This year, a spectacular DeFi token, Lunex Network (LNEX) is projected to contribute consistently in the DeFi space, delivering gains that will surpass Cardano (ADA). Also prepared to attend to user-data security even better than JasmyCoin (JASMY), Lunex Network is on the path to topping these cryptocurrencies.
Lunex Network Introduces Advanced DeFi Features Set To Secure Huge Investors Interest
With its multi-chain bridge network, Lunex Network is on the way to transform the decentralized finance by enabling traders to swap over 50,000 cryptocurrencies across various blockchains without facing exchange fees or the hassle of KYC checks. Also, the DeFi protocol prioritizes anonymity and privacy so users do not need any third-part wallets.
By allowing users across the DeFi market to enjoy near-instant transactions with minimal fees, Lunex Network has joined the list of top DeFi coins projected with bullish trajectories this year. Notably, its ongoing presale has exceeded $500k, while its native LNEX token is presumed to complete a 1800% price rally by the end of its presale. Currently selling for $0.0013, investors are flooding Lunex Network to capitalize on the future growth of its token.
Furthermore, investors are also drawn to Lunex Network due to its lucrative features. For instance, while investors can stake $LNEX tokens to earn up to 18% APY, the network also redistributes part of its revenue back to the community. Generally, the network is integrated with a DeFi wallet, Crypto to Fiat Swap mechanism, B2B Merchant Service, and a Portfolio Tracker.
Cardano Price Faces Struggle as it Plunges Below Weekly Resistance
Despite ending the previous month on a good note, moving from $0.35 to $0.41, Cardano (ADA) price lost to bearish pressure as the token fell by over 14% below this new mark, ending the past week on a negative note. Nonetheless, the native ADA token currently trades within a weekly price range of $0.3352 to $0.4136.
Meanwhile, the bearish movements in the price of Cardano coincides with its price trajectory in the past 6 months, as the token has barely taken any bullish step since it fell from a yearly peak of $0.77. With more challenges to come, Cardano (ADA) may not be able to reach $1 this year.
JasmyCoin Price Continues Bearish Trend As Network Activity Diminishes
Following a series of declines in the volume of activities on JasmyCoin (JASMY) network, its token has continued to fall to lower levels, showing no sign of a trend reversal anytime soon. While its network activity just declined by 31% in less than a day, the price is subsequently experiencing over 3% drop, with cumulative loss of 23.87% in the past 7 days.
Meanwhile, the recent price decline in JasmyCoin price is only a minute part of the token’s wider chart. Since its launch in 2021 where it rose to an ATH of $4.99, JASMY token has retained a bullish price trajectory below $0.1 since May 2021, till date.
Can Lunex Network Price Trajectory Outpace JasmyCoin and Cardano?
Although both JasmyCoin and Cardano are well established, they are currently priced below the $1 mark. Lunex Network, on the other hand, has only recently commenced its presale journey. Considering its unique approach to solving DeFi challenges, and the growing interest from institutional investors, Lunex Network stands a chance to outperform top altcoins like JasmyCoin and Cardano without a benefit of doubt.
You can find more information about Lunex Network (LNEX) here:
- Website: https://lunexnetwork.com
- Socials: https://linktr.ee/lunexnetwork
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.
