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

Ethereum (ETH) Eyes $5,000 Among Recent Breakout—Here Is Why ETH Holders Are Diversifying Into Lunex Network (LNEX) This Month

Bitcoinist
by Bitcoinist
Last Updated: December 20, 2024 1:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Approaching the $5,000 milestone, Ethereum (ETH) attracts investor interest. Analysts suggest that this new ATH could be reached before the year closes. But Lunex Network (LNEX) is a breakthrough DeFi protocol offering what traditional DEXs cannot.

Lunex Network is fast becoming the preferred alternative for DeFi aficionados with creative cross-chain technologies and some of the lowest rates on the market. Why are investors rushing to Lunex Network this month? Read on to find out.

Lunex Network (LNEX) is Redefining Blockchain Transactions

With its creative cross-chain technology, which lets smooth transactions across more than 40 blockchains, Lunex Network is transforming the DeFi scene. Unlike conventional decentralized exchanges (DEXs) like Uniswap and PancakeSwap, which are limited to Ethereum and Binance Smart Chain, respectively, Lunex Network permits users to trade on a far larger scale, therefore guaranteeing unmatched freedom. 

Lunex Network is a great DEX for users wishing to trade a wide array of cryptocurrencies without paying the usual high fees connected with DEXs because Lunex Network offers some of the lowest transaction fees in the market. Holding LNEX tokens entitles users to a portion of the weekly earnings of the network, thus encouraging continuous involvement. 

Moreover, transaction and listing fees are paid in LNEX which creates a deflationary effect projected to raise the value of the token over time. Further increasing the possibility for value appreciation, Lunex Network actively reinvests its earnings to buy back LNEX on the open market and distribute it to token holders.

Early adopters are already seeing an amazing 283% ROI as LNEX’s price has increased from the starting $0.0012 price to the current $0.0046 price. Given the forthcoming launch price of $0.0216 and ongoing investor interest, the LNEX value should rise much more. By selling more than 2.3 billion LNEX tokens so far, Lunex Network has already raised over $5.3 million in a few months, establishing itself as a major competitor in the fast-growing DeFi space.

Analysts Predict New ATH by Year-End for Ethereum (ETH)

Rising by over 7% in the past week alone and lately reaching the $4,000 level once more, the Ethereum price has demonstrated notable bullish momentum. Over the previous month, the Ethereum price has increased by more than 28%, producing both higher highs and higher lows that indicate a clear bullish trend. 

Although there is strong opposition at the $4,000 zone, the Ethereum price chart shows its continuous positive trend, and experts believe that the $4,000 resistance will shortly be passed. Supported by strong technical indications, this ongoing upward rise places Ethereum (ETH) among the top altcoins to hold.

Further faith in the altcoin’s positive future comes from technical indicators such as the Moving Averages, Awesome Oscillator, and MACD that are flashing buy signals on the Ethereum price chart. Having a small volatility of 7.99%, Ethereum (ETH) noted 15 green days and displayed a constant upward trend over the past 30 days.

An Ethereum price prediction by analysts projects that the trading range of the altcoin in 2025 will be $4,000 to $7,600. The expanding Ethereum (ETH) ecosystem, which forms the basic substrate for DeFi and smart contracts and attracts developers and institutional investors, supports this optimistic Ethereum price prediction even further.

Lunex Network Promises Bigger ROIs Than Ethereum

Astute investors are still striving to diversify their portfolios and maximize returns as Ethereum (ETH) continues on its positive run and heads toward new all-time highs. With its creative cross-chain technology and deflationary tokenomics, Lunex Network (LNEX) is rapidly taking the front stage and giving investors unheard-of financial freedom and incentives.

Early investors’ already witnessed an impressive 283% return on investment and Lunex Network is poised for exponential growth when it debuts on multiple exchanges in Q1 2025.

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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