In one of the most shocking news, Neiro, an Ethereum-based memecoin has risen by 4,869% within a month. This quick increase has drawn interest from investors in the market. Analysts believe the new DeFi coin known as Lunex Network (LNEX) is the next coin that will shoot to fame.
Compared to Binance Coin (BNB) and Toncoin (TON), Lunex Network is not only a low-priced presale token but is also building a trading platform with a revenue-sharing model that makes it stand out, giving it enough chance for growth. Analysts forecast its price could rally to $0.10 in the coming months.
Binance Coin (BNB) Price Target $700
Consolidating between $500 and $590, Binance Coin (BNB) has shown resilience in October. Many expected the issues with regulators and low fees on the BNB Chain to dampen investors’ interest.
However, that did not happen. Binance Coin BNB bulls are currently active in the market, causing profits on the weekly, biweekly, and monthly charts. Binance Coin price is now aiming for the $600 mark.
To reach this level, Binance Coin (BNB) must surpass the resistance at the $590 region. Looking ahead, the sentiment around this cryptocurrency is bullish.
According to data seen on CoinMarketCap, the Fear & Greed Index of Binance Coin (BNB) has risen above 60, meaning buying action could increase. The Binance Coin price prediction of Coincodex suggests that the altcoin price could pump to $705.87 in the next few weeks.
Toncoin (TON) Enters Into the Greed Zone
The Open Network (TON) has gained popularity over the past few months as one of the largest layer1 blockchains in the crypto space. Using Telegram’s large audience, the TON blockchain has witnessed high demand and ecosystem development.
While the Toncoin crypto rose on this connection to reach a peak of $8.24 in June, it has suffered some setbacks in the past few months. Currently, the Toncoin price is consolidating between $5.00 and $6.25 on the monthly level.
Meanwhile, the Fear & Greed Index of Toncoin (TON) is currently at 65, which is in the greed zone. We could see increased buying pressure in the coming weeks. Analysts forecast that the value of the Toncoin (TON) token might rise to $7 soon.
Lunex Network (LNEX), Swap Coins With No KYC
Lunex Network (LNEX) is a platform where users can swap coins across +50k blockchains, including Ethereum, Solana, and Cardano, at low cost. What makes Lunex Network stand out from competitors is that KYC verification is not required. This is a major benefit to those who want a level of anonymity in the DeFi space.
In addition, Lunex Network does not ask for external wallets such as MetaMask when making transactions. Those on the platform can select the crypto they wish to exchange, enter the desired recipient’s wallet address, and then swap. In addition to the omission of KYC requirements, swapping on Lunex Network is very simple.
The platform has an easy-to-use interface with little graphics, which makes it phone-friendly. Another interesting part of the platform is the revenue-sharing model. Here, revenue generated is used to repurchase some of the tokens back into the market. While 50% is given to LNEX holders, the other 50% goes to staking bonuses.
This revenue-sharing model promotes long-term holding among investors and shields the value of the LNEX token. Currently, one LNEX costs $0.0015. Analysts say this value will rise to $0.10 before the year ends, making LNEX a good cryptocurrency to buy.
Why Analysts Say LNEX is the Next Neiro and Not Binance Coin or TON
While Neiro is having its moment in the spotlight, experts have picked Lunex Network as the next cryptocurrency to mimic such massive price growth. Thanks to its non-custodial exchange and community-driven approach, the project has raised over $800k in funding. Experts say Lunex Network is the next big thing in the DeFi market.
You can find more information about Lunex Network (LNEX) here:
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