2 weeks Ago
Mining Bitcoin is now an industry on its own. Bitcoin miners are no longer solo miners, they’re now massive companies worth millions of dollars. Recently, the collective market share of these Bitcoin miners rose close to $40 billion, which further indicates the strength of the current market’s bullish sentiments.
This article is going to explain how this development positively affects Lunex Network and Ethereum Classic, two crypto projects that are full of potential. What is Lunex Network? Lunex Network appears like a crypto exchange, but if you take a closer look, you’ll discover there are deeper layers to this project. In essence, Lunex isn’t just any type of exchange; it’s an innovative Web3 DeFi ecosystem.
It allows anyone to swap crypto assets across multiple blockchain networks. In fact, Lunex users have access to about 40 different blockchain ecosystems, resulting in as many as 50,000 trading pairs. Even the most popular decentralized exchanges don’t have this feature.
This is why Lunex Network is the latest innovation in the crypto trading sphere. In addition to that, Lunex users get the cheapest exchange rates possible, thanks to its aggregation protocol. There’s also a payment gateway for easy fiat-to-crypto on-ramping as well as institutional grade liquidity to ensure the smooth exchange of digital assets.
Away from these trading features, Lunex also offers staking rewards with stakers getting up to 18% APY. Then there’s a generous revenue sharing model that rewards users with a slice of the money it generates each week. Based on this mouthwatering package it offers, Lunex has gradually risen through the crypto ranks and its presale now on the verge of going viral.
Priced at just $0.0033, investors are rushing to get a piece of it before it sells out. What is Ethereum Classic? Ethereum Classic is the main blockchain network from which the current Ethereum ecosystem was forked.
It supports smart contracts, decentralized applications, and other functionalities similar to Ethereum, but ETC has a smaller developer community in comparison. Unlike Ethereum, ETC still uses a proof of work consensus mechanism, which makes it attractive to crypto miners. It just isn’t as profitable as BTC and other top crypto projects.
Nevertheless, ETC still ranks in the top 30 on Coinmarketcap- thanks to its recent explosive rally. How LNEX and ETC benefit from the success of Bitcoin miners The rising stocks of Bitcoin miners show that the current bull market is far from over. There’s a sustained upward momentum, which highly favors ETC and LNEX.
This effectively makes both tokens an exciting investment opportunity for aspiring investors. Ethereum Classic is worth around $30, and it has appreciated by as much as 60% over the last month. This performance would likely continue with ETC netting investors with decent profits - as long as they can afford it.
Lunex Network is a more interesting investment opportunity, given its attractive entry price of $0.0033. It is on course for an astonishing 1800% rise whilst still in presale, with a possible rally to $1 on the cards as well.
You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance.
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