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BNB Bull from $200 Now Turning Attention to TRON and Lunex Network for the Next Major Upswing

October 12, 2024
in Crypto News
Reading Time: 3 mins read
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BNB Bull from $200 Now Turning Attention to TRON and Lunex Network for the Next Major Upswing
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While many altcoins seem to be gearing up for a rally before 2024 ends, a Binance (BNB) bull who invested in the altcoin when it was still around $200 for its optimistic outlook at that time, is now turning attention to TRON (TRX) and Lunex Network (LNEX) as these altcoins present similar potential to skyrocket soon.

Moreover, while TRON (TRX) has recorded notable upswings over the past weeks, analysts anticipate that a huge rally is upcoming. On the other hand, Lunex Network aims to simplify DeFi while prioritizing user experience and has garnered a lot of investor attention with its revolutionary offerings and promising future.

Lunex Network To Surpass Other DEXs

Lunex Network goes one step further in terms of non-custodial exchanges, Lunex Network is rather similar to some other decentralized exchanges like Uniswap and PancakeSwap. Apart from letting users always keep complete control of their assets, Lunex Network lets trades be carried out using institutional-grade liquidity.

Moreover, Lunex Network does not demand users to link external wallets like MetaMask to their accounts, eliminating any potential security threats that may be associated with third parties. The non-custodial structure coupled with the anonymity that Lunex Network emphasizes in not requiring any personal information from users gives the platform an edge over other DEXs.

Meanwhile, the utility token of Lunex Network, LNEX, is currently selling for only $0.0013 in stage 2 of the presale. Similar to the Binance token, BNB, which has yielded over 490,000% ROI to early investors, Lunex Network is poised to give early holders of the LNEX token similar results in the coming years.

BNB Price Chart Analysis

Since its launch, the BNB coin has rallied by more than 490,000% showing outstanding performance over the years. The BNB coin changed from $206 to $566 over the past year, a 170% rise. Nonetheless, experts believe that the surge of this altcoin is not yet over since holders still have hope for future price increases.

As the altcoin climbed by more than 8% from $521 to $566 over the past month, BNB (BNB) is still recording higher highs and higher lows. Additionally, technical indicators display a bullish signal for the altcoin over the past month. While the Oscillators remain neutral, the MAs present a strong buy signal for BNB (BNB).

Furthermore, the BNB price chart indicates that the altcoin increased by over 4% within the past week, further boosting investor confidence. Hence, the community sentiment toward BNB (BNB) remains bullish and holders anticipate a further rally in the coming days.

TRON Price Chart Analysis

The TRON price rose over 3% from $0.153 to $0.159 over the past week. Originally generating sideways waves between $0.158 and $0.153, the TRON price finally saw an increase to the $0.162 mark where it ran against opposition.

TRON (TRX) started to dip once more as bearish momentum grew around that zone. Still, the TRON price chart shows that the altcoin increased by more than 4% during the past month. Though first declining to $0.148, the price of TRON (TRX) was rejected around that support, and bullish momentum developed from then.

TRON (TRX) is therefore now trading above the $0.158 mark. Technical indicators show, meanwhile, that the Oscillators and Moving Averages show a bullish past week and month for TRON (TRX).

TRON and Lunex Network Attract BNB Investors

Having surged very remarkably since its debut, BNB (BNB) has made massive profits for early investors. While TRON (TRX) displays a bullish structure with optimistic price movements, Lunex Network which is still in the presale stage presents a rare opportunity for investors to possibly witness what BNB (BNB) early investors witnessed. 

With the price of the LNEX token  at $0.0013 still very low, now is the right time to get in while expecting a massive ROI in the future. You wouldn’t want to miss out.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork


Credit: Source link

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