BNB Fails to Regain Investor Confidence as New Projects Join the Ecosystem
Despite the addition of various new projects to its ecosystem, BNB Chain has not seen any significant gains in recent weeks. The introduction of DeFi, AI, decentralized social, and Web3 gaming projects to the BNB network would typically spark buying activity, but the price of BNB has remained stagnant.
Currently trading at $584.38, BNB experienced a 2.07% decrease in value during the day. Additionally, the volume of BNB has decreased by 7.79% in the past 24 hours, indicating a decline in investor interest. The Momentum Indicator for BNB suggests a bearish dominance, leading analysts to predict that the price of BNB could drop as low as $552.6 in October.
TRON Shows Promise for Q4’s Bull Market with Increasing Whales Interest
On the other hand, TRON has seen a surge in interest from whales as large transactions involving TRON have increased by 196% in the past 24 hours. With over 90% of TRON holders currently in profit, the strong community support behind TRON could lead to further price surges in the coming weeks.
TRON is currently trading at $0.1602, experiencing a 0.25% increase during the day. Trading above all of its Simple Moving Averages on the TRX/USDT daily chart, analysts predict that TRON’s MACD line will form a bullish crossover with the signal line in the near future. If this occurs, TRON could test the critical resistance level of $0.165.
Lunex Network Aims to Shake Up Crypto Top 10 by 2025
Lunex Network has been gaining significant traction since its presale launch, and for good reason. The new DeFi exchange offered by Lunex Network provides cross-chain interoperability at low costs, attracting traders to migrate to the platform ahead of its official launch. Analysts project a massive 100x rally for the LNEX utility token by 2025 if the demand for Lunex Network continues to skyrocket.
One of the standout features of Lunex Network is its cross-chain trading, eliminating the need for unsafe third-party wallets when exchanging tokens across different blockchains. Traders can easily register using an email address, select the desired tokens to swap, and enter their recipient wallet address to receive their new tokens within minutes. With no KYC checks during the signup process, traders can maintain their anonymity while conducting transactions.
Lunex Network prioritizes security through its integration of smart contracts. In addition to offering low gas fees by sourcing liquidity from multiple blockchains, Lunex Network’s smart contracts provide transparency, allowing traders to track their transactions seamlessly.
Despite its impressive features, Lunex Network’s presale stage 4 tokens are currently priced at only $0.0017 each. Analysts predict that LNEX holders could see returns of up to 1800% by the end of the token’s presale stages if the bullish momentum continues. With such potential growth, Lunex Network may pose a challenge to both BNB and TRON in 2025 and secure a spot among the top 10 cryptocurrencies by market capitalization.
For more information about Lunex Network (LNEX), visit their website: https://lunexnetwork.com. You can also find them on various social media platforms: https://linktr.ee/lunexnetwork.
