Bitcoin is ready to target the critical $70K mark this week, but Polygon’s price is still facing strong bearish pressure. Meanwhile, Lunex Network has raised nearly $1M during its explosive presale already.Â
8,000 Bitcoin (BTC) Tokens Thrown in a UK LandfillÂ
James Howells is currently in a legal battle with Newport City Council in the UK for 495 million British pounds in damages. Back in 2013 Howells accidentally discarded a hard drive with 8,000 Bitcoin tokens and has made several attempts to retrieve the drive from the local landfill since then. In 2013, the value of 8,000 Bitcoin tokens was around 1 million pounds but the same Bitcoin tokens are now worth almost half a billion pounds.Â
Bitcoin is currently trading for $65,834.81 after an intra-day surge of 5.80%. As Bitcoin chases a new all-time high at $70K, the value of Howells’ Bitcoin holdings will only skyrocket further over time. Bitcoin’s technical chart is currently flashing strong buy signals as the Bitcoin’s spot-ETFs recorded massive net inflows of $348.5 during the previous week. If this upswing continues, Bitcoin could test the nearest resistance at $69,025 in upcoming weeks.Â
Polygon (POL) Flashes Mixed Signals Amidst High Selling Pressure
Polygon was under strong selling pressure last week as the token’s price fell by 2.28%. However, Polygon is now regaining investor interest since Polygon’s price chart is forming a descending triangle pattern. Polygon is currently trading for $0.3756 after an intra-day increase of 3.70%.Â
Polygon’s volume has increased by 26.79% over the last 24 hours which could be hinting at a possible sell-off. On the daily chart, Polygon is trading below its 20-day and 30-day Simple Moving Averages which typically suggests bearish pressure. Since Polygon’s MACD is still negative, Polygon’s price could experience a steeper decline to the $0.3525 support.Â
Lunex Network (LNEX) Experiences Whale Accumulation
Lunex Network’s presale has already raised 800,000 USDT in record time, making analysts optimistic about the token’s future growth in Q4 and beyond. Since Lunex Network’s presale stages 1 and 2 sold out in record time, the platform’s native $LNEX token is now seeing a huge influx of whale accumulation.Â
One main reason why whales are showing interest in Lunex Network is the platform’s non-custodial crypto wallet. Traders can store, buy, swap, and stake crypto directly from the Lunex Network mobile or desktop app that features gold-standard security. Since Lunex Network has no KYC verifications, the platform does not collect any personal information. Traders can also maintain full control over their assets as all funds are stored on their device with 100% encryption.Â
Lunex Network also allows trading on more than 40,000 different blockchain networks, making the platform an extremely attractive investment in Q4’s bull market. If that wasn’t enough, then Lunex Network also sources liquidity from multiple sources using its smart contracts and delivers the lowest possible gas fees on every transaction.Â
To make things even better, Lunex Network also has a dynamic portfolio tracker that allows traders to store their wallets, exchange accounts, stocks, and bonds in a single app. Savvy traders can use Lunex Network’s charts and statistics to track their investments and improve their performance over time.Â
Despite these impressive features, Lunex Network tokens are currently selling for a low price of just $0.0015 in stage 3 of its presale. As Lunex Network’s demand skyrockets, analysts are projecting up to 1800% returns by the end of LNEX’s presale stages.Â
You can find more information about Lunex (LNEX) Network here:
Website: Lunex Network
Socials: Link Tree
