Toncoin has seen rapid growth since Gary Gensler’s departure was announced on November 21. On November 23, TON price entered major bullish momentum to reach a new 90-day high at $6.6. Its technical structure on the channel indicates that the price of TON could surpass the $7 mark as whale investors have significantly increased demand for the token.
On the other hand, Lunex Network establishes itself as the reference platform for investors looking for high returns and reliability on the DeFi market. It introduces an aggregation protocol and a system designed to offer passive income, key factors in its impressive pre-sale performance. Analysts predict further increases, which could reach the $0.1 mark in 2025.
The Lunex network will redefine the DeFi market
The Lunex network is getting a lot of hype as bourse DeFi revolutionary. The project establishes a new gold standard for cryptocurrency trading by launching a non-custodial exchange connecting isolated blockchain networks. Since high demand for Lunex Network has already pushed its price to $0.0033, its price is also poised to record further gains by targeting the $0.0038 region.
This increase was attributed to project features including cross-chain interoperability and increased investment from whales. By integrating smart contracts into its ecosystem, Lunex Network offers traders the ability to store, exchange and barter over 50,000 cryptoassets across 40 chains with the click of a button.
In addition to its unique trading features, Lunex Network is also very generous in terms of rewards. Through an ingenious revenue sharing model, it offers staking rewards with annual interest rates of up to 18%. Adding LNEX tokens to your staking pools will allow you to start receiving rewards in as little as 30 days.
The price of Toncoin will reconquer the level of 7 dollars
While theToncoin ecosystem suffered from profit-taking by investors, which caused fall the TON price below the $5.9 mark, the bulls took over the market, causing a rebound that reclaimed the $6.0 region. The technical structure of the channel indicates that the price of Toncoin is on track to move towards the $7 mark. The recent rebound can be attributed to general market trends and the confirmation of Mr. Gensler’s departure.
Notably, the departure of Gensler strengthened the confidence of the Toncoin community in the crypto asset, which was previously clouded by regulatory scrutiny. According to data from IntoTheBlock, net flows have started buying TON parts in larger volumes on November 21. On November 23, an unknown crypto whale had acquired 262,580 TON tokens, worth approximately $1.7 million, the highest single-day influx since September 18.
In a context of sustained buying pressure From crypto whales, Toncoin’s Bollinger bands are widening, indicating increased volatility. The price of Toncoin confirmed the bullish momentum after breaking through the $6.20 level, which paved the way for further rallies towards the $7 mark, an area last seen in August. Additionally, the delta volume turning positive as the price rebounds near the $6 level indicates renewed buying that could form a local bottom and begin a new bullish phase.
Lunex network targets further gains in fourth quarter
Like Toncoin, Lunex Network will record further gains in the days to come. This led to significant momentum in its pre-sale, raising over $3.8 million in revenue. This change in dynamics is due to Lunex Network’s impressive DeFi protocols, which are suitable for most investors.
You can find more information about Lunex Network (LNEX) here:
Site web : https://lunexnetwork.com
Social sites : https://linktr.ee/lunexnetwork
