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Polygon 2.0 and Internet Computer’s Chain Fusion protocol are both attracting significant investor attention this week. Meanwhile, Lunex Network’s new DeFi exchange has already reached a new all-time high price after raising $2.21 million during its presale stages.
Polygon’s price increased by 21.90% in the last seven days as investors gain confidence ahead of the upcoming blockchain update. Polygon plans to integrate application-specific blockchains and zkEVM on its network which is likely to trigger a massive rise in network activity. Even though Polygon is poised to hit $1 by the end of Q4’s bull market, analysts are projecting a new all-time high price of $3.37 within the next few years.
Polygon is currently trading for $0.3972 after a 1.96% intra-day surge. Polygon’s volume has decreased by 17.04% over the last 24 hours as last week’s extremely bullish momentum slows down. Since Polygon’s RSI is still neutral and the POL/USDT daily chart is flashing strong buy signals, Polygon’s price could test the $0.4432 resistance in the next few days.
Internet Computer has been on an uptrend over the last seven days by recording an impressive 15.47% surge. Internet Computers’ Chain Fusion protocol also experienced a massive 1,230% increase in network activity last week which indicates growing investor confidence. Since Internet Computer’s Chain Fusion protocol allows traders and Web3 developers to build dApps across different blockchain networks like Bitcoin and Ethereum, analysts believe Internet Computer’s demand will rise to new highs in upcoming weeks.
Internet Computer is currently trading for $8.84 after a 1.65% intra-day increase. Internet Computer’s volume has decreased by 16.06% over the last 24 hours but the token’s daily chart is still flashing strong buy signals. Since Internet Computer’s Momentum Indicator is suggesting bullish dominance, Internet Computer could test the critical $10.22 resistance in the next few days.
Lunex Network is disrupting the entire crypto exchange market with its new noncustodial DeFi platform. Even in its presale stage, Lunex Network has managed to raise more than $2.21 million which is a testament to the token’s potential for future gains. With analysts already tipping at 1,800% gains for LNEX by the end of its presale, investors are rushing to purchase Lunex Network’s tokens before the scarce supply runs out.
The reason why Lunex Network is seeing such a huge influx of investments is the platform’s integration of the latest Web3 technologies. Instead of charging high gas fees on every transaction, Lunex Network uses smart contracts to source liquidity from various sources and offers the lowest possible cost per transaction to every trader. If that wasn’t enough, then every financial transaction made on Lunex Network’s exchange is encrypted on-chain which means traders no longer have to worry about the security of their funds.
Another reason why traders are showing interest in Lunex Network is the opportunity to earn a weekly passive income. Despite being a DeFi exchange, Lunex Network is still a community backed token that offers massive staking rewards with its revenue-sharing model. After staking LNEX for just 30 days, traders can start receiving rewards with up to 18% APYs. To make things even better, traders can also add more tokens to their staking pools without losing their initial APYs!
Given these impressive features, it doesn’t come as a shock that Lunex Network’s price has already rallied by a massive 75% in record time. For now, Lunex Network’s native LNEX tokens are selling for a low price of only $0.0021 each which is the lowest it will ever be.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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