SPONSORED POST*
Ethereum’s network activity is trending upwards but Polkadot is still flashing sell signals on its daily chart. Amidst this sentiment, savvy traders are jumping ship to Lunex Network’s presale which has already raised over 1 million USDT within a few weeks of its launch.
Ethereum (ETH) Surpasses $2,600 Milestone as Buying Pressure Picks Up
Ethereum is finally experiencing significant buying pressure as the token’s network activity has reached a weekly high. Since Ethereum’s Gas Fees is as high as 55 Gwei, analysts believe Ethereum is regaining investor confidence now.
Ethereum is currently trading for $2,624.87 after an intra-day increase of 0.26%. Since Ethereum’s Momentum Indicator and MACD Level both suggest high buying pressure, Ethereum price predictions suggest it could test the critical $2,837.11 resistance in the next few days.
Polkadot (DOT) Fails to Attract Investors Despite Upcoming sub0 Conference in November
Polkadot’s ecosystem is expected to see major upgrades during the sub0 conference in November. However, Polkadot’s price hasn’t made any significant movements over the past few weeks which means investors are losing interest in Polkadot.
Polkadot is currently trading for $4.23 after a minor 0.50% intraday increase. Polkadot’s volume has decreased by 8.25% over the last 24 hours which suggests a decrease in investor interest. Since Polkadot is trading below all of its key Simple Moving Averages on the daily chart, Polkadot’s price is expected to decline to the $3.83 support soon.
Lunex Network (LNEX) Presale Tokens are Selling Out Fast
Lunex Network is one of the most explosive ICOs that the market has ever seen. Within a few weeks of its presale launch, Lunex Network has already raised more than 1,000,000 USDT. As Lunex Network’s presale tokens run out, analysts are projecting up to 1800% returns for LNEX holders by the end of presale stages.
The reason why investors are rushing to invest in Lunex Network is the platform’s utility and scalability. Instead of following traditional decentralized or centralized exchanges, Lunex Network is launching a DeFi exchange that allows traders to swap tokens across different blockchains. Even with this cross-chain interoperability, Lunex Network still offers incredibly low transaction fees and high-speed transactions through smart contracts.
Lunex Network is also attracting a variety of Web3 developers who can benefit from the platform’s 65+ RPC nodes. Since LNEX investors can lease nodes, Web3 developers can easily build dApps that function across 40,000+ different blockchains. If that wasn’t enough, then Lunex Network also offers a portfolio tracker that helps traders keep track of their tokens, stocks, bonds, and ETFs in one place.
Although Lunex Network is still in presale, analysts are already tipping at a 100x rally for LNEX on launch day. If these predictions stand true, then Lunex Network could find a place for itself amongst the Top 5 cryptos by market cap in 2025. Lunex Network is currently in stage 3 of its presale with tokens selling for a super low price of only $0.0015 each.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/10/21/ethereum-price-prediction-what-will-eth-worth-2025/