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There’s a battle for the top DeFi crypto, with contenders Cardano and Fantom duking it out to see who can gain the most. Sadly, Cardano seems to be the loser here, as the Cardano price keeps dipping. Competitor Fantom is doing much better, albeit at a lower market cap. While Cardano and Fantom try hard to make it as the top DeFi crypto, new hybrid exchange Lunex Network is stealing the glory.
Lunex Network (LNEX): A key role in making DeFi more accessible
Does the top DeFi crypto have to be a DeFi protocol like Cardano or Fantom, or can it just be the token that simplifies the lucrative world of DeFi to retail investors? Lunex Network makes a case for the latter.
The new hybrid crypto exchange is not a DeFi protocol provider but fills a much-needed gap in the DeFi world. DeFi is complex. It is not a space where retail investors can enter and navigate with ease. Lunex Network changes all that.
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As a hybrid exchange, Lunex Network bridges the gap between centralized exchanges (CEXs) and decentralized finance (DeFi). While it provides the user-friendly experience of a CEX, it gives traders access to decentralized markets and liquidity without the complexities typically associated with DeFi.
By removing barriers like complicated wallet setups, high fees, and slippage, Lunex Network allows users to engage with DeFi protocols in a more straightforward way. Essentially, it simplifies the process so traders can enjoy the benefits of DeFi without having to navigate the technical challenges.
Cardano (ADA): Cardano price slips despite growing DeFi footprint.
Cardano is not the biggest DeFi player, but it has made a play for being a top DeFi crypto. Sadly, it failed in that quest. Cardano has a lot of good things to say about it, but ‘versatility’ and ‘ease’ are not on that list. Cardano prides itself on being the most technologically advanced blockchain, but the Cardano price suffers in the relentless pursuit of that perfection as users seek a simpler way to interact with DeFi.
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The Cardano price is currently trading at a mere 10% of its glory days, and if Cardano cannot find its mojo again, it will become a crypto footnote despite its quest for perfection. Can the Cardano price hit the psychological $0.48 barrier? Probably. But don’t bet on the Cardano price sustaining itself.
Fantom (FTM): Small, but powerful
Fantom’s footprint in the DeFi world is much smaller than Cardano’s, but it seems to have the fundamentals right. While it has a way to go before challenging the giants to be the top DeFi crypto, the cryptosphere has seen miracles and tokens come from nowhere to take top spots.
Fantom has done some interesting things and returned over 300% in the last year. Fantom is only number 43 by market cap, but it is climbing the ranks, and don’t be surprised if Fantom becomes a top DeFi crypto.
Conclusion
Investing in the top DeFi crypto is a great way to secure future wealth. Cardano may be a long shot in this endeavor, but Fantom seems a better option. However, for good all-round gains in a superior token with long-term staying power, Lunex Network ticks all the boxes.
Lunex Network is now available at $0.0015 during its third phase of presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
