The market is gearing up for a major rebound after months of ranging action and investors are on the lookout for the next big gainer. Even projects at the top of the crypto totem pole, such as Solana (SOL) and Dogecoin (DOGE) are set for massive surges, however, there’s a new contender in town that could outperform them both.
Lunex Network is making waves with its unique cross-chain protocol that could revolutionize the DeFi world forever and bring a legendary 100x price multiplier along the way. Let’s dive deeper!
Solana Ready For A Breakout?
Solana (SOL) has retested the crucial $160 level a few times already over the last few weeks. If bulls manage to capture this resistance and turn it into support, Solana could soar to $200 soon. Currently, Solana sells for $155 with a 10.8% weekly increase.
If this trend is flipped, analysts expect Solana to gain momentum and possibly reach a new all-time high by the end of the year, cementing its position as one of the protagonists of the current cycle. However, more short-term turbulence seems to be brewing, as an FTX-related wallet has unstaked $28 million worth of Solana. This has sparked fears of an imminent sell-off that could throw a wrench in Solana's relatively strong price action.
Dogecoin Is Steadily Gaining Momentum
When zooming out on the Dogecoin (DOGE) chart, it’s clear that an ascending trendline is forming. The chart shows a sequence of higher lows, starting with the $0.092 bottom that Dogecoin formed in July. Today, Dogecoin trades for $0.1265 with a 15.8% weekly increase and a notable 39% surge in trading volume with $1.2 billion worth of DOGE traded over the last 24 hours.
CoinMarketCap shows that 81% of Dogecoin holders are bullish, indicating a rising positive sentiment that could manifest in the form of significant gain as Q4 unfolds. A key upgrade is set to be released soon, Dogecoin Core 1.14.8, which will greatly improve network security and introduce a series of bug fixes.
Lunex Protocol Gearing Up For A 100x Moon Mission
Lunex Network is flipping the script on what decentralized exchanges should be. The protocol brings isolated blockchains into one place and allows for seamless swapping between over 50,000 assets. This means near-instant transfers between Bitcoin, Solana, Tron, and many other blockchains.
To use this novel DEX, users don’t need to compromise sensitive data, as no KYC is required to access all that Lunex Network has to offer. No third-party wallet is needed either, as LunexNetwork will provide a branded, non-custodial wallet that supports over 40 different blockchains and thousands upon thousands of tokens. To execute a transaction, users just need to select the pair, input the address, and hit ‘confirm’. This will ensure a frictionless trading experience with greatly reduced waiting times and fees.
Moreover, Lunex offers a unique portfolio tracker that will allow users to effortlessly manage their wealth across different asset classes: crypto, stocks, bonds, ETFs, NFTs, and more.
Those who want to take their trading to the next level will have the opportunity to subscribe to Lunex Pro. This is a premium service that will grant access to advanced trading tools and features. On top of this, they will get cashback on every transaction and perform AML wallet address checks for enhanced security.
Lunex Network also guarantees a passive income stream for the holders of the $LNEX token. A percentage of the platform’s profits will be redistributed as staking rewards for up to 18% APY.
Lunex Network is currently in the third stage of its presale, with $LNEX tokens selling at just $0.0015. Half the total $LNEX supply will be sold throughout the presale, during which the token value is expected to soar by 18x. Post-launch, analysts anticipate a massive 100x rally, offering huge returns for early investors. Join the exchange revolution before prices rise!
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.