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HomeNewsPolygon Fails To Capitalize On (POL) Re-Brand - Ethereum Fails To Test...

Polygon Fails To Capitalize On (POL) Re-Brand – Ethereum Fails To Test Previous ATH – Lunex Network Fails To Disappoint!

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Polygon’s (POL) re-brand struggles to gain traction, while Ethereum fails to retest its previous all-time high. However, Lunex Network continues to impress, standing out with its innovative features and investor appeal. As established cryptos face setbacks, Lunex Network’s momentum shows no signs of slowing. Lunex Network’s 1800% price projections positions it as a rising star.

Polygon (POL) Recovers After Recent Rebrand

Polygon’s rebranded token, POL, is on a positive trend. POL currently trades at $0.431 with a market cap of $3.1 billion. Additionally, Polygon’s trading volume surged to $121 million.

The recent transition from MATIC to POL has created positive momentum for Polygon. This excitement grew when Binance made a crucial announcement this month. Binance revealed that POL would be included in various products such as Earn, Buy Crypto, Convert, Margin, and Futures. Polygon experienced a nearly 15% price increase as the exchange listed it.

Before Binance’s announcement, Polygon struggled to break the $0.39 resistance level. POL had lingered between $0.38 and $0.35 since early September, close to its all-time low of $0.345. However, the recent listing news prompted a 17.3% price increase. This surge pushed Polygon above the $0.44 zone.

Can Ethereum (ETH) Bounce Back?

Ethereum recently reclaimed the $2,600 level after a rally following months of stagnant price action. However, Ethereum is largely flat on the monthly time frame and is down over 0.3% this month.

Ethereum has climbed back to 14% to reclaim its previous levels after it had slipped lower against the ETH/BTC pair. This recovery has given many Ethereum bulls the desired hope of a higher climb which might take ETH to the $4,000 mark and even beyond. Ethereum is closely being monitored to indicate whether it can perform a bullish run in the subsequent weeks.

Lunex Network (LNEX) Offers More DeFi Features As Investors Pile In

Lunex Network allows users to trade cryptocurrencies across multiple blockchains instantly with no personal information or wallet connections required. Lunex Network offers users ultra-low fees to make crypto trading more accessible to a broader audience.

Lunex Network provides a robust portfolio tracker and an advanced subscription service called Lunex Pro to support asset management. This premium service offers features like AML wallet checks, cashback on every transaction, and additional tools tailored for serious investors.

Lunex Network also stands out to institutional investors through its interoperable blockchain bridge. This innovative feature enables businesses to accept cryptocurrency payments, which are instantly converted using the Lunex B2B payment gateway. This approach not only fosters widespread adoption of cryptocurrencies but also broadens Lunex Network’s global reach. 

Lunex Network offers a revenue-sharing model for token holders. By holding $LNEX tokens, investors can earn up to 18% APY in passive income. With a presale price of $0.0012 and an expected 18x return before launch, investors are rushing to add $LNEX to their portfolios. As momentum builds, now is the perfect time for investors to get involved before the price surges further.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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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
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