Dogecoin and Avalanche have been in the news for their expert price predictions as the market prepares for the US presidential results. Many are hyped about the possibility of a new altcoin season spearheaded by the two projects. However, their recent downward price swings cast doubt on their chances of being the next altcoin to 1000x.
Lunex Network is having a shout as the next crypto to surge to massive heights and return early gains. That’s because of the success of the cross-chain transfer protocol’s presale, which has raised almost $1.7 million. But why is Lunex predicted to outperform DOGE and AVAX in the next bull run? Let’s find out.
Dogecoin maintains support at $0.159: can it keep up the momentum?
Being the largest meme coin, we’ve seen DOGE reach unprecedented heights in the past. For instance, a 130% gain in the past year is commendable. Experts also tip the Dogecoin price to reach higher levels as Q4 continues to shape up.
However, the recent Dogecoin price questions the possibility of it surging by 100x over the coming months. For instance, the coin moved up by less than 1% in the last 24 hours.
Avalanche price dips after recent struggles
Avalanche is not new to investors and developers building projects with smart contracts. The utility token (AVAX) has been predicted to see a rise of around 12% in the next few weeks. However, the current market conditions show that AVAX is unlikely to reach the lofty heights predicted.
That’s because the coin has been experiencing market struggles, resulting in losses over the past month. The 30-day price shows a 2% decline, while the AVAX price has also been down by almost 5% in the past week. If Avalanche’s struggles continue, it’s very unlikely that it will rank, like Lunex, among the best-performing coins of Q4.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Lunex Network shines with its cross-chain feature
Despite the struggles of coins like DOGE and AVAX in the broader crypto market, Lunex is doing things differently and attracting whales in large numbers. As with other investors, the appeal of Lunex stems from its cross-chain transfer protocol, which allows users to transfer assets from one blockchain to another cheaply.
Additionally, Lunex has a unique reward system that incentivizes users with cashback offers on each transaction done on the platform. LNEX holders can also earn passive income by staking their assets for periodic rewards.
To cap it all, Lunex has a revenue-sharing mechanism that allows its token holders to earn a chunk of the platform’s weekly income as additional rewards. That means investors have different channels to earn passive income while using the Lunex Network.
These assets can be safely stored and managed using the Lunex non-custodial wallet. With access to thousands of cryptocurrencies across 40+ blockchains, the wallet is ideal for investors who want total control of their funds.
With these exciting features, it’s easy to see why the Lunex Network has raised almost $1.7 million in its presale and is still causing FOMO among investors.
Conclusion
Lunex has positioned itself as the hottest DeFi token on the block, causing a major shift in investor sentiment. Interestingly, the project is still in its presale stage, giving early investors a rare chance to lock in at a discounted price of $0.0019 per token.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
