BNB and Monero face bearish pressure as investors shift to Lunex Network’s presale, raising nearly $550,000 in under a week.

BNB and Monero are both facing strong bearish pressure after their recent price declines. As BNB and XMR investors book profits. They are now turning towards Lunex Network’s viral presale that has already raised nearly $550,000 in less than a week of its launch. 

BNB short holders might book profits soon

Although BNB failed to trigger a bullish breakout at the end of September, the token still recorded modest 8.67% gains over the last 30 days. As the broader crypto market heads into Q4’s bull market, BNB is expected to see more bullish momentum in the upcoming weeks. 

For now, BNB price is trading for $551.90 after an intra-day increase of 2.72%. Since BNB’s volume has decreased by 11.86% in the last 24 hours, investors appear to be holding their BNB tokens for now. However, according to Coinglass data, BNB’s long-to-short ratio is currently 0.97 which indicates bearish pressure. If BNB short holders start booking profits, BNB’s price could experience a significant downtrend in October. 

Monero faces bearish pressure after Kraken’s delisting

Monero was recently delisted from the Kraken exchange in European countries due to new security regulations. As a consequence, Monero’s price immediately declined by more than 10%, pushing the token’s price below $150. Since Monero’s on-chain metrics are also hinting at bearish dominance, Monero’s price could experience more disruption in the upcoming weeks. 

Monero is currently trading for $145.48 after a 10.88% intra-week decrease. Although Monero’s community sentiment is still bullish, analysts expect to see a sell-off soon as Monero is flashing strong sell signals on the XMR/USDT daily chart. If profit-taking ensues, Monero could fall to the critical $143.28 support soon. 

Lunex Network’s no-KYC DeFi exchange draws new investors in presale stage 2

Lunex Network is the source of all the bullish hype in the market due to its new cross-chain DeFi exchange. With no KYC checks, Ethereum-backed security, and cross-chain trading, Lunex Network is all set to overthrow existing decentralized exchanges and kickstart a new era of cross-chain interoperability. 

While traditional DEXs require traders to connect third-party wallets like MetaMask and TrustWallet to swap cryptos across different blockchains, Lunex Network is solving the problem with its revolutionary DeFi exchange. On Lunex Network, traders can swap 50,000+ crypto pairs across blockchains with the click of a button. To make things even better, traders can exchange cryptos without providing any sensitive information since Lunex Network has a unique no-KYC policy. 

Since Lunex Network’s ecosystem is powered by the platform’s native LNEX token instead of third-party cryptos, Lunex Network also offers attractive staking rewards to long-term holders. By reinvesting a portion of its profits into open market buybacks of LNEX, Lunex Network distributes rewards with up to 18% APY to current holders. Since these investors can also add more tokens to their staking portfolios without losing their initial APYs, Lunex Network already has a significant number of long holders who are driving the token’s price to new heights. 

Lunex Network’s viral presale has already raised nearly $550,000 in record time, but analysts believe the token’s bullish upswing is just getting started. For now, LNEX tokens are selling for a low price of only $0.0013 each before the much-anticipated price surge next week. By the end of its presale stages, Lunex Network is expected to deliver a massive 1800% ROI to early investors before another 100x rally post-launch.

For more information, visit the Lunex Network official website or join the online community for the latest updates.

XRP and Solana face price declines, but optimism remains for Q4. Meanwhile, Rollblock’s new GambleFi protocol could surge 100x at launch.

XRP and Solana are experiencing significant declines in their prices today, but investors are still optimistic about potential trend reversals in Q4. Despite this strong community sentiment, the biggest gainer this week is still Rollblock’s new GambleFi protocol which is poised for a massive 100x rally on launch day. 

XRP faces a legal battle once again with SEC appeal

XRP was showing signs of bullish traction during September which made analysts optimistic about XRP’s Q4 gains. According to Bitwise, XRP is also planning to launch its own ETFs soon as XRP recently filed an application with the state of Delaware. However, all these bullish predictions have suddenly ended in vain as the US Securities and Exchange Commission (SEC) filed an appeal on the court’s recent ruling that favored XRP developers Ripple.

Following this massive news, XRP is currently trading for $0.5218 with a significant 10.55% intra-day decrease. Since XRP’s volume is also rapidly increasing, investors appear to be booking profits before the token faces more legal troubles in the upcoming weeks. Even the XRP/USDT daily chart has turned completely bearish as the token is expected to plunge to the $0.4305 support trendline soon. 

Solana investors show confidence despite recent rejection

Solana suffered a massive 9% decline in just two days after it failed to breach the critical $160 resistance again. Since Solana has tested this level three times already, analysts expected Solana investors to start losing interest soon. However, despite the decline, Solana’s community sentiment remains bullish due to innovative developments in Solana’s ecosystem.

Solana is currently trading for $135.58 after a significant intra-day decrease of 7.62%. For now, the only glimmer of hope left for Solana is the massive 46% surge in Solana’s dApp volume over the last seven days. If Solana manages to regain investor interest soon, Solana’s price could soar past the $160 resistance and test the $180 level before the end of 2024. 

