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Cryptocurrency News Articles

Lunex Network (LNEX) Presale Raises Over $5.3 Million as Ethereum (ETH) DeFi Altcoins Poised to Dominate the Market in 2025

Dec 22, 2024 at 02:47 pm

Many altcoins are struggling to sustain their initial rally from late November to early December. Yet decentralized finance (DeFi) tokens like Chainlink (LINK) and Aave (AAVE) have been relatively thriving. The Ethereum DeFi altcoins have been tipped to dominate the market in the first quarter of 2025.

Lunex Network (LNEX) Presale Raises Over $5.3 Million as Ethereum (ETH) DeFi Altcoins Poised to Dominate the Market in 2025

Many altcoins have failed to sustain their initial rally from late November to early December. However, decentralized finance (DeFi) tokens like Chainlink (LINK) and Aave (AAVE) have been relatively thriving. The Ethereum DeFi altcoins have been tipped to dominate the market in the first quarter of 2025.

But a new DeFi token, Lunex, has been predicted to outshine LINK and AAVE with its various features. The Lunex Network has raised over $5.3 million in its presale so far.

Is Lunex the hottest DeFi token for 2025? Let’s find out.

Ethereum DeFi altcoins are set to shine in 2025

While Ethereum itself and other top altcoins like Cardano and Solana are currently struggling in the red zone, DeFi tokens like AAVE and LINK are great indicators that decentralized finance will be one of the biggest winners in 2025.

Their recent price surges and fundamentals are similar to what’s seen in the Lunex Network project, which has been attracting DeFi investors since its presale began.

As a result, the Lunex presale has raised about $5.3 million at the last count, indicating investors’ confidence in the project before it fully launches.

The attraction is in its revolutionary multi-chain network. It allows seamless trades across different blockchains, including popular networks like Ethereum, Solana, and Binance Smart Chain.

The seamless asset transfer model makes Lunex perfect for liquidity providers and DeFi traders looking to execute faster and cheaper transactions.

Also, network participants and users can enjoy the Lunex reward program, which allows them to earn cashback offers for every transaction they execute. They can also stake their Lunex tokens for up to 18% APY.

Chainlink shines in the competitive DeFi market

LINK has been a shining star in the Ethereum DeFi market in recent weeks. The Chainlink price has surged by around 60% in the last 30 days.

Although the current Chainlink price is a slight drop from the $31 mark attained on December 14, many believe LINK remains one of the strongest players in the DeFi market.

That’s because the project’s utility and long-term roadmap will be major drivers for its potential upward trajectory. Even then, LINK has a long way to go before reaching its 2021 all-time high price of $52.88.

Aave leads the charge with triple-digit gains

AAVE is one of the top-performing coins in the DeFi market. The AAVE price stands around $320, with over a 100% increase in the past month.

The triple-digit growth is partly due to the massive accumulation of AAVE by crypto whales, who have boosted the AAVE trading volume. But still, the current AAVE price is about 52% down from its 2021 all-time high of $661.69.

Conclusion

The DeFi sector will be shaking the market in 2025 and Lunex has positioned itself as one of the upcoming projects to shine with its groundbreaking multi-chain decentralized exchange.

The Lunex presale is ongoing, and its token is selling for $0.0046. With a projected massive return when it launches, now is a good time for investors to take advantage of the low price.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials:https://linktr.ee/lunexnetwork

News source:coinedition.com

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Other articles published on Dec 22, 2024