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The Oct. 1 bearish wave halted crypto rallies. As most digital assets retrace toward their recent weekly supports, investors are searching for promising tokens to bet on for the anticipated Q4 bull run.
While the Ethereum and Dogecoin price are top on investor radars, the new DEX protocol Lunex Network (LNEX) has emerged as a formidable contender. Analysts predict an 18x presale return even before LNEX hits the markets thanks to its transparent token distribution schedule.
At its current price of $2.35k, ETH has shed over 40% of its value in six months. The price even dipped as far as $2.1k in August and September. Such low prices present great market entry points.
If ETH revisits the $2.1k zone in October, a $1,000 investment will score you around 0.476 ETH. That could turn into $1,948 if ETH blows past its March high, for a $948 profit. The new DEX platform Lunex Network could offer a better upside in presale.
One analyst, Tader Tardigrade, is quite bullish on DOGE, predicting a monstrous 16x move to $1.6 once Dogecoin breaks out of a falling wedge pattern.
Anything can happen in crypto, but Dogecoin price has been unable to breach $0.14 after collapsing to $0.08 in August. Short-to-medium-term projections show that Dogecoin price could sink below $0.1 for further consolidation, and may not sniff anywhere remotely close to $1.6 until 2031.
The Lunex Network noncustodial decentralized exchange is currently in presale stage 2 with four billion tokens (50% of the total token supply) being allocated for the presale.
The Lunex Network DEX ecosystem will feature a DeFi swapping dApp, noncustodial wallet, portfolio tracker, payment gateway, and a multichain bridge. That will enable users to swap over 50,000 crypto pairs across 40+ blockchains at the lowest price possible. 24% or 1.92 billion LNEX tokens, have been reserved for future ecosystem development.
The real innovation lies with the Lunex Network staking program and revenue-sharing model, presale investors staking their LNEX earn up to 18% APY in passive income with 4% of tokens being reserved for cashback rewards.
Once the innovative DEX launches in the market a share of its revenues will go directly into repurchasing LNEX back from the open market. These LNEX tokens are then automatically redistributed as rewards to users engaging in staking.
Lunex’s development team also understands that an innovative project is nothing without popularity. To create a huge social buzz and create insane hype Lunex Network has allocated 4% of the total supply of tokens towards; marketing campaigns and strategic institutional, influencer and brand ambassador partnerships.
Alongside this Lunex Network will need to pay its development team and launch its new DEX protocol. 12% of its total supply is reserved for CEXs listings and initial liquidity lockup, while the other 6% has been kept aside for the development team but is locked for two years.
The Lunex Network ICO has already raised over $500k in less than a week, underpinning investor confidence in the innovative DEX’s transparent token distribution schedule.
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. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
