SPONSORED POST*
Crypto whales are always lurking in the depths of the crypto market, looking for sumptuous opportunities to sink their teeth in. This time around, they’re flocking to Kaspa, Avalanche, and Lunex Network – three projects that offer decent investment rewards. Read on to find out the insider scoop on why crypto whales are keen on these coins.
Lunex Presale wows crypto experts
Lunex is an exchange token that has attracted loads of attention due to its stellar performance. Launched a little over a month, Lunex has raised more than $2.5 million, with over 1.5 million tokens sold already. Even more, investors are still rushing the presale, which is currently available for $0.0026 per token.
But what is Lunex Network and what does it do?
Lunex Network is a next-generation DeFI crypto exchange that enables instant purchases and sales of crypto assets. It is non-custodial in nature, which makes it safe and offers over 50,000 trading pairs across 40 different blockchain networks.
Looking further, Lunex Network offers the cheapest exchange rates possible, thanks to its state-of-the-art aggregation protocol. And even though it’s still in presale, anyone can stake LNEX and get up to 18% APY. Stakers also get a slice of the revenues generated by the exchange through fees, which makes it an extremely attractive platform for DeFi traders as well as retail and institutional crypto entities.
This is the reason crypto whales are raking in Lunex tokens before the presale ends. Its growth potential is massive, and experts believe a rally that would net early investors multiple hundredfold gains is in the works.
AVAX price rallies towards $50
Aligning with broader market trends, AVAX’s price has risen sharply to break a core resistance level of $30. In the last week, AVAX price hit a high of $37, fueled by Donald Trump’s election victory as well as interest from institutional corporations.
The Avalanche Foundation also recently purchased 1.97 million AVAX tokens from the open market, a buyback strategy that has strengthened AVAX’s bullish outlook.
Word around is that institutional allocators, crypto whales, and other market players are increasing their AVAX allocations. As a result, crypto analysts believe AVAX could rally toward $50 and even shatter older records.
Kaspa offers a new opportunity to buy low
Unlike its peers, Kaspa suffered several depreciations in recent weeks. KAS was briefly propped up by the US elections but has quickly lost all the gains it made. The only reason crypto whales could be interested in KAS is the opportunity it offers to “buy low” so as to “sell high” later on.
As a result, KAS is unlikely to get much action unless it drops further down. Volatility has dealt severe blows to KAS in the past. So, KAS is mostly appealing for arbitrage trading. Traders who bought KAS at a low price often dump it immediately after it shoots up.
Don’t miss out on Lunex Network
Many people reminisce about missing out on Bitcoin and Ethereum before they blew up. But when a crypto gem pops up, they often ignore it. As a result, they’ve also missed out on Solana, Dogecoin, and countless other top tokens that fetched early investors massive ROIs. Lunex Network is the latest crypto gem; don’t miss out on it.
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/2024/11/19/whales-flocking-kaspa-avax-lunex/