Toncoin (TON) Falls, Lunex Network (LNEX) Captures The Market After Selling Out Stage 1 In Hours, Can Cardano (ADA) Keep Momentum?
The crypto market has a knack for being volatile, and recent events only reinforce this statement. This time around, though, the shockwaves of the market’s volatility are being felt differently depending on the token.
While projects like Cardano and Toncoin experienced setbacks, Lunex Network is still powering ahead. A brand new crypto ICO just entering presale has attracted plenty of investors, with the first stage selling out in hours. This article explains why it is the ideal investment for any ambitious cryptocurrency investor.
Toncoin has hardly any hype but has nevertheless accumulated significant value since its launch. That’s because it powers the Telegram Open Network (TON), a layer-1 decentralized blockchain. A percentage of Telegram’s several hundred million daily active users are likely to add support, so it’s no surprise TON is a top 10 coin by market cap.
TON rode the crypto bull market over the last year to hit highs above $8. But since this landmark achievement in May, TON has been unstable and has steadily depreciated. Even though it clawed its way back over the last fortnight, Toncoin shed a significant portion of its value over the last month. With TON backed by a large community, it has decent prospects but short-term price gains remain unlikely.
Cardano has held a position as one of the most innovative and sustainable blockchain platforms due to its focus on scalability and security. Backed by a solid development team and a loyal base of holders, Cardano continues to stay relevant in the crypto space.
Over the last 6 months though, Cardano has been on a decline. ADA fell from its high above $0.7 last May and hit lows below $0.3. The token costs $0.39 at the moment, but can it keep up? The Cardano price prediction remains positive but recent history suggests uncertainty lies in the future.
Lunex Network is designed to take the best features from centralized and decentralized exchanges, providing them all to defi traders. It offers cheaper, faster transactions without compromising on security and accessibility.
Its aggregation protocol sources liquidity from numerous exchanges and splits trades, fetching traders the lowest rates possible. It also operates in a non-custodial manner, where wallets are only connected at the moment digital assets are exchanged.
The LNEX token itself packs numerous benefits. Holding and staking LNEX gets you a slice of the revenues generated by Lunex Network. LNEX holders also get rewards even whilst the presale is still running.
These attractive features are just the tip of the iceberg. LNEX comes with other mouthwatering features that make it a haven for defi traders. It’s well-positioned as tomorrow’s top exchange, which is why the first stage of its ongoing ICO sold out in hours.
LNEX is available for $0.013 at the moment but time is ticking. Experts predict further increases before the presale ends, and investors who make haste and join the crypto ICO’s bandwagon stand to make decent investment returns.
You can find more information about Lunex Network (LNEX) here:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
How Solana Transformed an Entrepreneur’s Life & Why BlockDAG Could Be the Next Millionaire Maker…
The SOL price has surged to well over $200 as its market capitalization exceeded $100…
BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…
The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…
Meme coins are back with a bang and are as insanely volatile as ever! Bonk…
Staking has become one of the most effortless ways to generate passive income in the…