Cryptocurrency

Kaspa Price Respite After Market Turbulence Holders Siphon Investment Into Fantom (FTM) and Lunex Network (LNEX)

IndustryTrends

Kaspa investors are booking profits after recording constant losses for the past 30 days. These traders are now switching to Fantom and Lunex Network for bigger gains. Especially because LNEX is already poised for 1800% returns by the end of the token’s presale.

Kaspa (KAS) Investors Start Booking Profits

Kaspa investors have remained optimistic about the token for a long time, but they are beginning to lose confidence now. Kaspa’s price has been on a constant downtrend over the past 30 days, and there have been no major announcements from Kaspa either. Kaspa’s price is currently trading for $0.1341 after an intra-day decrease of 2.47%. 

Kaspa’s volume has increased by 36.78% over the last 24 hours which is typically a massive sell signal. Since Kaspa is trading below all of its Simple Moving Averages, investors are now booking profits before Kaspa’s price falls any lower. If the current level doesn’t hold, Kaspa’s price could fall to the $0.1195 support in upcoming weeks. 

Fantom (FTM) Selling Pressure Drops to Yearly Low

Fantom’s price recently cleared the critical $0.746 resistance and made investors turn extremely bullish on the token. Fantom’s Exchange Flow Balance has also experienced a negative spike which typically indicates low selling pressure from investors. Since Fantom collected the highest fees this month since November 2023, analysts are projecting more upswings for Fantom in the upcoming weeks. 

Fantom’s price is currently trading for $0.7727 after an intraday increase of 6.50%. Fantom’s volume has also increased by 21.02% over the last 24 hours which suggests a rise in network activity. Since Fantom’s RSI hasn’t reached overbought levels yet, Fantom’s price is expected to test the nearest $0.8340 resistance in the next few days. 

Crypto Whales Rush to Lunex Network’s (LNEX) Presale Ahead of Q4 Bull Run

Lunex Network’s presale has raised nearly 1M USDT in record time, making it one of the hottest ICOs of 2024. Since Lunex Network’s presale stages 1 and 2 were sold out within a few days, analysts are projecting up to 1800% returns for LNEX holders by the end of the token’s presale. 

The reason why Lunex Network is experiencing such explosive upward momentum is whale accumulation. Whales are choosing to invest in Lunex Network due to its attractive non-custodial wallet that allows traders to store, buy, or swap crypto directly from the platform’s mobile or desktop app. Since Lunex Network executes all financial transactions through smart contracts, traders can maintain full control over their assets and always keep track of their trades. 

To make things even better, Lunex Network allows traders to swap more than 50,000 tokens across different blockchains through its cross-chain interoperability features. This means traders no longer have to rely on unsafe third-party wallets like MetaMask or TrustWallet. Since Lunex Network also boasts a unique no-KYC policy, traders don’t have to provide any sensitive information whilst making big transactions. 

The best part about investing in Lunex Network’s presale is the Lunex Black Card that will only be given to 200 VIP tier investors. Through this card, investors can easily make crypto-to-fiat transactions without any additional costs. 

Lunex Network has recently entered its third presale stage with a starting price of only $0.0015 per token. As demand for Lunex Network’s native LNEX token skyrockets, analysts are tipping at a massive 100x rally for LNEX ahead of its official release on the open market. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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