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Cryptocurrency News Articles

Lunex Network (LNEX) Presale Moons Amid Bullish Market Sentiment, Can Litecoin (LTC) and Stellar (XLM) Break into the Top 20 Crypto List?

Nov 25, 2024 at 02:32 am

DeFi is being tipped for a major comeback in 2025. That makes investing in undervalued gems with significant potential to capture the incoming liquidity explosion in the sector the big-brained play.

Lunex Network (LNEX) Presale Moons Amid Bullish Market Sentiment, Can Litecoin (LTC) and Stellar (XLM) Break into the Top 20 Crypto List?

Stellar (XLM) and Litecoin (LTC) used to be in the top 20 cryptos by market cap, but they've since fallen out. However, DeFi protocol Lunex Network (LNEX) is gaining attention in the bull market due to its cross-chain capabilities, making it a potential candidate for the top 20 list.

In 2007, Stellar and Litecoin were among the top 20 cryptocurrencies by market capitalization, but that was seven years ago, during a bull market that saw Stellar and Litecoin reach their all-time highs.

Fast forward to today, and Stellar and Litecoin have fallen out of the top 20 crypto list, remaining but mere shadows of their former selves. But while Stellar and Litecoin’s glory days might be behind them, other, newer projects are emerging, promising to capture the attention of the masses.

One such project is Lunex Network, a multichain decentralized finance (DeFi) protocol that aims to solve the interoperability problem, making it easier for users to interact with multiple blockchains.

With the Lunex Wallet, users can swap and trade over 50,000 tokens on 40 blockchains, eliminating the need to connect their wallets to bridges and wrap their tokens manually. Through Lunex Network, users can also stake their tokens, swap them, and interact with Web3 protocols.

Due to its ability to streamline the Web3 and DeFi user experience, Lunex Network could play a role in onboarding new users, which could lead to a parabolic pump for its native token, LNEX, in 2025. Given its low cap status, Lunex can outpace big caps in the top 20 crypto tokens by market cap, making it an interesting play for big game hunters.

Litecoin price might not break into the top 20 crypto by market cap

Litecoin has been struggling since Bitcoin topped out at its all-time high in 2021. Before Bitcoin's first "moon," Litecoin prices generally followed the same chart as Bitcoin. However, Litecoin prices have since diverged, leading to a sensational crash.

That makes a retest of Litecoin's 2021 all-time high of $410 seem unlikely. Still, Litecoin’s utility for online payments has kept it within striking distance of the top 20 crypto list, even as it remains 79% down from its all-time high.

Stellar picks up the pace in November

Another blast from the past trying to make a comeback in 2024 is Stellar. Once dismissed as a relic of a bygone era, Stellar surprised many by enabling smart contracts on its blockchain earlier this year, which seems to have resonated with the investing public.

In the past 30 days, Stellar has clocked a blistering 150% gain, outpacing even Bitcoin in terms of monthly growth. Between Stellar and Litecoin, the former has more going for it to break into the top 20 crypto list.

However, if we're talking about potential gains, Lunex Network has the higher upside to go on a parabolic run compared to Stellar and Litecoin—making it the best choice for investors looking to make a profit with a small-cap blue chip.

You can learn more about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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News source:techbullion.com

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Other articles published on Nov 25, 2024