Sui (SUI) Launches Digital Hub in Dubai, Lunex Network (LNEX) Presale Enters Stage 4

Sui (SUI) has made a historic move as it launches the first digital hub in Dubai, which is a great achievement for the crypto industry.

Crypto Hub Highlights: Sui (SUI) Launches Dubai Center, Lunex Network (LNEX) Presale Surges Past $0.0017

Key Takeaways:

Sui (SUI) has set up a digital hub in Dubai to support blockchain startups and entrepreneurs.

A new DeFi coin, Lunex Network (LNEX), is available in the presale stage at $0.0017.

Raydium (RAY) recently achieved a total trading volume of $300 billion on its network.

Sui (SUI) Launches Digital Hub in Dubai

The Sui blockchain Foundation has established a hub in Dubai to aid blockchain developers and businessmen. The goal is to help blockchain startup founders with funds and support to scale their projects using the Sui (SUI) network.

This initiative, called SuiHub Dubai and formed with Ghaf Group, is an addition to a string of hubs around the world aimed at fostering innovation. Following the news, the Sui price has increased by 27.2% on the monthly level on CoinMarketCap.

Analysts are expecting the price of the Sui token to rise to new highs in the coming weeks. The 14-day RSI is above 50 and supports an upward movement.

SatoshiFlipper has forecasted that the value of Sui (SUI) could surge to $2.8 in the future. Another analyst, CryptoKnight, says that the coin’s value might pump to $2.5322.

Raydium (RAY) Smashes Trading Volume Milestone

A recent tweet from Raydium (RAY) announced that the total trading volume on the network has crossed the $300 billion mark. This achievement is a major milestone for the blockchain and a sign of high trading activity.

In other news, the Raydium (RAY) team has added more upgrades on the platform. They have packed a lock icon on the liquidity page, which shows the percentage of burned liquidity.

Meanwhile, the Raydium price has been on an upward movement in the past week. The cryptocurrency rose from a low of 2.00 to a peak of $2.80 based on data from CoinMarketCap.

If the uptrend continues, Raydium (RAY) could enter the $3.00 region. Based on the 14-day RSI, analysts forecast the Raydium coin price might rally to $3.67.

Lunex Network (LNEX) Multi-Chain Platform and Other Features

Lunex Network (LNEX) has entered the fourth stage of its presale, where LNEX tokens are being sold at a very fast rate. Having already raised over $1.46 million, Lunex is on track to hit $2 million before the month’s end.

The reason why Lunex Network is now attracting investors is its upcoming DeFi exchange that supports multi-chain trading.

While other trading platforms only enable the use of tokens that are built on the same blockchain network. The Lunex Network has cross-chain functionality through smart contracts. Not only can traders exchange any two tokens across the blockchain, but they can do so at very low fees and high speed.

Also, Lunex makes security important. Lunex Network eliminates the need for automated market makers by employing smart contracts for every single transaction.

It does not end there; Lunex Network offers a no-KYC policy for privacy-focused traders, meaning new users can sign up without sharing their identification details. The platform also provides a portfolio tracker and non-custodial wallet to every trader.

This means that traders are able to store, stake, or swap their tokens, bonds, ETFs, and stocks in one single place. They don’t have to worry about using third-party wallets like MetaMask and Trust Wallet.

The Lunex Network’s native LNEX token is the key to this platform and is currently available at a price of $0.0017.

Can Lunex Network Compete With Raydium (RAY)?

Despite being a newcomer in the DeFi market, Lunex Network has the potential to rival Raydium. Its multi-chain support, portfolio tracker, and absence of KYC make it a top DeFi project to consider.

You can find more information about Lunex Network (LNEX) here:

Website:

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