The AVAX price and TAO are trading at critical junctures, and investors are monitoring the two assets closely. But there’s a new kid in the bloc, Lunex (LNEX), which is stealing the spotlight with innovative DeFi features.
This new DEX platform aims to streamline crypto trading with a noncustodial wallet and multichain bridge network. Let’s find out why LNEX is gaining significant investor attention as analysts forecast 18x presale growth for the asset.
The Lunex Non-custodial wallet: your keys, your crypto
Lunex is a unified multichain decentralized exchange that interconnects all blockchain networks with a multichain bridge. The DeFi swapping dApp powers seamless cross-chain asset transfers at super speeds and enables slippage-free token swaps at negligible costs.
A key feature of Lunex is its noncustodial wallet, which enables users to manage their crypto assets with complete peace of mind. The wallet supports 40+ blockchains, and users can buy, store, swap, and stake over 50,000 crypto pairs privately and securely right from the wallet.
Assets are stored on your device, and No KYC verification is required, giving users complete control over their crypto keys. The Lunex noncustodial wallet also offers a lucrative staking program.
Traders and investors staking their LNEX tokens earn up to 18% APY in passive income, which is allocated from a share of trading fees collected on the Lunex exchange.
Lunex’s groundbreaking DeFi features position it to capitalize on the rising DeFi trading trends and capture a big share of the market, driving the LNEX price upwards. Analysts expect the project to grow by 1,800% in presale!
AVAX price dips over 4% monthly
AVAX price had been jotting since August, rising to retest resistance levels in the $30 zone by the end of September. Sadly, AVAX didn’t break out and has been tumbling in October.
AVAX dipped over 4% in the past month. Despite the drop, AVAX price predictions remain bullish. Per CoinCodex, AVAX could surge over 105% to hit $50 in November.
Currently, the AVAX price is in the $24 zone. Investors could be waiting for AVAX to retest daily support in the $20 region before pouring in fresh liquidity to drive the price upwards.
TAO appears ready to push upwards
Bittensor (TAO) reached an ATH of $1,249 on the launch date but has been collapsing as the AI market cools off. Despite the sharp dive, TAO has been drawing investors’ attention due to its potential in AI.
Recently, TAO rocketed from its $163 dip in August to $682 in early October. But the bears took control, pushing the AI token over 11% down in the past month.
TAO is currently trading in the $470 zone, a vital support zone for the assets, and analysts forecast it could rotate back up from here and head upwards. Per CoinCodex, TAO might jot over 235% to hit $1,581 in November.
LNEX token price jots by 58%
Investor confidence in the Lunex DeFi project is palpable as crypto whales scoop over 1.1 million tokens, pushing the ICO past $1.6 million. At $0.0019, the LNEX price is already up 58%! TAO and AVAX traders are accumulating the low-cap gem before the next price jump.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
