The crypto market is entering a bull run, and altcoins such as KuCoin are recovering from a lengthy downturn. According to analysts, KCS price could retest the $10 resistance level and surge past $16 per KCS. Another CEX token on track to surge this bull run is BNB. With its price currency moving sideways, onlookers opine that whales are accumulating BNB for the next uptick. BNB could soon retest its $717 all-time high.
Centralized exchanges aside, Lunex is championing the next wave of crypto presale tokens with its LNEX token. Investors flocking to LNEX’s crypto presale have so far raised over $1.63 million for the cross-chain, non-custodial DEX. Lunex is at the bleeding edge of DeFi tools with its multi-chain aggregator capable of sourcing liquidity from over 50,000 chains. At a price of $0.0019 per LNEX token, analysts are forecasting a meteoric rally on launch day.
Lunex’s LNEX is tipped to disrupt crypto presales with its DEX
Lunex is the next logical step for decentralized exchanges in the world of DeFi. Unlike most DeFi platforms that often feature complex protocols that are incomprehensible to everyday users, Lunex simplifies DeFi activities with a protocol that serves as a DEX as well as a cross-chain aggregator. You can swap coins across 50,000 currency pairs completely on-chain from your own non-custodial wallet.
What’s more, Lunex is designed with a bridge that aggregates deep liquidity across disparate blockchains, thus ensuring each trading pair has sufficient liquidity. In terms of costs, Lunex boasts negligible fees thanks to the unlimited liquidity the DEX has access to from multiple chains.
Lunex is driven by a hybrid system that combines the best of both on-chain and off-chain elements, thus facilitating near instant transactions with minimal slippage. Lunex users get several perks apart from accessing the platform’s DEX. With Lunex, you can stake your holdings for a lucrative 18% APY. The platform also comes with a revenue share model where a stake of the DEX’s profits is used to buy back LNEX from the open market.
KuCoin sets the stage for a bullish resurgence
KuCoin’s KCS token is tipped to surge this bull run despite KuCoin’s legal battle with Alameda Research concerning $50 million in locked assets. In July 2021, KCS price registered an uptick past $25 but quickly corrected to its price of $8.9.At the moment, KCS price has established support around the $8 region and its 30-day 9% price increase could see the bulls push KCS price further past $10.
BNB’s price moves sideways as whales accumulate
Binance’s BNB has been moving sideways around the $600 region for months. As a new wave of bullish sentiment sweeps across the crypto market, BNB holders are jumping on the bandwagon, with nearly 80% forecasting a bullish breakout for BNB. Could BNB retest its all-time high of $720 this bull run?
Conclusion
KuCoin’s KCS and BNB are some of the most popular utility tokens from a centralized exchange. Lunex’s LNEX, however, is the next step in the world of decentralized exchanges thanks to its non-custodial approach that still delivers institutional-grade liquidity to DEX traders.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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