Avalanche’s new crypto card is triggering increased buying pressure while TRON’s impressive Q3 gains are expected to extend into Q4. Meanwhile, Lunex Network is recording more gains than both AVAX and TRX with its explosive presale that has already raised $1.2 million in record time.
Avalanche (AVAX) Increases Real World Utility with New Crypto Card
Avalanche has recently announced a new Visa card that will allow traders to use digital tokens in the real world. Since Avalanche has been working on improving its utility for a long time now, analysts believe Avalanche’s collaboration with Visa will trigger significant rallies in upcoming weeks. Avalanche is currently trading for $27.73 after a minor 0.24% intra-day surge.Â
Avalanche’s volume has also increased by 3.88% over the last 24 hours as more traders accumulate Avalanche tokens. If Avalanche’s demand continues to rise in the next few days, Avalanche’s price could rise to the $32.22 resistance before the end of October.
TRON’s (TRX) Uptrend to Continue in Q4
TRON surpassed both Bitcoin and Ethereum in Q3 after generating $577 million in revenue. Since TRON’s community sentiment is still 70% optimistic, analysts are expecting bigger gains for TRON in upcoming weeks. TRON is currently trading for $0.16 after an intra-day increase of 1.46%.Â
TRON’s volume has increased by 1.96% over the last 24 hours which typically suggests a rise in investor interest. TRON’s RSI is still in neutral territory which means TRON’s price could experience more upticks before encountering a correction. Since TRON is trading above all of its Simple Moving Averages on the TRX/USDT daily chart, TRON’s price is expected to test the $0.17 resistance within the next few days.Â
Lunex Network’s (LNEX) Early Investors to Enjoy 1800% Returns Soon
Lunex Network has already raised a staggering $1.2 million during its viral presale due to skyrocketing demand. This explosive trend is fueled by Lunex Network’s unique cross-chain trading features that allow traders to swap any two tokens across different blockchain networks at low costs and lightning-fast speeds. If Lunex Network’s ongoing uptrend continues in Q4, analysts are projecting up to 1800% gains for the LNEX utility token by the end of its presale.Â
The reason why Lunex Network is expected to outshine existing DEXs and CEXs is the platform’s extremely low transaction fees. While traditional exchanges still struggle to offer cross-chain interoperability or charge incredibly high transaction fees for it. Lunex integrates the latest smart contracts technology to offer the lowest possible cost on every trade. By sourcing liquidity from different networks and splitting every trade, Lunex Network allows traders to make quick token swaps at the lowest costs in the market.Â
To make things even better, Lunex Network also has a revenue-share mechanism which gives traders a consistent source of passive income in as little as 30 days. Every week, Lunex reinvests a portion of its revenue to buyback LNEX tokens on the open market. These tokens are then distributed to current holders as rewards with up to 18% APY. Since the buyback mechanism also increases the open market demand for LNEX, Lunex Network’s price is expected to stay on a highly deflationary trend over time.Â
Considering these features, it is no surprise that Lunex Network’s presale stages have been selling out in record time ever since its launch. Lunex Network has just started presale stage 4 with a selling price of only $0.0017 per token but analysts are already hinting at a massive price surge by the end of this week.Â
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
