After a prolonged uptrend, the Tron price has entered a correction phase. Luckily, there is a new kid in the bloc currently on an upswing. Analysts have identified the Lunex Network (LNEX) as the best crypto under $1, and Gen-Z betters are placing huge bets on it.
Learn why this non-custodial, DeFi swapping exchange is drawing investor attention with its cross-chain interoperability bridge and passive income for token holders.
Tron price delivered huge returns in two bullish cycles
The TRX’s market cap more than doubled in the past two years to $13.5 billion, flipping Cardano to become the 10th largest crypto asset as of press time. Investors also witnessed huge returns as the Tron price soared.
For instance, Tron’s price posted a gigantic increase in 2021 when it jumped from $0.0068 in 2020 to an ATH of $0.18, pulling a more than 26x return. In the recent bull run, TRX rocketed nearly 300% from its 2022 lows to $0.17 in August, blessing holders with a nearly 4x yield.
However, Tron‘s price has been correcting recently, falling to find support in the $0.14-$0.15 zone. According to Changelly data, TRX could enter a prolonged correction phase, falling as far as $0.08 before registering another meaningful rally.
That’s to be expected as investors take profit to bet on other best cryptos under $1 that haven’t had a chance to moon yet.
Lunex Network (LNEX): the best crypto under $1 that could beat TRON
Lunex Network (LNEX) is a Web3 multichain bridge network disrupting the DeFi sector with seamless cross-chain transactions. While TRX is an established market veteran, Lunex Network (LNEX) is still a low-cap presale gem with massive potential in the DeFi sector.
Less than a week after its launch, the Lunex Network presale had attracted over $474k in investment. Whales have gobbled up close to 400 million presale tokens in stage 2, pushing the token price up nearly 10%.
The Lunex decentralized features are the key factors drawing investors into this innovative Web3 swapping dApp providing an interconnected DeFi ecosystem of more than 40 blockchains.
That provides users with deep liquidity for effortless trading and transfer of assets and data across different blockchains. Lunex users can swap over 50,000 multichain currency pairs in a faster, secure, and more cost-effective manner.
The LNEX token holders can vote on key project decisions, earn cashback rewards and discounts on transaction fees, and access liquidity mining and node leasing privileges.
But the real deal is on the Lunex revenue sharing offer. A share of the Lunex exchange profit is allocated to token repurchases from the open market. These are redistributed to LNEX holders participating in staking, providing passive income to the tune of 18%.
Still going for a $0.0013 bargain price, analysts believe LNEX is the best crypto under $1 that will shoot the moon with a staggering 1,800% price increase as investors acquire the token at a faste pace.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
