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The decentralized finance market might be shaky right now, but big-time cryptos like DOGE and LINK aren’t particularly witnessing price dips. In fact, predictions suggest that the tokens will maintain their momentum and continue to grow.
But even as their investments grow, the DOGE and LINK investors are taking precautions by exploring a new DeFi crypto called Lunex Network, which is about to take the DeFi industry by storm. Here's why:
After a strong surge last week, the largest meme coin, DOGE, is currently experiencing some amount of sell-off pressure, with its market cap slipping below $16 billion. Despite such a performance, crypto analyst Ali Martinez noted that DOGE could be inching closer to a major run-up if indications from the MACD are anything to go by.
Martinez pointed out that on the weekly chart, the last two MACD bullish crossovers saw DOGE’s price spiked 90% and 180%, respectively. In turn, repeating this pattern may drive the price to 20 or 30 cents.
With all technical indications now likely to produce another MACD bullish crossover, investor interest is held high for an upward breakout in the official DOGE price.
In a recent chain of events, LINK has reportedly entered into a partnership deal with Swiss custody firm Taurus and Australian bank ANZ to explore tokenized assets' wealth of opportunities. Per the agreement, Taurus and ANZ are scheduled to incorporate LINK’s Data Feeds and Proof of Reserve features.
The collaboration seeks to solve the major pain points of the tokenized assets industry-security, the reliability of data, and the possibility of asset mobility across the LINK chains. Meanwhile, LINK, which dipped by 3.5% in the last week of September, went back up to $11 in the first week of October and might climb even higher soon.
This has attracted the attention of smart money investors, who made LINK the third most accrued token in the portfolio of this category of investors in the last week.
For investors eager to find a balance between reliability, good liquidity, and advanced functionalities of DEX, Lunex Network would be ideal. It allows for smooth transactions high liquidity, and gives access to more than 50,000 currency pairings.
To achieve this, Lunex Network makes use of a hybrid crypto exchange model, which combines the best of both on-chain and off-chain trading. One major benefit of Lunex Network is its elimination of KYC verification requirements. Users can trade and access the platform without needing to provide identification.
This way, they can swap tokens between blockchains while maintaining complete anonymity. By making crypto more liquid and trading easier. Lunex Network also offers high-return possibilities to traders and investors on a secure, user-friendly platform.
Currently, in the second phase of the presale, Lunex is reasonably affordable at $0.0013, a decent opportunity to invest early in a network that is positioned to grow and rake in a lot of profit.
Given its impressive potential, Lunex Network is already gaining the attention of investors in DOGE and LINK, seeking shelter in a crypto project that makes profits. With the projection for Lunex Network to increase by 1800%, now is the best time to join the Lunex Network revolution through its presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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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 here.
