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Cryptocurrency News Articles
Toncoin (TON) and BNB Poised for Gains as Savvy Traders Jump Ship to Lunex Network’s New Noncustodial Exchange
Nov 16, 2024 at 01:00 pm
Toncoin (TON) to Rally Towards $6 in Q4's Bull Cycle, BNB's Correction to End with Google Cloud Collaboration, Lunex Network (LNEX) Flashes Strong Buy Signals
Toncoin and BNB have shown resilience over the last few days as both tokens emerged from the crypto dumps and recorded significant gains. However, savvy traders are still jumping ship to Lunex Network’s new noncustodial exchange that is poised for 1800% gains by the end of its viral presale.
Toncoin (TON) to Rally Towards $6 in Q4’s Bull CycleToncoin has been stuck in a correction phase since June 2024 but it finally bottomed on the day of Trump’s victory in the US Presidential Elections. Toncoin’s price has recorded a significant 15.36% increase over the last seven days though TON investors are still eager for bigger gains.
Since Toncoin is retesting its horizontal support on the TON/USDT daily chart, analysts believe breaking above this level could trigger a massive Toncoin rally in the upcoming days. Toncoin is currently trading for $5.41 after a 3.86% intra-day surge. Toncoin’s volume has decreased by 36.18% over the last 24 hours which typically suggests low network activity.
Since Toncoin’s daily chart is still flashing strong buy signals, analysts expect Toncoin’s price to rise towards $6 before the end of Q4’s bull market.
BNB’s Correction to End with Google Cloud CollaborationBNB’s price reached a peak at $665 and is now facing a minor correction. BNB has also announced a big collaboration with Google Cloud for its Most Valuable Builder (MVB) program which promotes dApp development on the BNB Chain.
Since this new collaboration includes a massive $350,000 reward for 40 projects, BNB is likely to see a huge influx of Web3 developers on its network soon. BNB is currently trading for $629.52 after a 1.12% intra-day surge. BNB’s volume has dropped by 24.89% over the last 24 hours which typically suggests that the explosive momentum is cooling down.
Since BNB is still trading above all of its Simple Moving Averages on the BNB/USDT daily chart, analysts believe BNB’s price could test the $652.2 resistance soon.
Lunex Network (LNEX) Flashes Strong Buy Signals in Q4’s Bull MarketLunex Network is experiencing one of the most explosive presales in crypto history.
Since this new DeFi altcoin has already raised more than $2.21 million in record time, analysts believe that Lunex Network won’t be slowing down any time soon. If Lunex Network continues to experience such high buying pressure by the end of the year, analysts believe LNEX’s price will record up to 1,800% gains ahead of the token’s official launch.
The reason why traders are flocking to Lunex Network’s presale is the platform’s unique integration of decentralized and centralized trading experiences into a single noncustodial DeFi exchange. While traditional DEXs and CEXs still struggle to offer cross-chain transfers, Lunex Network is completely changing the game with its smart contracts ecosystem.
On Lunex Network, traders can swap or exchange more than 50,000 tokens across different blockchains with the click of a button. If this gold standard user experience wasn’t enough, then Lunex Network is also offering the lowest gas fees and fastest transaction speeds in the market.
Aside from the trading front, Lunex Network is also gaining investors because of its viral revenue-sharing model. As Lunex Network generates revenue through merchant listings and gas fees, the platform reinvests a huge chunk of its revenue to purchase more LNEX tokens at market price. These tokens are then distributed to current long-term holders of LNEX as staking rewards with up to 18% APYs.
Even with these features, Lunex Network is currently selling tokens for a low price of only $0.0021 each. Since Lunex Network’s demand is skyrocketing, analysts are already projecting a massive price surge within the next few days.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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