- December 23, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Whales Fuel BONK Surge, Monero Rallies Strong! Next Big Crypto? appeared first on Coinpedia Fintech News
Out of ashes, a Phoenix shall rise. That’s probably the befitting quote that highlights Monero and BONK’s recent surge. BONK price is gaining traction again – a major listing and surging whale activities have pushed it to a new ATH. Monero, often under regulatory fire, has also shown signs of life with a 5.8% rally despite recent adversities.
It’s even better for the new DeFi powerhouse, Lunex Network. Its ongoing presale surged powerfully by 300% after $5.4 million has been raised, thanks to its redefining DeFi revolution. Are these the next big crypto?
Lunex Network leads DeFi At The Forefront In Presale. The Next Big Crypto?
In a landscape where established crypto are making waves, the DeFi all-rounder and the next big crypto crown is taken away by Lunex Network.
This hybrid exchange is not just entering the market—it’s rewriting the rules of trading by addressing the flaws that have long plagued both centralized and decentralized platforms. This alone supersedes BONK’s speculative fad and Monero’s regulatory battles. Lunex Network bridges the divide between CEXs and DEXs with a revolutionary hybrid model, delivering the best of both worlds.
The tech is one of a kind, too. It offers unbeatable security from its Enclave-backed noncustodial asset management solution, institutional-grade liquidity, an enterprise-grade e-commerce solution for businesses, and up-to-date trading tools for traders. Nothing comes close, and it’s easy to see why analysts think it’s the next big crypto.
Whale’s Big Buys And Major Listing Fuel BONK Surge
BONK’s price has been surging on the tailwind of meme coins’ resurgence. Whale activity and a listing that put BONK’s price in the Asian market spotlight have propelled this Solana star to a new ATH. In a bold move, a high-profile whale poured $3.4 million USDC into acquiring a staggering 65.4 billion BONK tokens.
The hefty snap-up that showcases investors’ confidence has boosted sentiment for the BONK price. Beyond this, BONK’s recent securing of a listing on South Korea’s Upbit exchange has also heightened trading activity. Open interest is up in the sky, too. BONK’s OI went from under $10 million to $60 million, and the sharp rise improved market participation.
Monero Shows Signs Of Strength Despite Adversities.
Dominance in adversity—that’s rare, but Monero is pulling that off. Its privacy-focused solution, which has been getting on regulatory and exchanges’ nerves, has defied bearish pressure. Despite regulatory hurdles and exchange delistings, Monero’s price blew up 5% to $160, marking an astonishing 15% rebound from its monthly lows.
Privacy coins like Monero have long been targets of regulatory scrutiny. Kraken recently delisted the coin in compliance with MiCA. Yet, Monero’s advocates remain resilient. Technically, Monero shows promising signs of recovery.
Conclusion
As BONK price and Monero rally amid market optimism, Lunex Network is emerging as the true game-changer in the crypto world. Lunex Network is rewriting the DeFi playbook with its hybrid exchange model that bridges the best features of both CEXs and DEXs. This is paying off already! $5.4 million was raised in liquidity, and analysts are saying its 300% growth is just the beginning.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
