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Solana’s price jotted to $171 recently after a 14% increase in the past month. Avalanche (AVAX), on the other hand, continued its struggle below $30 with a meager 2% monthly jump. However, Lunex (LNEX), a new crypto in DeFi, printed a gigantic 41% surge, drawing the attention of SOL and AVAX whales.
Analysts predict astronomical profits in the 1000x region for LNEX owing to its passive income benefits for investors and innovative solutions to streamline DeFi trading.
Lunex (LNEX) new crypto could surge 1000x
Investors are going crazy for Lunex’s new revenue sharing mechanism. This decentralized, non custodial crypto exchange offers a unified Web3 DeFi swapping dApp where traders and investors can buy, sell, and stake over 50,000 cryptocurrency pairs.
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The platform’s multichain bridge interconnects over 40+ blockchains, closing the communication gap between different blockchain networks. That enables seamless cross chain transfer of assets, eliminating slow transaction speeds, high costs, security risks, and lack of accessibility that crypto traders face in DeFi.
A portion of the revenue collected on the Lunex exchange is allocated for token buybacks from the open market. These are redistributed to token holders through the platform staking platform. Investors receive up to 18% APY in passive income just by holding their LNEX!
With the DeFi sector billed to grow into a $500 billion empire by 2028, the Lunex DeFi trading protocol looks set to capture a big share of this market, making LNEX a multibillion DeFi token that could return 1,000x to early investors.
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Solana’s price smashes the $160 mark
SOL’s last three attempts to overcome psychological barriers in the $160 region were met with fierce selloffs, putting Solana’s price into an accumulation phase in the $120-$160 region.
However, SOL smashed the $160 barrier in its recent upswing, shooting straight to $171. Solana whales are now keeping an eye out to see if SOL will manage to hold gains above $160 and flip this resistance level into support.
When established crypto assets like SOL start to smash long-term barriers like this, savvy investors wager their bets on new crypto tokens like LNEX for astronomical yields.
Avalanche (AVAX) struggles with daily resistance
The $28-$30 zone is now the formidable psychological barrier thwarting AVAX’s upward momentum. After dropping to $17 in August, AVAX’s attempts to breach this barrier have faced selloffs.
At $28, AVAX appears strong, and if bulls step in at this critical juncture, the altcoin might get the liquidity it needs to break above. That said, investors fear that AVAX might collapse in the event of market volatility, given its dismal price action in 2024.
For better yields, smart money whales are rebalancing their portfolios to include new crypto assets promising better EOY returns.
Lunex presale surpasses $1.1 million
At $0.0017, the LNEX token price is already up over 41% from the entry price. So far, whales have gobbled over 877 LNEX tokens, pushing the new crypto presale past the $1.2 million mark.
Analysts predict a 1,800% price increase in presale, followed by a potential 1,000x crypto rally on launch. With such bold predictions, it appears like LNEX is the next big thing in DeFi that will mint crypto millionaires going into 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
