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Homeweb3.0Lunex Network (LNEX) Leads Innovation In DeFi, Can It Surge Past Ethereum (ETH) and BNB (BNB)?

Lunex Network (LNEX) Leads Innovation In DeFi, Can It Surge Past Ethereum (ETH) and BNB (BNB)?

Oct 06, 2024 am 07:02 AM
ethereum Cryptocurrency BNB Lunex Network

Lunex Network is not just a new token to enter the crypto market, rather it aims to address some limitations experienced by traders/investors

Lunex Network (LNEX) Leads Innovation In DeFi, Can It Surge Past Ethereum (ETH) and BNB (BNB)?

As some investors lament missing out on valuable coins in recent days, a crypto pro who identified Ethereum (ETH) as a coin to buy and hold when it was still trading at $1,000 now tips BNB (BNB) and Lunex Network (LNEX) to explode soon.

Being bullish on these tokens, both BNB (BNB) and Lunex Network are showing signs of gradual growth that could lead to exponential gains for holders in a few years. While BNB (BNB) is already actively traded in the market, Lunex Network is still in its presale but is already gaining a lot of attention.

Lunex Network (LNEX) Leads Innovation In DeFi

Lunex Network isn't just a new token entering the crypto market; it aims to solve some limitations faced by traders/investors and crypto enthusiasts. Lunex Network is an advanced web3 DeFi exchange that makes it easy for users to swap and trade their tokens across multiple blockchains.

The system also uses a non-custodial approach that ensures users' anonymity and privacy. There are no KYC checks needed, so people won't have to worry about their personal data being leaked. Furthermore, Lunex Network doesn't require users to connect any third-party wallets.

This aims to enhance security for users and the independence of Lunex Network as it provides a wallet for users on the platform. Additionally, Lunex Network has a user-friendly interface that even complete beginners can easily navigate the platform and perform transactions.

Currently in stage 2 of the presale, the LNEX token sells for $0.0013 apiece.

Ethereum Price Chart Analysis

The past month saw the Ethereum price in a remarkable swing. As it dropped from the $2,420 price level to the $2,190 mark, Ethereum (ETH) holders were left wondering where the altcoin was headed next.

Although Ethereum (ETH) found support around the $2,190 zone, there was still bearish pressure building up around the altcoin. Within two weeks, the Ethereum price showed some positive momentum as it broke above the $2,500 resistance for the first time.

However, this positive pressure didn't last long as the Ethereum price chart shows the altcoin lost bullish pressure and dropped below the $2,400 mark after ranging between $2,500 and $2,730 for about a week.

Overall, the past month also saw Ethereum (ETH) drop by about 4%; but, the weekly decrease is even more - over 10% - from $2,631 to $2,349. The community is currently bearish, as the recent price movements of Ethereum (ETH) have left people feeling down.

BNB Price Prediction

The past month saw the BNB coin show gradual growth as the altcoin's price increased by about 4%, despite some significant price fluctuations.

After the price of the BNB coin dropped from $518 to $475 earlier in September, the altcoin began a gradual ascent, making higher highs and lows. However, the bulls failed to break through the $610 resistance level during the 4th week of September, which resulted in significant bearish pressure that drove the price of BNB (BNB) back below the $550 level.

However, the price movement of BNB (BNB) over the past month is generally bullish as the altcoin recorded about 57% green days which signifies a bullish momentum.

Also, the community sentiment of BNB (BNB) is bullish A recent BNB price prediction tips the altcoin to trade between $541 and $1,025 by 2025.

Can Lunex Network Surpass Ethereum and BNB?

While Ethereum (ETH) and BNB (BNB) are major players in the crypto market, with all-time surges of over 83,900% and 478,900% respectively, new innovative tokens like Lunex Network have the potential to replicate these price surges.

Moreover, with demand for the token continuing to increase even during the presale, analysts estimate that the value of the LNEX token could rise by over 1,800% before the presale ends.

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