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The top crypto news this week makes for bleak reading. Binance Coin, Solana, Ethereum, and Bitcoin are all down. This was supposed to be a bull market, yet the top cryptos uniformly delivered red candles. The only green candle was from a new crypto presale token, Lunex Network which has given holders instant returns! While the top crypto news looks abysmal, the presale sector looks rosy!
Lunex Network (LNEX): New crypto presale bucks top crypto news trend
While the top crypto news this week highlights losses across major tokens, Lunex Network is defying the odds. This new crypto presale token is generating buzz for all the right reasons. Unlike the established players struggling in a downturn, Lunex is gaining momentum, offering a fresh opportunity for early investors.
Lunex Network is a hybrid crypto exchange. Zero trading fees and a decentralized approach to trading stand out as a solid investment option, even in a bearish market. With tokens available at just $0.0013, Lunex Network proves that not all crypto news is bleak, and new crypto presales are where the action is.
Binance Coin (BNB): Best of a bad lot
Coming in at the best of the worst performers, Binance Coin lost only about 1% in the last week. The type of loss Solana wishes it had. Binance did relatively well because it is an exchange token, and exchanges tend to be profitable even in market downturns. The short and medium forecast for Binance Coin looks good, but Binance Coin is not expected to give dizzying returns. Still, you could do worse than Binance Coin. You could be in Ethereum.
Ethereum (ETH): ATH a distant memory
A mere six months ago, Ethereum was flirting with $4k, and eager experts predicted a 5K all-time high. The top crypto news screamed headlines that Ethereum was shooting the moon. But Ethereum failed to launch. Ethereum has lost almost 8% in the last week and nearly 40% since March. In a bull market, Ethereum got mauled by bears. Still, it could be worse. It could be Solana.
Solana (SOL): the ETH killer that died
At a 10% loss this week, Solana is the biggest loser among the top cryptos. Solana has been slated as the Ethereum killer, but the only thing it has killed are its own dreams. But to be fair, even at Solana’s low price of around $145, Solana is still up 8x from where it was a year ago. Asking Solana to go higher may be implausible. Still, it could be worse. It could be XRP.
Bitcoin (BTC): The saving grace?
Big daddy Bitcoin is responsible for all this market mayhem. Where Bitcoin goes, the others tend to follow – only faster. Bitcoin lost 2% over the last week, and if all goes well, the bottom has been reached, and now Bitcoin – and all the rest– will be going up. Here’s the silver lining: We’ve probably seen the last of the low-price bears, and from here on end, everything should be gravy for Bitcoin and the top altcoins.
Conclusion
The top crypto news is that despite a horrible market, things are looking up. The bottom has been reached, and from now on, prices will rise. But if you are still cynical, you can hedge your bets by investing in the new crypto presale from Lunex, where tokens are now available at $0.0013.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork