The bull run could kick into full gear at any moment, and investors that have been accumulating during challenging periods in the market will be rewarded sizable returns. Bitcoin Cash and Ethereum investors stand to benefit from future bullish rallies, though savvy investors unhappy with conservative 2-10x gains are flocking to new DEX trading and swapping gem Lunex Network in droves.
Declining Trading Volume For Bitcoin Cash Reflects Widespread Market Disinterest
Bitcoin Cash has always exhibited the perception of being Bitcoin’s less desired, weird-in-a-bad-way little brother. While Bitcoin Cash has risen over 7% this month in tandem with an overall market upsurge, this hardly indicates bullish sentiment for Bitcoin Cash itself, given that most cryptos are in the green during early Uptober.
Additionally, Bitcoin Cash’s trading volume has declined over 19% in a single day, exemplifying Bitcoin Cash’s dreary outlook. Analysts urge Bitcoin Cash investors to accumulate Bitcoin instead, though Bitcoin Cash could amass 2-10x gains in the peak of the bull run.
Bearish Sentiment Continues To Be A Thorn On Ethereum’s Side
Investors have finally caught on to Ethereum’s outdated tech, a key reason why Ethereum’s community sentiment on CMC remains overwhelmingly bearish at 71%. Ethereum’s price action corroborates this negative sentiment, with Ethereum negligibly fluctuating to the downside in both the weekly and daily charts.
Simultaneously, new gems with superior tech to Ethereum are increasingly emerging from the woodwork, such as Sui and Kaspa. Even older layer-1’s like Avalanche, Cardano, and especially Solana have been dubbed “Ethereum killers”.
It’s important to note that, as the second biggest crypto in the space, Ethereum isn’t going anywhere any time soon. However, in the long-term beyond 2025, the potential for Ethereum to be overthrown and fade into irrelevance is high in its current state.
Get In Early To Lunex Network For Imminent 1800% Rallies In Q4
As the bull market gains momentum, DEX cryptocurrencies are poised to drastically surge in value. In particular, Lunex Network stands out as a top-tier investment, with investors expecting a staggering 1800% growth during the second phase of the presale alone and 100x returns by 2025.
One of the major benefits of Lunex Network is the elimination of KYC verification requirements. Users can trade on the platform without needing to provide personal identification like a driver’s license or passport, allowing them to swap tokens across blockchains like Ethereum, Solana, and Bitcoin Cash with complete anonymity.
This reduced friction for DEX access also contributes to the platform’s incredibly straightforward token-swapping process. as part of the platform’s pledge to forgo as many trading hurdles as feasibly possible, Lunex Network additionally removes the need for third-party wallets like MetaMask or PhantomWallet– to swap tokens, users simply select their desired cryptocurrency, input a valid wallet address, and receive their tokens in seconds.
Lunex Network also offers a compelling revenue-sharing system for LNX token investors. The platform buys back a portion of its profits from the open market, redistributing half to token holders and using the other half for staking rewards, providing an appealing incentive for long-term holding. This helps mitigate price volatility, thereby rendering LNX a solid long-term investment opportunity.
Priced at just $0.0013 during its presale, few investment opportunities are as lucratively promising as Lunex Network. Historically, DEX tokens have seen enormous value increases during bull runs, and with Lunex Network’s solid fundamentals and hype potential, new investors could see returns exceeding 100x by 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
The post This Week’s Top performing Crypto’s: BCH, ETH Hits $2.7k, Lunex Network Continues Giving appeared first on ETHNews.
