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Home » Cardano-Trump Rumors Drive Prices Higher as Fintech Investors Bolster LINK and Lunex Network » The Merkle News
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Cardano-Trump Rumors Drive Prices Higher as Fintech Investors Bolster LINK and Lunex Network » The Merkle News

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Although unconfirmed, speculation about US President Donald Trump and Cardano’s founder has caused many investors to reconsider Cardano’s (ADA) influence in the blockchain space.

This is evident in the 30% price surge that Cardano experienced immediately after the rumors spread.

At the same time, fintech investors are focusing their attention on Chainlink (LINK) and Lunex Network (LNEX). With this pivot, market participants are weighing the impact of ADA’s media rally against the long-term explosive potential of LNEX tokens. For investors, the main question is always: which crypto to buy now?

Lunex Network beat investors into the green thanks to the potential of DeFi

Unlike Cardano’s rumor-induced rally, Lunex Network (LNEX) attracts investors focused on sustainable growth and innovation. Positioned as a multi-chain DeFi ecosystem, Lunex offers efficient energy usage, cold storage options, and over 50,000 currency pairs, while supporting environmentally friendly practices. LNEX, still in the pre-sale phase, is priced at $0.0021 per token and has raised over $2.1 million, gaining momentum from investors wary of speculative assets.

Lunex Network stands out from its competitors with a revolutionary DeFi protocol that connects multiple blockchains to solve cross-chain trading problems. This innovation allows users to exchange cryptos between blockchains without sharing details or linking to third-party sites like Trust Wallets and Metamask.

Lunex presale investors can get up to 18% APY by staking LNEX tokens, a potential hedge against volatile assets in the broader crypto space. With a focus on real-world usability, LNEX aims to deliver value beyond the hype, a strategy that could pay off if environmental and regulatory standards for crypto tighten.

Cardano Price Surge: Speculation or Market Signal?

Cardano’s recent rally was fueled by rumors on social media, with ADA prices climbing to $0.59, a 50% increase from last month. Rumors suggest that Trump may announce some form of collaboration with Cardano, which would be a significant departure from traditional financial norms.

Despite the lack of credible sources, the enthusiasm translated into bullish sentiment, with ADA’s 14-day relative strength index (RSI) climbing to 72.4, signaling overbought conditions. Analysts warn that ADA could see a rapid correction without concrete confirmation if enthusiasm fades.

Chainlink: riding the waves of massive fintech gains

While Cardano holders enjoy speculative attention, fintech investors are focusing on Chainlink, a project known for its enterprise oracles that enable blockchain-based smart contracts to interact with real-world data . Chainlink has recently entered into partnerships with traditional financial institutions, cementing its role as a bridge between decentralized finance and traditional fintech.

Chainlink price forecast currently trading around $14.09, shows resilience in the market, with a 14-day RSI of 63.2, indicating sustained but not excessive buying pressure. According to Chainlink price predictions, LINK could soon test the $16 resistance level, with projections suggesting a potential gain of 15% if demand continues from fintech investors looking for reliable assets amid speculation in the crypto market.

Conclusion

As Fintech investors set their sights on Lunex Network and Chainlink, the crypto market is looking good for holders. Lunex Network, in particular, with its unique approach to DeFi, is ushering in a new era in Web 3. Fortunately, the LNEX token is available at $0.021. Interested investors are advised to join before the token reaches mainstream attention.

You can find more information about the Lunex Network (LNEX) here:

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.

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Focus Fintech Podcast | Exploring Growth and Regulation Insights from Fintech Leaders | Skadden, Arps, Slate, Meagher & Flom LLP

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