Uniswap was launched in 2020 but its community treasury was stuck in a 4-year lock until this September. However, even after Uniswap’s massive token unlock, UNI’s price has remained relatively flat.
As Uniswap’s popularity fades, a new DeFi gem which has gained a viral foothold is stealing all the hype. Lunex Network has positioned itself with an advantageous advantage over its competitors implementing instant swaps for cryptos operating on different blockchains, community backing and an ingenious revenue-sharing model. Lunex Network is projected to overtake the decentralized and centralized exchange market by 2025 with early investors poised to see a 1800% return upon launch!
Uniswap (UNI) to Lose Top Position Soon
According to crypto analytics firm Phoenix, Uniswap was the top decentralized exchange last week with a whopping $7.09b weekly volume. While this news was expected to trigger a surge in Uniswap’s price, Uniswap investors seemed uninterested. At the time of writing, Uniswap is trading at $6.55 with an intra-week decline of 2.58%.
Although Uniswap’s Awesome Oscillator is hinting at a potential trend reversal, analysts believe a bullish rally is unlikely unless Uniswap breaches the $7 level. If investors start switching to new, better-performing exchanges, Uniswap’s price could plunge to the $4 support in upcoming weeks.
Lunex Network ($LNEX) to Outshine UNI in 2025
Although Uniswap is currently dominating the decentralized exchange market, Lunex Network’s new DeFi protocol is expected to disrupt it forever. This revolutionary exchange allows traders to exchange cryptocurrencies and enables token swaps across cryptos that operate on different blockchains. With these remarkable features, Lunex Network is expected to surge over 1,800% during its ICO, with analysts already projecting Lunex Network to become a market leader by the end of 2024.
Instead of providing sensitive information or connecting third-party wallets like MetaMask and Trust Wallet, Lunex Network simplifies the trading process with its completely anonymous and decentralized exchange mechanism. Users can simply input the two cryptos they wish to exchange, enter a wallet address, and receive the new crypto within seconds.
Since Lunex Network is committed to user experience, the platform offers the lowest possible exchange costs in the market and gives traders access to exclusive features such as the Lunex Network DeFi wallet, portfolio tracker, and even Lunex Network Pro, which is especially designed for experienced investors.
Aside from dominating the DEX and CEX markets, Lunex Network’s native $LNEX token also provides long-term sustainability through staking rewards. Since Lunex Network distributes a percentage of its profits to investors, long-term holders of LNEX can receive huge rewards with up to 18% APY.
Lunex Network has just kicked off its presale with an initial selling price of $0.0012 per token, making today a great opportunity to take a bet on the future of decentralized exchanges. Since half of Lunex Network’s token supply is allocated to the presale, analysts are already projecting a massive 18x surge ahead of the official release.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork