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암호화폐 뉴스 기사
Lunex Network (LNEX) Emerges as a Potential DeFi Gem, Contending with Top Coins like Binance (BNB) and Cardano (ADA)
2025/01/12 13:00
Most cryptocurrencies are currently having a hard time, including top DeFi coins. Binance (BNB) is struggling to stay above $700, while Cardano (ADA) is trying to stay above $1 after dropping 9% from $1.10.
Despite ADA's market cap increasing 5% recently, its monthly decline shows how unstable the crypto market is. However, Lunex Network (LNEX), an upcoming DeFi gem with robust crypto exchange features, is maintaining a high stream of liquidity as investors keep flooding its presale network.
ADA Price Goes Bearish After Briefly Staying Above $1
Cardano (ADA) is currently facing bearish pressure as it recently consolidated to lower levels below its monthly resistance price of $1.02. Although ADA price still remains generally bullish, surging up to 86% when it priced out of its long-standing $0.5 range to hit $1 at the end of 2024, recent price trajectory casts a shadow of doubt on its bullish momentum.
However, the native ADA token is slowly navigating its way out of consolidation as it now trades within a weekly range of $0.90 and $0.95, which reflects a 5% surge. As such, investors are still somewhat confident about Cardano's trajectory especially as its market cap just jumped by 5% with CMC reflecting a 90% bullish sentiment from its community.
Meanwhile, X analyst, RoundtableSpace has emphasized that its bullish pennant points to major price surges. In its recently shared tweet, he also hinted that Cardano has $1.40 insight and could possibly smash $3 in due time, especially as DeFi’s TVL keeps surging.
BNB Price Stagnates Around Monthly Resistance
Having shown its potential to visit higher price levels by hitting a peak price of $793 in the last bullish wave, investors are quite confident for Binance (BNB) to manifest a resurgence. However, the top DeFi coin is still experiencing a fluctuating price trend as it has continued to consolidate around its $688 monthly resistance.
As the crypto market is currently facing a high degree of uncertainty from investors, Binance network has dropped by over 7% also. In rather positive news, Sinclaira Cat shared recent data on X about how the user count on Binance has exceeded 250 million. This milestone is bound to reap positive gains when the bull market continues.
An X analyst, anilsingsta, recently shared a post when he predicted how far most altcoins will grow in the next 6 to 8 months. This post featured Binance coin, with the analyst projecting a $900 to $1,400 price target for it to achieve this year. Considering how prestigious Binance is as a top DeFi platform, this prediction is indeed plausible.
Lunex Network Poses As A Better And More Lucrative DeFi Exchange To Invest In This 2025
Showcasing potential as a filled DeFi gem, Lunex Network (LNEX) ensures that users can perform crypto swaps across 40 blockchain networks with over 50,000 crypto pairs to choose from. The platform also offers cashback rewards, low swapping fees, high liquidity pools and a revenue share model from its swapping protocol.
Moreover, there is also a Portfolio Tracking feature which users can utilize to strategically manage their assets. Considering its robust DeFi infrastructure, this new platform has sold out most of its 4 billion presale token supply.
In correlation with its sellout record, Lunex Network has also accumulated over $6 million, showing its potential to realize a far more staggering growth and traction when it eventually lists on both DEX and CEX platforms very soon.
Meanwhile, Lunex Network also appeals to both small and large scale investors who are already flocking to its network after over 350% pump from $0.0012 to its current undervalued price of $0.0054 after a 350% pump from $0.0012. Another huge factor behind the massive interest in its network is its non-custodial nature; here, users don’t have to deal with third-party apps like Trust Wallet or MetaMask or even fulfill any KYC requirement.
What Potential Does Lunex Network Have To Contend With Binance Coin?
As an expansive exchange platform with a B2B merchant payment gateway for business owners or merchants and over 65 RPC nodes for developers to handle Web3 building, Lunex Network is capable of overthrowing Binance in the long run.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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