Monday, January 6, 2025
HomeFinanceDecade Old Ethereum Whale Up To 1 Million% Gains. Smart Money Grabbing...

Decade Old Ethereum Whale Up To 1 Million% Gains. Smart Money Grabbing Lunex Network’s Token Citing Better Jump

A decade-old Ethereum whale has reawakened, boasting gains of up to 1,000,000%. But savvy investors, the true “smart money,” are now looking beyond Ethereum. Their sights are set on Lunex Network, a cutting-edge Web3 multi-chain bridge altcoin offering seamless blockchain interoperability.

Like Ethereum in its early days, Lunex is generating excitement for its potential to deliver exponential returns. Could Lunex be the next chapter in crypto’s success story? Let’s find out.

Why the smart money is betting big on Lunex Network’s $LNEX token for better gains

Savvy investors are making waves in the crypto world, and this time, their target is Lunex Network’s $LNEX token. With its presale price at just $0.0052, Lunex has already raised over $5.7 million, selling more than $2.4 million worth of tokens. The buzz? A better jump than most altcoins, thanks to its unique utility and growing demand.

The $LNEX token is the engine powering the Lunex ecosystem. Think of it as the fuel that keeps this blockchain network running. Access to premium services like liquidity mining (where users earn more tokens by supplying liquidity) and node leasing (where users rent network resources for incentives) are among the advantages that holders enjoy, in addition to reductions in transaction costs. A win for all involved. 

What sets Lunex apart is its rewards system. A portion of the revenue from the Lunex exchange is used to buy back tokens, redistributing them to those who stake (lock up) their $LNEX. It’s like earning passive income while helping stabilize the token’s value—a smart money move!

On top of that, all merchant and token listing fees on the platform are paid in $LNEX, creating a constant demand for the token. With such deflationary mechanics, the Lunex Network is shaping up to be a game-changer for savvy crypto enthusiasts.

Ethereum whale resurfaces with 1 million% gains, redefining altcoin success

An Ethereum investor, often called a “whale” because they own a big amount of cryptocurrency, got attention recently by changing $2.4 million into nearly $1.34 billion in about eight years.

This whale bought close to 398,889 ETH in the time between January and March of 2016. During that period, Ethereum was a new altcoin with a price of around $6 for each ETH. Moving forward to November 2024, Ethereum’s value has increased greatly – now, one ETH is worth more than $3,300. This dramatic increase transformed the initial investment into a billion-dollar fortune.

In November 2024, the Whale started to sell some parts of their ETH holdings. First, they sold 73,356 ETH for $224 million. Even with these sales, they still hold more than 325,000 ETH, which is worth over $1 billion today. This action has attracted interest from the crypto community because big sales might affect market prices and show changes in how investors feel.

This story shows how there can be big profits in the cryptocurrency market, especially for people who start early with altcoins such as Ethereum and Lunex.

Conclusion

While the Ethereum whale’s massive gains are impressive, Lunex Network is the one stealing the spotlight right now. With its unique features, potential for exponential growth, and smart money already jumping in, Lunex could be your next big win. Ethereum’s history shows what’s possible—Lunex just might take it to the next level!

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.

RELATED ARTICLES

Latest News & Articles