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As Bitcoin breaks past $60,000, altcoins like Binance Coin and Lunex Network surge. Experts predict Lunex could see 100x returns by 2025.
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As the crown jewel of crypto that started it all, the entire crypto market usually correlates with Bitcoin’s price movements. With Bitcoin price breaching past $60,000 following months of bearish momentum, alt-coins like Binance Coin and Lunex Network are surging in value in late September.
Experts are especially impressed with ICO prospect Lunex Network, a new DeFi protocol and trading DEX gem poised for 100x returns by 2025. Today we will discuss the future of Lunex and why analysts believe it has a more bullish outlook than Binance.
Punditsanticipate uptober: A bullish October for Bitcoin
In the latter stages of Q3, Bitcoin price and altcoins largely fell victim to a market permeated by bearish momentum and fear. Following a few bullish catalysts, such as BlackRock’s white paper and the Federal Reserve’s interest rate cuts, Bitcoin suddenly rose in value over 9%, triggering a momentous rally in late September.
This is overwhelmingly bullish, as September has historically been bearish for Bitcoin in previous bull runs. Many analysts are now looking forward to an “Uptober” that could potentially kickstart the bull run into full gear and see Bitcoin skyrocket.
CZ’s announcement does little for Binance Coin as investors await the bull run
Though Binance Coin were anticipating a major Binance Coin rally following CZ’s early release from prison, this had a negligible impact on Binance Coin’s price action.
Whatever momentum Binance Coin amassed is now dissipating, as Binance Coin records 9% losses in 7 days. However, Binance Coin investors shouldn’t fret as DEX cryptocurrencies like Binance Coin and Lunex Network should perform immensely in the peak of the bull run, as hype and momentum reach a precipice.
Lunex Network poised to become the next 100x DEX cryptocurrency
As the bull run picks up steam, DEX cryptocurrencies are expected to capitalize on the influx of new money and immense hype entering the market. Lunex Network, in particular, stands out as a premier investment opportunity, and investors are anticipating 1,800% growth during the first stage of the presale alone.
A significant advantage of Lunex Network is the DeFi platform’s removal of KYC verification mandates. By allowing users to trade and use the platform without providing an ID such as a driver’s license, this allows users to swap tokens between blockchains like Ethereum and Solana with full anonymity.
In addition, this renders the entire swapping process a breeze. Lunex Network streamlines the swapping process further by removing the requirement to connect to third-party wallets like MetaMask or PhantomWallet. As a result, users simply select the cryptocurrency they wish to exchange, enter a valid wallet address, and receive their desired token within seconds.
Lunex Network offers an attractive revenue-sharing model that appeals to investors of the LNEX token. As part of this model, the platform repurchases a portion of its profits from the open market, redistributing half of those tokens to holders while using the other half for staking rewards.
In the DEX space, few opportunities will be as lucrative as Lunex Network priced at $0.0013. DEX tokens such as Lunex Network have soared in value in previous bull runs, and with Lunex Network’s solid fundamentals and massive hype potential, Lunex Network could feasibly amass new investors 100x returns by 2025.
For more information, visit the Lunex Network official website or join the online community for the latest updates.
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This article first appeared at crypto.news
