If one were to offer Bitcoin at $93,000 a mere month ago, every investor in the crypto market would have taken it and called it a massive win. And yet, Bitcoin at $93k is a correction, with the OG cryptocurrency down from its ATH of $99,575. Looking at crypto market indicators, it's overwhelmingly red for the 24-48 hour cycle, but a few green candles are pushing through. Stellar is up 13%, and Lunex Network’s crypto ICO has gained over $3 million in liquidity.
Lunex Network (LNEX): Crypto ICO bears fruit
Crypto ICOs are where the smart money goes to invest in tokens with massive potential. At the same time, their price is fixed and arguably at the lowest they will ever be. Lunex Network is a new decentralized exchange currently in presale, and its crypto ICO has gained almost $3.3 million in liquidity thus far.
This is a massive win for Lunex Network and is a telling symptom of how much Lunex is set to disrupt the established crypto market. Even though crypto trading has been around for a decade, there are still many issues with current trading platforms. Nothing is an all-round solution, and every crypto exchange requires compromise.
Lunex has been designed from the ground up to be the perfect crypto trading platform, and it is no wonder that its crypto ICO has gained so much traction with investors.
Bitcoin (BTC): Price adjustment expected in massive bull run
The current headline is that Bitcoin is down 6%. But that’s 6% from a candle of over 40% of the last 30 days. Bitcoin has not just had a bull run but a full-on stampede! November has been one of the most bullish months the crypto market has ever seen. A price adjustment is to be expected.
Bitcoin met resistance at just under $100k a week ago but met support at $91k. This is to be expected as profits were there for the taking. But do not expect the crypto market bull run to be over. Bitcoin will break the 100k barrier and is unlikely to stop before $150k.
Stellar (XLM): Big winner in slight downward crypto market adjustment
Stellar is either a companion project or a direct competition to XRP, depending on how you view it, and Stellar has ridden up the charts on the bullish crypto market sentiment to take the 13th spot.
The last week in November has seen a lot of red candles as profit-taking moved crypto market indicators, but Stellar was up a healthy 13% on a 24-hour candle, and an impressive 108 on the 7-day candle.
Stellar is cementing its place back among the top cryptos, and Stellar is looking, well, stellar, as Coincodex predicts Stellar to still 3x this cycle before the crypto market bull run ends.
Conclusion
It’s a great time to invest, and the market adjustment to lower prices may be the last great buy-low opportunity before the crypto market goes ballistic, and we’ll never see these levels again. Bitcoin is always an excellent investment, and Stellar is making its name great again, but it’s the Lunex crypto ICO that is getting the spoils here.
Bitcoin and Stellar are available on all great crypto exchanges, but Lunex Network is only available directly from their website at $0.0031.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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