Cryptocurrency

Thena Jumps 1,300% on Binance Launch, But Why Are Binance (BNB) Users Switching to Lunex’s Crypto Presale?

Written By : IndustryTrends

The crypto market is king when it comes to liquidity and price movements. Even new cryptos like Thena are joining the fun, with a 1,300% price surge following its Binance listing that has grabbed the attention of the crypto community. Market trends like these are appealing to investors, but they often raise questions about sustainability and long-term value. 

Amid these latest developments, another trend has emerged: Binance coin users are increasingly gravitating toward Lunex Network presale. The new crypto is building steam after generating over $3.6 million in liquidity. Analysts believe this Lunex Network momentum will take its price to new heights. Here’s why!

Lunex: An exciting presale turning heads among smart money investors

Smart money investors know that the best cryptos to invest in are not the ones that have already peaked like Thena but the ones that have yet to peak. This makes crypto presale a hot topic in the crypto community. Since coming into the limelight, crypto presales have turned modest investments into monumental gains, with some of the best crypto presales exploding post-launch and delivering handsome rewards to investors. 

Lunex Network is leading this charge, making it a healthy choice in any savvy investor’s portfolio. In addition to its low market entry point at $0.0033, investors get the opportunity to accumulate revolutionary tech, which is poised to be the future of DeFi. The DeFi exchange has a value proposition to facilitate easy cross-chain interactions and transactions. 

Besides speculative gains, investors can stake the LNEX token for a further 18% APY, and through regular token buybacks, Lunex Network offers its holders a share of its revenue. With these features, all stakeholders are optimistic about the Lunex Network token, and an 1800% parabolic rally could happen in the coming months. 

Thena’s Surge: Short-lived hype or a sign of sustainability?

Thena's recent surge follows its Binance listing, driving its positive sentiments through the roof. But this is not a new phenomenon, and anyone familiar with new cryptos knows that getting listed on Binance usually sends their prices into orbit. However, following Thena’s 1,300 price pump, experts believe the Binance effect is fading away. 

Again, this appears regular to investors, as data shows that only 5 tokens out of the 31 listed on Binance for the past six months are still holding their prices. Savvy investors are more cautious than ever when it comes to investing in Thena, especially as Thena's technical indicators depict overbought signals. 

BNB price faces a new set of challenges as volume tanks

After an unpredictable rally that took the BNB price above its ATH, the BNB price has been on retracement and consolidation. Amid its regulatory issues in countries like China and the US, the BNB price is experiencing a price drop following a decrease in BNB’s on-chain activity. Users are engaged less with the network, contributing to the decreasing momentum. However, BNB has a long term positive outlook depicting a cautious price rally.

Conclusion 

Thena’s explosive debut on Binance underscores the thrill of crypto trading. But it also highlights the inherent risks of chasing hype-driven tokens. However, the Lunex token presale offers an alternative by balancing excitement with sustainability in the crypto space. Now is the time to act!

You can find more information about Lunex Network (LNEX) here:

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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