Polygon (POL) has recently hit $2.28 Billion in market capitalization. Meanwhile, Immutable X (IMX) and Lunex Network (LNEX) have seen huge price breakouts, attracting investors’ attention. With Polygon and Immutable X still ruling the scene, Lunex Network is set to dominate with low-cost cross-blockchain transactions.
Will Polygon (POL) Jump Back?
Polygon (POL) recently hit a $2.28 billion market cap. However, in the last 24 hours, it has experienced a 4.12% decline. Despite pushing above key Fibonacci levels, Polygon has dropped slightly to $0.4034, a 4.14% decline in the past 24 hours. If buyers overturn this bearish trend, Polygon may pull back and re-test $0.50.
Polygon is developing a roadmap for Polygon 2.0 to boost bullish sentiment. Polygon’s latest collaboration with Starbucks focuses on a loyalty program based on NFTs and shows Polygon is committed to real-world applications.
What 32.47 Million IMX Tokens Mean for Immutable X Investors
Immutable (IMX) has declined by 2% in the last 24 hours and is currently priced at $1.72. Despite this drop, IMX’s overall outlook is positive.
On October 4, Immutable will release 32.47 million IMX tokens. These tokens will be valued at about $53.58 million, which is around 2% of its circulating supply.
Over the past 30 days, Immutable has increased by 18.34%. After Immutable’s substantial surge in value, a price correction might be on the horizon, especially following the altcoin’s recent listing on Coinbase.
Lunex Network (LNEX) Leads the Way in Low-Fee Cross-Blockchain Transactions
Lunex Network (LNEX) is an innovative DeFi exchange that enhances cross-blockchain payments for crypto traders. The platform gives investors access to over 50,000 crypto pairs across over 40 blockchains and allows them to trade with flexibility at the lowest fees.
Lunex Network has also removed complicated KYC requirements for trading. Instead of using third-party wallets like MetaMask, traders can rely on Lunex Network’s secure mobile exchange, which processes all transactions on Ethereum’s blockchain, ensuring safety and ease of use.
The project’s native token, $LNEX, will be the currency for all merchant and token listing fees. This token will be deflationary, prompting natural buying pressure and contributing to a stable floor price for $LNEX.
Lunex Network also offers more than just trading. The platform will provide Investors with the opportunity to use cryptocurrencies as collateral for short-term loans in fiat or stablecoins like USDT. Business users will also be able to trade cryptocurrencies and convert them to fiat via the Lunex Network’s B2B API.
Beyond just owning tokens, $LNEX holders will benefit from a revenue-sharing program that offers weekly rewards and profits. This system will distribute millions to token holders as another passive income stream.
With the $LNEX presale set at only $0.0013 per token in stage 2, Lunex Network is opening the door for investors to join at an affordable rate. Analysts predict Lunex Network could rival Polygon and Immutable, with a potential 100x growth by 2025. Don’t miss out!
You can find more information about Lunex Network ($LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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