On-Chain Metrics Reveal This Trending Altcoin Could Replicate Cardano’s (ADA) Recent 120% Surge

Cardano is ready to target the $1 milestone by forming a golden cross on its daily chart but some technical indicators are already indicating selling pressure.

Meanwhile, Lunex Network’s presale is gaining traction with its no KYC and multi chain exchange platform.

Cardano (ADA) Becomes 2nd Most Popular Token After Post Election Rally

Cardano is currently at 2nd position in the trending cryptos list after recording an impressive 109.43% rally over the last 30 days. Since Cardano has formed a golden cross on its one-day chart, many believe Cardano’s price could rally towards the big $1 milestone within the next few weeks. Cardano’s Total Value Locked has also reached a new milestone at $470 million and is likely to increase even more as Cardano’s network activity rises.

Cardano is currently trading for $0.7348 after an intraday increase of 1.59%. Since Cardano is floating above all of its Simple Moving Averages at this price, crypto enthusiasts believe Cardano is likely to experience more buying pressure before the end of November. However, some traders are becoming cautious as Cardano’s CCI and Momentum Indicator have started flashing sell signals already. If Cardano manages to retain the ongoing momentum, the token could test the nearest resistance level at $0.981.

Lunex Network’s (LNEX) Ethereum-Backed Trading Platform Gains Traction in Q4 Bull Market

Lunex Network is still a newcomer in the Web3 DeFi industry but it is already gaining significant attention for its revolutionary exchange. Since Lunex Network is backed on Ethereum’s immutable blockchain, the platform is attracting a huge number of traders who value their privacy and security. Although Lunex Network has already proven its potential for gains by raising nearly $2.5 million in presale, many in the crypto space believe the platform’s native LNEX token could become one of the most profitable DeFi tokens before the end of the year.

The reason why Lunex Network is disrupting the market in such little time is the platform’s unwavering commitment to security. Unlike other platforms that have lengthy signup forms, Lunex Network allows new users to sign up with no KYC checks. If that wasn’t enough, then Lunex Network also gives traders complete ownership of their digital assets and protects their privacy through smart contracts.

Aside from retail investors, Lunex Network is also seeing a huge influx of new institutional investors who can benefit from the platform’s exclusive features. Businesses can integrate Lunex Network’s merchant payment gateway on their existing websites to accept cryptocurrencies as payment from any customer around the world. Since this feature increases Lunex Network’s real world utility and opens up new avenues for business owners, Lunex Network is setting the stage for a new era of seamless crypto-to-fiat transactions.

Given these remarkable features, it is no shock that Lunex Network’s presale tokens are selling out in record time. Since crypto enthusiasts are expecting LNEX to rally by 1800% by the end of presale, now is the perfect time to invest in Lunex Network at a low price of only $0.0026 per token.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network
Socials: Join Lunex’s Growing Community

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article