Uniswap and Binance are trying to reignite investor interest by announcing big upgrades and conferences. Despite these efforts, Lunex Network’s new multi-chain exchange is still expected to become the leading DeFi exchange token by 2025. Discover why analysts are tipping it as the next 100x gem.
Uniswap’s Volume Surges by Massive 350% in 24 Hours
A Uniswap developer has announced a new L2 network called Unichain which will significantly reduce transaction speeds on Uniswap’s ecosystem. Thanks to this upgrade, Uniswap has recorded 19.46% gains over the past week. Uniswap is currently trading for $8.01 after an intraday increase of 0.66%.
Since Uniswap’s volume has increased by a massive 56.25% over the last 24 hours, analysts believe Uniswap is experiencing a massive rally. If buying pressure stays high, Uniswap’s price could test the $9.25 resistance soon.
Binance (BNB) Announces BNB Incubation Alliance Conference
Binance has announced the fourth edition of its annual BNB Incubation Alliance (BIA) which is scheduled for October 31. Since Binance’s previous conferences have been quite successful, Binance believes that this year’s event will also trigger a bullish rally for BNB. For now, Binance’s BNB token is trading for $566.70 after an intra-day decrease of 0.22%.
Although Binance’s event is expected to unveil new updates for the BNB Chain, investors still don’t seem too hyped for it. Binance Coin’s volume has only increased by 0.99% over the last 24 hours which typically suggests that investors are minimally interested. Since Binance Coin is trading below all of its Simple Moving Averages on the 4-hour chart, analysts believe Binance is headed straight into bearish territory. If buying pressure doesn’t increase soon, Binance Coin’s price could fall to the critical $552.6 pivot.
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Lunex Network (LNEX) Attracts New Wave of Investors with Fiat Integration
Uniswap and Binance have dominated the crypto exchange sector for several years, but Lunex Network’s new DeFi protocol is leaving them behind by a mile. By launching a non-custodial exchange that enables cross-chain trading, Lunex Network is already revolutionizing the entire DEXs and CEXs market during its presale. If this bullish momentum persists throughout Q4, analysts are projecting a massive 100x rally for Lunex Network’s LNEX token on its official launch day.
The reason why investors are rushing to add Lunex Network to their portfolios is the platform’s real-world adoption. Instead of only being another digital asset, Lunex Network’s black card allows traders to use their crypto holdings for day-to-day expenses. Since Lunex Network is based on the latest Web3 technology, it enables these crypto-to-fiat transactions in the most seamless and quick way possible.
On Lunex Network, traders can swap more than 50,000 crypto pairs that operate on different blockchains. By bringing cross-chain interoperability to the world of exchange-based tokens, Lunex Network is completely eliminating the need for untrustworthy third-party wallets like MetaMask or TrustWallet. To make things even better, Lunex Network features a no-KYC policy that allows traders to keep their identity private whilst making large-scale transactions. Lunex Network also allows traders to track their transactions in a completely transparent manner through the integration of smart contracts that remove the use of automated market makers.
For now, Lunex Network is in stage 2 of its presale with tokens selling at a surprisingly low price of only $0.0013 each. Given the bullish momentum around Lunex Network, analysts are already projecting a massive surge for the $LNEX token before the end of this week, making now the ideal time to invest!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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