Following the recent crypto market spike, investors are shifting their attention to high-potential cryptos. Recent data from on-chain market tracker Santiment shows that Bitcoin whales’ wallets have grown in the past weeks, a bullish market signal. With the bull cycle expected to kick off in the coming weeks, crypto whales have resumed the accumulation of Lunex Network tokens.
Driven by a next-generation DeFi crypto exchange, there is a strong indication that Lunex Network will challenge established exchanges like Binance and Uniswap in the coming months. While Bitcoin Cash has continued to struggle with the bears, Tron has broken out of the corrective phase, with the TRX price expected to jump soon.
Lunex Network – the Next-Gen DeFi Exchange That Is Witnessing Massive Whale Accumulation
Lunex Network is a next-generation DeFi exchange developed to connect blockchains and allow seamless buying, selling, and swapping of digital assets. What makes it unique is that all transactions are anonymous, as no KYC is involved. Also, there is no need to link crypto wallets like Meta Mask or Trust Wallet.
At the Lunex Network ecosystem, users can spot-trade over 50,000 trading pairs across multiple blockchains at the lowest cost. Another notable tool is the DeFi crypto wallet, which allows users to buy, sell, and swap cryptos all from one account. Using the unique portfolio tracker, traders can track multiple assets like cryptos, stocks, bonds, etc.
The native token, LNEX, has strong utility in the ecosystem. In addition to being used as a payment currency, token holders will be able to unlock discounts on transaction fees and access premium features. Holders will also partake in the profit-sharing model, which allows the team to buy back LNEX tokens from the open market and redistribute them to holders who stake them.
Investors can stake their tokens for as little as 30 days and earn a high APY reward. With these massive utilities, crypto whales have continued buying the LNEX token. At the ongoing stage of its ICO LNEX is currently selling for $0.0019. With early investors already in profit, there is growing optimism of the LNEX price surging by as high as 20x in presale and 50x on listing.
Bitcoin Cash Price Analysis – Will BCH Hit the $500 Mark in Q4?
Developed in 2017 as a hard fork of Bitcoin to address slow transaction speeds and high fees on the Bitcoin network, Bitcoin Cash has become one of the most popular cryptocurrencies. As per CoinMarketCap stats, the Bitcoin Cash price has increased by 39% in the YTD price metric, reaching the $695 mark sometime in April.
Although the crypto has dropped since then, there is growing optimism of a reversal in Q4. The Bitcoin Cash trading volume, which hovered around $139M in early September, has increased to $331M as expectations of a bullish Q4 build-up. According to Jean Yves Guillou, the co-founder of the Vancelian app, the Bitcoin Cash price could test the $425 mark soon.
Jean thinks a break above this level could push the BCH price to $580. However, a drop could push the price to the $310 support zone. Meanwhile, Bitcoin Cash is trading above the 50-day SMA with a bullish market sentiment. Once the Bitcoin Cash token is able to flip the $380 resistance zone, it might hit the analyst target of $425 or possibly $500 in Q4.
Tron Price Projected for Massive Rallies After Justin Sun’s Latest Prediction
In a post on the X social media platform, Justin Sun, the founder of Tron, believes that Tron meme coins are about to witness massive growth triggered by the continued development and growing community of the Tron Network.
Meanwhile, Tron is the latest platform to join the meme coin frenzy with the launch of SunPump, a platform built for creating meme tokens on the Tron blockchain. Justin thinks that if the TRX token breaks above its previous peak, a wave of FOMO might be triggered, which might lead to massive investments in Tron meme coins.
CoinMarketCap data shows that Tron’s price has increased by 8% in the past month, establishing support above $0.16. The Tron trading volume has also witnessed a massive rise with over $500M in daily trading activity. With the increasing Tron token burn rate and the bullish market sentiment, there are high expectations of TRX breaking through the $1 mark soon.
Why Smart Whales Are Buying the Dip
As expectations of an upcoming market rally continue to build up, smart whales are using the dip to accumulate high-potential cryptos. Lunex Network, Bitcoin Cash, and Tron are among the tokens that are expected to rise in value in the coming weeks. Although in presale, the LNEX token has continued to draw attention due to its fantastic ecosystem.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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