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This content is sponsored by Lunex Network.
As a big supporter of the Cryptocurrency market in general, Donald Trump’s victory has positively influenced the growth of altcoins like XRP, BNB, and even the new Lunex Network. With just one month left before Trump takes office, cryptocurrency experts believe these three are the best options for their potential to offer high returns.
In particular, Lunex Network is showing potential to thrive in these favorable market conditions thanks to its amazing features and almost sold out pre-sale. Here we tell you why.
Lunex Network’s Next-Gen Features Could Help It Dominate the DeFi Industry
In today’s cryptocurrency market, not many projects offer features that provide a completely new earning experience for users. Lunex Network seeks to solve this through its innovative DeFi exchange that allows users to buy, sell and exchange crypto instantly through its decentralized trading application, called Lunex Swap. This dApp is a decentralized system where smart contracts handle operations automatically.
This way, all tokens, including Lunex Network’s LNEX token, can be easily traded without cost restrictions. Additionally, Lunex Swap operates on an automated market maker (AMM) model, which uses a liquidity pool instead of a traditional order book. Users who provide liquidity earn LNEX tokens and receive rewards such as transaction fees and rebates.
As a non-custodial and multichain decentralized exchange, Lunex Network allows users to trade directly without needing to connect their wallets. With its hybrid model of on-chain and off-chain elements, Lunex Network provides liquidity at an institutional level and eliminates slippage in operations.
XRP soars after win against SEC
The price of XRP has been relatively stagnant throughout the year, but recently entered a bullish phase. Factors such as the resignation of the SEC chairman have contributed to this positive momentum. XRP’s bullish trend could also be attributed to the widespread recovery of the cryptocurrency market. This recovery is clearly seen in the green charts of crypto projects, including XRP, over the last month.
With a current market capitalization of $152.94 billion, XRP has risen more than 140% in the last month. Looking ahead, XRP investors are now targeting a 1,000% rise in the asset’s price by 2025, with analysts suggesting that breaking the $2.58 level could trigger an uptrend for several months.
Trump’s election victory positively influences BNB growth
Since the beginning of the year, BNB has seen an impressive 185.72% increase. This growth is part of an even larger trend of strong Altcoin performance following a rally in the cryptocurrency market sparked by the election victory of Donald Trump, president-elect of the United States. The rise of BNB is due to a marked increase in trading activity.
As a result of this increase, BNB’s market capitalization has now reached $99.53 billion, which represents a large increase compared to its value at the beginning of this year.
Coinglass reports that volume in the BNB derivatives market jumped 146.38%, while open interest in options grew almost 63%. These figures show strong speculative interest and BNB investors’ growing confidence in making further price gains.
Conclusion
As XRP and BNB continue to grow, Lunex Network aims to top the market charts with its fast-selling pre-sale, where LNEX tokens are being offered for $0.0044 each. Invest now to unlock other premium features like liquidity Mining and node leasing.
For more information about the Lunex Network pre-sale, you can visit:
Disclaimer: This content comes to us courtesy of Lunex Network, who are solely responsible for the information provided here. Investments in cryptocurrencies carry risk, especially those in the pre-sale phase.
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