Cryptocurrency

New Defi Exchange Native Token LNEX Takes Flight Mirroring Earley RUNE and Solana (SOL) Price Action!

IndustryTrends

Market analysts call it ‘going parabolic’; when the rise in the price of a token is so steep it nearly defies gravity, and a parabola forms on the graph. The Solana price did this in 2021 and 2022. As did THORChain (RUNE) in 2020 and 2021. Now, the new DeFi exchange Lunex Network is getting ready to follow suit and go parabolic. There’s cause to see what happened and why the Lunex Network presale is the go-to token right now.

THORChain (RUNE): 190x in 12 months

Let’s get in a time machine and go back to May 2020. THORChain (RUNE) was priced at just over ten cents. A small-time player is easily dismissed. Fast forward a year later, and THORChain delivered a 20,000% return. A thousand dollars in THORChain in 2020 would have resulted in a new Porsche 911, and you’d still not have spent half your winnings. This is what going parabolic looks like.

To be fair, THORChain did lose a lot of that value in the ensuing crypto winter, but even if you did not sell at the top, today, a thousand-dollar investment in THORChain in 2020 would be close to $50k. Try getting those returns at a bank! And the best part is THORChain is going back up.

Solana (SOL): Solana price makes ThorChain look puny

With our time machine still parked in May 2020, let’s put a thousand dollars in Solana. The Solana price is sixty cents. Press the fast forward button to May 2022, and that Porsche 911 is small potatoes, as the Solana price climbed 433x. The thousand dollars is worth almost half a million dollars. The Solana price went parabolic. And it did so twice – the second time between October 2023 and April this year. The Solana price is again on the uptrend, and while 400x is not on the cards this time, a 5x is not bad going.

Lunex Network (LNEX): DeFi exchange the next to-go parabolic

The sad thing is we do not have a time machine, and looking at the massive gains in Solana and THORChain only provides us with FOMO. But it is the present day, and now, a new parabolic opportunity is not just knocking but breaking down the door. Welcome to Lunex Network, a new CEX/DEX hybrid DeFi exchange that has the investor world excited

What makes Lunex Network so special? Firstly, it takes all the best aspects of a centralized exchange – high liquidity, feature-rich, fast transactions – and blends them with everything that makes a decentralized exchange desirable – No KYC, higher security, and non-custodial wallets. Lunex Network boasts over 50,000 trading pairs and cross-chain trading, which is a massive breakthrough in crypto trading.

But the big deal about Lunex  Network is that it is the DeFi exchange the world needs. DeFi is excellent in concept but impossibly tricky in practice. The DeFi market is worth $80 billion, and if it was made simpler, it could be worth a lot more. Enter Lunex Network, making DeFi exchange easy – not again, but for the first time.

This is why Lunex Network has passed half a million in presale liquidity and has not even been available for a week yet! Lunex  Network is earmarked to follow in THORChain and Solana’s paths, so getting hold of Lunex now while it is priced at only $0.0013 is the best investment decision you can make today.

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

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