New DEX Protocol Lunex Network Joins Ethereum and Binance in Spotlight – Could it Exceed $0.50 by Year-End?
The crypto community has regularly called out Ethereum for its poor performance against Bitcoin. However, as Ethereum continues to make impressive gains, it has risen by 50% in the past month. This gain has attracted favorable price predictions for Ethereum, as Deltec Bank, a financial institution in the Bahamas, provides several predictions for the future value of ETH, the most recent of which is $10,000 by the end of 2025.
The company has proposed conservative targets for 2025 and 2030, which are $9,000 and $20,750, respectively. On the other hand, BNB token has surpassed Binance coin Solana by maintaining the 5th place by market capitalization after a historic increase of over 22% weekly rally. Similarly, Lunex Network also recorded a new milestone in pre-sale revenue, surpassing $4.5M, which contributed to LNEX's price movement of $0.0038 while meeting its $0.5 target.
Lunex network has reached the revenue level of more than 4.5 dollars
The Lunex Network ICO has seen an incredible journey so far. The project has raised over $4.5M, with a new target of $5M by the end of the year. Additionally, LNEX price rose 200% to hit the $0.00038 target. This amazing Lunex Network presale benefits from the project's unique DeFi features, which make it easy for traders to exchange 50,000 crypto assets across 40+ blockchains.
This cross-chain switching feature enables merchants to switch at the lowest possible costs with the help of high speed without having to switch from one platform to another. Additionally, Lunex Network offers a robust staking model that allows users to earn up to 18% API. This provides an attractive option for investors looking for passive income.
Lunex also provides traders with the right tools to make informed decisions. With data-driven decision-making features, users can get timely market insights that help traders stay ahead of the game, especially during the Q4 bull run. Therefore, Lunex Network is a prominent project that can earn more profits in the coming days.
Ethereum price predictions – ETH short term and long term price targets
While Ethereum hasn't seen a big rally compared to ADA and BNB this altcoin season, the bulls have been able to fend off strong ETH support levels. According to crypto analyst Income Shark, Ethereum's daily support remains intact, reinforcing confidence in the holdings already entered. The analyst emphasized the need for on-chain utility plays to set a lower limit of $3,200. Falling below this range can trigger the sale of Ethereum.
However, at a higher rate, Ethereum price performance is set to reach $4,000 in a short period of time. On the multi-year chart, the price of Ethereum has formed a huge cup and handle pattern since November 2021. As predicted by Deltec Bank, the price of Ethereum must first confirm a break above $3,800 to achieve the long-term price goal, an explosive growth level.
The price of Ethereum has been hovering around $3,700, with a market cap of over 445B. Inflows into Ethereum ETFs also continued to be strong, with $132M inflows led by Fidelity's ETH and BlackRock's ETHA. Technical indicators also support a bearish outlook, with the RSI at 67 suggesting a bullish trend.
BNB Surpasses Solana on Market List: Will BNB Reach $1,000 Before End of Q4?
A number of altcoins have taken charge in the crypto market, including the Binance coin, which has seen impressive price performance in recent months. BNB's price movement recorded over 234% YTD, overtaking Solana by market cap to secure the fifth spot.
In addition, the trading volume of Binance coin increased by more than 147 percent to the $6.3B mark. This dramatic BNB price advance has created significant liquidity across the market. According to CoinGlass data, $5.4M short positions in BNB were canceled in the last 24 hours. BNB's open interest rose over 39% to $1.5B, indicating high market participation and growing speculative interest in the token.
His technical indicators indicated that the bullish momentum would continue, albeit with a slight pullback. The RSI of Binance coin is at 77, which indicates a continued upward trend. This bullish view confirms Ali's previous BNB price prediction that a close above $662 could pave the way for a move to $1,630. The price of Binance coin is hovering around $770 while maintaining its $1,000 price target before the end of the year.
Can LNEX price performance surpass ETH and BNB price movements?
Ethereum and Binance Coins are well-established cryptos that continue to dominate the market. However, the Lunex Network is a unique Diffie project that has the potential to make significant breakthroughs before official launch. Lunex Network's pre-sale progress reflects the future gains and investors have taken the opportunity as they expect more gains in the future.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
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