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Home»DeFi»Crypto Whales Liquidate Tron and Bitcoin Cash Holdings to Accumulate New Tokens After 50x Projection
DeFi

Crypto Whales Liquidate Tron and Bitcoin Cash Holdings to Accumulate New Tokens After 50x Projection

November 5, 2024No Comments5 Mins Read
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Following the recent surge in the crypto market, investors are turning to cryptos with high potential. Recent on-chain market tracking data Feeling shows that Bitcoin whales’ wallets have increased in recent weeks, a bull market signal. With the bull cycle expected to kick off in the coming weeks, crypto whales have resumed accumulating tokens from the Lunex network.

Driven by a next-generation DeFi crypto exchange, there are strong indications that Lunex network will challenge established exchanges like Binance and Uniswap in the coming months. As Bitcoin Cash continued to battle the bears, Tron came out of the corrective phase, and TRX price is expected to rise soon.

Lunex Network – the next-gen DeFi exchange seeing massive whale accumulation

Lunex network is a next-generation DeFi exchange developed to connect blockchains and enable the seamless buying, selling and trading of digital assets. What makes it unique is that all transactions are anonymous, as no KYC is involved. Additionally, there is no need to link crypto wallets like Meta Mask or Trust Wallet.

In the Lunex Network ecosystem, users can spot trade over 50,000 trading pairs across multiple blockchains at the lowest cost. Another notable tool is the DeFi crypto wallet, which allows users to buy, sell, and trade cryptos from a single account. With the unique portfolio tracker, traders can track multiple assets such as cryptos, stocks, bonds, etc.

The native token, LNEX, has great utility in the ecosystem. In addition to being used as a payment currency, token holders will be able to unlock transaction fee discounts and access premium features. Holders will also participate in the profit sharing model, which allows the team to repurchase LNEX tokens on the open market and redistribute them to holders who stake them.

Investors can stake their tokens for just 30 days and earn a high APY reward. Thanks to these massive utilities, crypto whales continued to purchase the LNEX token. At the ongoing stage of its ICO, LNEX is currently selling for $0.0019. With early investors already making profits, there is growing optimism that the LNEX price will rise by up to 20x in presale and 50x upon registration.

Bitcoin Cash Price Analysis – Will BCH Hit the $500 Mark in Q4?

Developed in 2017 as a hard fork of Bitcoin to deal with slow transaction speeds and high fees on the Bitcoin network, Bitcoin Cash has become one of the most popular cryptocurrencies. According to CoinMarketCap the statistics, the Bitcoin Spot Price has increased 39% in price measurement since the start of the year, reaching the $695 mark in April.

Although the crypto has fallen since then, optimism is growing for a reversal in the fourth quarter. THE Bitcoin Cash trading volumewhich was hovering around $139 million in early September, increased to $331 million on expectations of bullish accumulation in the fourth quarter. According to Jean-Yves Guillouco-founder of the Vancelian app, the price of Bitcoin Cash could soon test the $425 mark.

Jean believes that a break above this level could push the BCH price to $580. However, a decline could push the price towards the $310 support zone. Meanwhile, Bitcoin Cash is trading above the 50-day SMA with a bull market sentiment. Once the Bitcoin Cash token is able to topple the $380 resistance zone, it could reach analysts’ target of $425 or even $500 in the fourth quarter.

Tron Price Set to See Massive Rallies After Justin Sun’s Latest Prediction

In an article on social media platform Justin Sunthe founder of Tron, believes that Tron Coins are poised for massive growth triggered by the continued development and growing community of Tron Network.

Meanwhile, Tron is the latest platform to join the coin frenzy with the launch of SunPump, a platform designed to create meme tokens on the web. Blockchain Tron. Justin believes that if the TRX token surpasses its previous high, a wave of FOMO could be triggered, which could lead to massive investments in Tron meme coins.

CoinMarketCap the data shows that The price of Tron rose 8% over the past month, establishing support above $0.16. Tron’s trading volume has also seen a massive increase with over $500 million in daily trading activity. With the increase Tron Token Burn Rate and bullish market sentiment, there is high expectation that TRX will cross the $1 mark soon.

Why smart whales are buying the dip

As expectations of an upcoming market rally continue to grow, smart whales are taking advantage of the decline to accumulate high-potential cryptos. Lunex Network, Bitcoin Cash and Tron are among the tokens expected to increase in value in the coming weeks. Although in pre-sale, the LNEX token has continued to attract attention due to its fantastic ecosystem.

Discover the exciting opportunities of the Lunex Network (LNEX) Presale today!

Website: Lunex network

Social networks: Join our growing community





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