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Cryptocurrency News Articles
Lunex Network: A Revolutionary DEX Protocol Offering 100x Returns Potential
Nov 22, 2024 at 11:31 pm
While the broader market witnessed a notable upward movement, Binance Coin (BNB) experienced a decline in value. Per CoinMarketCap data, BNB price has fallen below the $625 mark
While the broader market experienced a significant uptick, Binance Coin (BNB) price fell below the $625 mark due to broader market trends, where fluctuations are common and are impacted by regulatory developments and macroeconomic conditions, as reported by CoinMarketCap.
This recent drop has sparked speculation on the token’s prospects as BNB holders flock to Lunex’s presale, seeking to hedge their long positions. Notably, Lunex Network (LNEX) has witnessed immense interest due to its aggregation protocol and a reward system designed to offer real passive income.
Offering Revolutionary Opportunities for Early Investors: Lunex Network
Presenting a unique yet convincing substitute for popular DEXs like Uniswap and PancakeSwap, Lunex Network promises only the best experience to its users. Unlike conventional DEXs dependent on automated market makers, this project uses smart contracts to enhance openness and simplify transactions.
Without users needing to connect third-party wallets like Trust Wallet and Meta Mask, Lunex Network aims to build trust among users while eliminating security concerns related to external wallet connections. The project, therefore, sets itself as a top participant within the DeFi ecosystem, offering traders a safer yet user-friendly experience.
Kicking off with a presale price of $0.0026, the LNEX token has already seen an upsurge of over 116%. This momentum is also set to continue as the token eyes the $1 mark, which is possible given the Lunex Network’s unique features, which allow traders to access over 50K assets and more than 40 blockchains.
Could BNB Price Hit $1,200 Level In Q4?
Binance Coin has been hovering around the $600 and $616 levels, paring off some of its gains in the past week. The token has formed a rare cup and handle pattern on its weekly time frame. This pattern is often interpreted as a rounded bottom and some pullback on the upper side. The pattern began in November 2021 when the altcoin rallied towards the $665 level.
However, it consolidated to the $200 level in 2022 and 2023. The price of BNB rebounded and retested its 2021 high, finishing the formation of the cup. Notably, the BNB price has formed a handle section and a doji pattern, which explains why the token rebounded to $665. Therefore, if the token bounces above the upper cup, it could send its price towards the $1200.
This level is established by measuring the distance between the lower and upper sides of the cup. In typical scenarios, an asset can break out and rise a similar distance from the upper side of the cup. BNB coin has a positive technical outlook, including its price remaining above the 59-week moving average, and is positioned at the solid pivot release of the Murrey Math Lines tool.
LNEX Vs. BNB Coin: Which Token Could Rally 100x?
Using the Murrey Math Lines tool, the BNB token could target the $875 level, representing a 42% surge from the current level. Lunex Network could offer more gains as it is expected to surge by 1800% by the end of its presale and an additional 100x post-launch.
You can find more information about Lunex Network (LNEX) here:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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- The Fascinating World of Rare British 50p Coins: From Benjamin Bunny to Kew Gardens
- Nov 23, 2024 at 04:25 am
- The world of coin collecting has seen a surge in interest over the years, with certain rare coins fetching eye-watering prices at auctions and on marketplaces like eBay. Among the most sought-after coins in the UK are 50p pieces, particularly those that feature unique designs or commemorate significant national events.
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- The King Charles III 50p Coin: A New Era of Collectibles
- Nov 23, 2024 at 04:25 am
- The Royal Mint has released a series of 50p coins featuring the portrait of King Charles III, but one particular coin has quickly surpassed even the iconic Kew Gardens 50p coin in terms of desirability. With the growing interest in coin collecting, it’s now more important than ever to check your change — you may be holding onto a hidden treasure that could be worth much more than its face value.
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- XRP (XRP) Keeps Attracting Interest With Its Increasing Price Trajectory as Rexas Finance (RXS) Emerges a Possible Rival
- Nov 23, 2024 at 04:25 am
- XRP has increased 4.34% over the previous 24 hours, raising its market capitalization above $65 billion. With analysts speculating about the likelihood of a major price breakout, this little movement has driven forecasts that XRP might shortly break $1.50. But another growing star in the crypto scene while the globe observes XRP’s every action is Rexas Finance (RXS). A Ripple millionaire sees this coin as a major rival to XRP’s supremacy since he believes it might soar by an amazing 19,900% to $16 in the next 70 days or less.