Binance BNB and Uniswap are quickly losing traction in the DeFi market as newcomer Lunex Network (LNEX) challenges their capabilities. By offering cross-chain crypto transfers at low costs, Lunex Network is expected to become the leading decentralized exchange by 2025.
Binance BNB has gained a lot of traction in the DeFi gaming space throughout September, but its price hasn’t made any significant movements. After the 10% price rally caused by the US Fed’s interest rate cut last week, Binance BNB is rapidly losing those gains as its community sentiment has turned bearish.
Binance BNB is currently trading for $598.25 after an intra-day decrease of 0.78%. If Binance BNB manages to spike investor interest ahead of the upcoming bull run, BNB’s price could surge past the critical $600 resistance soon. However, if selling pressure increases, Binance BNB’s price could fall even deeper to $429.9.
Uniswap (UNI) investors were eager about the fee switch vote that would allow token holders to have a share in Uniswap’s revenue, but an unexpected delay is now making investors lose interest. While Uniswap is still a major player in the DEX market, its dominance is quickly fading away. Since Uniswap still relies on Ethereum, analysts believe Uniswap’s scalability remains limited in the future.
Amidst this bearish sentiment, Uniswap is currently trading for $6.90 per token. Unless Uniswap breaks above the 100-day and 200-day Simple Moving Averages on its daily chart, Uniswap is unlikely to make a resurgence. If more investors start selling out, Uniswap’s price could plunge to $4.67 at the beginning of Q4.
Lunex’s (LNEX) Cross-Chain Transfers Attract Both Retail and Institutional Investors
Binance BNB and Uniswap might be losing their bullish momentum ahead of Q4’s bull run, but Lunex Network’s explosive presale is just getting started. Even before its launch, Lunex Network made several headlines for its unique cross-chain interoperability features and impressive staking rewards. If Lunex’s market sentiment remains bullish in Q4, this new exchange-based token could experience up to 1800% gains before the end of its presale stages.
Lunex Network has instantly experienced a huge influx of retail and institutional investors due to the attractive features that it offers. For retail investors, Lunex offers a cross-chain platform that allows them to swap cryptos across different blockchains. While there are other platforms that already offer this, Lunex Network is emerging as the fastest and most cost-effective option in the market.
Meanwhile, institutional investors are also betting on Lunex’s future potential as this new DeFi project has a merchant payment gateway for corporate organizations. With Lunex’s gateway, businesses can accept cryptocurrencies as payment on their websites and successfully expand their audience to savvy traders who only rely on digital assets for transactions.
The best part about using Lunex Network Presale is that all these transactions are fully backed by Ethereum’s blockchain and can be made anonymously. With Lunex’s no-KYC policy, traders don’t have to provide any sensitive information before swapping a crypto pair. New users can sign up with a valid email address, select the crypto pair, and enter a wallet address to receive their new tokens in seconds.
Given these impressive features, Lunex’s initial presale price of $0.0012 is a huge steal for savvy traders. As Lunex gains traction in the DeFi space, the platform’s native $LNEX is already poised for 100x gains after its launch.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork