Lunex Network (LNEX) Experiences Huge Influx of New Investors Ahead of Bull Run

Traders are rushing to Lunex Network's explosive ICO before the Q4 bull run, and it's all for good reason.

Crypto markets have been experiencing a downturn in Q3 as traders prepare for the highly anticipated bull run in Q4. Some tokens like Toncoin (TON) and Avalanche (AVAX) have been facing selling pressure, while others like Lunex Network (LNEX) have been experiencing a surge in demand from early crypto adopters.

In this analysis, we will take a closer look at the recent price movements of Toncoin, Avalanche, and Lunex Network. We will also discuss the factors contributing to their price performance and analyze what the future holds for these three tokens.

Toncoin (TON) Price Analysis

Toncoin's price has been rapidly declining over the past month as it faced increasing selling pressure from short-term holders. However, Toncoin's price is now showing early signs of recovery after it dropped below the critical support at $4.44.

Despite this positive movement, many investors are still cautious about Toncoin's future gains in Q4. This is because Toncoin's Sharpe ratio has finally entered the green zone, indicating that it is now a low-risk investment opportunity.

Toncoin is currently trading at $5.21 after an intra-day decrease of 2.06%. Toncoin's volume has increased by 20.80% over the last 24 hours, which typically indicates rising network activity.

If Toncoin can break past the $5.52 resistance, it could experience a rally towards $7.27 in upcoming weeks. However, failure to break this level could push Toncoin's price down to $4.44.

Avalanche (AVAX) Price Analysis

After following a downward trend for the last 175 days, Avalanche's price is now showing some early signs of recovery.

The Avalanche ecosystem has made some major announcements recently, including a game called Off The Grid and the Retro9000 grant. These announcements have contributed to the positive price action for AVAX.

However, Avalanche's price still hasn't broken above the critical 200-day Simple Moving Average at $30.20. Despite this, Avalanche's volume has increased by 22.39% over the last 24 hours, suggesting a rise in network activity.

Avalanche investors are looking forward to the Avalanche Latin America summit in mid-October.

Lunex Network (LNEX) Price Analysis

As the Q4 bull run approaches, traders are flocking to Lunex Network's explosive ICO, and for good reason.

Unlike other tokens that target a particular crypto market, Lunex Network is aiming for the entire decentralized and centralized exchange industry with its new multi-chain exchange platform.

By offering complete security and transparency alongside cross-chain trading, Lunex Network is poised to dominate the entire $275 trillion DEXs and CEXs market by 2025.

Moreover, Lunex Network is committed to simplifying the trading experience by featuring an easy-to-use DeFi exchange on its platform.

To trade on Lunex Network's exchange, all transactions are executed via the platform's smart contracts, making this new DeFi exchange more secure than its competitors.

By using smart contracts, Lunex Network also fetches liquidity from multiple sources and splits the trade on different blockchain networks to deliver the lowest possible transaction cost on every trade.

To top it off, Lunex Network has an advanced portfolio tracker that enables traders to store and track their crypto tokens, stocks, bonds, and ETFs on a single platform.

This will help Lunex Network users stay ahead of the game in responding to rapid market fluctuations.

Even with these impressive features, Lunex Network is still offering LNEX tokens for a low price of only $0.0017 in stage 4 of its presale.

Considering that stage 1, 2 & 3 were sold out in record time, analysts are already projecting up to 1800% gains for LNEX by the end of its presale.