SPONSORED POST*
ADA and AVAX are on the bounce—but they have fallen far from their glory days. That makes them less interesting crypto investment opportunities for investors who wish to get the most bang for their buck. Instead, the smart money is leaning towards the newly launched DeFi protocol Lunex Network as the next big crypto investment to boom in 2024 and beyond. With $LNEX tokens launching at a starting price of just $0.012, analysts believe Lunex is the best crypto to buy now for investors looking to gain exposure to the next DeFi wave.
Cardano on a 15.5% bounce in the past week
Cardano has finally come alive after a slow start to September, gaining 15.5% in the past week. ADA prices currently sit at $0.38, following the broader altcoin recovery trend. ADA prices plummeted to $0.28 last August 5th, with the Layer-1 platform struggling to draw fresh investment as it loses ground to newer competitors. However, It’s safe to say that there are much better crypto investment opportunities that could turn in a more substantial profit than ADA at this juncture. The only way your $100 crypto investment will turn to $10,000 with Cardano is if you built a time machine to 2017, bought then and there, and sold at the ADA’s September 2021 all-time high of $3.09. FACT.
AVAX finally stirring after a long slumber in September
AVAX has been on a hot run in the past two weeks after bottoming out at $20.50 to start off September. Since then, the recent cycle of Fed rate cuts appears to have given AVAX another lease of life. In the past week, AVAX has gone on a 15.5% run, trading at $27.59 as of press time. All things being equal, however, Avalanche’s upside is hard-capped compared to presale crypto investment opportunities like Lunex.
Lunex Network tagged as best crypto to buy now in the DeFi sector
DeFi total value locked topped out at $250 billion in November 2021. While that figure plummeted to $36 billion in October 2023, DeFi surged back to a $108 billion TVL in June 2024. That gives the sector immense potential to boom in the next bull run, making investing in undervalued and low-cap DeFi projects sound crypto investment propositions.
That’s where Lunex Network comes in. Lunex is launching stage 1 of its ICO for its native token, $LNEX, which will underpin its DeFi protocol and liquidity aggregator that aims to solve the problem of interoperability between blockchains. The Lunex protocol will support over 50,000 crypto pairs across 40+ blockchains while offering a non-custodial Lunex Wallet that enables users to perform cross-chain crypto swaps directly from the wallet—without having to connect to third-party services that could put your assets at risk of being stolen.
$LNEX holders can also earn passive income through staking and liquidity provision, while its deflationary tokenomics featuring token buybacks and burns stabilizes its value and long-term stability. That’s what makes analysts believe Lunex will be a highly sought-after crypto investment and a potential 100x candidate in the near future. With token prices at just $0.012, your $100 in $LNEX has a greater chance to turn into $10,000 than investing in $100 AVAX or ADA at this stage of the game.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/09/27/lunex-presale-drawing-ada-avax-holders-100x-gains/