New DEX Protocol Lunex Network Joins Ethereum and Binance in the Spotlight – Can It Surpass $0.50 by Year-End?
The crypto community has often lambasted Ethereum for its poor performance relative to Bitcoin. However, those sentiments have changed as Ethereum continues its impressive gains, surging 50% over the past month. The gains have attracted optimistic price predictions for Ethereum, with institutions such as Bahamian financial institution Deltec Bank offering multiple predictions for ETH’s future value, the latest predicting it will reach $10,000 by the end of 2025.
The company also provided conservative targets for 2025 and 2030 of $9,000 and $20,750, respectively. Binance Coin, on the other hand, has surpassed Solana to rank fifth.th After a historic surge, the BNB token is up over 22% on a weekly basis. Similarly, Lonix Network Pre-sale revenue also reached a new milestone, exceeding $4.5 million, pushing LNEX price to $0.0038 as it targets $0.5.
Lunex Network hits revenue milestone of $4.5
The Lunex Network ICO has been an incredible journey so far. The project successfully raised more than $4.5 million, with a new goal of raising $5 million by the end of the year. also, Linax The price also surged by 200% to reach the $0.00038 target. This impressive gain from the Lunex Network presale is due to the project’s unique DeFi features, which allow traders to easily exchange 50,000 crypto assets on more than 40 blockchains.
This cross-chain swap feature also means traders can perform swaps at the lowest possible cost, supported by top speeds, without having to switch from one platform to another. In addition, Lunex Network also offers a powerful staking model that allows users to earn up to 18% annualized returns. This provides an attractive option for investors seeking passive income.
Lunex also provides traders with the right tools they need to make informed decisions. With its data-driven decision-making capabilities, users have access to the latest market insights, which can help traders stay ahead of the curve, especially during the fourth quarter bull market. Therefore, Lunex Network is an excellent project that may record more gains in the coming days.
Ethereum Price Prediction: ETH Short and Long-Term Price Targets
Although Ethereum has not seen significant gains this altcoin season compared to ADA and BNB, bulls have managed to defend ETH’s strong support levels. According to cryptocurrency analyst IncomeSharks, daily support for Ethereum remains intact, reinforcing confidence in previously held positions. The analyst also highlighted the importance of on-chain utilities while setting the downside threshold at $3,200. A break below this area could trigger an Ethereum sell-off.
However, with bullish momentum, Ethereum’s price performance is set to reach the $4,000 target in the short term. On the multi-year chart, Ethereum price has formed a massive cup-and-handle pattern since November 2021. In order to achieve the long-term price target predicted by Deltec Bank, Ethereum price must first confirm a break above $3,800, thus setting up an explosive growth phase.
The price of Ethereum has been hovering around $3,700, with a market capitalization of over 445B. Inflows into Ethereum ETFs also remained strong, with inflows surging to $132 million, led by Fidelity’s ETH and BlackRock’s ETHA. Technical indicators also support the bullish outlook, with the RSI at 67 indicating that the uptrend is gaining momentum.
BNB listing volume exceeds Solana: Can BNB exceed $1,000 by the end of the fourth quarter?
Several altcoins have dominated the cryptocurrency market, including Binance Coin, which has seen impressive price performance over the past few months. The price of BNB has increased by more than 234% so far this year, and its market value has surpassed Solana, ranking fifth.
Additionally, Binance Coin trading volume surged over 147%, reaching the $6.3B mark. BNB’s impressive price momentum triggered significant liquidation across the market. according to CoinGlass CoinGlass DataOver the past 24 hours, $5.4 million in BNB short positions have been liquidated. BNB open interest also surged over 39% to $1.5B, indicating increased market participation and growing speculative interest in the token.
it is Technical indicators Despite the slight pullback, it still shows continued bullish momentum. Binance Coin’s RSI is 77, indicating continued upward momentum. This bullish outlook confirms Ali’s previous prediction for BNB price, suggesting that a close above $662 could open the way for a price increase to $1,630. Binance Coin price has been hovering at $770 Region It also sets a price target of $1,000 before the end of the year.
Can LNEX price performance surpass ETH and BNB price trends?
Ethereum and Binance Coin are established cryptocurrencies that continue to dominate the market. However, Lunex Network is also a unique DeFi project with the potential to achieve impressive gains before its official launch. Lunex Network pre-sale momentum Reflecting its upcoming earnings, investors jumped on the opportunity as they expected more gains to come.
You can find more information about Lunex Network (LNEX) here:
website: https://lunexnetwork.com
social contact: https://linktr.ee/lunexnetwork
