The current market is showing mixed signals as Ethereum and Bittensor falter from their previous uptick. Ethereum price has stagnated below the $3,000 resistance as bearish sentiment persists. Most of Ethereum’s market is shifting to Solana. Bittensor, on the other hand, is also down over 40% from its all-time high despite championing the booming machine-learning sector.
Compared to Ethereum price and Bittensor, Lunex Network is surging with its ongoing presale raising over $1.8 million in a few weeks. At its current price of $0.0019, experts anticipate a 100x surge on launch day.
Lunex’s LNEX presale captures attention with over $1.8 million raised
Lunex Network is on the verge of a DeFi revolution like no other. Its powerful cross-chain network offers DeFi traders and dApp developers a tool that facilitates speedy transactions while retaining security and anonymity.
With Lunex, you can swap DeFi assets across 50,000 currency pairs, making Lunex the go-to platform for executing trades across disparate blockchain networks. What’s more, its DEX protocol is cost-efficient with low slippage, thereby giving traders a reliable network from which to conduct trades and swaps.
Lunex Networks offers a DEX as well as an aggregator that fetches the same level of liquidity you can expect to find on a CEX. What puts Lunex Network ahead of most CEXs and DEXs is the fact that it is non-custodial without sacrificing efficiency.
In terms of security, all transactions on Lunex Network are automated with smart contracts, thereby removing the uncertainty that comes with most automated market makers. Simply put Lunex works in the background to ensure each trade is slippage and rug pull-free.
Investors are now looking to hold more LNEX as it is the native token of the Lunex ecosystem as well as the platform’s governance token. You can earn while holding LNEX thanks to Lunex’s revenue sharing model, where a percentage of the platform’s revenue will be distributed among LNEX holders at a fixed APY of 18%.
Ethereum price bearish momentum continues amid bullish altcoins
Ethereum’s price is down nearly 50% from its all-time high of $4,891 just 3 years ago. While Ethereum’s price has sustained a paltry 1.7% price increase in the last 30 days, the last two weeks have seen the second largest crypto by market cap dip 8.5%. Ethereum’s ecosystem has often been affected negatively by the rise of Ethereum price. With a higher ETH price, network fees also surge. Could this be the end for ETH?
Bittensor’s 26% dip in 30 days sparks concerns
Bittensor is an open-source machine-learning network built on the blockchain. With TAO as its native token, machine learning models trained on Bittensor’s network are rewarded with this token the more they perform accurately. Bittensor champions the growing world of artificial intelligence and machine learning, but its TAO token is still languishing with a 44% dip from its all-time high. Could TAO recover from its slumber?
Conclusion
Bittensor and Ethereum prices are plummeting amid a plethora of bullish altcoins. As Bitcoin’s market dominance increases, expert analysts anticipate an increased downturn among altcoins. For now, investors are looking to Lunex’s ongoing presale to enjoy its revenue sharing model and make huge gains.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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