Sui and Near Protocol are currently facing a mixed market sentiment as neither of these tokens have recorded significant price movements in the last few days. Meanwhile, Lunex Network’s viral presale is soaring through the charts after raising 950,000 USDT in record time.
Sui’s (SUI) Trading Volume Drops After Insider Trading Allegations
Sui was recently accused of $400M worth of insider trading that triggered a massive rally for Sui last week. The Sui crypto is now seeing a notable shift in investor sentiment as the token’s trading volume has decreased by 34.50% in the last 24 hours. Sui is currently trading for $2.07 after an intra-day increase of 1.63%.
Despite the allegations, Sui is showing resilience on its daily chart by trading above all of its key Simple Moving Averages. However, since Sui’s Momentum Indicator and MACD line are both suggesting bearish dominance, Sui’s price is expected to encounter steep declines in upcoming weeks. Sui is currently facing resistance at the $2.18 level while the key support is at $1.46.
Near Protocol (NEAR) Flashes Mixed Signals Despite AI Collaboration with Delphi Labs
Near Protocol has recently announced its first cohort project with Delphi Labs as part of the AI Accelerator Program. Since Near Protocol is supporting and scaling high-potential projects, Near Protocol’s community sentiment has turned 88% bullish. Near Protocol is currently trading for $4.97 after a minor intra-day decline of 0.06%.
Near Protocol’s volume has decreased by 42.13% over the last 24 hours which typically indicates a fall in investor interest. Although Near Protocol is trading above its key Simple Moving Averages on the daily chart, Near Protocol’s Momentum Indicator is now suggesting bearish dominance. If Near Protocol falls below the $4.86 pivot, the token could experience a steep decline to the $3.83 support in upcoming weeks.
Lunex Network’s (LNEX) Interconnected Ecosystem Makes Waves in Explosive Presale
Lunex Network is becoming an overnight sensation in the DeFi space with its new multi-chain trading platform. Since Lunex Network has already proven its potential by raising more than 950,000 USDT in record time, analysts are projecting up to 1800% gains for Lunex Network’s native LNEX token by the end of its presale stages.
Lunex Network’s cross-chain interoperability means that traders can swap tokens across different blockchain networks at low costs. Instead of relying on third-party wallets like MetaMask and TrustWallet that only offer subpar security, Lunex Network users can rest assured that their funds are completely secure due to the platform’s Ethereum-backed and smart contract-enabled trades. If that wasn’t enough, then Lunex Network also has no KYC checks upon signup which means traders can keep their identities anonymous whilst making large crypto transactions.
To make the trading process even simpler, Lunex offers a non-custodial wallet and portfolio tracker that allows traders to stake, swap, or store all of their digital assets on a single platform. Since Lunex is compatible with over 40,000+ blockchains already, market experts believe Lunex Network’s DeFi exchange has what it takes to dominate the entire DEXs and CEXs market by 2025.
Lunex Network is currently in its third presale stage, with tokens selling for a low price of only $0.0015. As Lunex Network’s native LNEX token gains traction due to its real-world adoption and scalability, analysts are tipping at a massive 100x rally on the token’s official launch day.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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