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Cryptocurrency News Articles

Lunex Network Restores Faith in DeFi as Crypto Whales Join Its Presale

Nov 23, 2024 at 02:30 pm

Decentralized finance is revolutionizing the world as we know it. Thanks to DEXs and AMM protocols, anyone can trade or swap digital assets on a completely non-custodial platform while retaining control over the assets.

Lunex Network Restores Faith in DeFi as Crypto Whales Join Its Presale

Crypto whales are filling up their bags with TRX, TON, and LNEX after analysts predicted a bullish outcome in the near future. Toncoin’s TON hit its ATH this year as the TON price peaked at $8.25. While the current TON price shows a 34% dip, analysts are expecting a bullish resurgence with $10 as the next target.

Tron’s TRX is also getting more popular among crypto whales as the Tron network occasionally outperforms Ethereum’s stablecoin volume. Tron’s TRX is already surging, with a notable 36% uptick in the last 30 days.

Meanwhile, Lunex Network’s ongoing presale has attracted crypto whales from all over, as they have raised over $3 million. Currently, the LNEX token is priced at $0.0031, and expert analysts are anticipating further upside for LNEX, especially when it launches. Lunex Network is introducing a multi-chain bridge with deep liquidity that could solve most of the challenges faced by today’s DeFi traders.

Lunex Network restores faith in DeFi as crypto whales join its presale

Decentralized finance is revolutionizing the world as we know it. Thanks to DEXs and AMM protocols, anyone can trade or swap digital assets on a completely non-custodial platform while retaining control over the assets. Yield farms and staking programs also make it easy for users to access products similar to traditional finance but on-chain.

However, most DEXs are complex and hard for regular users to navigate. Lunex Network offers a revolutionary hybrid multi-chain bridge that offers a simple DEX as well as an aggregator with a difference. With Lunex Network, every trade is split into multiple transactions, and the platform’s aggregator seeks the most readily available liquidity, thus facilitating speedy trades at low costs.

Security is a top priority, and Lunex Network deploys non-custodial wallets where all you need is your receiving address without the need for complex wallet connections. In addition, LNEX holders can enjoy passive income even during the presale, thanks to Lunex Network’s stalking program.

Tron’s TRX registers record high stablecoin transactions

Crypto whales are accumulating more TRX. After a meteoric price surge to a peak of $0.3 in 2018, TRX is retesting its 7-year ATH with a recent uptick that has seen TRX price settle at $0.2. With over 80% of holders predicting a bullish outcome, not to mention Tron’s increasing popularity for stablecoin transactions, analysts are expecting an uptick that could set TRX on a new ATH.

Toncoin takes on a cross-chain bet worth $5 million

Toncoin’s network now contributes to 6.20% of the traffic across the blockchain ecosystem. Toncoin is outperforming DeFi giants such as BNB chain, Sui, Avalanche, and even Bitcoin as more users prefer its network’s speed and efficiency. Compared to Tron’s price, Toncoin’s TON is consolidating after a rebound from its ATH of $8.25 in June this year. Can TON resume its bullish momentum this cycle?

Conclusion

Tron price is taking off, and crypto whales are overpowering the bears as analysts predict $0.25 will be the next price target. Toncoin’s TON is also set to surge in the long term, but a price consolidation could cause prices to stagnate in the short term. Most importantly, Lunex Network’s LNEX token is the talk of the town as its presale offers more upside.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

News source:timestabloid.com

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Other articles published on Nov 23, 2024