Community-backed Mutli-Chain Bridge Network, Lunex, is about to flip the exchange dynamic on its head by leveraging an innovative framework. Meanwhile, Internet Computer (ICP) and Polkadot (DOT) continue to struggle amid the adverse market climate. Here’s why analysts believe that Lunex will outperform Polkadot and Internet Computer during the last quarter of 2024.
Internet Computer Sees Relief, But Will It Hold?
Internet Computer is currently trading at $8.11 following a 5.2% intraday increase. Internet Computer has been ranging below $8 for the last week, so the attack on this crucial resistance level represents a welcome change of pace. However, Internet Computer is not out of the woods yet, as bulls need to protect this level for upward momentum to continue.
Recently, ICP Hub Bulgaria launched Formation3, a Web3 accelerator on the Olympus platform, which seeks to support startups in the decentralized internet space with access to a network of investors, mentors, and resources. Furthermore, Internet Computer has introduced a series of upgrades detailed on their website. These include improvements for smart contracts integrating Bitcoin and Solana. The Internet Computer ecosystem is in continuous development and once the market flips the trend for good, analysts expect a significant recovery for ICP’s price action.
Polkadot Remains Near Range Lows
Polkadot has rebounded from the lows with a 5.8% daily increase. Currently, DOT is selling for $4.26. While this is a step in the right direction, Polkadot is still barely above the floor as the chart has been flatlining for weeks. The recent recovery is accompanied by a 44% increase in daily volume, with $169 million traded.
Polkadot recently rolled out the new “Agile Coretime” feature, which will upgrade resource allocation by offering dynamic, on-demand blockspace, enhancing scalability, cost-efficiency, and accessibility for projects within the ecosystem. Moreover, Unique Network has launched the first developer environment for cross-chain NFT transfers (NFT XCM) on Polkadot, enabling seamless NFT movement between parachains to enhance accessibility and expand use cases within the Polkadot ecosystem.
Lunex Network Is Here To Replace DEX and CEX’s
50,000 instantly tradable assets. All major blockchains are supported. Low trading fees. No KYC checks. No third party required.
These are just a few of the features that set groundbreaking DeFi exchange Lunex apart from the competition. The decentralized exchange space is in dire need of an overhaul and this is Lunex Network’s premise.
Individuals will enjoy a frictionless and intuitive trading experience. They can just insert the ticker they wish to swap, provide a receiving address, and confirm the transaction. All this, while knowing that their privacy is safeguarded by top-notch security protocols.
Lunex also offers a dedicated DeFi wallet and a portfolio tracker for easy asset management. For those who want to take their trading to the next level, the Lunex Pro subscription service grants access to advanced trading tools.
Institutional clients will also be catered to, as Lunex offers an interoperable blockchain bridge. The Lunex B2B payment gateway API will allow businesses to receive crypto payments and instantly swap them for fiat money, showing Lunex’s commitment to accelerating crypto adoption.
Right now, Stage 1 of the presale is underway and $LNEX sells for just $0.0012. This is the perfect entry point for investors who want to be on the winning side of the DEX revolution. By the end of the presale alone, $LNEX is expected to soar by 1,800% and post-launch, experts anticipate a legendary 10,000% moonshot. Don’t get left behind!
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.
