Multinational British bank, Standard Chartered, recently made a claim about Bitcoin’s price reaching a new all-time high (ATH) before the US presidential elections. This sparked more optimism for Bitcoin’s bull market as the $820 billion-dollar bank holds immense influence in the financial market.
Subsequently, these top altcoins, Avalanche (AVAX), Tron (TRX), and fast-rising presale star, Lunex Network (LNEX) have been positioned for a possibly huge rally, alongside Bitcoin’s imminent surge. Lunex Network is particularly primed for even greater profits, being an upcoming advanced DeFi protocol with excellent presale performance.
Lunex Network — A Forward-Thinking DeFi Protocol With Extensive Features
Due to its burgeoning presale success, Lunex Network (LNEX) is already being tagged as a top crypto presale with deep potential to join in on the next altcoin rally. This new presale altcoin functions as a DeFi protocol designed to facilitate instant trading and swapping of over 50K crypto assets across multiple blockchains, anonymously and at the lowest costs.
The interesting part is that you don’t have to use third party apps like MetaMask or provide any personal information as Lunex Network adopts a non-custodial approach. Furthering its DeFi expansion, this new DeFi network houses a mobile exchange, crypto wallet, merchant payment gateway, and a portfolio tracker. It also supports staking, offering up to 18% APY for $LNEX holders.
These vast features signal a deep potential for exponential gains which is why it’s presale has brought in over $1M in revenue through its fourth presale stage. With a revenue-sharing model, where token holders receive a portion of the project’s revenues and features like instant swaps, cashback rewards, and competitive transaction fees, investors are increasingly buying the LNEX token at a current price of $0.0017.
Avalanche Price Faces Long Consolidation After Hitting The $20 Range
Avalanche (AVAX), being one of the top performing assets in the DeFi market for years now, is primed to still gain as much attention in the future due to its vast ecosystem. However, in Q4, the native AVAX token is hitting lower levels, which could be a signal for a price resurgence.
Settling around a weekly price range of $28.89 and $27.86, Avalanche token is reflecting slightly over 2% decline in the past week. Most of this decline, however, happened when AVAX token lost its grip at the $28.59 resistance level.
Although Avalanche price has now fallen to lower levels around $20 from its highest price at $60 this year, its bullish sentiment on CoinMarketCap surpasses 86% based on 8.4K votes. Meanwhile, analysts are also positive of Avalanche’s imminent rise from its current low as analytic indicators on TradingView, including its moving averages signals a strong buy.
Tron Token Portrays Overall Bullish Momentum Despite Current Price Lag
On a year-to-date timeframe, Tron (TRX) token price seems highly bullish as it has risen by over 75% while maintaining a 6 month-long upward surge. Although the native TRX token has faced major setbacks and declines, its price always makes a rebounding trend to higher levels.
However, TRX token is currently experiencing a price lag, consolidating in a weekly price range of $0.1572 and $0.1633. This price lag comes after an impressive spike from levels around $0.12. Meanwhile, Tron price has also moved up by over 3% in the past month, showcasing its resilience despite its retracting momentum.
Which Could Reach $1 First: Lunex Network or Tron?
Both Lunex Network and Tron are altcoins with impressive performance on different scales. However, Lunex Network is slightly handicapped considering it is still only accessible as a presale altcoin. Should it launch before Tron reaches $1, this new DeFi altcoin would most likely reach the price mark before it.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
