Big news from the Tradfi arena with Coinbase (COIN) expanding its reach by integrating Visa debit card payments to make it easier to trade. In the crypto space, Cronos (CRO) has gained slightly this week, but it’s not having the best year. What next for the Crypto.com coin? We give a Cronos price prediction for the end of 2024.
The new decentralized exchange platform Lunex Network is taking on those two big guns by offering as much as and more. Many analysts are touting it for big things, with many claiming DeFi has finally arrived.
Decentralized exchange platform Lunex is everything DeFi promised to be
Lunex Network is quietly gaining a reputation as a leader in the DeFi space, thanks in large part to the key features of its decentralized exchange. Designed to eliminate intermediaries and streamline user control, Lunex is making significant strides in defining how users trade crypto. With its presale generating a substantial buzz, Lunex is positioning itself as a key competitor to traditional exchanges and getting the DeFi landscape ready for mainstream adoption.
Lunex’s success lies in its advanced cross-chain capabilities. The Lunex decentralized exchange supports over 50,000 trading pairs across multiple blockchains. This interoperability is a major draw for both retail and institutional traders, especially as the platform can easily be extended into tokenized assets such as Bonds, Stocks, and ETFs.
In addition to its trading capabilities, Lunex offers an appealing staking program for its native token, $LNEX. This ensures passive income opportunities for investors and encourages long-term engagement within the Lunex ecosystem.
Lunex has caught the attention of the market, and the presale is only in stage 5. With over $1.5m raised and token appreciation of over 60%, analyst predictions of it being the next 100x crypto after it launches seem well grounded, and savvy investors are snapping up the tokens while they’re still cheap.
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Coinbase partners with VISA to open payment channels
Coinbase’s new partnership with Visa aims to streamline cryptocurrency transactions by enabling users to buy, sell, and trade crypto in real-time within the platform. It eliminates delays in fund transfers, as users with eligible Visa debit cards can now deposit directly into their Coinbase accounts in an instant. It’s not only bullish for Coinbase, but the entire crypto space will benefit from these major partnerships and easing regulations.
Cronos price prediction: The suffering is over, but don’t expect big gains
Cronos, the native token of the Crypto.com chain, is down nearly 90% from its ATh back in 2021. Unlike similar exchange tokens like Binance’s BNB, CRO has struggled to capture the same utility. This underperformance of CRO is partially due to fewer incentives for holding long-term, and although we’re in a bull market, the most realistic Cronos price prediction would be around $0.10, a 25% increase, assuming the bull market floods into the altcoin space.
Conclusion
Coinbase’s news is big, but not just for the exchange. In fact, the entire crypto space should benefit from easing regulations, but Cronos still faces a challenge to be accepted. Lunex is innovating DeFi with its decentralized exchange, and after it launches, there’s no reason to think it won’t reach the expected 100x ROI.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials:https://linktr.ee/lunexnetwork
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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.
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