Toncoin and Avalanche are still facing some selling pressure as short holders sell out ahead of Q4’s bull run. Meanwhile, Lunex Network’s presale is on a bullish trajectory as it draws $1.2million investment from early adopters who believe it has the characteristics to become the next 10x token this crypto cycle. Today we will discuss the future of all three tokens and why Toncoin & Avalanche are struggling to provide the same gains as Lunex Network.
Analysts Remain Cautious About Toncoin (TON) Gains
Toncoin’s price was rapidly declining over the past month, but it is now heading towards a potential recovery. Since Toncoin’s Sharpe ratio has finally entered the green zone, analysts believe Toncoin is now a low-risk investment opportunity. Despite this positive movement, many investors are still cautious about Toncoin’s future gains in Q4.
Toncoin is currently trading for $5.21 after an intra-day decrease of 2.06%. Toncoin’s volume has increased by 20.80% over the last 24 hours which typically indicates rising network activity. If Toncoin can break past the $5.52 resistance, it could experience a rally towards $7.27 in upcoming weeks. However, failure to break this level could push Toncoin’s price down to $4.44.
Avalanche (AVAX) Ends Downward Pattern with Positive Price Action
Avalanche’s price has been following a downward trend for the last 175 days, but it is now showing some early signs of recovery. Since the Avalanche ecosystem has made some major announcements including a game called Off The Grid and the Retro9000 grant, Avalanche’s price is expected to experience more upswings in upcoming weeks. Avalanche is currently trading for $28.20 after an intra-day decrease of 4.62%.
Although Avalanche investors are looking forward to the Avalanche Latin America summit in mid-October, Avalanche’s price still hasn’t broken above the critical 200-day Simple Moving Average at $30.20. However, Avalanche’s volume has increased by 22.39% over the last 24 hours which is suggesting a rise in network activity.
Lunex Network (LNEX) Experiences Huge Influx of New Investors Ahead of Bull Run
Traders are rushing to Lunex Network’s explosive ICO before the Q4 bull run, and it’s all for good reason. Instead of only targeting a particular crypto market, Lunex Network is targeting the entire decentralized and centralized exchange industry with its new multi-chain exchange platform. By offering complete security and transparency alongside cross-chain trading, Lunex Network is expected to dominate the entire $275 trillion DEXs and CEXs market by 2025.
Since Lunex Network is committed to simplifying the trading experience, the platform features an incredibly easy-to-use DeFi exchange. Instead of providing sensitive information or undergoing cumbersome KYC checks, traders can easily sign up by downloading Lunex Network’s mobile or desktop app. After this, traders can select any of the 40,000+ compatible crypto pairs to swap and simply enter a recipient wallet address to receive their new tokens within minutes.
All transactions made on Lunex Network’s exchange are executed via the platform’s smart contracts, making this new DeFi exchange more secure than its competitors. By using smart contracts, Lunex Network also fetches liquidity from multiple sources and splits the trade on different blockchain networks to deliver the lowest possible transaction cost on every trade.
To make things even better, Lunex Network also has an advanced portfolio tracker that allows traders to store and track their crypto tokens, stocks, bonds, and ETFs on a single platform. This means Lunex Network users will always stay ahead of the game when it comes to responding to rapid market fluctuations.
Even with these highly impressive features, Lunex Network is still offering LNEX tokens for a low price of only $0.0017 in stage 4 of its presale. Since stage 1, 2 & 3 were sold out in record time, analysts are already projecting up to 1800% gains for LNEX by the end of its presale.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
