Bitcoin rejecting the $64K level once again means a bearish sentiment for the rest of the market, but TRON’s ongoing rally is expected to last for at least a few weeks. Meanwhile, Lunex Network is defying all odds by raising more than 750,000 USDT in presale already as analysts tip at a massive price surge within the next few days.
Bitcoin might have tested several highs over the last few months, but it hasn’t been able to sustain any level above $66,000 since July 2024. Despite recording a promising 5.2% uptick between October 3 and October 7, Bitcoin’s price has faltered once again. Bitcoin is currently trading for $62,282.58 after an intra-day decrease of 2.79%.
Analysts believe Bitcoin’s price is suffering due to a broader sentiment of uncertainty amongst investors. As the US Fed delays interest rate cuts and global socio-political uncertainty increases, Bitcoin’s price is expected to record more lows in upcoming weeks. Since Bitcoin’s MACD is also flashing sell signals, Bitcoin’s price could retrace to the $60,785 pivot soon.
The TRON network has recently experienced a huge increase in stablecoin activity as whales showed interest in TRON’s low transaction fees. TRON also generated a massive revenue of $577 million in Q3, outshining big players like Bitcoin and Ethereum. Although TRON experienced small consolidations throughout the last seven days, it is now regaining bullish momentum. TRON is currently trading for $0.1569 after an intraday increase of 0.61%.
TRON’s volume has also increased by 9.28% over the last 24 hours, hinting at increased investor interest. As TRON’s daily chart flashes strong buy signals, analysts believe the ongoing TRON rally could push the price up to $0.1611 in the upcoming weeks. TRON’s RSI is also in neutral territory for now, suggesting that there’s still more room for growth before facing a potential reversal.
Lunex Network (LNEX) is quickly outshining established tokens like Bitcoin and TRON amidst the Q4 bull market. By launching a new DeFi exchange that enables cross-chain trading, Lunex Network is resolving the long-standing problems of slow transaction speeds, high gas fees, and even security. Since Lunex Network offers a unique set of features that simplify the entire trading process, analysts are already tipping at massive 1800% gains for LNEX before the end of its presale.
Instead of forcing traders to settle for slow speeds and high costs, Lunex Network integrates the latest AMM and smart contracts technology to execute trades at lightning-fast speeds and minimal costs. Through this revolutionary technology, Lunex Network sources liquidity from multiple places and splits every trade across different DEXs to ensure the best price.
Even during its presale, Lunex Network is already compatible with more than 50,000 cryptos such as Ethereum, Solana, TRON, and more. Aside from attracting retail investors with this wide selection of trading options, Lunex Network is also seeing a huge influx of Web3 developers. These developers can use any of Lunex Network’s 65+ RPC nodes to develop new dApps that can be functional across multiple blockchains, increasing the real-world adoption of Lunex Network.
The best part about investing in Lunex Network during its presale is the opportunity to receive an exclusive Black Card that allows traders to make real-world payments with their crypto assets. Since Lunex Network’s aim is to increase the real-world adoption of cryptos, this new DeFi platform is quickly revolutionizing the entire DEXs and CEXs market with its explosive presale.
Lunex Network has already sold more than 60% of its presale stage 3 tokens as the token’s demand reaches a new high every day. Lunex Network is currently selling tokens for a low price of only $0.0015 each, but this price isn’t expected to last long as analysts are already tipping at a massive price surge within the next few days.
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.
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