2 weeks ago
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Lunex Network is drawing attention from Solana (SOL) and Aptos (APT) investors as it offers cross-blockchain trading on a single network. With its 100x growth potential, $LNEX has generated significant excitement, prompting Solana and Aptos traders to migrate toward Lunex Network as the altcoin continues to attract attention with its intuitive platform.
Solana’s Price Struggles to Hold Key Levels Despite Strong Fundamentals
Solana hit $154 on October 16, boosting optimism among investors who hoped it indicated further profits. However, the enthusiasm faded as the price dipped to $147, influenced by bearish sentiments. This sudden dip shook the confidence of Solana holders, emphasizing the challenges the #5 altcoin on CoinMarketCap faces holding its key $150 support level.
Now, Solana has settled at $159.43, a 2.5% jump over the last 24 hours. This minor incline reflects the approach investors are taking with Solana's short-term outlook. Many are also concerned about the rising competition from other altcoins, which could potentially weaken Solana's market position.
While Solana's fundamentals remain sound and offer hope for a positive medium to long-term future, near-term price movements signal a divided market. The next few weeks will determine if Solana can regain its bullish stride.
Aptos Shows Strong Bullish Momentum Amid Key Support and Resistance Levels
Aptos (APT) climbed out of a low of $4.36 to a high of $7 before finding support near $5.5. This particular support has been tested many times and is a key value area, with Aptos smashing through resistance levels. Aptos has experienced a bullish reversal in its short-and-medium-term patterns with today's trading at $10.02.
Conversely, Aptos is nearing a significant resistance level at $10.40, aligned with the annual Volume-Weighted Average Price (VWAP). This resistance could hinder further gains, despite the positive market sentiment. Investors will be closely monitoring Aptos' price action at this level to assess the strength and sustainability of its recent rally.
Lunex Network Redefines Crypto Exchange with Cross-Chain Trading and No-KYC Platform
Lunex Network has entered the crypto exchange space with its cross-chain DeFi platform. Unlike standard exchanges involving third-party wallets like Trust Wallet or MetaMask, Lunex Network provides a non-custodial system. This enables swapping and staking tokens across blockchains without using external wallets.
Lunex Network also offers a DeFi wallet, enabling users to store, buy, swap, or stake tokens directly from one platform on their mobile devices or computers. With its no-KYC policy and Ethereum-backed exchange, Lunex Network ensures enhanced privacy and transparency, appealing to traders who prioritize control over their assets without compromising security.
For retail investors, Lunex Network offers up to 18% APY in staking rewards, while institutional investors are drawn to its merchant payment gateway. This feature allows businesses to accept cryptocurrency payments through integration with their websites, creating new revenue streams and increasing interest in the Lunex Network ecosystem.
Lunex Network has raised more than $820,000 after $LNEX soared 25% in value. With $LNEX tokens going for $0.0015 apiece in stage three of its presale, analysts foresee a 1,000x rally by 2025. As institutional and retail investors keep paying attention to Lunex Network, it has the potential to become a huge name in the DeFi space with promising future prospects.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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