Bitcoin Breaks $63k Resistance After Fed Cut Announcement, DeFi Hub with Exchange, Swap, Wallet and Fiat On Ramp Makes Bold Statement

Key Takeaways
  • Bitcoin hits $63,500 after Federal rate cut, sparking market optimism.
  • Lunex Network (LNEX) offers cross-chain DeFi solutions in presale.
  • Analysts predict an 1,800% rise for Lunex Network by end of 2024.
Bitcoin Breaks $63k Resistance After Fed Cut Announcement, DeFi Hub with Exchange, Swap, Wallet and Fiat On Ramp Makes Bold Statement

Bitcoin Soars Past $63K as Lunex Network Predicts 1,800% Surge

The Federal government's recent rate cut, announced on September 18th, has created some buzz in the crypto market, leading to Bitcoin’s price crossing the $63,000 mark. Now, all attention turns toward Lunex (LNEX), a unique DeFi platform connecting isolated blockchains and providing affordable crypto trading rates. Lunex Network is only in its first presale stage, and experts forecast a surge of over 1,800% before the end of 2024.

The Feds Rate Cut Fuels Bitcoin (BTC) Rally

Bitcoin has recently increased to a high price of $63,500. This favorable price direction comes in the backdrop of the Federal Reserve reducing the interest rate by 50 basis points. This news was warmly received by Bitcoin holders, as BTC surged by 6.40% on September 19th. Bitcoin is currently at $63,156 as it persists in its struggle to remain above $63k. 

On September 24th, the People’s Bank of China revealed its plans to introduce a 50 basis-point cut in interest rates to revive its struggling economy. Governor Pan has not indicated when this would happen, but the cut could bring about 1 trillion Yuan ($142 billion) into the market, which may reduce the value of China’s fiat money. This is likely to drive more investors toward Bitcoin and other cryptocurrencies, which are seen as inflation hedges.

DeFi Hub Lunex Network (LNEX) Set for 1,800% Growth

A 1,800% price growth might sound ambitious, but Lunex (LNEX) has the features to back it up. As a groundbreaking DeFi protocol, Lunex Network connects isolated blockchains through a non-custodial exchange. The project solves one of the biggest challenges in crypto trading, cross-chain transactions, by offering seamless, low-cost swaps in a fully decentralized manner without the need for third-party wallets like MetaMask or Trust Wallet. 

The Lunex Network platform also provides a confidential and hassle-free experience. Users simply generate a payment address, submit their payment, and specify the address for receiving their swapped tokens. With smart contracts technology, every transaction is transparent and immutable, ensuring trust on all sides.

Lunex network’s mobile exchange is another game-changing feature, letting users spot-trade over 50,000 cryptocurrencies across blockchains. Paired with Lunex Network’s revolutionary wallet, users can manage, buy, sell, and swap assets, all from a single platform.

Every week, 50% of swap revenue goes directly into $LNEX holders' pockets, while the other 50% unlocks exclusive rewards and ecosystem features. This balanced approach allows holders to reap both monetary gains and unique benefits within the Lunex Network platform.

Unlike most presales, Lunex Network Presale delivers tokens instantly to buyers. With the first stage of presale already live at $0.0012 per $LNEX, predictions suggest a 1,800% rise during the presale, with analysts anticipating a 100x surge by 2025!

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

WHAT'S YOUR OPINION?
Related News
Related Blogs