Chainlink and Pepe are trying to regain investor confidence in Q4’s bull market, but both of these tokens have recorded significant price action lately. Meanwhile, Lunex Network’s viral exchange token is emerging as the leading DeFi token of the year as it has already raised nearly $1M within a few weeks of its presale launch.
Chainlink (LINK) Could Experience Recovery Due to Whale Accumulation
Chainlink’s price experienced a significant incline over the last seven days and remained stable against USDT and BTC. Despite a brief dip, Chainlink whales rushed to purchase the token as Chainlink’s large holders increased from 489 to 502 in the first week of October. As these whales push for higher prices, Chainlink could experience a demand-driven surge soon.
Chainlink is currently trading for $11.47 after an intra-day surge of 4.15%. Since Chainlink’s volume has also increased by 21.79% over the last 24 hours, investors are showing interest in Chainlink’s ecosystem again. If this positive trend persists in Q4, Chainlink’s price could test the $13.45 resistance soon.
Pepe Flashes Mixed Signals on PEPE/USDT Daily Chart
Pepe’s price experienced a steep decline down to $0.000001018 over the last day, but it is now showing signs of recovery. Although the meme coin market is seeing lower demand in Q4, Pepe is still an attractive investment opportunity as the 24th largest crypto by market cap. Pepe is currently trading for $0.00001018 after a significant intra-day decrease of 2%.
Pepe’s volume has also increased by 21.51% that hints at a potential increase in investor interest. However, Pepe’s technical indicators like the Momentum Indicator are still suggesting bearish dominance. Since Pepe’s MACD line hasn’t crossed the signal line yet, analysts believe Pepe’s recovery is unlikely to last for the long term.
Lunex Network (LNEX) Expected to Hit $1M Milestone This Week
Lunex Network’s new exchange-based DeFi token is ready to take over the entire DEXs and CEXs market by 2025. By launching a no-KYC, cross-chain crypo exchange platform, Lunex Network is changing the way trading is perceived across the market. Given these impressive features, it is no surprise that Lunex Network is already poised for a massive 1800% rally before the end of its presale stages.
Since Lunex Network is a non-custodial exchange, it allows traders to exchange or swap cryptos across different blockchains. Although cross-chain interoperability has been around for some time, Lunex Network is setting itself apart by offering gold standard security. Aside from no KYC checks during signup, Lunex Network also encrypts every financial transaction on Ethereum’s immutable blockchain and uses smart contracts to ensure zero slippage.
Instead of only sourcing gas fees from a single platform, Lunex Network uses smart contracts to source liquidity from multiple chains and splits the trade across different networks to ensure the lowest possible transaction cost.
To make things even better, Lunex Network also removes the use of automated market makers and ensures that every trade is highly secure and slippage free. Since every transaction made on Lunex Network is backed on Ethereum’s immutable blockchain, traders no longer have to worry about trade manipulation or data leaks.
Considering the massive trading opportunities offered by Lunex Network’s new non-custodial exchange, it is no surprise that the platform’s presale has already raised 800,000 USDT in record time. For now, Lunex Network has entered stage 3 of its presale with tokens selling for a low price of only $0.0015, making now the best time to invest before the price skyrockets in Q4.
You can find more information about Lunex Network (LNEX) here:
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