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Forget Avalanche and Ethereum There’s a New Altcoin Outperforming Both

Forget Avalanche and Ethereum There’s a New Altcoin Outperforming Both

EthnewsEthnews2024/10/21 09:15
By:By John Kiguru

There’s a stirring happening in the markets, and not a moment too soon. The Ethereum price is ready to be unleashed and rush off like a rodeo bull, and Avalanche is doing some very encouraging things. But there’s a new altcoin in town, and Lunex Network’s hybridized exchange could outperform even the most bullish of coins.

Lunex Network (LNEX): New altcoin set to explode after presale

Let’s start with the new kid on the block: Lunex Network . Lunex is a new altcoin that is gaining enormous momentum among crypto enthusiasts, and not just because it is a new altcoin with a great chance of returning life-changing wealth.

Lunex Network is here to change the landscape of crypto trading. That’s a bold claim, but a sober-minded evaluation of the crypto markets shows that crypto trading is far from optimal, and exchanges are beset with technological challenges that curtail free and easy crypto trading.  

From limitations to cross-chain trading to low liquidity pools, high fees eating into profits, and compromised security, crypto trading is not as streamlined as one would expect it to be.

Until now. Lunex brings to the market a hybrid CEX/DEX trading platform that combines all the best aspects and discards all the worst parts of crypto trading. Cross-chain trading allows Lunex Network users access to over 50,000 trading pairs, non-custodial wallets guarantee security to avoid FTX-style meltdowns, and a zero-fee structure sees to it that profits are not consumed by fees. Lunex Network even gives access to DeFi in a user-friendly interface that takes all the head-scratching away from accessing decentralized finance.

This is the solution the crypto world has been waiting for, and it’s easy to understand why Lunex Network gained a substantial following during the first stages of its presale. This new altcoin has legs and it’s going places. 

Ethereum (ETH): Ethereum price breakout sees optimism rise

The Ethereum price set the pace over the last week with a 7% weekly candle, giving careful optimism that the embattled smart contract provider will finally break the shackles anchoring it to a low base since May. 

However, Coincodex predicts the Ethereum price will break the $4k mark sometime in early January. While this is great news for the Ethereum price, it is still slow going compared to the new altcoin, Lunex. 

Avalanche (AVAX): 6% weekly candle spurts optimism in Avalanche

Avalanche has not had a great time since the crypto frenzy of 2021, and then 2022 turning into a prolonged crypto winter. At its lowest, Avalanche lost nearly 95% of its value, the death knell for most assets. But Avalanche pulled a Lazarusian stunt and woke up from certain annihilation in October last year and returned 200%. Only Solana outpaced Avalanche on the one-year candle among the top 15 tokens.

Avalanche now has its second wind, but will it be able to sustain its newfound hope? Is it worth taking a chance when the new altcoin Lunex Network looks so promising?

Conclusion

The Ethereum price breakout and the rise in Avalanche is good news all round for crypto investors, but before hasty investment decisions are made in slow-moving tokens, investors should put serious consideration into investing in the new altcoin Lunex Network, currently on presale at $0.0015.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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