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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Ethereum (ETH) & Toncoin (TON) Holders Begin Mass Exodus to a New Presale That Has Advanced in Just 72 Hours

Bitcoinist
by Bitcoinist
Last Updated: October 3, 2024 9:32 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the crypto arena continues to thrive, a new presale star has made a name for itself. It has already reached Stage 2 of its presale in just 72 hours—a big achievement in a short time. Some Ethereum (ETH) and Toncoin (TON) holders even turn to this new crypto currency. This is Lunex Network (LNEX)—a rookie that some experts predict may rise by 20x in Q1 2025.

Robinhood Announces Ethereum (ETH) Transfers in Europe

Robinhood has recently made a very promising announcement regarding the crypto market. To be more precise, it said that it would provide customers from Europe with the ability to transfer cryptocurrencies. Ethereum (ETH) is one of the crypto coins. This is a notable development as it will enhance the cryptocurrency market, particularly Ethereum.

This Ethereum news would be taken in support at a time when this coin has been out of favor for some time. On the 1-week chart, the value of the Ethereum coin actually fell 5%. Moreover, ETH is still trading below its 10 EMA–$2,597 and 100 EMA–$2,766. Therefore, experts foresee the Ethereum crypto trading at $2,700 before this quarter ends.

Toncoin (TON) Sees a Major Milestone

Toncoin (TON) has also seen some noteworthy developments. Recently, Crypto Aman revealed that the activities on the Toncoin ecosystem are growing. For instance, he highlighted that on-chain activated Toncoin wallets surged to a new ATH. They have now surpassed the 20M mark.

The Toncoin crypto value movement has dropped nearly 2% on the weekly chart. Not only that, but Toncoin (TON) is now trading below its 20-day EMA of $5.64. Although this was some bullish Toncoin news, many experts are not confident in its long-term growth potential. They foresee a slight upward move to $6 for Toncoin before this month ends.

The Lunex Network (LNEX) Presale Is Gaining Traction

The Lunex Network (LNEX) presale has performed well so far. It completed its first phase in record time—just 72 hours. Those who were lucky enough to participate in the start are now experiencing an 8% return. Demand for this crypto currency is rising as it could become a major player in the market.

LNEX will be the native token of the Lunex Network. This new DeFi protocol aims to connect all blockchains and create a non-custodial exchange that lets everyone trade crypto coins among them. Additionally, traders on this exchange will remain fully anonymous thanks to no sign-up KYC checks—a big advantage over its peers.

The Lunex Network portfolio tracker will be better than its rivals since it tracks multiple asset classes like bonds and ETFs instead of just crypto coins. The LNEX token will bring holders smaller trading fees and staking rewards. Currently, LNEX costs just $0.0013 in Stage 2 of its presale. But this price will rise as the presale advances. Some experts predict another 20x surge once a Tier-1 CEX lists LNEX soon.

How Will Ethereum (ETH), Toncoin (TON) and Lunex Network (LNEX) Perform?

While Ethereum (ETH) and Toncoin (TON) are seeing bearish signals, their future still seems bright. Many exciting developments could cause interest in these crypto currencies to rise. However, some holders may find Lunex Network (LNEX) more attractive since it brings something new to crypto trading. Plus, its low market cap means faster growth with less money, giving early buyers a faster return.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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