It is not very often that we see a new entrant in the crypto world that is gaining much momentum like Lunex Network (LNEX). The new project has produced one of the best ICO performances in the past month, attracting the attention of Tron (TRX) and Toncoin (TON) investors.
They have joined the presale and have helped to buy out stages one and two. Currently, Lunex Network has pulled in over $950k from investors based on predictions that LNEX is gearing up for a massive 18x surge.
Tron (TRX) Network Expands, TRX Price ForecastÂ
Tron (TRX) started out as an open-source blockchain that seeks to decentralize the web space. Its aim is to connect producers of content and consumers of that content. Currently, the Tron network has expanded in the past months to host stablecoins like Tether.
Tron (TRX) is also a go-to platform for memecoin projects. CoinMarketCap data shows that this massive growth has pushed the Tron coin into the top 10 cryptocurrencies by market cap. On the monthly chart, its market cap has been ranging betweenÂ
Presently, the token is trading above the 50-SMA ($0.153289), a sign that bulls are more than bears. However, TRX has been consolidating within a narrow range.
Analysts forecast the value of Tron (TRX) will rise in the coming months if it breaks out of the range. On the flip side, Coincodex forecasts that the Tron price could drop to $0.133945 soon.
Toncoin (TON) Regains Momentum, Aiming for $7
Toncoin (TON), the native coin of The Open Network (TON), a blockchain platform for performing high-speed and secure operations, has been steadily growing in adoption recently. The TON network has benefited from its connection.Â
The platform recently celebrated a milestone of 100 million addresses thanks to the influx of users from Telegram-based mini apps like Hamster Kombat and Catizen.
Presently, the Toncoin price is trading below the 50-SMA and 200-SMA ($5.46). Still, experts are bullish about the value of the Toncoin token. They say the value of the cryptocurrency could soar to $7 in the coming weeks. Â
If Toncoin (TON) crosses this mark, it could soar to its current all-time high of $8.24. However, this will depend on the sentiment in the general market.
Lunex Network (LNEX), The New Entrant That Is Capturing Investors’ Attention
Despite being a relatively new player in the DeFi market, Lunex Network (LNEX) is already surpassing traditional exchange giants such as PancakeSwap and Uniswap with its innovative exchange. The key feature that makes Lunex stand out is the mobile-first approach. This feature allows the trader to exchange over 50,000 coins across several blockchains using only a single button.Â
Lunex Network is designed to become the leading platform for swapping in the crypto industry and offer traders an easily accessible, fast, and inexpensive marketplace. Besides trading, Lunex is an ecosystem that enables large scale firms to make use of cryptocurrencies through a merchant payment gateway.
The center of this ecosystem is the native token, LNEX, used for everything from making payments to staking, paying merchants, and leasing nodes. Given the features above, Lunex Network is set to become a top project in the DeFi sector.
It is currently in the third phase of its presale and has already raised about $950k in funding. The LNEX coin is priced at $0.0015 and has been tagged a top DeFi cryptocurrency to buy for those who want gains in the long term. Analysts forecast its price will increase by 1800% during the presale phase. So, join the project now.
Final Words
As Lunex Network keeps on attracting the attention of intelligent investors, there is no doubt that this particular coin has potential. Tron (TRX) and Toncoin (TON) investors have caught the fever and are now accumulating more LNEX coins.Â
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
