Ethereum’s Bounce Back Allows Investors to Capitalize With Lunex Network’s DeFi Driven Coin

Bianca Carvalho
By Bianca Carvalho Add a Comment
4 Min Read

Ethereum has started to recover after recently clearing the $2,320 resistance, but the token is still struggling to pick up bullish momentum. Even though Ethereum’s future remains uncertain, many traders are regaining interest in the token to prepare for potential gains by the end of Q4. 

Meanwhile, Lunex’s new DeFi crypto exchange is ready to disrupt the market with its revolutionary strategy to allow spot trading across different blockchains. Since Lunex’s native $LNEX also offers utility through massive staking rewards, analysts are already projecting a massive 100x rally for Lunex on launch day. Here’s why Ethereum investors are starting to diversify. 

Ethereum (ETH) Recovers After Bearish Summer

Ethereum’s price has declined by nearly 11% over the past 30 days following strong bearish pressure. Although Ethereum was able to clear the $2,300 and $2,320 resistance levels, it has encountered a setback once again. Ethereum is currently trading at $2.291 after a minor 0.78% intra-day decrease. 

Despite the price volatility, Ethereum’s trading volume is up by 17.2% during the last 24 hours. As Ethereum’s RSI climbs above the 50-neutral level, the token’s price is expected to undergo more upswings in the upcoming weeks. If Ethereum can break through the bearish pressure, ETH’s price could rise toward $2,450 before the end of September. 

Lunex ($LNEX) Set to Disrupt the Decentralized and Centralized Exchange Market

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Lunex is revolutionizing crypto exchanges by connecting isolated blockchains into a single, non-custodial exchange. With no KYC checks, instant transfers, and low costs, Lunex is expected to become the leading crypto exchange by 2025.

While traditional decentralized and centralized exchanges struggle to allow traders to swap cryptos that operate on different blockchains, Lunex effectively solves this problem through its completely decentralized and low-cost platform. With Lunex, both new and experienced traders can exchange cryptos easily without worrying about security breaches and anonymity issues. 

Since Lunex processes all transfers through smart contracts instead of AMM, Lunex’s DeFi protocol offers the first fully transparent crypto exchange in the market. Instead of creating an account and giving away personal information, traders can simply select two cryptos to exchange and enter a wallet address to receive their new crypto within seconds. 

Aside from Lunex’s revolutionary exchange, Lunex also offers long-term utility to traders through its native $LNEX token. LNEX will be used as the primary payment currency for all merchant and token listing fees on Lunex, making the token’s price incredibly deflationary over time. Additionally, Lunex also shares its profits with investors by repurchasing $LNEX on the open market and distributing these to long-term holders as staking rewards with up to 18% APY. 

Although Lunex has just kicked off its presale with a selling price of $0.0012, analysts are already tipping at several price surges within the next few weeks. Once Lunex is officially launched, the $LNEX token is poised for 100x gains, making it the largest decentralized cryptocurrency exchange in the market. 

Discover the Exciting Opportunities of the Lunex (LNEX) Presale Today!

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.

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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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