The DeFi resurgence is here! Uniswap’s (UNI) recent 50% price gain highlights the cryptocurrency market’s ongoing appetite for protocols with true autonomy in trading. Moreover, as Binance Coin (BNB) faces multiple centralized concerns in stark contrast to the moving trend, a newcomer in DeFi, Lunex Network, is set to steal its market share.
Lunex Network’s standout ICO is already gaining interest after raising $2 million in liquidity from 20,000 subscribers. As momentum builds, the real question is: what rewards await those who join Lunex Network’s captivating ICO? Let’s find out!
Lunex Network ICO: Leading the pack with unmatched rewards
Lunex Network ICO is bringing the possibility of spectacular gains to the doorstep of every investor by introducing revolutionary innovations in the DeFi space.
Lunex Network is the latest decentralized exchange that allows traders to swap cryptos easily, providing a seamless crypto trading experience. But it doesn’t stop there! Lunex Network brings back the simplicity, transparency, and trust centralized exchanges like Binance offers.
Instead of relying on third-party wallets – risking the security of crypto traders, Lunex Network users can connect their wallets on a need-to-use basis, ensuring safety in all transactions.
Besides security, Lunex Network interoperability is the game changer Uniswap investors have been anticipating. Crypto traders can effortlessly swap over 50,000 assets across multiple blockchains instead of relying on a single chain.
At the heart of this evolution is LNEX, the native token of the Lunex Network. With LNEX, investors have the opportunity to earn passive income when they stake their tokens for an 18% APY. In addition, a system of token buybacks ensures the LNEX price remains deflationary – maintaining its status as a top performing crypto.
Uniswap breaks out of the month-long red zone
With Bitcoin and Ethereum driving the overall market sentiment upward, Uniswap prices have seen bullishness, which saw it rise above its 3 months red zone. Recently the UNI price broke above a major resistance level with a 30% rally. The technical indicator depicts a further bullish thesis, and the on-chain data aligns with it.
This data shows that UNI tokens from dormant wallets are moving again. Therefore, the Uniswap price could be heading for $10 before the year ends. However, caution remains as Uniswap’s rallies of a similar nature tend to revert to the mean – providing an opportunity for crypto whales to accumulate their positions before continuation.
BNB troubles deepen amid growing liquidation concerns
Nowadays, the news for BNB is rarely good as the 4th largest crypto asset faces mounting pressure that could affect its position as a top performing crypto. In addition to its regulatory concerns in most jurisdictions, BNB announced that it’s limiting fiat withdrawals in Europe, citing issues related to Single Euro Payment Areas (SEPA) transfers.
As a result of this bearish news, the BNB token tanked even further as crypto whales reduced their orders. In the long term, BNB may recover, but its investors are losing patience, and massive liquidation can follow, plummeting the BNB price.
Conclusion
The current trend in the DeFi marketplace is clearly a case of ‘winner takes all’, and Lunex Network is proposing next-level innovation, which could make it outpace BNB and UNI. Fortunately, Lunex Network is available at a discount of $0.019, so act fast!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
