The AVAX price and TAO are trading at critical junctures, and investors are monitoring the two assets closely. But there's a new kid in the bloc, Lunex (LNEX), which is stealing the spotlight with innovative DeFi features.
Crypto prices have been on a wild ride in 2023, with some assets like AVAX and TAO showing promising signs. But there’s a new player in town, and it’s quickly stealing the spotlight with its innovative DeFi features - Lunex (LNEX).
This new DEX platform aims to streamline crypto trading like never before, boasting a noncustodial wallet and multichain bridge network. Let’s dive into what’s making LNEX so hot among investors, with analysts predicting an 18x presale growth for the asset.
Lunex Non-custodial wallet: your keys, your crypto
Lunex is a unified multichain decentralized exchange that connects all blockchain networks through a multichain bridge. The DeFi swapping dApp enables seamless cross-chain asset transfers at super speeds and facilitates slippage-free token swaps at minimal costs.
A key highlight of Lunex is its noncustodial wallet, designed to empower users in managing their crypto assets, all from one place. The wallet supports 40 blockchains, where users can privately and securely buy, store, swap, and stake 50,000 crypto pairs, all from the palm of their hands.
Your assets are stored on your device, and there’s no KYC verification needed, giving you complete control over your crypto keys. Another perk is the lucrative staking program offered by the Lunex noncustodial wallet.
Traders and investors who stake their LNEX tokens can earn up to 18% APY in passive income, allocated from a share of the trading fees collected on the Lunex exchange.
With its groundbreaking DeFi features, Lunex is poised to capitalize on the rising trends in DeFi trading, capturing a large market share and driving the LNEX price up. Analysts are expecting a 1,800% growth in the presale phase of the project.
AVAX price dips over 4% monthly
The AVAX price has been on a noted uptrend since August, rising to retest resistance levels in the $30 zone by the end of September. Unfortunately, AVAX failed to break out and has been declining in October.
AVAX dipped over 4% in the past month. Despite the decline, AVAX price predictions are still bullish. According to CoinCodex, AVAX could surge over 105% to hit $50 by November.
Currently, the AVAX price is in the $24 zone. Investors might be waiting for AVAX to retest daily support in the $20 region before pouring in fresh liquidity to drive the price up.
TAO seems poised to push upwards
Bittensor (TAO) reached an all-time high of $1,249 on its launch day but crashed as the AI market cooled. Despite the sharp dive, TAO has been grabbing investors' attention for its potential in AI.
Recently, TAO rocketed from its August dip of $163 to $682 in early October. But the bears took charge, pushing the AI token down over 11% in the past month.
TAO is currently trading in the $470 zone, a crucial support level for the asset. Analysts are predicting that it could rotate back up from here and head upwards. According to CoinCodex, TAO might jot over 235% to hit $1,581 in November.
LNEX token price jots by 58%
Investor confidence in the Lunex DeFi project is evident as crypto whales scooped over 1.1 million tokens, pushing the ICO past $1.6 million. At $0.0019, the LNEX price is already up 58%! TAO and AVAX traders are accumulating the low-cap gem before the next price jump.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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