Rollblock to outshine XRP and SOL in Q4’s bull market

Rollblock might be a new altcoin in the trending DeFi market, but it is already poised for a massive 800% rally by the end of its presale. Rollblock’s unique strategy to combine features of centralized and decentralized gambling is attracting a huge wave of investors as the iGambling platform has already raised more than $4 million in record time. If this bullish hype continues in Q4, Rollblock is expected to outshine both XRP and SOL during Q4’s much-anticipated altseason. 

The main reason why investors are rushing to get their hands on Rollblock’s native RBLK is the deflationary tokenomics. Since Rollblock is a community-backed token, it features an attractive revenue-sharing model that is designed to give back to Rollblock’s long-term holders. Every week, Rollblock uses a significant portion of its profits to purchase RBLK on the open market and uses these tokens to distribute staking rewards with up to 30% APYs to current holders. 

Since this buyback mechanism increases the demand for Rollblock on DEXs, RBLK’s price is expected to remain on a strictly deflationary price trend. To make things even better, Rollblock’s supply is capped at 1 billion tokens which will trigger more scarcity-driven rallies as the token gains traction in the DeFi space. 

Aside from its native utility token, Rollblock is also experiencing bullish growth due to its huge selection of 7,000+ AI-powered casino games. Since Rollblock encrypts every financial transaction and trade on the immutable Ethereum blockchain, users can enjoy a completely secure and anonymous online gambling experience. 

After recording a massive 200% rally during presale already, Rollblock has now entered stage 7 of its presale with a selling price of only $0.03 per token. With analysts already projecting another surge in Rollblock’s price within this week, investors are rushing to get their hands on this viral presale offer before tokens run out. 

For more information, visit the Rollblock presale website or join the online community.

Crypto whales are eyeing altcoins with huge gain potential. Discover five digital currencies experts believe could skyrocket soon.

Big-time crypto investors, often called whales, have their eyes on certain altcoins that promise massive gains. Curious about which digital currencies might skyrocket next? This article dives deep into five altcoins that experts believe could multiply in value, offering a glimpse into potential high-reward opportunities in the crypto world.

CYBRO presale soars past $3M: A one-in-a-million neobank investment opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This unique NeoBank offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

In addition to tokens, CYBRO introduces special points, offering even more opportunities for investors. Holders of these points will automatically participate in the CYBRO airdrop, where the more points someone holds, the more tokens they will receive. CYBRO distributes up to 1 million points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

Solana: Exploring the potential of high-capacity blockchain technology

Solana (SOL) is making waves in the blockchain world with its focus on scalability. The platform is designed to support decentralized applications, competing with others like Ethereum and Cardano. Solana stands out by offering faster transactions without using sharding or second-layer fixes. It uses its own coin, SOL, which is key to its ecosystem, enabling transactions and rewarding participants. Developers and investors are drawn to Solana’s vision of handling high activity and versatile projects. This approach provides a foundation for running multiple programming languages and supporting custom programs. Solana’s system is built to attract both developers and users looking for a high-capacity blockchain platform.

Toncoin: Exploring potential in decentralized networks and payments

Toncoin (TON) is the native cryptocurrency of The Open Network, an open-sourced blockchain. Though initially started by Telegram, development now continues with the TON Foundation. It uses a proof-of-stake model, making the network scalable and reliable. TON aims to deliver quick, secure, and low-cost payment services while building an ecosystem that includes decentralized storage and services. With positive price trends observed in crypto markets, attention is on Toncoin’s future moves. It draws interest due to its technical setup and comprehensive features in the realm of decentralized applications and services. Investors and enthusiasts watch closely as it holds potential in the evolving digital currency landscape.

BNB: A key player in decentralized finance with growing use cases

BNB is the native coin of Binance. It started as an ERC-20 token and now works on Binance’s chains. BNB can be used for paying fees, creating tokens, and moving assets. The coin supports smart contracts and offers rewards for staking. It also provides fee discounts on platforms like Binance.com and is accepted by other services. BNB’s supply decreases over time due to planned burns. These burns could increase its value. As part of a large ecosystem, BNB has various uses and roles. This makes it an interesting choice for those looking at decentralized finance options.

MANTRA: A blockchain bridging real-world and web3 for institutions

MANTRA is a blockchain designed to meet real-world regulatory needs. It uses secure and scalable technology, handling up to 10,000 transactions per second. It’s built with the Cosmos SDK and supports interoperability with other blockchain systems. The network uses a secure proof-of-stake model and offers tools for building and managing compliant assets. MANTRA aims to make blockchain accessible for institutions and developers, allowing them to create permissioned applications on its open platform. With these features, MANTRA is positioned as a potential player in the evolving space between traditional finance and decentralized technology. This mix could appeal to those looking to bridge real-world assets with blockchain innovation.

Conclusion

SOL, TON, BNB, and OM show less potential in the short term. In contrast, CYBRO offers exceptional opportunities for investors. This advanced DeFi platform utilizes AI for yield aggregation on the Blast blockchain. It provides high staking rewards, exclusive airdrops, and cashback on purchases. CYBRO ensures a top-notch user experience with easy deposits and withdrawals. With its focus on transparency, compliance, and quality, CYBRO has attracted significant interest from crypto whales and influencers. This makes CYBRO a standout project poised for success amidst the ongoing bull run.

For more information, visit the official CYBRO website or join the community on X, Telegram, and Discord.