The crypto market is rarely dull! Even by its standards, things are heating up. Solana meme coin BONK is bouncing back with renewed vigor while the once-forgotten SEI coin soared over 5% MoM. Amid this flurry of activity, an emerging crypto exchange is blazing a trail to change the DeFi status quo with its innovative fiat-to-crypto AMM DEX platform that paves the way for a seamless, secure and user-friendly DeFi. But what sets this DeFi crypto exchange apart? Let’s find out.
BONK Solana meme coin bounces off the critical level. Signs of a strong reality ahead?
BONK staged a comeback after bouncing off a critical level and showing signs of a potential rally. After a four-month rally, the BONK Solana meme coin found support near a recent yearly low at $0.000014 and went up over 20% to a monthly high above $0.000026.
Technical indicators are flashing green, and BONK’s trading volume has exploded by double-digit percent in the last week alone. Short sellers are already feeling the heat of the BONK’s confidence growth after $126.59K in short liquidations was recorded recently. Analysts are even predicting a potential 70% pump to BONK’s all-time high from its current price of $0.000019.
SEI soars 50% MoM. Time to HODL or sell?
SEI’s price also had an excellent month after adding 50% MoM while other altcoins were reeling. SEI price’s recent performance has continued to pique everyone’s attention, especially as TVL doubled to a record high at $217.5M and price edged close to yearly ATH.
The soaring trading volume, chart-dominating positions and surging open interest that SEI price has recently experienced fuel this rally. This could only mean that high rollers are betting heavily on SEI’s sector-specific layer, one parallelized EVM execution layer. Even analysts predict an 80% chance of SEI sustaining an upward trajectory from its current $0.38 price.
Lunex Network crypto exchange’s innovative fiat-to-crypto solution disrupts DeFi.
The Uptober hype means the crypto market may be rolling into another bull run. It’s probably a tricky moment beyond thousands of investors who are still dealing with the nightmares of FTX, 3AC, Celcius, and Terra Luna falling the last time they dare join the bull hype.
New crypto exchange, Lunex’s groundbreaking approach to DeFi features a world where DeFi users can securely swap their fiat to crypto over multiple chains and capitalize on opportunities, effectively. It boasts an impregnable smart contract-powered Enclave protocol. Besides, the new crypto exchange is making it easier than ever for users to enter the crypto market by removing the technical barriers that have often hindered mainstream adoption.
Lunex isn’t just a blend of CEX/DEX; it’s a well-established, multichain DeFi ecosystem, and its DeFi solutions are second to none. Its fiat-to-crypto system also features myriads of DeFi opportunities, including staking, yield farming and the passive income revenue share program.
All these made analysts put its ongoing presale’s potential at a whopping 100x. The ICO, which started just a few days ago, has rolled into its second stage with over $550k accrued, and the price is still at just $0.0013.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://blockchainreporter.net/bonk-price-bounce-and-seicoin-soars-as-emerging-crypto-exchange-announce-fiat-to-crypto-system-to-challenge-the-status-quo/