Litecoin's price is starting to stage a bullish resurgence after an uptick of 11% in the last 30 days, so the Charlie Lee-founded peer-to-peer crypto is attracting investors' interest. The Litecoin price, unlike most volatile coins, has remained somewhat stable around the $65 region for several months. At its current price of $70, LTC competes against the likes of NEAR protocol, whose price is struggling to recover from an 80% dip.
Lunex, the world's leading cross-chain DEX and non-custodial aggregator, has also sparked interest thanks to its innovative cashback rewards to LNEX holders. Currently priced at $0.0019, LNEX's presale has raised over $1.65 million in support of its fast, secure, and non-custodial DEX. Analysts anticipate a 100x outcome for LNEX on launch day.
Lunex is changing the Web3 landscape with its multi-chain bridge network that serves as a DEX, giving liquidity providers and DeFi traders access to more than 50,000 currency pairs. At its core, Lunex is championing the rise of non-custodial ownership and has already seen investors flock to its ongoing presale.
Most decentralized exchanges are plagued with complex protocols that are rather difficult for regular users to understand. What's more, while decentralized exchanges offer a non-custodial alternative to centralized ones, they often feature low liquidity, not to mention security risks such as scams and loss of funds. With Lunex, however, users gain access to deep liquidity thanks to Lunex's multi-chain compatibility, which provides seamless liquidity across disparate blockchains.
Every transaction on Lunex is executed through smart contracts that are transparent and immutable. Lunex also comes with a unique reward program where every transaction entitles the user to cashback rewards, and LNEX holders who stake their holdings also get a percentage of the platform's revenue. Add that to additional features, such as the Lunex portfolio tracker, and you can see why analysts are anticipating a 100x surge for LNEX on launch day.
The Litecoin price has remained steady, trading below the $80 resistance for months, but the last few weeks have injected a fresh bout of interest, giving LTC a boost with its price now at $70. Litecoin's network activity has occasionally surpassed that of Bitcoin and even Ethereum, as users flock to it thanks to its speed and affordability. If Litecoin's team continues to improve the network, the recent 11% uptick could catapult LTC past its previous all-time high of $410 back in 2021.
NEAR protocol was once touted as the PoS(proof-of-stake) blockchain destined to host the next generation of dApps. Compared to Litecoin's price, NEAR is faltering amid a 15% price dip that has put NEAR's price just under $4. Can NEAR recover from its 80% drop from its ATH?
Litecoin price could make a bullish resurgence given that LTC is known for its speedy and affordable transactions. NEAR protocol, however, is losing momentum to the likes of Lunex, whose multi-chain, non-custodial DEX and aggregator are on track to solve most of the challenges faced by decentralized exchanges. With a limited supply of LNEX tokens up for grabs, now is the best time to jump in.