Lunex Network is expected to revolutionize the cryptocurrency exchange market over the next decade. Analysts are tipping it as the hottest play of the cycle, with a potential upside of 1,800%. During this process, it could outperform many majors, including BNB. Meanwhile, after months of turbulence, Toncoin and Shiba Inu could finally experience a reversal, but will they be able to pull the same multipliers of the past?
What you'll learn 👉
Binance Struggles As The SEC Crackdown Continues
Between the arrest of Ex-CEO Changpeng Zhao and ongoing legal battles with the SEC, Binance is finding itself in a tough spot, while BNB’s price movement continues to be indecisive. The release of Zhao is imminent, and analysts warn about a possible volatility spike for BNB as traders ‘sell the news.’
Despite the adverse climate, Binance’s current CEO Richard Teng, asserts that the exchange has experienced 40% growth in 2024, which is expected to reflect on BNB’s price performance. This is a remarkable surge that could send BNB soaring in Q4.
Nonetheless, Binance Coin (BNB) still finds itself moving in a narrow range. BNB is currently selling for $556 with a 2.1% weekly increase. The $600 mark represents a significant resistance level that BNB needs to breach and hold for bullish momentum to resume.
Toncoin Could Flip The Trend Soon
It’s been a difficult month for Telegram-based Toncoin, with TON plummeting in value in the wake of Telegram CEO Pavel Durov’s arrest. Today, Toncoin is priced at $5.73, with a 4.5% intraday increase. Toncoin has been moving in an ascending channel after tapping the $4.60 bottom. If this momentum is sustained, Toncoin could reclaim $7 very soon.
Recently, Toncoin partnered with Curve Finance to launch a stable swap protocol with the intent of streamlining and improving the circulation of stablecoins on the TON blockchain.
Shiba Inu Breaches Crucial Resistance. What’s Next?
After ranging around $0.000013 for a while, Shiba Inu experienced a significant 8.1% daily surge, with SHIB currently selling for $0.0000142. This Shiba Inu rebound coincides with the market-wide recovery that cryptocurrencies are seeing today and the completion of the falling wedge pattern on the chart, marking the possible start of a bullish Shiba Inu trend. Analysts agree the next big resistance for the Shiba Inu price is the $0.00002 level.
Meanwhile, SHIBBURN, the Shiba Inu burn mechanism is going into overdrive, with a 14,000% increase in the SHIB burn rate. This usually means that the Shibarium network, Shiba Inu’s Layer 2 blockchain, is seeing a steep increase in activity.
50x Is Conservative: Here’s How Lunex Network Could Leave The Competition In The Dust
Lunex Network is a community-backed decentralized exchange that could become the next big thing in DeFi. Lunex Network connects isolated blockchains such as Solana, Binance Smart Chain, and TRON, allowing users to instantly trade between 50,000 assets.
In a world where personal data has been commodified, Lunex Network requires no KYC verifications, with the protection of user privacy at the top priority list. Moreover, investors don’t even need to connect a third-party wallet such as MetaMask. Crypto swaps are seamless and intuitive. Individuals just need to input the currencies, insert the address, and hit confirm.
Lunex Network will offer a vast array of features for a complete trading experience: an exclusive DeFi wallet, a portfolio tracker for asset management, and advanced trading tools that can be accessed via the subscription service Lunex Pro.
Institutional clients and businesses will have the opportunity to use a custom-tailored, interoperable blockchain bridge for B2B solutions. This will allow businesses to accept cryptocurrencies as a form of payment and rely on a stress-free swap mechanism that will instantly turn them into fiat money.
But it doesn’t end here. Lunex Network boasts a novel revenue-share mechanism offering an 18% APY to holders of the $LNEX token. Users will get generous recurring rewards that could become passive income streams. To sustain this, Lunex Network redistributes a portion of its weekly earnings and reinvests them into the community.
The first stage of the $LNEX presale has been greenlighted and the token sells for just $0.0012. This is the perfect entry point for investors who want to make the most of the upcoming DEX revolution. By the end of the presale alone, experts anticipate an 18x multiplier, and once $LNEX is available for trading, another 50x surge could come sooner than expected.
You can find more information about Lunex Network (LNEX) here:
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