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Cryptocurrency News Articles

Amid the Post-Election Rally, Lunex Network (LNEX) Emerges as the Ideal Platform to Navigate the DeFi Space

Nov 18, 2024 at 06:25 pm

With pro-crypto Donald Trump as president-elect, market enthusiasm has skyrocketed, increasing the total crypto market capitalization by 5.45%

Amid the Post-Election Rally, Lunex Network (LNEX) Emerges as the Ideal Platform to Navigate the DeFi Space

As Donald Trump emerges victorious in the presidential race, بازار קריפטو has experienced a surge in enthusiasm. The total crypto market capitalization increased by 5.45% to reach $3.11 trillion on November 12. This development has led to substantial gains for established tokens like AVAX, driven by expectations of favorable policies and increased institutional interest in the digital asset space.

Amid this bullish climate, Lunex Network is emerging as the platform of choice for those seeking high returns and superior tools to navigate the DeFi landscape. With an expanding user base and a revenue share model designed to offer passive income, Lunex has positioned itself as a strong contender in the market. But what factors are driving the momentum for AVAX and LNEX in the current post-election rally? Let’s dive in and find out!

Lunex Network Offers A Seamless Trading Experience

Lunex Network has quickly gained ground fast in the broader cryptocurrency market. With a growing user base that seeks reliability in the DeFi realm and a model designed to offer real passive income, Lunex has positioned itself as a strong contender in the market. One of the main drivers of trading on this platform is its robust aggregation protocol, which sources liquidity from various exchanges, even splitting a single trade across several DEXs to ensure users get the best possible prices.

It has also extended its platform to businesses, streamlining B2B cryptocurrency-to-fiat conversions. Its ongoing presale offers intriguing entries for early adopters who aim to maximize their passive income. Holders who stake their LNEX tokens at presale could secure as much as 18% APY with a minimum 30-day staking period. Once the presale ends, holders can dive into Lunex’s revenue share model to continue generating passive income.

So far, Lunex is available at presale for $0.0021 and has raised over $2.1 million. The buzz around this new crypto is evident from its growing community and impressive presale performance. According to analysts, there is more room for growth, with some suggesting it could explode by 1800% before its presale ends. As such, now is the optimal time for investors to join the Lunex community.

AVAX Price Analysis Suggests More Rallies Ahead

Avalanche has seen an impressive 44% gain in the past week, breaking its downward trends that existed for months. The recent rally can be attributed to broader market trends and AVAX network upgrades and developments. Notably, AVAX’s price found support around its ascending trendline on November 4, which triggered a rally. The price of Avalanche closed above its daily resistance level of $32.66 on Monday.

Notably, the token is up, bouncing off its daily support at $32.66 and extending its rally by 28%. If Avalanche’s price continues to hold this momentum, it could retest its May 22 high of $41.80. Besides that, a successful close above this support level could potentially extend this rally by another 13% to retest its 61.8% Fibonacci retracement, around the $47.04 mark.

Avalanche’s relative strength index is hovering around the 66 mark and declining, moving away from overbought conditions. This might warn traders to be cautious since the probability of a price pullback is increasing. As such, the Avalanche token’s ambitious technical structure could offer upside potential in the coming months.

LNEX VS. AVAX: Which Token Should You Invest In Now?

While Avalanche’s price looks promising, the Lunex Network presale offers price stability and a chance for impressive returns as the project grows and its users increase. With a revenue share system that rewards users and a seamless cross-chain trading experience, Lunex could become a major player in DeFi.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

Socials: Join Lunex’s Growing Community

News source:en.cryptonomist.ch

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