Arbitrum (ARB) and Fetch.ai (FET) posted moderate performances in Q4 and analysts are still searching for opportunities in the altcoin sector. Among those contenders is Lunex Network, a new project attracting attention with its multichain interoperability and DeFi solutions. With over $4.4 million raised in its presale so far and a unique revenue-sharing model, Lunex Network is appealing to Fetch.ai and Arbitrum investors seeking high-growth potential assets.
Arbitrum One Hits $20 Billion TVL Milestone
Arbitrum One has hit $20 billion in total value locked (TVL) and is now a top Layer-2 blockchain. This milestone demonstrates the solid foundation of Arbitrum and the growing faith of investors in Layer-2 solutions.
The Arbitrum Foundation is continually developing its ecosystem towards AI and tech advancements. Such growths reflect Arbitrum's intent to remain at the forefront of blockchain advancements.
As of December 5, Arbitrum's ARB gained 17.46% to $1.18 and its market cap hit $4.84 billion. However, despite the rise, Arbitrum's trading volume decreased by 3.01% to $1.38 billion. Nevertheless, the TVL growth shows Arbitrum One's expanding presence in the blockchain space and its potential to rewrite decentralized finance down the road.
Fetch.ai (FET) Breaks Out with 12% Surge, Eyes $2.70 Following Earn-and-Burn Announcement
Fetch.ai (FET) has made waves following the launch of its "Earn-and-Burn" mechanism, which aims to reduce token supply by burning up to 100 million tokens in December. This move has sparked bullish momentum, pushing Fetch.ai out of weeks-long consolidation in a symmetrical triangle pattern.
Breaking above $1.68, Fetch.ai surged to $1.94 within 24 hours, marking a solid 12% gain. The next major resistance levels lie at $2 and $2.15, with a successful break potentially paving the way to $2.70 for Fetch.ai—an impressive 71% upside.
Technical indicators point to continued bullish momentum. The Relative Strength Index (RSI) sits at 65, indicating upward potential without being overbought. If Fetch.ai holds above its breakout zone, the rally is likely to continue.
Lunex Network: Revolutionizing Crypto Trading with Seamless Interoperability and Lucrative Staking Rewards
Lunex network promises explosive growth due to its unique ability to join isolated blockchains together as a Network. This allows traders to swap over 50,000 crypto pairs at the best rates. Rather than utilizing outdated security protocols, Lunex Network (LNEX) leverages the latest smart contracts technology to facilitate crypto transactions.
The platform includes an advanced, user-friendly, and efficient interface for trading, staking, and liquidity all without the KYC verification procedure. Users keep complete control over their assets and all trades are conducted over the Ethereum blockchain. Importantly, Lunex Network does away with third-party wallets, giving security-conscious traders a break.
Lunex Network also boasts a lucrative revenue-sharing system, with staking rewards offering up to 18% APY in as little as 30 days. Traders can increase their passive income by adding more Lunex Network tokens to their staking pool without losing their existing APY. The deflationary nature of the $LNEX token, supported by Lunex Network’s open-market buyback mechanism, further drives its value.
Priced at just $0.0038 per token, Lunex Network is attracting both retail and institutional investors who have poured over $4.4M into the project so far. Analysts project a 2000% surge by the end of its presale, with potential for an additional 1,000% rally in 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
