While most altcoins seem to be moving in the wrong direction, some are already bucking the market trend and making gains. This includes Sui (SUI), which has recorded an impressive price performance over the past week. According to analysts, Solana (SOL) also maintains its golden pocket zone and is expected to rise to the $178 mark soon.
Additionally, a new DEX protocol, Lunex Network (LNEX), has also emerged as a formidable altcoin contender. Thanks to its transparent token distribution schedule, analysts have already predicted an 18x presale return even before the token hits the market.
Lunex Network Token Distribution wins investor confidence
Lunex Network (LNEX) is currently in phase 2 of its presale, with 540M tokens sold so far in the presale. As the world’s first DeFi crypto exchange that offers a revenue sharing model for token holders and users, Lunex Network has already raised nearly $700K. It also offered early investors a chance to enjoy an 8% ROI, from its initial price of $0.0012 to its current price of $0.0013. With analysts predicting a possible price increase of 18x in the pre-sale alone.
Lunex Network offers full confidential and non-custodial service, making it stand out as the pinnacle of DeFi trading. It contains more than 50,000 exchangeable cryptocurrencies, making it easier for users to exchange across multiple blockchains, including Ethereum and Solana.
Additionally, its revenue sharing model will ensure that profits from the exchange return to the buyback of LNEX tokens in the open market and are redistributed to token holders. This move will not only lead to a potential Lunex Network price increase over time, but also reward its token holders who decide to stake or hold the LNEX tokens.
Solana Bullish Sentiment Despite Short-Term Price Retracement
Solana (SOL) is considered one of the top altcoins in the market. Despite a weekly depth of more than 8%, its monthly price performance remains bullish. Currently, the Solana price is trading around the $143 mark as crypto analyst Zach remains optimistic about the altcoin.
According to his post, Solana keeps his golden pocket zone perfectly. He also expects the price to rise to the $178 mark. However, Solana’s 200-day moving average is trending sideways and has been doing so since October 3, meaning the trend is strong.
The RSI is within the 30-70 neutral zone, indicating that the price is trending neutral. SOL’s short-term price retracement is also able to keep the RSI in that condition for a while. Based on Solana price forecast inputs, the token is projected to reach the $159 mark before the end of Q4.
Sui (SUI) Price pumps
The Sui network continues to attract significant interest from the crypto community with its rapid price growth. According to crypto analyst Gonzo, the SUI token remains one of the most hyped altcoins. Sui has already recorded a price increase of more than 6% in the past week to trade at around the $2 mark.
Thinking of expanding into Africa?
Avoid the common mistakes businesses make during expansion. Register to learn what common mistakes businesses make when expanding to Africa.
Written by experienced experts, who have more than 16 years of experience in Free Zones development. Learn more.
Despite Sui’s impressive price performance, which has recorded an upward trend, concerns are being expressed about SUI’s ability to sustain its upward trend. However, Sui Coin’s recent developments, including its ecosystem expansion in the coming months, show the token’s commitment to maintain an upward trend in Q4.
Moreover, with Sui’s increasing popularity among investors, market watchers are optimistic that the altcoin could shock the ecosystem. Analysts have also posted a positive price forecast for Sui that could see the token reach impressive highs in the coming months.
Can Lunex Network match Solana and Sui’s success?
Solana and Sui are strong cryptos with impressive foundations within the crypto market. However, Lunex Network also lays the foundation for impressive growth over the coming months. The project’s no-KYC process and instant swaps with institutional liquidity make it a unique project with the potential to offer better ROI.
Discover the exciting opportunities of the Lunex Network (LNEX) presale today!
Website: Lunex Network
Join our Telegram community
Follow us on X
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
UnCirculars – Cutting through the noise, delivering unbiased crypto news
