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BCH Eyes $700 by Year-End, As LNEX Presale Revenue Hits Over $4.2M While 80% of LTC Holders Are In the Green

08.12.2024 13:30 5 min. read Alexander Zdravkov
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BCH Eyes $700 by Year-End, As LNEX Presale Revenue Hits Over $4.2M While 80% of LTC Holders Are In the Green

In the past month, Bitcoin Cash has added more than 74% to its value to trade in the $620 region.

This significant surge is set to continue as BCH’s trading volume and market cap have also recorded impressive rallies of over 30% and 7%, respectively. Bitcoin’s recent rally seems to have fueled this momentum, surpassing the $100,000 price target.


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Litecoin has also demonstrated significant strength within the crypto market, with a weekly surge of over 44% as its market cap expands by over $1B. This impressive gain has positioned over 80% of its holders in profit. Lunex Network (LNEX) also mirrors such a trajectory as investors anticipate another price rally that could offer early investors more than 216% ROI.

Lunex Network Passive Income Opportunity Continues To Attract Investors

The Lunex Network presale offers early entry opportunities for investors seeking to maximize their passive income. By staking the LNEX tokens during its ongoing presale, investors can secure up to 18% APY with a minimum staking period of 30 days. This staking option will allow users to grow their holdings with extra LNEX tokens, offering them a solid start in building a long-term position while preserving their initial staked APY.

Once the Lunex Network presale is completed and the LNEX token is launched on the open market, holders can dive into the revenue-sharing model and continue to generate a passive income. This unique setup will take a portion of Lunex’s revenue, earned through subscriptions and trading fees, and use it to buy back LNEX tokens from the open market. The repurchased tokens will then be automatically redistributed to those who had staked their tokens, leading to consistent rewards.

This, backed by other features, has made Lunex Network stand out. This is evident through its expanding community and successful presale. The LNEX price is already at $0.0038, representing a 216% surge from its starting price of $0.0012. Its presale revenue has also surpassed $4.6 million, with just a day remaining before another price rally.

Bitcoin Cash Price Analysis: Will BCH Reach $700 Before the Year Ends?

Bitcoin Cash reached a peak of $1,650 in May 2021. Since then, the price of BCH has been consolidating without a precise trend formation. However, December saw the token rally by more than 20% in just a week, as on-chain indicators suggest more gains following Bitcoin’s impressive rally, which hit over $100K. Technical indicators, including the Relative Strength Index at 79, have also supported this significant surge.

Bitcoin Cash active addresses have also increased, meaning that BCH traders have sustained demand for the token, supporting a bullish momentum for the crypto. The ratio of daily on-chain transaction volume in profits to loss has also increased, another key metric that suggests a bullish momentum for Bitcoin Cash’s price movement.

Bitcoin Cash futures open interest chart indicates a steady increase in the metrics, together with BCH price gains since November. The BCH open interest has already hit over $450M, representing a 21% rally. This bullish outlook places Bitcoin Cash in a better position for more gains as it targets the $700 level before the end of the year.

LTC Price Targets Aims for the $150 Mark

Most Litecoin holders are currently in profit following the token’s impressive surge. Litecoin’s rally has been boosted by the growing optimism around the potential approval of a Litecoin exchange-traded fund, with investors viewing this as a crucial step toward mainstream adoption.

Hovering around the $137 and $139 price mark, Litecoin’s price movement is set to capitalize on both its technical indicators and fundamental factors. A breakout above its crucial resistance level of $130 has set a bullish tone, with increased institutional interest and market confidence adding more credibility to its growth potential. The RSI at 80, however, suggests that the Litecoin price is in an overbought region and might face selling pressure as investors look to capitalize on gained profits.

Despite this technical structure, Litecoin’s market remains decidedly positive. The LTC price trades above the Ichimoku Cloud, a comprehensive technical indicator combining different factors to assess trend strength and potential support or resistance levels. Litecoin’s price performance could continue upward, aiming for the next crucial price level at $150.

Lunex Network Goes Viral with News of New Price Rally

Like Bitcoin Cash and Litecoin, Lunex Network has also received significant investor activity over the past months, and each is looking to capitalize on the ever-growing Lunex project. This has been evident through its fast-growing presale momentum as the revenue target hit over $4.8 million. LNEX price has also surged to $0.0038 and is set to record a new price in just a few days, making it the right option for investors looking to cash in big before its official launch.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

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