BNB hasn’t recorded any significant gains over the past few weeks but TRON whales are beginning to regain interest in the token. Meanwhile, Lunex Network’s presale has already raised more than $1.2 million which is making analysts project up to 1800% returns for LNEX holders by the end of presale stages.
BNB’s (BNB) New Projects Fail to Regain Investor Confidence
BNB Chain has recently added a variety of new projects to its ecosystem. With these new additions, BNB now hosts DeFi, AI, decentralized social, and Web3 gaming projects on its ecosystem. While such developments typically trigger buying sprees, BNB’s price action hasn’t made any significant movements over the last week.
BNB is currently trading for $584.38 after an intra-day decrease of 2.07%. BNB’s volume has also decreased by 7.79% over the last 24 hours which suggests a decline in investor interest. Since BNB’s Momentum Indicator is hinting at bearish dominance, the BNB price prediction for October is as low as $552.6.
TRON (TRX) Presents Bullish Outlook for Q4’s Bull Market
TRON whales are regaining interest in the token as TRON’s large transactions have increased by 196% over the last 24 hours. Since more than 90% of TRON holders are currently in the profit zone, TRON’s strong community backing could trigger more price surges in upcoming weeks.
TRON is currently trading for $0.1602 after an intra-day increase of 0.25%. Since TRON is trading above all of its Simple Moving Averages on the TRX/USDT daily chart. Analysts expect TRON’s MACD line to form a bullish crossover with the signal line in the next few days. If that happens, TRON could test the critical $0.165 resistance soon.
Lunex Network (LNEX) Poised to Challenge Crypto Top 10 by 2025
Lunex Network has been gaining traction ever since its presale launch and it is all for good reason. Since Lunex Network’s new DeFi exchange offers cross-chain interoperability at low costs, traders are already jumping ship to the new network ahead of its official launch. If Lunex Network’s demand continues to skyrocket at this pace, analysts are projecting a massive 100x rally for the LNEX utility token in 2025.
Lunex Network’s cross-chain trading feature means investors no longer need to rely on unsafe third-party wallets to exchange tokens across different blockchains. On Lunex Network, traders can register using an email address, select any two tokens to swap, and enter their recipient wallet address to get their new tokens within the next few minutes. Since Lunex Network has no KYC checks on its signup process, traders can maintain their anonymity while they make transactions.
Lunex Network is also committed to offering gold-standard security through its integration of smart contracts. Aside from sourcing liquidity from multiple blockchains to offer the lowest gas fees in the market, Lunex Network’s smart contracts also let traders track their transactions in the most transparent way possible.
Even with these impressive features, Lunex Network’s presale stage 4 tokens are still selling for a low price of only $0.0017 each. As Lunex Network gains dominance in the DeFi exchange space, analysts are already tipping at 1800% returns for LNEX holders by the end of the token’s presale stages. If this bullish upswing continues, Lunex Network could easily challenge the gains of both BNB and TRON in 2025 and make a place for itself amongst the Top 10 cryptos by market cap.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://blockchainreporter.net/lnex-coin-the-concealed-defi-gem-poised-to-compete-with-bnb-and-trx-by-2025/