- Bitcoin is nearing the $100,000 mark, leading to anticipation and a potential sell-off due to a large sell wall at that level.
- A new project called Lunex Network is gaining attention in the DeFi space, offering features like a wide array of trading pairs, portfolio tracking tools, and a revenue-sharing system.
- Lunex Network’s LNEX token presale has already raised nearly $3 million, and the token is expected to surge by over 1,800% by the end of the presale.
Bitcoin is on the verge of reaching the legendary $100,000 mark, causing excitement and anticipation throughout the crypto community. However, some are wondering if this milestone could trigger a correction. Meanwhile, a promising new project called Lunex Network is attracting attention.
Bitcoin’s Epic Rally
Bitcoin has surged over 50% in the past month alone, easily surpassing its previous all-time high. It currently trades at $98,565 after an 8% weekly increase. However, trading volume has dropped 30% to $67 billion as Bitcoin enters a mini cool-off phase.
The $100,000 Sell Wall
As Bitcoin nears $100,000, a huge sell wall looms with thousands of sell orders ready to execute. If bulls can’t hold their ground, a series of long liquidations could occur before Bitcoin resumes its uptrend. About 59% of traders on Binance are now shorting Bitcoin.
Introducing Lunex Network
Lunex Network’s presale has raised nearly $3 million so far. Investors are taking notice as Lunex aims to disrupt decentralized exchanges. Users will enjoy a high-end trading experience with strong security, minimal fees, near-instant trades, and portfolio tracking tools.
Lunex’s Unique Features
Lunex will use a portion of weekly earnings to buy back and redistribute LNEX tokens as staking rewards up to 18% APY. The platform also offers a B2B bridge API for business crypto payments. Additionally, Lunex provides access to 65 RPC nodes for building scalable dApps.
The Verdict on LNEX
With LNEX selling for just $0.0031 during its presale, now looks like an ideal time to invest in one of the most innovative DEX projects out there.
Conclusion
While Bitcoin’s push to $100,000 could spark a correction, exciting developments like Lunex Network point to a bright future for crypto. This is likely only the beginning of mainstream adoption.
