Crypto Market Dips Nearly 5% Amidst Brief Retracement; Investors Turns to Presale Star
The post Crypto Market Dips Nearly 5% Amidst Brief Retracement; Investors Turns to Presale Star appeared on BitcoinEthereumNews.com.
The crypto market briefly retraced after an extended bull run over the past few weeks. While the market readjustment is not entirely surprising as it is necessary to build some support before it continues its uptrend, Investors are shuffling their portfolios in what appears to be a precautionary move. Although top altcoins like Helium are still able to retain some momentum and stay above the resistance level, other ones like Tron (TRX) have retraced below this level. On this backdrop, Investors are turning to presale stars like Lunex Network (LNEX) with notable growth potential, thanks to its innovative approach to decentralized exchange. Lunex Network’s Customer-First Exchange Protocol Breaks Standard protocol One major problem that decentralized exchanges try to solve is that of interchain interaction or interoperability. While there has been a noticeable progress in this regard with existing DEX exchanges, Lunex Network (LNEX) takes it a notch higher. By connecting isolated blockchains in order to establish a non custodial crypto exchange, Lunex Network facilitates an easy way to convert and transfer over 50,000 plus crypto instantly. Lunex adopts a customer-first approach in its service delivery, ensuring that users can carry out all transactions without the need for KYC or third-party crypto wallets. Likewise, it adopts an innovative revenue share model which allows token holders to earn up to 18% passive return through staking. Essentially, the platform allocates a portion of its generated revenue towards buying the native LNEX token from the open market, and then redistributes it among token holders. Meanwhile, the exchange also offers institutional services, providing instant access to 65+ RPC nodes for Web3 development needs. This way, businesses and developers can integrate Lunex Network’s custom gateway payment, thereby enabling them to easily accept cryptocurrencies as a form of payment method. The best part of all of these…
Filed under: News - @ October 12, 2024 6:18 pm