Multi-chain DeFi protocol Lunex Network is fast drawing admirers among whales across the crypto sea with the launch of stage 2 of its presale kicking off. With its stage 1 token allocation selling out 430 million $LNEX in just under two weeks, the cross-chain swap/bridge/wallet solution is being tipped as one of the most intriguing investment opportunities. Analysts believe Lunex will outperform both big-cap tokens XRP and BNB and provide a superior ROI for crypto investors in 2024 and beyond. Here’s why.
Crypto investors pile into Lunex Network presale
DeFi is bound for a major comeback—and crypto investors who have a pulse on the industry know it. That’s why the smart money is pouring into new projects that could skyrocket in the next bull run. Lunex is expected to onboard a new generation of Web3 and DeFi users with its cross-chain swap, bridge, liquidity aggregator, and wallet solution. Lunex Network, for one, offers 50,000 crypto pairs across 40 networks under one protocol, introducing a new era in blockchain interoperability.
Lunex Network removes the complexity and hassle of dealing with third-party services such as centralized and decentralized exchanges as well as vulnerable asset bridges. The protocol simplifies buying, selling, swapping, and custody for new users, allowing them to participate in the full DeFi experience under one easy-to-use protocol and self-custodial wallet.
This has gotten crypto investors excited about its IDO. The early groundswell of support has seen stage 1 of its presale sell over 430 million $LNEX tokens. As of stage 2, $LNEX tokens will be available at $0.013, offering crypto investors the earliest possible opportunity to invest in the next DeFi blue chip of 2024 and beyond—at the lowest possible entry point. Crypto analysts believe Lunex Network could become a pivotal player in the next DeFi boom phase with its multi-chain bridge, non-custodial wallet, and a suite of cross-chain DeFi services, giving its native token $LNEX a clear path to parabolic growth.
Ripple vs SEC tiff continues to suppress XRP prices
XRP prices were expected to skyrocket in 2024. But despite all the hype, XRP failed to even muster a run to $1. XRP prices fell by a disastrous 17% in the first week of October, currently trading at $0.54. That means XRP has lost all the gains it made in September. While $1 remains a realistic target for XRP—it’s looking more and more unlikely to achieve the feat by the end of the year. One of the major hurdles turning off crypto investors from XRP is the ongoing Ripple vs SEC tiff, which has put a hard cap on its growth prospects in the coming years.
Can BNB make a push back to $600?
BNB closed out September by peaking at the $612 mark, setting off speculation that the Binance-linked Layer-1 token could retest its previous all-time high of $717 set last June 4th. However, the euphoria was short-lived after the first week of October resulted in whale investors taking out profits on BNB’s September gains. Nevertheless, BNB is within earshot of the crucial $600 mark, trading at $570 as of press time. Should BNB hold up its positive trajectory and hold above $600, we could see BNB mint a new all-time high by the end of the year. However, its upside is significantly less than Lunex, which is tipped for a potential 10x by year-end.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork