Finance

Chainlink and Avalanche Break Bearish Patterns While Smart Investors Flock To New DeFi Token Presale

Big moves in the crypto market suggest exciting times ahead. Chainlink and Avalanche have defied market trends, breaking their bearish patterns. Meanwhile, the Lunex Network (LNEX) presale continues to make impressive milestones, with experts hinting at an 1800% surge in 2024. Let’s uncover why these three altcoins show promising signs of potential growth.

Crypto Investors Pile Lunex Network Presale

DeFi is bound for a major comeback, and crypto investors who follow the industry closely  know it. That is why smart money seems to be pouring into a new project with the potential to skyrocket in the next bull run. Lunex Network is set to onboard a new generation of DeFi and Web3 users with its cross-chain swap, liquidity aggregator, bridge, and wallet solution.

To start with, Lunex Network offers 50,000 crypto pairs across different networks under one protocol, introducing a unique yet new era in blockchain interoperability. It also simplifies buying, swapping, selling, and custody of new users, allowing them to participate in the full DeFi experience under an easy-to-use protocol.

Compared to Avalanche and Chainlink, which are solid cryptos in their own way, Lunex Network holds the highest potential for better profits. The LNEX token is selling at just $0.0015, representing its surging momentum from its original price of $0.0012. This allows investors to buy into the token’s low price and enjoy better ROI.

Chainlink Market Cap Reach $100B, Experts Weigh In

Chainlink price has been hovering between $10.25 and $12.38, making these regions new accumulation zones. Experts have shifted their attention to the altcoin, indicating that Chainlink crypto has massive potential to turn the bearish markets around. They believe that Chainlink coin can surge to $100 billion market capitalization.

According to a market analyst, Investor Reality, Chainlink could hit $50 to $100 billion in Q2 by 2025. This bullish Chainlink’s price prediction comes while its price is still on a downtrend momentum. Its technical indicators, however, suggest that it is building momentum for a rally. The price of Chainlink is experiencing resistance around the $12.50 mark.

If it breaches this point, Chainlink’s price will record massive breakout rallies. More importantly, if its market capitalization increases to the $50 billion mark, it would push its value upwards to around $79.77. This makes Altcoin another crypto asset that could drive capital growth.

Avalanche Breaks Bearish Patterns

The layer-1 blockchain, Avalanche network, has grown considerably due to its eco-friendly design and efficient transactions. The network can handle up to 4500 transactions per second, drawing developers and traders alike.

Moreover, the network supports several operations, including three chains: X-chains for transfers, P-chains for smart contracts, and C-chains for managing validators. This considerable interest has propelled the value of its native token, AVAX. This has enabled the network to launch custom blockchains and tokens, enabling Avalanche to position itself as a big player in the DeFi market.

Beyond the network, Avalanche coin has also shown promising growth potential. While AVAX’s price is declining, its trading volume is up, indicating broader market confidence. Its technical indicators suggest that the price of Avalanche has broken its bearish pattern and is on a journey to recover some of the erased gains in the past week.

Can Lunex Network Follow Chainlink and Avalanche’s Growth Trend?

Chainlink and Avalanche have had significant price performance within the altcoin market, something that Lunex Network wishes to emulate through its impressive presale performance. Lunex Network intends to stand out as the world’s first DeFi crypto and swap exchange, providing a revenue-sharing model for its token holders.

You can find more information about Lunex Network (LNEX) 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.

PR Desk

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