Exchanges remain a crucial part of the crypto industry even though the landscape has gone through significant changes. These marketplaces allow anyone to trade, store, and manage crypto tokens in an easy and accessible manner. That is why exchange tokens like Cronos (CRO) and Binance Coin (BNB) have grown in stature and made significant gains over the years.
However, a hot new crypto, the Lunex Network, is capturing the attention of investors and is on course for a massive 500x gain in the near future, according to industry watchers. This piece explains why Lunex Network is turning heads and why BNB and CRO investors are defecting.
Cronos on the rise and poised for a breakout
CRO is the native token on the Cronos Chain, a decentralized finance platform developed by the Crypto.com exchange. Backed by positive sentiment, Cronos is flying upwards on a bullish wave, with the price breaking up close to 10% through key resistance levels.
Investors have been keeping an eye on the token as it recently broke above the 20-day and 50-day MAs, even more strongly confirming its strength in the market. CRO is trading at $0.084 at the time of writing, and consecutive daily closes above $0.09 could send CRO into overdrive. However, it’s not the hot new crypto ambitious investors are currently seeking.
CZ release to propel BNB price
Despite the recent challenges thrown at Binance, BNB remains the fourth-largest cryptocurrency with a huge market cap of $85 billion. It once saw tough competition from other blockchains, but BNB has continued to shine.
In the last 24 hours, BNB price maintained the momentum gained over the last couple of days to trade above $560. It is up marginally in the last week, with the potential release of former CEO Changpeng Zhao on September 29th set to boost the BNB price.
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However, Binance Coin offers limited percentage gains since the entry price is quite high. That’s why several BNB holders are opting for Lunex Network instead.
Why investors are rushing to Lunex Network
BNB and CRO aren’t doing terribly, but analysts point to LNEX as a superior investment option which might just pull off a 500x gain for early backers. But what is all the hype about?
Lunex Network is a decentralized exchange with an intuitive interface and advanced functionality. It gets rid of the hassle that typically characterizes crypto exchanges through simplicity and accessibility. It supports over 50,000 trading pairs, ports slippage-free trading, and integrates institutional-grade liquidity into its offering.
By design, Lunex Network is non-custodial, and it gives users complete control over their assets at all times. This reduces their exposure and risks to hacks and other vulnerabilities that often lead to a loss of funds. Its hybrid model allows for cross-chain bridging and seamless portfolio tracking-things that none of its competitors can offer.
The LNEX token is currently available at a price of $0.0012 in its first stage of presale. Besides making itself the hot new crypto on the block, Lunex Network promises staking rewards, governance rights, and massive mains. Be it a long-term holder or a trader in search of the next big opportunity, Lunex Network is the name.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials:https://linktr.ee/lunexnetwork
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