Coinbase Expands Reach, Cronos (CRO) Gains Modestly; Lunex Excels with Decentralized Exchange Growth

Bianca Carvalho
By Bianca Carvalho Add a Comment
4 Min Read

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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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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