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Cryptocurrency News Articles
Lunex Network (LNEX) Presale Set to Outshine Solana (SOL) and Avalanche (AVAX)
Oct 23, 2024 at 08:27 pm
Although some traders think the bull run is over, others still hope for a continuation. Analysts have discovered some fascinating coins
As the crypto market continues to fluctuate, traders and investors are keeping a close eye on the next bull run and the altcoins that might lead the charge. While Solana (SOL) and Avalanche (AVAX) are actively being traded in the market with notable price movements, a new altcoin, Lunex Network (LNEX), is also entering the spotlight.
Solana (SOL) recently surpassed Binance Coin (BNB) in terms of total value locked (TVL) in decentralized finance (DeFi), reaching a new all-time high with over $6 billion. This indicates a strong interest in DeFi activity on the Solana network.
On the other hand, Avalanche (AVAX) has seen a price increase of over 15% in the past month. However, its price has been fluctuating between $23 and $31 in recent weeks. A breakout from a declining wedge pattern on the Avalanche price chart suggests a potential bullish move.
Despite increasing by more than 15% in the past month, Avalanche (AVAX) is trading within a limited price range. This altcoin is trading above the 50-day simple moving average (SMA) but not yet rallying beyond the 200-day SMA, presenting a mixed picture for Avalanche (AVAX).
However, the altcoin is yet to enter the overbought zone and the 14-day RSI remains below 50. If the bulls can sustain Avalanche (AVAX) above the $25 support, then we could see this altcoin heading towards the $30 mark in the coming days.
However,ксперts are optimistic about the long-term prospects of Avalanche (AVAX). Among the altcoins in the market, Solana (SOL) and Avalanche (AVAX) are presenting interesting opportunities for traders and investors.
But if you are looking for a new altcoin that could yield high ROIs and also contribute to the next bull run, then Lunex Network (LNEX) might be worth considering. This new altcoin is entering the market with innovative features that aim to simplify decentralized finance and address some of the challenges faced when using traditional decentralized exchanges.
With increasing presale token sales and a starting price of just $0.0017 in stage 4 of the presale, analysts are anticipating a 1,800% price surge for the LNEX token after it is listed on exchanges. To learn more about Lunex Network (LNEX) and join the presale, visit the links below.
Website: Lunex Network
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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