Bitcoin led a mini bull run in September, surging from $52k to $66k before bears appeared. Despite the selloff, BTC holds well above the $60k support level.
If Bitcoin rotates back up from here, analysts have identified the top 3 cryptos that could lead the bull run. NOT and SHIB are earmarked for modest gains, but the new DEX protocol Lunex Network (LNEX) shows immense potential. Let’s find out why analysts tout a 1,800% rally for LNEX.
The Notcoin hype fizzles out
Notcoin (NOT) is the in-game currency of a novel telegram game on the TON network. It provides users with a low-risk entry into the crypto world by mining NOT tokens through its tap-to-earn mechanism.
Due to its simplicity and massive user base on Telegram, the game was an instant hit, registering over 35 million users at its peak. The wild enthusiasm pushed Notcoin price to $0.037 on the launch date, a 4600% increase from its $0.000779 launch price.
But it appears like the mania surrounding Notcoin is dying. At $0.0075, NOT has bled nearly 80% of its value from ATH. Trading downwards, NOT is less likely to lead the bull run if presale investors continue their profit-taking spree.
Shiba Inu bounces off a key monthly support
SHIB tumbled down to monthly support in August when it collapsed to the $0.00001078 region. Whales started building their positions at the dip, and SHIB has been rocketing through September.
Several other factors, including activity on the Shibarium L2 network, surging burn rate, and the recent announcement of the SHI stablecoin, have also been adding fuel to the SHIB rally.
Even after the Oct. 1 crypto wipeout, SHIB was still up a whopping 20% monthly.
That said, SHIB underperformed in the recent bull cycle, and investors fear that it might lag the upcoming bull run. Whales have even started locking their September gains, pushing the SHIB price downwards.
Lunex (LNEX) could lead the bull run with a 1,800% price increase
The Lunex network is a new multi-chain DeFi protocol on Ethereum, capturing the attention of crypto traders, investors, and liquidity providers with its fast, low-cost DEX platform.
Featuring an innovative cross-chain bridge and a noncustodial wallet, this DeFi swapping dApp looks to solve cross-chain interoperability with an aggregated Web3 platform and is quickly gaining momentum in the presale.
Crypto enthusiasts can seamlessly swap thousands of multichain currency pairs across 40+ blockchains on the Lunex Network decentralized exchange. That ensures incredible transaction speeds at low costs when moving assets or sharing data across blockchains.
Furthermore, the LNEX token offers an incredible 18% APY passive income deal to investors through its revenue-sharing model and staking program. Presale staking rewards will be paid from 4% of the total token supply. Once launched, a share of the revenue accrued on the Lunex DEX platform will be redistributed to token holders.
LNEX tokens are selling for $0.0013 in stage 2, and analysts predict a 1,800% price increase before the ICO rolls around.
You can find more information about Lunex Network (LNEX) here:
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