Binance And Uniswap Make Way For New DeFi Challenger Lunex Network (LNEX)

BNB and Uniswap are rapidly losing investors after failing to sustain their recent bullish trends. Amidst this sentiment, traders are switching to Lunex Network’s attractive presale that is expected to deliver up to 1800% ROI before its official launch.

As Lunex outshines Binance and Uniswap with its new DeFi exchange, analysts believe Lunex Network could dominate the decentralized exchange market by 2025. 

Binance BNB managed to show resilience after the arrest of its founder, CZ, four months ago. Now, with CZ’s upcoming release on 29th September, analysts thought Binance BNB would experience more price rallies. However, those predictions have ended in vain as Binance BNB’s technical indicators are now flashing bearish signals. For now, BNB is trading at $598.25 after an intra-day decrease of 1.18%. 

Binance BNB’s current RSI of 66 is very close to reaching the overbought zone at 70, marking the end of BNB’s rally last week after the US Fed’s interest rate cut. As Binance BNB’s technical indicators like the CCI and Momentum Indicator flash sell signals, Binance BNB’s price is likely to drop to the $424.9 support in upcoming weeks. 

Uniswap might have a 46.79% share in the decentralized exchange market, but all signs are pointing toward Uniswap slowly losing its dominance. Although Uniswap’s trading volume has increased by nearly 8% in the last 24 hours, this is still a significant pullback from earlier this year. For now, Uniswap is trading at $6.90 after a minor intra-day surge of 0.91%. 

Since Uniswap’s much-anticipated “fee switch” vote has also been delayed for an indefinite period of time, analysts believe Uniswap’s price could fall into bearish territory soon. According to the UNI/USDT daily chart, Uniswap is currently trading below its key 100-day and 200-day SMAs, which typically signals bearish dominance. If Uniswap buyers don’t gain dominance soon, Uniswap’s price is expected to fall to the $4.67 support in upcoming weeks. However, if bullish momentum picks up, Uniswap could surge to the $7.24 resistance. 

Uniswap might have been the decentralized exchange leader for the past few years, but analysts are now betting on Lunex Network (LNEX) to dominate the market. Ever since its presale launch, Lunex has been on a bullish trajectory by recording a huge influx of early investors. As Lunex’s new DeFi exchange gains more traction in Q4’s bull run, analysts believe the platform’s native $LNEX could become the next 100x crypto by the end of the year. 

By bridging isolated blockchains, Lunex Network is bringing a revolution to the decentralized exchange market. On Lunex, traders can swap crypto pairs that operate on different blockchains through the platform’s cross-chain functionality. Instead of connecting third-party wallets like MetaMask and TrustWallet that often run into errors, traders can use Lunex’s user-friendly mobile exchange to swap and trade thousands of cryptos instantly. 

Aside from offering a simplified trading experience, Lunex is also big on rewards due to its commitment to being the world’s first community-backed DeFi exchange. By adding LNEX to their staking portfolio, traders can receive rewards with high APYs from as little as 30 days lock-up periods. To make things even better, Lunex repurchases LNEX tokens on the open market to distribute these rewards, increasing the token’s demand. As demand surpasses the capped supply, Lunex Network is expected to experience massive bullish rallies that only drive the price upwards. 

For now, Lunex has started its presale stages with a low selling price of only $0.0021 per token. As Lunex progresses through the presale, analysts expect the token to hit several new all-time highs in the next few weeks, alongside returns of 1800% by the time of its official launch.

You can find more information about Lunex (LNEX) Network here:

• Website: https://lunexnetwork.com
• Socials: https://linktr.ee/lunexnetwork

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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