Fantom went on a bullish rally as soon as the Sonic testnet went live, but Arbitrum is still stuck in bearish territory. Savvy traders prefer explosive presales like Lunex Network (LNEX) that are already showing 100x potential.
Fantom (FTM) Rally to Continue Until Sonic (S) Mainnet Release
Fantom’s price rallied by 68.04% over the last 30 days after Fantom announced its upcoming migration to Sonic (S). Since the Sonic testnet went live in early September, Fantom has experienced bullish momentum. The founders announced they would allocate 200 million Fantom tokens to support the token’s migration to the Sonic blockchain.
As the buying pressure cools down, Fantom’s volume has decreased by 28.14% in the last 24 hours. Despite this decline, Fantom’s price is still up by 1.64% at the current trading price of $0.7019. Since Fantom’s technical analysis still presents a bullish outlook, Fantom could continue its bullish rally until the Sonic mainnet is released sometime in December.
Arbitrum (ARB) Expected to Decline in Q4
Arbitrum’s price rallied by 28.69% in the last 30 days as Layer 2 networks experienced a spike in network activity. Despite holding its ground as the 40th largest crypto by market cap, Arbitrum is currently behind 90 of the top 100 cryptos in terms of growth.
Since 89% of Arbitrum holders are currently in loss, the 1.78% uptick in Arbitrum’s volume is hinting at the beginning of a massive sell-off.
Arbitrum is currently trading for $0.6696 after a huge intra-day increase of 8.16%. However, analysts are still bearish on Arbitrum since the token hasn’t announced any significant upgrades that would spark investor interest. If Arbitrum investors start switching to newer DeFi gems, Arbitrum’s price could plunge to the $0.4073 support in Q4.
Lunex Network’s (LNEX) Explosive Presale Goes Viral
Lunex Network (LNEX) is a new overnight sensation in the DeFi space as the token’s presale phase 1 has already raised more than $222,000 in record time. While this explosive growth is impressive, Lunex Network was already making headlines long before its launch, all thanks to its unique cross-chain compatibility.
As more investors jump ship to Lunex Network’s viral presale, analysts are already projecting the token’s price to surge by 1800% before its official release.
While traditional decentralized exchanges are still limited to one blockchain, Lunex Network is revolutionizing the industry by allowing traders to swap cryptos across multiple blockchains.
This cross-chain interoperability is the reason why Lunex Network is already poised for a massive 100x rally on launch day. The diverse ecosystem attracts retail investors, institutional investors, and even Web3 developers.
Retail investors can benefit from Lunex Network’s revenue-sharing model. The model offers staking rewards with up to 18% APY in as little as 30 days. Meanwhile, institutional investors are also showing interest in Lunex Network due to the platform’s unique merchant payment gateway.
That gateway allows businesses to accept cryptocurrencies as a form of payment, expanding their clientele to a whole new network of crypto traders. Even Web3 developers can lease Lunex Network’s massive selection of 65+ RPC nodes that enable quick and simple dApp development.
Despite these impressive features, Lunex Network’s viral presale has started with an initial price of only $0.0012 per token. The first presale stage is already 62% sold out in record time. Analysts are expecting a price surge before the end of next week.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork