When it comes to crypto returns this year, Ethereum and Dogecoin are among the worst-performing tokens. Dogecoin has returned a minor 67% yearly ROI, with Ethereum faring even worse at 42% despite the launch of Ethereum ETFs in July.
Luckily, a new investment window has opened for frustrated DOGE and ETH holders with the Lunex (LNEX) network. This decentralized Web3 crypto exchange is poised to become the star of the show in the bustling DeFi sector, delivering unbeatable crypto returns to early adopters.
Dogecoin’s price could extend its moribund streak
Dogecoin’s price has been on a bearish run since March. The extended drawdown brought DOGE down from its $0.22 cycle high in March to $0.08 in August.
Whales have been accumulating DOGE through September, hoping for a meaningful crypto rally. Sadly, the bears appeared at the $0.132 barrier, pushing DOGE back to the $0.1 region.
Unless fresh buying power enters the market, Dogecoin’s price threatens to collapse below $0.1 and could continue its death spiral toward 2022 lows.
Ethereum sits on negative crypto returns monthly
Ethereum has been underperforming for months. Since the debut of the ETH ETFs in July, Ethereum price hasn’t sniffed closer to $3k.
After tumbling to $2.1k in August, ETH has been trading below $2.7k, and any attempts to break past this barrier have been met with fierce selloffs.
As of press time, ETH was sitting on a negative 2.7% monthly return, reducing its yearly returns to 42%. Investors are worried that ETH could close October in the red if it doesn’t rise and hold above $2.7k.
Lunex Network could top 2024 crypto returns with a 1800% growth
Lunex (LNEX) is a new DEX network revolutionizing the DeFi sector with a cutting-edge multi chain bridge that integrates with 40+ blockchain networks.
As such, this DeFi swapping dApp creates a faster and more affordable Web3 ecosystem where users can easily and quickly move assets across different networks. Enabling cross chain interoperability in DeFi has made Lunex a top choice among crypto users who struggle with high fees and slow transaction speed during cross-chain transfers.
What’s more, the Lunex Network multichain aggregation protocol offers institutional grade liquidity, enabling users to swap more than 50,000 multichain cryptocurrencies without slippage. Furthermore, users can participate in yield farming, staking, lending, borrowing, and other DeFi activities.
Unlike centralized exchanges, you don’t have to complete KYC verification or provide personal details to use the platform. Lunex Network gives you full control of your assets, and no custody is involved.
Lunex’s revenue sharing deal and staking program add even more appeal to the LNEX token. A slice of the DEX revenue goes into buying LNEX tokens from the free market. These are redistributed to token holders to the tune of 18% APY, making LNEX tokens an income-generating asset.
The Lunex Network presale has already raked in over $570k as Ethereum and DOGE investors rush in to score this low-cap gem at $0.0013 in stage 2. Analysts expect a 1800% growth in the ICO stage!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
