Australia Tightens Restrictions on Crypto ATMs, Bullish News for Monero and Lunex Network?

Investors have flocked to Monero (XMR) and Lunex Network ($LNEX) as Australia loosens regulations on crypto ATMs. Both protocols are privacy-focused, allowing traders to manage their crypto dealings anonymously. So what will 2025 have in store for these two promising players? Let’s find out!

Monero Attracts Interest For Its Focus On Privacy 

With its revolutionary privacy-focused model, Monero (XMR) continues to amass popularity. New bug fixes and performance improvements aimed at network stability and security have been added to Monero through its new version, 0.18.3.4. All these updates saw Monero's (XMR) price jump to a two-year high, flying past the $211 milestone. 

The rise of Monero also comes amid a general uptrend in privacy-focused coins, driven by legal developments such as the U.S. Fifth Circuit Court upholding sanctions against Tornado Cash, a coin-mixing protocol. That ruling rekindled interest in privacy-focused blockchain solutions, which has likely contributed to Monero (XMR) appreciating recently.

Lunex Network Focuses On Privacy For Traders 

Lunex Network ($LNEX) is making a strong entrance into the DeFi space with an ecosystem that offers something for everyone: businesses, developers, and traders alike. 

Its native token, $LNEX, is designed for growth and resilience in volatile market conditions. A standout feature is the token's profit-sharing model. Holders get 18% of the platform's profits. This creates another stream of passive income for long-term investors on top of token appreciation gains.

With a capped supply of just 8 billion tokens, Lunex Network introduces a deflationary dynamic, ensuring value growth as adoption increases and the ecosystem expands.

Lunex Network ($LNEX) also sets itself apart with its advanced smart contract technology. The platform lets investors swap over 50,000 assets in real time at low gas fees. This makes it an accessible, practical, and relatively inexpensive substitute for conventional exchanges, suitable for both casual and professional traders.

Privacy and security are key selling points of Lunex Network. The platform does away with know-your-customer (KYC) processes allowing users to trade anonymously. This is an attractive feature to privacy-conscious investors and high-profile users. Furthermore, by not requiring third-party wallet connections, Lunex Network minimizes data risks and strengthens security.

Advanced traders can use Lunex Pro which provides live data analytics, custom trading strategies, and faster trade execution. This subscription provides the edge in a dynamic DeFi space where high-volume traders can avoid slippage, execute trades quickly, and capitalize on market opportunities with low transaction fees. 

Businesses, too, are finding value in Lunex Network ($LNEX), particularly through its merchant payment gateway. This feature allows companies to accept cryptocurrency payments effortlessly, with automatic fiat conversion after transactions. By simplifying the process, Lunex Network removes barriers for businesses looking to embrace digital payments.

Investors Race To Snap Up $LNEX Tokens 

With tokens priced at $0.0038, Lunex Network ($LNEX) is turning heads, and industry leaders are anticipating a whopping 2000% increase by the end of 2024.

Strong privacy features, advanced technology, and business tools make Lunex Network an ideal platform for traders and investors looking to participate in the future of decentralized finance. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork