In the crypto market, a new DEX has emerged that is set to rival top CEXs like Binance in terms of features. This DEX, Lunex Network, is gaining the spotlight with no KYC requirements and multichain support.
Analysts forecast Lunex Network’s DeFi token will outshine Binance Coin (BNB) in the coming months. LNEX is currently at the fourth stage of its presale and is expected to soar by 18x soon. Meanwhile, the price of Jupiter (JUP) has increased on the weekly and monthly charts.
Binance Coin (BNB) Binance Closes Referral Program in Turkey Citing Regulatory Issues
Binance Coin’s (BNB) Binance exchange discontinued its retail referral program in Turkey a few months after it got its services approved by the Turkish regulator. Binance explained the decision as a need to adhere to the “local law and regulation.”
Still, the company wanted to let users know that no other alterations to the platform would be made even after the removal of the referral program. Also, the Binance Coin crypto has dropped below $600 once again, according to CoinMarketCap.
The selling pressure in the market had affected investors’ sentiment. More buying pressure is needed to push the Binance Coin price back to this level.
Despite the pull, Binance Coin’s (BNB) 14-day RSI is still above the 50 mark. Based on this, analysts forecast the value of the Binance Coin BNB might reach $778 in the coming months.
Jupiter (JUP) Price Surges On, Analysts Give Three Targets
Jupiter (JUP), the native token of a decentralized exchange on the Solana network, is among the best DeFi coins in the market right now. Data from CoinMarketCap reveals the price of the Jupiter token has increased by 14% in the weekly timeframe.
The cryptocurrency is also bullish on the biweekly and monthly charts, with profits of 31.9% and 21.0%, respectively. The ongoing uptick comes after Grayscale added Jupiter (JUP) as part of the coins it is considering for its product portfolio.
The coin’s 14-day RSI is above 60, a sign that investors have high confidence in the Jupiter coin. Coincodex forecasts the value could increase to $1.253596 in the next trading sessions. Thepersis10t shared three price targets of $1.28, $1.76, and $2.19 for the Jupiter crypto.
Lunex Network (LNEX) Captivates Traders With Exciting Trading Tools
Lunex Network (LNEX) is a DeFi exchange that has become a goldmine for traders who are tired of centralized exchanges like Binance. Lunex Network combines the advantages of decentralized and centralized exchanges to give users a comprehensive experience.
Users can swap different cryptocurrencies on the platform at low cost and fast speed across many blockchains. They don’t even have to submit KYC to use the platform. This approach is part of Lunex Network’s respect for user privacy.
Lunex Network also allows traders to hold their coins, something that is not possible with centralized exchanges. In addition to this, Lunex Network also gives full discretion and complete transparency on every transaction and, hence, is the most secure trading platform.
As explained earlier, Lunex Network has the lowest gas fees because the platform’s smart contracts pull liquidity from multiple blockchain networks. Lunex Network has entered stage 4 of its presale, where each token can be purchased for as little as $0.0017. The project has raised over $1.2 million in funding, analysts expect an overall increase of 18x at the end of the presale.
Lunex Network To Rival Binance Coin (BNB)
Lunex Network is not just a new DEX; it is a revolution. It aims to surpass Binance with its multichain capabilities and no-KYC approach, making it a pace-setter in the DeFi market. Investors who are looking for a new platform to grow with should consider the Lunex Network.
You can find more information about Lunex Network (LNEX) here:
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