Tron, one of the biggest cryptos and DeFi OGs, now finds itself in a precarious situation. Following the market fluctuations on Tron, many of its large backers and whales are exiting in droves to the latest cryptocurrency that’s creating massive buzz, Lunex Network.
TRON TVL fell 7.6%, but Lunex Network’s non-custodial Ethereum smart contract-backed DeFi revolution has piqued massive attention. In fact, its ongoing crypto presale is just an inch closer to a million-dollar valuation, and if analysts’ 1800% predictions are anything to go by, the LNEX token should be hitting $1 after listing. Read on to learn more.
Tron loses top holders amid bearish flag formation.
For the first time in months, Tron has shown signs of weakness after forming a bearish flag pattern on the price chart. While Tron outperformed the crypto market with a gravity-defying 50% upsurge from the August 5 drop, its ecosystem is struggling to maintain its footing. SunPump meme launchpad losing most of its tokens’ gain by double digits has waned interest in Tron‘s meme culture.
This decline suggests a potential weakening of TRON‘s DeFi ecosystem. Adding to the bearish sentiment, the bearish flag indicates more downsides and a potential drop below crucial lows at $0.13.
Unfortunately, Tron’s recent developments, including the upcoming WBTC integration, impressive Q3 revenue of $577M, and surging stablecoin dominance may not be able to offset TRX‘s growing concerns. That’s why investors are selling their losses short to snap up the latest cryptocurrency, Lunex Network with its massive 1800% potential.
Lunex Network defies market bears and edges Past a $1M raise in crypto presale.
It’s been a week of uncertainty that didn’t spare Tron‘s price. However, Lunex is steadily climbing the performance and innovation ladder. Within a few days of its crypto presale launching, this latest cryptocurrency and its redefining focus on changing things around the DeFi sphere have shattered the boundaries of what’s possible.
Lunex Network caught mainstream attention for dozens of reasons. However, for traders and investors, its highly secure, user-friendly, and intuitively welcoming ecosystem provides for both newbies and veterans. It’s like a level playing field—but for informed trading decision-making and maximized earning. This latest cryptocurrency exchange platform features a non-custodial, cross-chain, smart contract-powered AMM exchange.
But Lunex Network is a fortified citadel against the bear storm. The suite of innovative trading tools, including the Unified Asset Tracker, an Advanced on-chain analytical and ingenious data-driven tool, empowers users with better decision-making. This has also included various passive income streams to incentivize participation. It’s no wonder analysts are predicting this fledgling token could soar by 1800% from its penny value in its ongoing crypto presale.
Conclusion
Justin Sun’s meme coin vision for Tron may have just been its downfall. But the crypto market and its ocean of opportunities have opened a newer haven for Tron holders with the cryptocurrency Lunex Network, which analysts predicted would go 1800%. Its ongoing crypto presale has spread like wildfire, and the momentum isn’t tiring out, either. The Lunex token price is selling for just $0.0015 in stage three, and it’s the lowest it could ever get.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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