Though Bitcoin is undergoing a minor correction, Bitcoin’s ascent to $65,000 triggered a new bull rally that saw cryptocurrency alt-coins Bitcoin Cash and revolutionary new DEX swapping platform Lunex Network soar.
Analysts are extremely bullish about Lunex Network in October. With its never-seen-before fundamentals and utility in the DEX space, Lunex Network is poised for 1800% rallies over the first stage of the presale alone.
Bitcoin’s Minor Correction Spells Short-Term Trouble For The Market Despite Excitement Over “Uptober”
Cryptocurrency is known to be volatile, and Bitcoin’s position at $65,000 didn’t last for long. Currently experiencing a 2% decline in 24 hours, some analysts believe that Bitcoin is on course to dip below 60,000 once again, which would invariably cause another bearish run for Bitcoin and the crypto market.
Most analysts sway towards the bullish side, however, citing Bitcoin’s minor correction as inevitable following a massive upsurge. In addition, investors are anticipating a bullish Bitcoin October, ubiquitously hailed as “Uptober” amongst Bitcoin hodlers.
Bitcoin Cash Waxes And Wanes In Tandem With Its Older And More Successful Brother
Created in 2017 as a fork of Bitcoin, Bitcoin Cash’s price movements are heavily correlated with its older brother, which just so happens to be the crown jewel of crypto itself.
Analysts are perplexed regarding why investors would consider accumulating Bitcoin Cash, given that Bitcoin Cash pales in comparison to Bitcoin for solid returns and future prospects. Bitcoin is a top ten asset in the world irrespective of cryptocurrency; Bitcoin Cash won’t get anywhere close.
Still, Bitcoin Cash waxes and wanes in tandem with Bitcoin, and with a new bull run just around the corner, Bitcoin Cash stands to benefit.
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Savvy Investors Flock To New Gem Lunex Network Before The Masses Inflate Its Price
The next bull run could feasibly begin in October, and savvy investors are flocking to Lunex Network in anticipation. Lunex Network boasts never-seen-before fundamentals that render it a solid pick for 100x gains and 1800% growth by 2025.
As Lunex Network forgoes KYC requirements and the need to connect to outside wallets like MetaMask, users can swap tokens instantly and anonymously. This renders the platform appealing to fast-movers who don’t want to wait around, and individuals who value their right to trade and swap tokens without divulging sensitive information about themselves.
With over 50,000 blockchain assets available for swapping, the platform appeals to a broader audience, including investors who want to swap more niche tokens. This reflects Lunex Network’s ambition to become the most inclusive and diverse trading DEX platform in the cryptocurrency space.
Transparency and security is one of the utmost concerns to the Lunex Network platform. All transactions are processed via smart contracts, ensuring that users have full visibility over each swap, trade, or transaction. This decentralized approach eliminates the need for centralized market makers and middlemen, reducing the risk of nefarious manipulation and increasing trust in the platform’s security measures.
Lunex Network also appeals to investors, and the LNX tokens serves a variety of functions within the platform’s ecosystem. As part of Lunex Network’s ingenious revenue-sharing strategy, the platform buys back LNX tokens from the open market and redistributes half of these tokens to its holders, while the other half is dedicated to staking rewards and enhancing the ecosystem.
At $0.0013, Lunex Network is a steal. Esteemed analysts are tipping Lunex Network to grow over 1800% during the presale, and amass sizable 100x returns by 2025. Don’t miss out!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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