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Breaking News: BNB Hits Record High Exceeding $900 Following Binance And Franklin Templeton Collaboration
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Breaking News: BNB Hits Record High Exceeding $900 Following Binance And Franklin Templeton Collaboration

Why Is Smart Money Moving Away From Stellar And Chainlink To Lunex Network’s Crypto Presale?

Bitcoinist
by Bitcoinist
9 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The recent crypto market resurgence has brewed a compelling shift: smart money is gravitating away from established assets like Stellar and Chainlink to explore the burgeoning opportunities. Although Chainlink and Stellar had a moonshot month, profit-taking pressure tells a cautionary tale, and that’s why many are turning to the new Lunex Network. 

Its innovative offerings and traders-driven approach position this DeFi star as a DeFi game changer. Even its crypto presale has been a phenomenal success. Let’s find out more about why Lunex Network is turning investors’ darling.

Lunex crypto presale shaking up DeFi with groundbreaking growth

Since its launch, Lunex Network has shown immense strength and capability to deliver on its revolutionized DeFi promises. By enabling seamless trading of over 50,000 crypto pairs across interconnected blockchains, Lunex Network offers a unified trading experience that sets it apart in the crowded DeFi space.

Smart money is taking notice – its innovation and presale success are impossible to ignore, especially as analysts predict explosive growth post-presale. What struck a chord with many of these smart money was Lunex Network’s state-of-the-art smart contract technology.

Additionally, Lunex Network’s cost-efficient model is a game-changer. By leveraging advanced aggregation tools, it minimizes gas fees. Then, there’s the revenue-sharing program that rewards active participation. Therefore, it’s so easy to see why the smart money is moving away from XLM and Chainlink uncertainties to its ongoing crypto presale.

Stellar Lumens retraces 12% from profit-taking whales

Stellar Lumens had an excellent Q3/Q4 on the fundamental and technical front. In fact, the cross-border remittance network was once soaring high on Franklin Templeton and MasterCard’s high-profile endorsement—until it couldn’t! XLM rose to a yearly high of $0.6 earlier this month but quickly tumbled 33% to $0.4 before settling at $0.5.

This retracement, largely driven by profit-taking whales, has sent a cautionary tale to investors. The broader market correction worsened the outlook, too. BTC falling back below the $95k mark triggered a market-wide drop. However, the relative strength index (RSI) recovering to 36 could soon stabilize XLM’s sharp decline.

Chainlink moonshot: A flash in the pan or another ATH?

Chainlink has been on a tear after hitting the psychological support that provided a springboard for an 80% moonshot to $18. But with prices pulling back slightly to $17.87, traders are left wondering: Is this just the beginning, or will it fizzle out? The $18.7 resistance level has proven stubborn, and traders are cautious.

Despite this, the derivatives market remains optimistic. On Binance, long positions dominate with a 3.9 ratio, reflecting confidence in LINK’s bullish momentum. Chainlink’s introduction of privacy-enhancing tools, like CCIP Private Transactions, has bolstered investor sentiment, attracting institutional interest from players like ANZ Bank.

The dawn of a new DeFi leader

The increasing sell-off pressure Stellar and Chainlink are experiencing has set Lunex Network up for an explosive moonshot. With its innovative approach to cross-chain trading, unparalleled cost efficiency, and cutting-edge smart contract technology, Lunex Network is proving to be more than just a crypto presale success—it’s a glimpse into the future of decentralized finance. In fact, early investors are up 175% already, and that’s just the start. Presale is still ongoing for a measly $0.0033 that could soon rise to a cent.

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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