The last quarter of the year is already in motion and crypto investors are still keen on finding the most promising cryptocurrencies to add to their portfolio. Ranking top on this list are Toncoin (TON), Tron (TRX) and fast-rising presale star, Lunex Network (LNEX).
Notably, Toncoin has just launched Memelandia, a decentralized hub aimed at fueling its meme coin ecosystem. Similarly, Tron has continued its bullish trend following a noticeable decline back in August. Meanwhile, experts are tipping Lunex Network for exponential growth largely because of its unique approach to the DeFi protocol. Let’s find out why.
Lunex Network Attracts Institutional Interests With Redefined DeFi Protocol
Operating on the Ethereum Network, Lunex Network (LNEX) connects isolated blockchains in order to establish a non-custodial crypto exchange. Essentially, users can trade over 50K crypto assets across multiple on-chain networks without the need for a custodian wallet. The best part of this, however, is that users can transact anonymously considering the absence of KYC requirement on the DeFi protocol.
Meanwhile, users who seek enhanced DeFi experience can subscribe to its Lunex Pro, and enjoy extra subscription-based privileges. For instance, Lunex Pro subscribers get cashback on every transaction, can access premium staking, and can perform AML checks to safeguard their funds. Interestingly, the network features a buy/back and burn mechanism which reduces the token supply over time, increasing its demand and value.
Additionally, Lunex Network offers competitively low transaction fees, while offering digital asset management services for crypto, bonds, stocks and even ETFs. Added to these benefits is its institutional B2B merchant payment gateway that enables businesses to incorporate crypto payment. Given its robust model, experts have predicted up to 18,000% growth by launch and up to 50,000% post-launch from an initial presale price of $0.0015.
Tron Price Maintains Bullish Momentum, Attempts to Break Past the $0.16 Resistance Level
The Tron (TRX) network has witnessed a noticeable 14% decline in its daily trade volume recently. However, the price trajectory of the native TRX token has remained generally bullish, with over 83% price increase in the past year.
Meanwhile, TRX price ascension was interrupted back in August, falling below the $0.12 price level from $0.13. Regardless, it has managed to defile resistance to reach its current weekly price range of $0.15, and $0.16.
This noticeable price increase, coupled with on-chain analytic metrics like Tron token’s 20, 30,100 and 200-days directional moving averages points at a potential buy, implying a possibility for an imminent price outbreak above the $0.16 levels to create new year-to-date high.
Experts Have Mixed Reactions About TON Price Trajectory Despite New Update
The Open Network (TON) has just launched a new meme coin focus decentralized hub dubbed Memelandia. Here, participants can explore several key platforms that foster collaboration and competition among meme coin enthusiasts.
While the latest effort is channeled towards fueling its meme coin ecosystem, its ripple effect is expected to drive token adoption as well as boost the price of the native TON coin. In view of this, experts are anticipating a bullish Q4 for TON price with the possibility of a zone retest above its ATH of $8.24.
Meanwhile, there is a contrasting view on this claim based on on-chain analytics on TradingView, with TON coin’s directional index pointing at a potential sell. While this may be true for short term price trajectory, a neutral Relative Strength Index (14) leaves room for a potential bullish Q4.
Can Lunex Network Outperform Toncoin and Tron in Q4?
Unlike Tron with high tendency for a bullish Q4, TON coin’s projection for a bullish Q4 is clouded with a bearish outlook based on on-chain metrics. Regardless, experts strongly believe the newly added decentralized hub will make a difference to TON price in the long run.
Meanwhile, Lunex Network exhibits more bullish potential than these top altcoins considering its innovative approach to DeFi as well as a surging institutional interest even while it is still in the presale phase.You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
