As Central Banks continue to explore digital currencies and issue CBDCs, the cryptocurrency industry is gaining substantial adoption. Meanwhile, given the growing acceptability of crypto internationally, certain cryptocurrencies are gearing up for a major boom. Some of these altcoins include Toncoin (TON), Avalanche (AVAX), and Lunex Network (LNEX).
While crypto enthusiasts are excited about a digital finance revolution, these altcoins are recording positive price movements and bullish speculations. Meanwhile, Lunex Network still sets itself apart by presenting a variety of innovative features that makes trading, swapping, and managing of cryptocurrencies relatively easier.
Lunex Network (LNEX) Is Positioned For A Huge Success
Lunex Network is a DeFi protocol that puts the interest of its users at heart. With over 50,000 cryptocurrencies available on the site, users may manage their investments with total peace of mind. Moreover, Lunex Network portrays itself as a one-stop shop that lets users store, buy, sell, trade, and bet their coins all in one spot.
Individuals will not have to be navigating across different platforms when they want to either swap their tokens or trade their tokens. Interestingly, Lunex Network also supports multiple blockchains, so users will not have to worry about the limitations of isolated blockchains. Furthermore, all these can be done so easily using the mobile or desktop app.
Moreover, the funds of users are securely stored and each individual is given complete control over their funds while they also possess their keys. With the great potential that Lunex Network has for the future, investors are flocking to secure their spots in the ongoing LNEX presale. While each token is priced at only $0.0013 in stage 2, this price is expected to jump 10x soon.
Toncoin Price Consolidates
Getting toward the end of September, the Toncoin price began a consolidation that tarried for almost a week. After ranging between $6.13 and $5.65, the Toncoin price chart reveals that the altcoin finally broke out in the bearish direction. As the bulls failed to sustain the $5.7 support, bearish momentum pushed the price of Toncoin (TON) below the $5.5 mark.
On the other hand, the monthly Toncoin price chart indicates a more positive outlook. With a gain of roughly 4%, the value of Toncoin (TON) went from $5.15 to $5.41. Despite an initial dip at the $4.55 support zone, the bulls were able to restore momentum which sent the price of Toncoin (TON) back above the $5.3 region.
If positive momentum prevails, we might see the value of Toncoin (TON) rise again to the $6.9 resistance zone. However, failure of the bulls to push the altcoin’s price over the $6 resistance could result in a further slide, possibly below $5.
Avalanche Price Prediction
The weekly Avalanche price chart displays a positive situation for the altcoin, although last month’s price movement of Avalanche (AVAX) presents a different picture. Avalanche (AVAX) witnessed an almost 4% fall in value during the previous month, sliding from $27.5 to $26.3.
On the other side, this monthly Avalanche price chart, which shows an above 20% price gain, signals a bullish price movement. After dropping to the $20.8 level, Avalanche (AVAX) maintained a slow ascent recording new highs and higher lows until the altcoin’s price reached the $30.7 mark.
However, Avalanche (AVAX) couldn’t stay at that price for long before bearish pressure came in, some analysts expect that the positive structure of Avalanche (AVAX) might continue. A recent Avalanche price prediction even says that the altcoin might reach up to $123 in 2025.
Lunex Network Gains The Attention Of Toncoin And Avalanche Holders
As Toncoin (TON) and Avalanche (AVAX) both display some level of uncertain price movements over the past weeks, the innovative Lunex Network that is already making waves in its presale is catching the attention of Toncoin and Avalanche holders. As these investors seek exponential gains, Lunex Network presents the potential to meet their expectations in the coming months.
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