Following the crypto news of another imminent altcoin season, top cryptos like Cardano have experienced decent buying pressure. This follows a significant surge in the past month, which saw Cardano’s price record rise by over 80% within the same period. To regain such momentum, the ADA price movement must overtake resistance at different levels, supported by recent developments, including the just-released Daedalus 7.0.0.
Similarly, Lunex Network has seen impressive gains in its presale, raising over $5.2 million while hitting the $0.0046 price mark. The surge in Lunex Network is due to its outstanding DeFi features propelled by a unique revenue-sharing model.
Lunex Network: Streamlining Crypto Transactions with Unmatched Security
Lunex Network is a cutting-edge DeFi protocol poised to revolutionize the crypto industry with its unique innovative framework. The project connects isolated blockchains, enabling instant swaps across over 50,000 assets and 40+ blockchains. Moreover, transactions are conducted anonymously, eliminating the need for KYC or third-party wallets, ensuring a seamless yet secure experience without compromising sensitive information.
Lunex Network offers a non-custodial wallet and a portfolio tracker with unique built-in analytic tools for better asset management. The Lunex Pro service offers refined trading tools, AML wallet checks, and cashback bonuses for investors seeking advanced features. Institutional clients will also benefit from the Lunex Network’s interoperable blockchain bridge, which acts as a B2B payment gateway.
The project has introduced a revenue-sharing model that distributes a portion of its weekly profits to LNEX token holders with a staking reward of up to 18% APY. Its current price has surged to $0.0046, offering early investors over 283% ROI. This surge is set to continue, making now the right time to invest in the project.
Cardano’s Recent Development and Increased Network Activities Could Boost Momentum
The price of Cardano has been hovering around the $1 region, having recorded a weekly dip of over 8%. This recent dip has been attributed to the recent dip in Bitcoin’s price, which affected most of the altcoins. Bullish momentum is set to resume as BTC regains a bullish outlook.
Moreover, the early December boom in Cardano’s price movement is connected to the network’s activities, leading to more ADA transactions and increased demand for the token. While this unique uptrend momentum seems to turn into a correction period, Cardano is looking to regain the bullish outlook with recent ecosystem development, including the Daedalus 7.0.0 for mainnet release.
Daedalus 7.0.0 will enable users to delegate their voting rights or choose an automatic voting option, ensuring that the community fully controls Cardano’s success. Such an upgrade backed by Cardano’s technical indicators could propel an upward shift in the price of ADA. The RSI at 58 points out bullish momentum supported by the 100 and 200-day SMA, which act as crucial support levels in case the bearish outlook is sustained.
Lunex Network Set to Mirror Cardano’s Price Movement
Lunex Network is looking to mirror Cardano’s November price performance with its special mix of security, low transaction fees, and privacy. This has led to significant excitement, with over $5.2 million in presale revenue already raised. Early investors are also enjoying over 283% return on investment, which is set to surge even further in the coming months.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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