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Cryptocurrency News Articles

Lunex Network Surpassed $2M in Its Viral ICO, Drawing the Crypto Community's Attention

Nov 19, 2024 at 01:00 am

This accomplishment signals strong investor confidence and sets the stage for a potential price rally. Known for its cross-blockchain transaction capabilities and minimal fees, Lunex Network stands out in a competitive market.

Lunex Network Surpassed $2M in Its Viral ICO, Drawing the Crypto Community's Attention

Lunex Network Surges Past $2 Million Viral ICO Milestone, Sparking Investor Excitement

This accomplishment signals strong investor confidence and sets the stage for a potential price rally. Known for its cross-blockchain transaction capabilities and minimal fees, Lunex Network stands out in a competitive market.

Meanwhile, price forecasts for Avalanche (AVAX) and Toncoin (TON) suggest volatility ahead of time, adding further excitement for investors monitoring these emerging assets.

Avalanche Surges Past $30 With Stellar Weekly Gains

Avalanche recently surged past its established trading range, boasting a remarkable 23% weekly gain that lifted its price above the $30 mark for the first time in months. Currently, Avalanche is trading at $33.54, showing a slight 1.38% intraday increase and an impressive 78% spike in volume, with over 1.11 billion AVAX traded in the past 24 hours.

Investors are notably bullish on Avalanche, evident in a long/short ratio of 1.40, indicating that most market players anticipate further price growth. Additionally, the Avalanche Foundation’s buyback of over 1.97 million AVAX tokens has added upward pressure on the altcoin’s value.

Enthusiasts on social media platform X continue to share optimism, forecasting Avalanche’s “wild” potential in this market cycle. Immediate support rests around $34.34, with critical price levels and momentum suggesting further gains as this Avalanche trend develops.

Telegram-Backed Toncoin Hits Milestones With TVL, Cap

The Toncoin blockchain has rapidly positioned itself as a major player in the layer-one (L1) market, backed by Telegram’s influence and amassing over $308 million in total value locked (TVL) and a stablecoin market cap exceeding $1.1 billion.

Numerous Web3 projects are now live on Toncoin, including leading DeFi platforms like STON.fi, DeDust, bemo, and EVAA protocol; the ecosystem’s growth has been significant. This expansion has helped Toncoin achieve large-cap status, boasting a fully diluted valuation of over 27 billion and daily trading volumes averaging 743 million.

Lunex Network Offers Non-Custodial Trading, Privacy

Lunex Network (LNEX) has rapidly captured investor attention with its innovative DeFi protocol, emphasizing both trading efficiency and cross-chain compatibility. Lunex Network delivers institutional-grade liquidity, offering fast, effective trade execution while maintaining decentralization. Its Aggregator Protocol pools liquidity across multiple exchanges, ensuring users always access the best possible rates.

Moreover, Lunex Network’s non-custodial platform means traders keep complete ownership of their funds and private keys. The platform also eliminates the rigid know-your-customer (KYC) requirements associated with other platforms. Additionally, the Lunex Network Wallet supports staking, lending, and borrowing, with AI-driven enhancements for a seamless user experience.

Staking with Lunex Network also stands out, offering up to 18% APY, rewarding $LNEX token holders, and fostering loyalty among long-term users. A unique revenue-sharing policy further strengthens Lunex Network’s appeal. The platform uses some of its revenue to buy back tokens and 50% of the bought-back coins will be used for rewards to $LNEX stakers, thus creating a win-win situation for users searching for privacy, security, and profit in the DeFi space.

Lunex Network is in presale at $0.0026, up 116% from its starting cost of $0.0012. Experts predict a 1,700% value jump on its CEX and DEX listing and Lunex Network is positioned to benefit from a DeFi market set to grow to $231.19 million by 2030.

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Other articles published on Nov 19, 2024