Polygon Hits $2.28B Market Cap: IMX & LNEX Price Showdown

Polygon Hits $2.28 Billion Market Capitalization

Polygon (POL) has recently achieved a significant milestone, reaching a market capitalization of $2.28 billion. However, in the last 24 hours, the coin has seen a decline of 4.12%. Currently priced at $0.4034, Polygon’s recent performance shows a slight drop of 4.14%.

If buyers can reverse this bearish trend, Polygon may have the potential to rebound and re-test the $0.50 level. The platform is also developing a roadmap for Polygon 2.0, aiming to bolster bullish sentiment in the market.

In addition, Polygon’s collaboration with Starbucks, focusing on a loyalty program based on NFTs, showcases its commitment to real-world applications.

What 32.47 Million IMX Tokens Mean for Immutable X Investors

Immutable X (IMX) has experienced a 2% decline in the last 24 hours, bringing its current price to $1.72. Despite this drop, the overall outlook for IMX remains positive.

On October 4, Immutable will release 32.47 million IMX tokens, valued at approximately $53.58 million, accounting for around 2% of its circulating supply.

In the past 30 days, Immutable has seen an increase of 18.34%. However, following the altcoin’s substantial surge in value, a price correction might be imminent, especially after its recent listing on Coinbase.

Lunex Network Leads in Low-Fee Cross-Blockchain Transactions

Lunex Network (LNEX) is emerging as an innovative DeFi exchange that enhances cross-blockchain payments for crypto traders. The platform offers access to over 50,000 crypto pairs across more than 40 blockchains, allowing for flexible trading at the lowest fees.

One of Lunex Network’s standout features is the elimination of complicated KYC requirements for trading. Instead of relying on third-party wallets like MetaMask, traders can utilize Lunex Network’s secure mobile exchange, processing all transactions on Ethereum’s blockchain for safety and ease of use.

Key Features of Lunex Network

• The native token, $LNEX, will be used for all merchant and token listing fees.
• $LNEX is deflationary, promoting natural buying pressure and contributing to a stable floor price.
• The platform allows cryptocurrencies to be used as collateral for short-term loans in fiat or stablecoins like USDT.
• Business users can trade cryptocurrencies and convert them to fiat via Lunex Network’s B2B API.

Additionally, $LNEX holders will benefit from a revenue-sharing program that distributes millions in weekly rewards and profits, providing a passive income stream.

Join the Lunex Network Presale

With the $LNEX presale priced at just $0.0013 per token in stage 2, Lunex Network offers an affordable entry point for investors. Analysts predict that Lunex Network could rival established players like Polygon and Immutable, with a potential 100x growth by 2025. Don’t miss out on this opportunity!