Considering the stagnated phase of Bitcoin $93,956’s price below its recently achieved ATH, other top altcoins including Ethereum (ETH) $3,244 are consolidating and hitting lower levels. Ethereum coin has particularly dropped below the crucial $3,500 as its price is currently struggling to make it to $3,300.
Meanwhile savvy investors who put diversification before anything are eyeing a low-cap DeFi gem called Lunex Network (LNEX). Speculated to have an 100x growth potential, this new DeFi network is shaking the presale market with massive investment interest.
Lunex Network Repeatedly Makes Headlines As The Next New DeFi Coin With A 100x Growth Potential
One of Lunex Network (LNEX)’s biggest influences is its presale campaign which has not only succeeded in retaining investment interest but also, signaled the growth potential it has. After rising by up to 350%, early investors have gained a substantial ROI, thereby attracting more interest and speculations of a possible 100x pump once listed on CEX and DEX platforms.
However, beyond its presale progress, the intricate DeFi infrastructure Lunex Network has in place also justifies its growth potential. Given its ability to enable cross-chain transactions across over 40 blockchain networks while granting access to over 50,000 cryptocurrency pairs, Lunex Network is poised for huge traction gain in the DeFi space. Meanwhile, other benefits include secure transactions on the platform featuring immutable smart contracts, low fees, zero slippage, and rapid execution.
Asides the profit share model its investors are bound to partake in, those who invest and stake the LNEX for as little as 30 days can earn up to 18% APY. Currently, the native LNEX token is priced at $0.0054, and has raised over $6M in presale revenue. While the presale is already approaching its final stages, now offers the best time to invest in the token before its value takes off sporadically, and potentially deliver the speculated 100x return.
Ethereum Price Faces Severe Fluctuation As It Dips Below Resistance
No doubt, the price of Ethereum (ETH) has moved to higher levels compared to the last quarter of 2024, when it was still hovering under the $3000 support threshold. But having briefly traded above the $4,000 towards the end of 2024 in a bullish rise, Ethereum coin has fallen short of its bullish momentum as its prices have since dropped to a weekly range of $3,453 and $3,300.
Meanwhile, Ethereum price has also dropped by over 10% in the past month and nearly 4% in the past week, with its value currently falling below its $3,500 resistance level. On top of that, readings from TradingView recently indicated a sell signal for Ethereum’s moving averages, which means ETH could face further decline in the near future.
Despite this bearish momentum, top analysts like kwantxbt hinted that Ethereum’s RSI reset from overbought suggests more potential for an upsurge. The analyst further predicted that Ethereum price is likely to hit $4,400 as its next target when Bitcoin resumes its ascent to higher levels this year.
Can Lunex Network Capable of Ranking Among 10 Top Altcoins in The DeFi Space?
Considering how robust Lunex Network’s exchange platform is, with its cashback reward system and deflationary utility token, amongst others, it’s safe to say the altcoin can possibly dominate the DeFi space. With more specialty in business to business crypto payment features where merchants and business owners can accept crypto as payment, Lunex Network for exponential growth.