New Crypto Rookie Shaking Up the Market; Sui (SUI) & Solana (SOL) Whales Take Notice

October 21, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

It is uncommon for any rookie project to gain attention from whales in a short time, but Lunex Network (LNEX) is getting it with ease. This phase three presale star has been grabbing attention all over the crypto market. Even whales from the Sui (SUI) and Solana (SOL) ecosystems have been reported taking LNEX tokens in quantities as they expect the price to go up significantly. Since it has already given early buyers a 25% return, experts hint that LNEX could rise by another 20x soon.

Lunex Network (LNEX) To Bring the Future of Crypto Trading

Lunex Network (LNEX) is getting a lot of traction right now as an innovative platform that revolutionizes trading. Currently, there are some issues when swapping tokens from different blockchains. But this non-custodial crypto exchange will solve this issue. Lunex Network hopes to connect all isolated blockchains and launch a crypto exchange where traders can easily trade tokens from different blockchains.

Privacy and transparency are at the forefront of Lunex Network. It will eliminate all sign-up KYC checks while removing the need for traders to connect their crypto wallets. This will make every trade anonymous, something millions desire. Plus, all Lunex Network orders will be processed via smart contracts instead of the usual AMM.

These features could make Lunex Network a fan-favorite platform for millions. The LNEX native token is another big part of its ecosystem. Holding it will give you smaller trading fees, staking rewards, and more. Currently, this crypto currency costs just $0.0015 in phase three. But, a Tier-1 CEX listing will bring a 20x surge for LNEX soon. This makes it one of the crypto coins to watch.

READ MORE   Ripple and Cardano Predicted to Lag Behind While RCO Finance Secures 20,000x Growth Potential

Sui (SUI) May Enter a Price Discovery Phase

Sui (SUI) is another crypto coin that has recently grown. CoinMarketCap shows that the price of Sui jumped over 85% on the monthly chart. Currently, the Sui crypto is trading between $1.09 and $2.06. This token now sits above its 10-day EMA ($2.05) and its 50-day EMA ($1.56). Supiens says that Sui is now retesting its previous highs before entering a new price discovery phase, which could see it hit $3.

In other news, Sui (SUI) debunked the $400M insider trading claims. According to a tweet from the Sui Foundation, the wallet address belongs to an infrastructure partner. Not only that, the token releases matched the scheduled Sui lockup. When making their Sui price prediction, experts take note of these factors. Thus, they foresee a potential surge to $2.60 before October ends.

Allbridge With a Bullish Solana (SOL) Announcement, Price Pumps

Solana (SOL) has also seen some exciting developments. Recently, Allbridge announced a new USDT Pool launch on Solana. This partnership will unlock new chances for the USDT community to access the Solana ecosystem, and thanks to it, interest in the Solana crypto is rising again.

This Solana news comes at a time when the token is rallying. According to CoinMarketCap, the value of the Solana coin has jumped over 20% in the past 30 days. Solana (SOL) is currently moving between $131 and $157 on the charts. This crypto currency is now sitting above its 30-day EMA of $146 and its 50-day EMA of $145. Due to all these reasons, market analysts predict a rise to $165 before this month ends.

READ MORE   Crypto AI Altcoin RCO Finance to Rise 10 Times the Dogecoin Price and Shiba Inu Bull Run

What Is Driving Sui (SUI) & Solana (SOL) Whales to Lunex Network (LNEX)?

Sui (SUI) and Solana (SOL) whales are noticing that Lunex Network (LNEX) leads in innovation in the crypto market. It could dominate the crypto trading sector which Statista projects may be worth $45.3B by 2025. Furthermore, LNEX will have a smaller market cap than its peers, which means faster price growth with less money.

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This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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