts. Over the past month alone, the value of Cardano jumped nearly 10%. There is bullish momentum for the Cardano coin.
Because of this, experts predict a value of $0.45 in the next few weeks for Cardano (ADA).
What Lies Ahead for Lunex Network (LNEX), Sui (SUI) and Cardano (ADA)
The crypto market is bound to surge with the takeoff of Lunex Network (LNEX), Sui (SUI), and Cardano (ADA). In fact, certain analysts predict a potential 50x surge for Lunex Network as it may dominate the crypto trading market, which Statista predicts will hit $45B by 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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.
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