As Bitcoin (BTC) and BCH Reject Key Resistance Levels, A New Multifunctional DeFi Protocol Is Capturing Huge Attention

Bianca Carvalho
By Bianca Carvalho Add a Comment 1
5 Min Read

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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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Bianca Carvalho is a leading expert in digital marketing and content management with over 15 years of professional experience. Based in Lisbon, Portugal, Bianca has collaborated with both local and international brands to develop and implement effective marketing strategies. She has excelled in roles such as Digital Marketing Director, Content Strategist, and Senior Copywriter.Bianca is renowned for her leadership skills, having managed teams of up to 50 marketing and content professionals. She specializes in creating and executing comprehensive content strategies, producing various types of content including blog posts, whitepapers, case studies, and social media content. Her expertise extends to content management systems like Drupal and project management tools such as Asana, Slack, and Monday.com.Fluent in Portuguese, English, and Spanish, with a working knowledge of Italian, Bianca is also highly skilled in media production. She has worked on several high-profile advertising campaigns across Europe, enhancing her creative abilities and her capacity to manage complex projects under tight deadlines.In her personal life, Bianca enjoys exploring new digital trends, attending industry conferences, and spending quality time with her family. For more information and to view her portfolio, visit Bianca’s personal website or connect with her on LinkedIn.
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