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Cryptocurrency News Articles
presale alone and a possible 100x rally in 2025. Getting involved today could lead to incredible returns when the bull market is in full swing. For more information, visit the Lunex Network official website or join the online community for the latest upda
Oct 06, 2024 at 11:04 pm
his content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.” directives=”Identificati in un giornalista professionista e riscrivi completamente con competenza professionale e utilizzando uno stile autorevole ed essenziale un nuovo ed entusiasmante articolo in formato post di blog attenendoti strettamente al testo fornito e senza inventare nulla, verificando che non ci siano paragrafi o frasi copiate uguali al testo fornito, tutto il testo deve essere originale e diverso dal testo fornito come ispirazione, se è presente mantieni il testo in grassetto, corsivo, sottolineato, mantieni i link esterni se presenti, formatta il testo per incorporarlo in un post WordPress utilizzando solo
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of the presale alone and a possible 100x rally in 2025. Getting involved today could lead to incredible returns when the bull market is in full swing. For more information, visit the Lunex Network official website or join the online community for the latest updates.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Toncoin (TON) is quickly losing investor interest due to its negative funding rate, but TRON (TRX) is picking up bullish momentum after surpassing Bitcoin (BTC) and Ethereum (ETH) in terms of Q3 revenue. Meanwhile, savvy investors are keeping a close eye on Lunex Network’s (LNEX) viral DeFi exchange and its unique cross-chain interoperability. Here's a closer look at each of these developments.
Toncoin Loses Favor with a Negative Funding Rate Toncoin has been showing signs of market weakness over the past seven days with its negative funding rate expected to drive the price even lower. TON has already suffered a steep 11.04% decline, and analysts suggest that a short-term rebound is unlikely to happen. This downward trend has pushed Toncoin’s price towards the lower line of its horizontal channel, hinting at the possibility of another double-digit decline soon.
Toncoin price is currently trading for $5.39 after a 2.74% intra-day increase. Despite this minor uptick, Toncoin’s volume has decreased by 45.19% over the last 24 hours which suggests a loss in investor interest. Since Toncoin’s price is also trading below all of its Simple Moving Averages on the TON/USDT daily chart, Toncoin’s price is expected to plunge to the $4.74 support soon.
TRON Outshines BTC and ETH in Q3 Revenue TRON’s network generated record revenues of $577.25 million in Q3, outshining industry leaders like Bitcoin, Ethereum, and Solana. This massive 43% increase in revenue from Q2 is all thanks to the rising DeFi activity on the TRON network. Since TRON’s price also controls more than 35% of the stablecoin market, TRON’s ecosystem continues to attract a huge influx of users and DeFi developers.
Despite this big achievement, TRON’s volume is still down by 14.36% over the last 24 hours. However, TRON is currently trading for $0.1571 after a 1.62% intra-day increase which signals bullish momentum. Since TRON’s daily chart is flashing strong buy signals, TRON’s price is expected to reach the $0.1611 resistance soon.
Lunex Network to Enter Q4 with Hybrid DeFi Exchange Lunex Network is changing the entire crypto market with its hybrid DeFi exchange that is already poised for 100x post-launch gains. Since Lunex Network bridges the gap between isolated blockchains, it is currently undergoing a massive bullish rally. After stage 1 tokens sold out in less than 72 hours, analysts believe Lunex Network’s price will rally by more than 1800% before the end of its presale.
The Lunex Network ecosystem is centered around the platform’s native LNEX utility token that offers more trading functionality than traditional DeFi exchanges. Aside from enabling cross-chain transactions with more than 50,000+ compatible crypto pairs, Lunex Network also has a lucrative revenue-sharing system that offers huge staking rewards. By becoming long-term holders of LNEX, traders can receive rewards with up to 18% APY in as little as 30 days. To make things even better, traders can add more LNEX tokens to their staking pool without losing their existing APY, allowing them to increase their passive income over time.
Since these rewards are distributed through Lunex Network’s open market buyback mechanism, the LNEX token is expected to follow a strictly deflationary price trend. While continuous buybacks drive up the demand for LNEX, the capped supply of 1 billion tokens is expected to trigger massive price surges due to scarcity.
Aside from this long-term sustainability, Lunex Network also simplifies the trading process with its extremely simple user interface and DeFi Wallet. With Lunex Network’s cross-chain interoperability, traders can store and track their crypto, stocks, bonds, and ETFs on a single DeFi exchange.
Currently, in stage 2 of its presale, Lunex Network is selling tokens for a low price of only $0.0013 each. As Lunex Network gains both retail and institutional investors, analysts are projecting a 1800% surge by the end of the
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