Surprising crypto enthusiasts who thought the altcoin was destined nowhere, TRON (TRX) has been generating higher highs and higher lows over the past year. On the other hand, those who were optimistic about the future of TRON (TRX) are now seeing profits in their portfolios as the altcoin heads for a new ATH.
Seeing TRON’s (TRX) 200% rise from $0.05, an analyst is now speculating on Cardano (ADA) and Lunex Network (LNEX) for future gains. While Cardano (ADA) apparently gets ready for a huge surge, Lunex Network is attracting investor attention with its rapid presale token sales which has raised over $800,000 in revenue.
Lunex Network Presale Promises Huge ROI
Because they are unsure of the quality of the projects, crypto aficionados occasionally are reluctant to make investments in ICOs. Nonetheless, Lunex Network is so creative that experts think it could provide even more returns to early investors than Binance ICO, which generated almost 400,000% gains for early investors.
Lunex Network makes DeFi relatively simpler for newbies while providing an easy-to-use platform that avails over 50,000 cryptocurrencies across more than 40 blockchains for traders to carry out their DeFi transactions. In addition to the cross-chain compatibility, Lunex Network ensures anonymity by not requiring KYC checks or the need to link any third-party wallets.
Furthermore, Lunex Network uses a revenue-sharing model that allows token holders to earn passively from the platform’s weekly revenue. And part of the revenue goes into buying back the LNEX token from the open market, thereby setting the stage for further price increase. Meanwhile, in stage 3 of the presale, each LNEX token is currently selling for only $0.0015.
TRON Blockchain Records Growth
The TRON network is seeing an increased success as it records over 10 million active users on a monthly basis. Moreover, this shows how the TRON network is gradually becoming more popular among investors as it provides both speedy and low-cost transactions which has made both developers and other users love TRON (TRX).
Meanwhile, one of the factors that has contributed to the growth of the TRON blockchain is the scalability that it offers. The ability to handle a lot of transactions has made it suitable for dApps. Moreover, as blockchain technology continues to improve, TRON (TRX) is gaining prominence in the market as a result of its growing user base and the solutions it offers.
Moreover, TRON (TRX) is also making efforts to get more developers on board. With a variety of features that enhance the development of dApps, the network is quite convenient for building projects.
Cardano Price Significantly Down Against Bitcoin
Just in 2024 alone, the Cardano price has recorded a significant drop of over 60% against Bitcoin, year-to-date. Meanwhile, amid this huge decline, rumours are circulating that Cardano’s (ADA) founder Charles Hoskinson sold a billion pieces of the Cardano token during the last bull market that caused the value of Cardano (ADA) to reach $3.
However, Charles Hoskinson denied those rumors stating that he did no such thing. Moreover, he mentioned in a tweet on X that the rumors of him selling a billion pieces of the Cardano token are just lies and that’s how the internet works now.
Meanwhile, Cardano (ADA) is still struggling to break out of the consolidation occurring between $0.47 and $0.30 for over 4 months now. Nevertheless, holders are optimistic that are bullish breakout will occur soon.
Lunex Network and Cardano Set To Replicate TRON’s Surge
While TRON (TRX) has surged about 200% in less than 2 years, analysts predict that Lunex Network and Cardano (ADA) could yield such ROIs. Moreover, Lunex Network is particularly interesting to investors in its presale as the rate of the LNEX token sale is rising very quickly. With over $800,000 already raised, this value is expected to reach $1 million by next month.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://blockchainreporter.net/analyst-who-spotted-trons-200-rise-now-betting-on-these-two-coins-for-maximizing-gains/