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Breaking News: Ethereum Developers Set Sights On 'Hegota' As Next Major 2026 Upgrade

Why Crypto Whales Are Piling Into Lunex and Leaving Cardano and Solana Behind

Bitcoinist
by Bitcoinist
Last Updated: October 24, 2024 5:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A great investment strategy is to follow the crypto whales. Buy what the crypto whales buy, and sell what the crypto whales sell. These investors have the tools and resources to analyze the markets to a level retail investors cannot. Currently, the Cardano price is not encouraging, and Solana is stagnant. Crypto whales are selling Cardano and holding onto Solana but buying the hot new crypto Lunex Network as fast as they possibly can. 

Lunex Network (LNEX): The premier presale destination for crypto whales

Lunex Network is a new hybrid exchange stepping into the market, kicking sand in the face of big crypto exchanges like BNB and Uniswap.  

Lunex Network’s presale has crypto whales circling, and it’s easy to see why. As a hybrid exchange, Lunex Network combines the best of centralized and decentralized platforms, offering speed, security, and user autonomy. What really has the whales excited, though, is its zero trading fees and liquidity aggregation, making it a highly efficient platform for large-volume traders. Unlike established coins like Cardano and Solana, which struggle to maintain momentum, Lunex Network offers something fresh and dynamic.

With whales buying up Lunex Network at presale prices, they clearly see massive potential in this project. Early investment in Lunex could yield significant returns, making it a prime opportunity for savvy traders looking for the next big thing.

According to the crypto whales, Lunex Network is a certain ‘buy’ call. 

Cardano (ADA): Cardano price up, but is it salvageable?

The crypto whales have jumped ship on Cardano after the Cardano price lost a massive 40% in YTD figures. Considering the market is up this year, and some coins have returned well over 100% since January, the faltering Cardano price is not encouraging for crypto whales or retail investors.

Yet, the Cardano price is up in the last month, breaking its losing streak. This may look encouraging, but it could be upward price action in a low ‘buy the dip’ long-shot opportunity. Don’t expect the Cardano price to do more than it did, but if it does, the whales may have gotten this one wrong, but don’t count on it. Cardano is a ‘sell’.

Solana (SOL): Hold for long-term stability

The Solana price is slowly creeping upwards, but not at a pace that would get anyone excited. An unkind take on the Solana price would be that the token is moving too slowly for its value proposition, and Solana should be well north of $200. The flip side of that token is that a year ago, Solana was trading at $20, so sitting at the $160 mark is one heck of an improvement.  

This begs the question of whether Solana can do a 2x, let alone a 5x or the 10x crypto investors demand. Probably not. When there are faster tokens like Lunex around, Solana can provide a stable base for a crypto portfolio, but don’t expect it to shoot the moon anytime soon. Solana is a ‘hold’ call. 

Conclusion

Swim with the crypto whales, and one will see that Solana makes a great anchor point, but the Cardano price will just drag one down. However, the Lunex Network price is positively buoyant and will make a great addition to any crypto portfolio.

Lunex Network is now available at $0.0017 during its 4th presale stage. 

You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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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