-AD-
-AD-
HomeNewsEthereum and Chainlink Record Healthy Growth but Whales Attracted To Explosive ROl...

Ethereum and Chainlink Record Healthy Growth but Whales Attracted To Explosive ROl Predictions For Premium Web3 Protocol

- Advertisement -

Ethereum and Chainlink have recently demonstrated impressive growth over the past 30 days, attracting attention from market analysts. As whales seek out lucrative opportunities, the focus shifts to Lunex Network, a promising Web3 protocol.  Analysts are now turning to the premium Lunex Network presale as forecasts project significant opportunities for profits, reaching up to 1,800% in returns before the presale ends.

Ethereum (ETH) Shows Great Momentum

Ethereum experienced a solid 30-day growth in September 2024, and continued to experience a gradual increase in price in the range of $2,262 to $2,963. Ethereum’s price rise is due to its growing adoption by investors who are currently more interested in DeFi. 

The recent Dencun upgrade also improved Ethereum’s scalability. Ethereum is ending September trading at $2,670 and showcasing strong momentum. This growth follows renewed market optimism, driven in part by an increased adoption of DApps​. 

While Ethereum experienced some selling pressure around $3,000, the next few days are expected to remain bullish for ETH, with some analysts predicting that Ethereum could pass $3,000 in October.

Chainlink (LINK) Climbs 13% In September

Chainlink (LINK) saw a 13% rise in its price during September. Chainlink’s price currently ranges between $10.85 and $12.88, which suggests steady expansion in value, regardless of the market trends. The demand for Chainlink has risen because of various reasons, but most notably the Cross-Chain Interoperability Protocol (CCIP). The CCIP was developed recently to increase Chainlink’s functionality in the DeFi space.

While this positive momentum continues, technical indicators like the RSI suggest potential resistance for Chainlink. This could slow the bullish trend. However, Chainlink’s long-term outlook remains favorable due to its vital role in blockchain ecosystems and rising interest from institutional investors.

Lunex Network (LNEX) Kickstarts New Era of Cross-chain Transactions

Users can trade over 50,000 multichain crypto pairs on Lunex Network’s non-custodial exchange. The decentralized exchange (DEX) operates without requiring personal information or third-party wallets — crypto traders only need to input their receiving address to begin trading. 

A major reason Lunex Network is expected to break presale records is its unique revenue-sharing model. Unlike other DeFi projects, Lunex Network reinvests a large portion of its revenue into buying back $LNEX tokens. These tokens are distributed to long-term holders as staking rewards to offer them a stable passive income. Investors can earn an attractive 18% APY through this system.

Traders can stake their tokens for just 30 days to start earning rewards. Lunex Network also allows traders to add more tokens to their staking portfolio without affecting their initial APY. These features are attracting traders and investors to Lunex Network’s presale by offering the potential for early gains and long-term returns.

Lunex’s deflationary tokenomics are built for long-term value. With a hard cap of 8 billion tokens, $LNEX is designed to decrease in supply over time. As more tokens are repurchased through the revenue-sharing model, demand is expected to rise and boost the token’s price.

The Lunex Network presale is currently in stage 2, with $LNEX priced at $0.0013. Market experts predict that the coin could surge by 1,800% before the presale ends. Early investors could see significant returns while contributing to the growth of the DeFi exchange market.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

ETHNews: This publication is sponsored. ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: [email protected] Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES