Cosmos and The Graph may have experienced big rallies in September, but neither of these tokens presents a bullish outlook ahead of Q4. Meanwhile, investors are switching to Lunex Network’s explosive presale, which has already reached stage 2 in record time.
Cosmos (ATOM) Loses Momentum Ahead of Cosmoverse
Cosmos’ price rallied by 6.38% over the last seven days, making investors optimistic about Cosmos’ growth during the upcoming Q4 bull market. Since Cosmos’ yearly Cosmoverse conference will also be held in October, analysts are positive about big announcements to the Cosmos ecosystem such as interoperability, EVM, and tokenization.
Despite this bullish outlook, Cosmos is currently trading for $4.85 after a sudden intra-day decrease of 4.45%. Since Cosmos failed to break above its 100-day and 200-day Simple Moving Averages on the daily chart, Cosmos’ recent bullish momentum is officially coming to an end. Given the 40.22% increase in Cosmos’ volume in the last 24 hours, investors appear to be losing interest and selling out now.
The Graph (GRT) Investors Remain Cautious
The Graph has been on a bearish trend since May 2024, indicating a huge shift in market sentiment and investor interest. Although The Graph continues to provide a decentralized ecosystem for dApp development, The Graph’s native GRT token is still experiencing volatility. The Graph is currently trading for $0.1816 after a 0.79% intra-day decrease.
Despite recording 23.88% gains in September, The Graph might experience a bearish takeover in Q4. The Graph’s Momentum Indicator is already suggesting bearish dominance as the token trades below its key 200-day Simple Moving Average. Since The Graph’s volume is also up by more than 50% in the last 24 hours, more selling pressure could push The Graph’s price down to the $0.1119 support in upcoming weeks.
Lunex Network (LNEX) Enters Presale Stage 2 in Record Time
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Lunex Network is outpacing every crypto exchange in the market with its explosive presale. By bringing the features of decentralized exchanges to a single, non-custodial platform, Lunex Network is offering a crypto exchange with cross-chain functionalities. Lunex Network has already managed to raise more than $450,000 in record time, and the second presale stage is expected to sell out even sooner. If these bullish predictions stand true, Lunex Network could be targeting the $1 milestone before the end of the year.
The main driver behind Lunex Network’s quick rise to the top is its multi-functional exchange platform. Aside from simplifying trading by allowing crypto swaps across blockchains, Lunex Network also has an advanced aggregation protocol that ensures the lowest possible price for every crypto swap. When traders choose any of the 50,000+ pairs to swap, Lune Network searches multiple decentralized exchanges and splits the trade across different platforms to provide the best deal.
Since Lunex Network also makes use of smart contracts, it enables instant trades through an ingenious combination of AMM and off-chain order books. With smart contracts, traders on Lunex Network can track their transactions in real-time and be notified when they receive their funds.
Lunex Network’s DeFi exchange works with the platform’s native $LNEX token that also functions as an independent utility token. By staking LNEX, traders can receive up to 18% APYs in as little as 30 days. Since Lunex Network prioritizes user experience, traders can add more LNEX tokens to their staking pools without losing their initial APY.
Lunex Network’s presale stage 1 sold out in record time after raising more than $350,000. Now, Lunex has just kicked off stage 2 of its presale, with tokens still selling for a low price of only $0.0013 per token. As Lunex Network gains momentum in the DEX space, analysts project a massive 1800% surge in LNEX’s price before the end of its presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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