The world of DeFi is bubbling and investors are on the lookout for the next gem that could yield the same price multipliers that projects like Cardano (ADA) and Hedera Hashgraph (HBAR) have experienced in the past.
Experts believe that Lunex Network could bring about a revolution in the DeFi space with its innovative cross-chain protocol and become the next legendary 100x gem. Let’s dive deeper and see how this new project compares to Cardano and Hedera in the current state of the market.
At press time, Cardano (ADA) sells for $0.36 with a 4.6% intraday increase and a significant 45% uptick in trading volume. This reflects a bullish sentiment shared among the Cardano community as $262 million worth of ADA were traded in the last 24 hours.
Over the last months, Cardano underwent a series of crucial network updates that brought it up to speed with the latest layer 1 protocols. The most important one so far is the Hard Chang Fork upgrade that was rolled out in September. Right before launch, IOG the company that created Cardano, destroyed the network’s genesis key. A gesture both technical and symbolic, as the company effectively put governance in the hands of the users and cemented its commitment to a fully decentralized Cardano ecosystem.
Currently, Hedera (HBAR) trades for $0.052 and it shows a 5% daily increase as HBAR rebounded from the $0.049 support level. Hedera is also enjoying renewed investor interest as volume has surged by 53% with $37 million worth of HBAR changing hands today.
Recently, the innovative web3 strike league, Karate Combat, has announced that in 2025, they will launch a Hedera-based Layer 2 scaling solution – UP. This protocol will facilitate the transition to web3 for sports leagues, teams, esports, or gambling solutions, leading to a further expansion of the Hedera ecosystem.
Moreover, investment management firm Canary Capital has just announced the first-ever HBAR trust in the United States. This move will allow institutional clients to invest in Hedera. At the same time, it reflects the growing demand for new crypto investment products that aren’t just Bitcoin and Ethereum.
Lunex Network is a non-custodial multi-chain bridge network that brings together disconnected blockchains. Over 50,000 assets are available for trading in a cost-efficient manner, while at the same time, users can take advantage of Lunex’s generous reward system.
No KYC is required to join either, not even a third-party wallet. Users can simply request the currency pair, provide a receiving address, and confirm the transaction. All this while knowing that their privacy is off-limits and they don’t have to jump through tedious hoops to trade and invest.
To further enhance the trading experience, Lunex Network grants a wide array of features hardly seen anywhere else. An exclusive non-custodial Lunex-branded wallet that can be operated simultaneously via phone or desktop, while supporting 40+ blockchains and thousands of tokens.
To take things to the next level, a sophisticated portfolio tracker will allow for seamless asset management across a multitude of classes. From crypto to stocks, from NFTs to bonds. This tracker will come with built-in analytic tools and real-time data feeds. This means that at any point in time, investors will have the right information at hand.
One of Lunex Network’s most intriguing aspects, however, is its revenue-sharing mechanism powered by the $LNEX token. On a weekly basis, the exchange will reinvest a portion of its profits for open market buybacks of $LNEX tokens. This amount will then be redistributed as staking rewards for up to 18% APY.
Stage 3 of the $LNEX presale is now live and tokens are available for just $0.0015. So far more than $830,000 has been raised and things are just starting to ramp up as demand is skyrocketing.
By the end of the presale alone a 1,800% increase is expected. Analysts believe that Lunex Network could see a 10,000% moonshot once listings on major exchanges are finalized. This means that there has never been a better time to get involved and lock in the incredible gains scheduled for the upcoming months.
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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