Lunex Network Challenges Binance with No KYC and Lower Fees; $20M Tokenized Paper Launched on Ethereum

Lunex Network Challenges Binance with No KYC and Lower Fees; $20M Tokenized Paper Launched on Ethereum
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BNB’s Impressive Comeback with High Volumes

BNB’s former CEO, Changpeng Zhao, is set to be released from jail by the end of September after serving a four-month sentence, creating bullish waves across BNB’s price chart. In the latter half of September, BNB’s Smart Chain ecosystem experienced substantial growth:

  • NFT Sales: Increased by nearly 40%.
  • Decentralized Exchange Volume: Saw a massive 52% increase, making BNB the third-largest decentralized exchange network.

Currently, BNB is trading at $574.07, reflecting a minor intra-day decline of 4.02%. Analysts are optimistic about BNB’s potential for growth in Q4, especially as it forms a rare inverse head and shoulders pattern on its daily chart. If the bullish trend continues, BNB could reach the nearest resistance at $620.30 before testing the critical milestone of $707.20.

Ethereum Whales are Booking Profits

In contrast, Ethereum has seen a significant whale transaction recently, with an Ethereum whale selling over 10,000 ETH for approximately $27.8 million, realizing a profit of $554,000 in a single move. Despite Ethereum’s 6.03% surge over the past week, it is facing a bearish outlook:

  • Current Price: Trading at $2,707.67 after a 2.61% intra-day increase.
  • Community Sentiment: Still 72% bearish, with the token trading below its 100-day and 200-day Simple Moving Averages.

If profit-taking continues, Ethereum’s price could experience a substantial pullback to the $2,005.05 support level in Q4.

Lunex Network Captures Attention with Explosive Presale

While BNB and Ethereum show promising movements, they pale in comparison to the explosive presale momentum of Lunex Network (LNEX). The Lunex Network is attracting investors with its:

  • Exclusive Liquidity Mining Opportunities: Encouraging active participation.
  • Ethereum-Backed Security Protocol: Enhancing trust and security for users.

Analysts expect the $LNEX token to surge by 1,800% before the end of its presale. The platform’s cross-chain compatibility allows traders to swap over 50,000 crypto pairs seamlessly across multiple blockchains, eliminating the need for untrustworthy third-party wallets.

Innovative Features of Lunex Network

Lunex Network is set to disrupt the decentralized exchange market with its range of innovative features:

  • Merchant Payment Gateway: Enabling large-scale businesses to accept cryptocurrency payments.
  • 65+ RPC Nodes: Allowing Web3 developers to build decentralized applications (dApps) across multiple blockchains.
  • Lunex Pro Subscription: Offering cashback on transactions, premium staking benefits, and AML wallet address checks for enhanced security.

The presale for Lunex Network’s Stage 2 is currently live, with a selling price of just $0.0013 per token. As demand for the $LNEX token rises, analysts are already predicting a potential 100x post-launch rally.

Conclusion

As BNB experiences a bull trend and Ethereum navigates whale-driven movements, Lunex Network emerges as a promising player in the DeFi space. With its innovative features and strong presale momentum, Lunex Network is poised to capture the attention of investors seeking new opportunities in the evolving cryptocurrency landscape.