New DeFi Token To Outshine Top Cryptos Toncoin & Cardano

SPONSORED POST*

Right now, the crypto market is picking up steam thanks to Donald Trump calling it the future of the economy. Two crypto coins a lot of people know about are Toncoin (TON) and Cardano (ADA), as they are going up on the price charts. However, one rookie in phase three of its presale is also making headlines—Lunex Network (LNEX).

Lunex Network is getting a lot of attention because it has big ambitions of dominating the crypto trading space as it solves many issues. It has already raised over $950K and may reach $1M before this weekend. Some experts even hint that this cryptocurrency could surge by 3,000% soon.

Toncoin (TON) Integrates With Axelar, Price Rises

Toncoin (TON) is a crypto currency that has seen some exciting developments. Recently, Chainwire revealed that TON selected Axelar to improve its blockchain interoperability. Thanks to this event, Axelar’s Interchain Amplifier and Mobius Development Stack will help connect the TON ecosystem with 68 other blockchain networks.

In other Toncoin news, the price of this crypto has also risen. CoinMarketCap shows that the value of Toncoin (TON) jumped nearly 2% on the weekly chart. Currently, the Toncoin crypto is trading between $5.18 and $5.26. This crypto coin is now sitting above its 10-day EMA ($5.25). Therefore, market analysts foresee its value hitting $6 before the end of October.

Cardano (ADA) Could See a Breakout Soon

Cardano (ADA) has also been making some big moves. On the monthly chart, the price of Cardano increased by around 10%, as per CoinMarketCap. Crypto analyst The Moon says that this bullish trend will continue. According to his X post, the Cardano crypto is about to break its 1-day symmetrical triangle and may hit the $0.54 level.

This price increase came as Charles Hoskinson teased a new upgrade for Cardano (ADA). In his X post, he pointed to a proposal by Cardano blockchain developer Andrew Westberg that could bring Composability as well as Babel Fees. Hoskinson said that this is a long-overdue upgrade that could improve Cardano greatly. Due to all these factors, experts have made a bullish Cardano price prediction—$0.40 before this quarter ends.

Lunex Network (LNEX) May Redefine Crypto Trading

Lunex Network (LNEX) is gaining attention as an innovative DeFi protocol that aims to connect all isolated blockchains. It will launch a non-custodial crypto exchange that focuses on letting people trade countless cryptocurrencies across different blockchains. Plus, Lunex Network will let traders do this with the lowest costs possible and complete privacy since it will require no sign-up KYC checks or wallet connections.

This is just one part of what excites people about Lunex Network. Additionally, the Lunex Pro subscription service will give traders more features, like cashback on every transaction or performing AML wallet address checks.

Supporters of this project are now buying the Lunex Network native token, LNEX. Those who hold it during its presale will get staking rewards and APY based on lock-up periods. Currently, one LNEX costs $0.0015, a phase three presale price. Those who bought it early are enjoying a 25% return so far. Experts predict another possible 3,000% growth once a top-tier crypto exchange lists LNEX soon.

What Lies Ahead for Toncoin (TON), Solana (SOL) & Lunex Network (LNEX)?

Toncoin (TON) and Solana (SOL) are poised to see some gains thanks to exciting developments. Meanwhile, Lunex Network (LNEX) could see the same gains at a faster pace since it has a smaller market cap than them. Thus, this crypto currency needs less money for price growth. With over 660M tokens already sold, people who pass up this token may miss out on many gains.

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/2024/10/21/new-defi-token-outshine-top-cryptos-toncoin-cardano/