Rising crypto projects are often met with a myriad of issues like tough competition and a hostile market that often stifle their growth and eventually send them into the crypto abyss. However, Lunex Network, a brand new exchange token, begs to differ.
Instead, it is attracting more users and investors, so much so that it is expected to outperform established projects like Ripple and Polygon over the next months. Read on to find out why LNEX is the preferred choice of serious crypto investors.
What is Lunex Network?
Lunex Network is a rapidly expanding hybrid crypto exchange that caters to DeFi traders who want to get ahead of others. This is a rapidly accelerating demography of crypto enthusiasts, and Lunex Network is designed to provide them with the best trading environment.
A notable mention is the Lunex aggregator protocol, which scours other DEXs to offer traders the cheapest rates possible. The payment gateway also allows for seamless fiat-crypto conversions, and its non-custodial mode of operation ensures that users’ funds are always secure.
These features are extremely attractive, and they put LNEX on a pathway to success. However, they’re just a fraction of the benefits DeFi traders get when they use Lunex. Projects like this are rare, which is why investors see LNEX as a rising crypto with humongous potential.
Fresh XRP news compounds Ripple troubles
Everyone knows about the issues Ripple has had with the US government. The Security Exchange Commission (SEC) believes that XRP is a security and that it violates several laws and regulations. Ripple believes otherwise and even secured a favorable ruling last August but fresh XRP news indicates the worst is far from over.
As expected, the SEC has appealed the last ruling, a move that doesn’t bode well for the project. To combat the resulting negativity, Ripple has been active in the crypto space, but this move hasn’t boosted XRP price by any measure. Even if XRP rallies, a crushing drop is just a moment away.
SEC brands Polygon a security
Apart from XRP, the SEC has also shone its regulatory spotlight on Polygon, terming it a security as well. Industry watchers believe this is a carefully planned crackdown on the crypto market, as this wasn’t the first time the SEC alluded to Polygon as a security.
In a previous suit against Binance, the SEC hinted at the possibility of Polygon being classed as a security, and it seems to be doubling down on those claims. Naturally, this development harms Polygon’s long-term future, as well as POL’s prospects. Any astute POL investors would be looking to diversify their portfolio now.
The rising crypto token no one should miss out on
The SEC’s regulatory oversight is only going to get worse over the next few months and unfortunately, Ripple and Polygon are caught in the spotlight. This development would definitely impact XRP and POL’s performance during this period.
LNEX, meanwhile, is expected to soar, which is why its presale is roaring on. It has attracted a horde of investors, raising close to $1 million even though it only just launched. Early LNEX investors are in for gains in excess of 1800% before the presale ends and 100x once it launches. But that will only happen for those who decide to join the bandwagon early enough.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
