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The last quarter of 2024 holds a lot of promise for crypto investors. Given the over 70% surge of the crypto market cap in 2024 so far, investors are forecasting more rallies in the coming weeks. According to popular analyst Sensei, this is the last dip before a market rally.
In view of this, the top coins that a significant number of investors are currently adding to their portfolios include Lunex Network, Ethereum, and Tron. As the only presale token in the list, Lunex Network’s next-generation DeFi exchange is projected to trigger more DeFi adoption. Find out why these tokens are on investors’ radars below.
Lunex Network (LNEX) Eyes Third Presale Stage Amid Growing Sellout
The Lunex Network (LNEX) DeFi project is turning out to be one of the first and fastest-growing community-backed DeFi protocols on the blockchain. Lunex Network harbors strong utility such as facilitating cross-chain transactions, allowing traders to swap assets anonymously, and more.
As a result of these strong use cases, the $LNEX native token presale has been surging in growth. For context, the $LNEX first-stage presale was sold out within 72 hours, with over 65% of the allocated tokens for stage 2 already sold. Given the massive rush for the token, now is the best time to buy LNEX at $0.0013. Analyst project 100x in the short term.
Meanwhile, The Lunex Network also stands out with an ecosystem that consists of a mobile exchange that enables over 50,000 spot trading exchanges across multiple blockchains. The project also supports multicurrency staking, which allows users to stake cryptos such as Bitcoin. Notably, users can stake their cryptos for 30 days or more and earn up to 18% in APY rewards.
Going forward, users can also use cryptos as collateral to obtain short-term loans in fiat or cryptos. The non-custodial wallet allows users to sell, buy and swap assets seamlessly. Unlike other applications, the Lunex Network portfolio tracker allows investors to track multiple assets. Overall, With Lunex Networks’ innovative ecosystem, analysts anticipate massive growth soon.
Crypto Analyst Ali Predicts a Possible $6,000 Rally for Ethereum
Drawing insight from the price movements of Ethereum (ETH) over the last two years, a crypto analyst called Ali_charts on X is backing the coin to go on a rally toward the $6,000 threshold. Ali’s analysis is conditioned on the possibility that Ethereum’s price maintains support above the $2,300 mark.
In a new analysis, Ali stated that Ethereum is trading inside a symmetrical triangle. The analyst believes a sustained close outside of the $2300 – $2600 range will determine the direction of the ETH price trend. Meanwhile, Ethereum’s attempt to break through the $2500 mark in the past 24 hours was unsuccessful leading to the altcoin struggling at the $2400 mark.
Going forward, Ethereum’s price has dropped by a slight 5% in the past week as per CoinMarketCap. With key market indicators such as the moving averages down, Ethereum bulls will need to keep the price at $2400 to stand a chance of retesting the $2600 mark. However, with the increasing dumping by whales, the dip is the best time to buy Ethereum crypto.
The Steady Rise of TronMakes it a Good Investment Candidate
Stats show that the Tron (TRX) token has had a fairly impressive rallying trajectory over the past two years. For context, Justin Sun, the Tron founder on X, pointed out that Tron’s revenue has increased by nearly 1,000% since September 2022 to over $220 million.
In the same way, the Tron crypto token has seen over 78% growth in the YTD price metrics as per CoinMarketCap. Meanwhile, Tron’s price has surpassed its 3-year price resistance level of $0.14 which it reached in May 2021. Now, the Tron token is valued above $0.15 and is gunning for its all-time high of $0.30.
The technical analysis shows that Tron is trading above the 50-day and 200-day EMA with a bullish market sentiment. If the coin is able to break the $0.20 mark, it could mount a challenge at its ATH. With the token’s steady growth in value, now may be the right time to invest in it for significant future gains.
Best Token to Invest in Q4
Ethereum and Tron have all shown statistical backing on why they could be good investment alternatives. However, Lunex Network is on an entirely different level, given its early-stage entry advantage and the innovative DeFi ecosystem. As such, it would be logical to prioritize the $LNEX token ahead of Tron and Ethereum.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
