Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.
As DeFi trading trends continue to rise, Lunex could grow into a multibillion DeFi exchange, returning a stash of cash to early adopters.
Solana price is approaching $160, while Dogecoin is trading toward the $0.14 region as crypto pundits continue their pursuit of digital assets as the “future of money”.
But it’s Lunex (LNEX), a new DeFi swapping dApp on Ethereum, that has emerged as the top crypto to watch in the presale market. As users lose faith in the centralized financial system, experts believe the need for self-custody is going to rise, catapulting decentralized financial platforms like Lunex into the mainstream.
Lunex Network (LNEX) Jumps 25% in Presale
Lunex network is the top crypto to watch right now for presale investors. First movers have already witnessed a 25% price increase as the ICO amasses over $893K in stage 3.
The noncustodial DeFi trading exchange allows everyone to buy, sell, swap, and store over 50,000 multichain currency pairs with no KYC verification or custody involved. Users can also participate in further DeFi activities like crypto staking, lending/borrowing, yield farming, and liquidity mining.
The Lunex multichain bridge is the platform’s unique feature that enables cross-chain interoperability, making it faster and cost-effective to transfer assets and share data across different blockchains.
As DeFi trading trends continue to rise, Lunex could grow into a multibillion DeFi exchange, returning a stash of cash to early adopters. Furthermore, LNEX holders will earn up to 18% in passive income from a share of the platform’s profit.
Dogecoin Rockets 32% Monthly
The $0.1 price floor has been providing a robust support zone for DOGE. The largest meme coin revisited this zone in early October and has been on the fly since. As of press time, DOGE was up over 32% in the past month, trading towards the $0.14 mark.
Historically, the $0.13-$0.14 zone is a major resistance zone for DOGE, and investors are keeping an eye out to see if it will break above this price threshold.
If that happens, DOGE could begin a longer uptrend to retest its yearly high in the $0.22 region, making DOGE a top crypto to watch for meme coin enthusiasts.
Solana Price (SOL) Appears Ready to Blow Past $160
Solana is a top crypto to watch as it approaches the $160 level. Solana’s price inability to breach $160 three times in the past months has made this price threshold a formidable barrier for investors expecting SOL’s rally.
Recently, SOL hit $159 before a slight drop to $153 where it appears to collect the liquidity required to blow past $160 and head upwards. If Solana’s price breaches this long-term psychological barrier, it might begin a medium-term bullish reversal toward $200.
Investors Are Buying into the Lunex Network Presale
Just a few weeks after its debut, whales have already gobbled over 695 million LNEX tokens. Investors are rushing to score this crypto gem at the $0.0015 price floor, with SOL and DOGE whales being the latest entrants.
Analysts expect a 1,800% price increase during the ICO stage followed by parabolic price action on launch! Stepping in at the current price gives you enough headroom to maximize the presale gains.
You can find more information about Lunex Network (LNEX) on the website or social media accounts.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.