As the cryptocurrency market anticipates a bull rally, experts are closely observing promising altcoins. Neiro Ethereum (NEIRO), Lunex Network (LNEX), and Floki (FLOKI) are contenders with unique features and community support. This article explores industry experts’ thoughts on the reason these cryptocurrencies could trigger the next market surge.
Can Whales Spur Neiro Ethereum (NEIRO) Comeback In October?
Neiro Ethereum (NEIRO) is currently in an accumulation phase, with significant whale activity observed in the past week. On-chain data shows several whales have increased their holdings, boosting the momentum behind Neiro Ethereum.
Notably, entities like Wintermute are involved, holding 52.97 million NEIRO tokens, about 5.3% of Neiro Ethereum’s total supply. This large stake, along with other whale actions, could help stabilize the Neiro Ethereum’s price in the short term.
Additionally, Neiro Ethereum may see broader visibility if Binance adds it to their spot market. The Neiro Ethereum’s growing decentralized base and increasing market cap position it for further expansion.
Bulls Remain Optimistic About Floki (FLOKI)
The sixth-largest meme coin —Floki (FLOKI) — currently has a market cap of $1.51 billion. Floki jumped 19% in the last week and now trades at $0.000158. Analysts say Floki has surpassed a resistance level that corresponds to a 50% price retracement. If Floki holds above this level, its value could rise another 21% to $0.000188.
However, if Floki goes below $0.000154, Floki could retest the 0.000135 low. The Relative Strength Index (RSI) of Floki dropped from 70 to 66, signaling a loss in its bullish momentum. However, buyer support is still strong at this stage, and many are optimistic that Floki will maintain its positive outlook.
Lunex Network (LNEX) Is The New DeFi King
Lunex Network is a next-gen DeFi platform that combines liquidity, security, and non-custodial services. Investors are attracted to its multi-chain exchange, supporting over 50,000 currency pairs by pooling liquidity from multiple sources.
Lunex Network will also introduce a portfolio tracker application designed to help users manage their wealth and quickly assess their financial health. The Lunex Network Portfolio Tracker will also allow them to efficiently monitor cryptocurrencies, ETFs, bonds, and stocks. Users can also enjoy a subscription service Lunex Network will roll out a tool called Lunex Pro. This service will provide advanced features for cryptocurrency management. Users subscribing to Lunex Pro will receive cashback on every transaction and have the ability to perform AML wallet address checks.
The platform offers more than just impressive technical features. Lunex Network aims to encourage broad business adoption through a non-custodial payment gateway. This gateway allows merchants to accept cryptocurrencies easily and convert payments to fiat after transactions. This increased crypto adoption is likely to enhance the future value of $LNEX tokens.
Lunex Network will also offer $LNEX holders an 18% annual yield through its staking system to incentivize long-term investment. $LNEX holders enjoy premium benefits, including discounted transaction fees and strategic buybacks that support the token’s deflationary model.
Analysts are also expressing excitement about $LNEX. There are rumors that it could experience significant growth during the presale and afterward. Some predictions suggest a potential surge of up to 1,800% during the presale phase alone. This makes Lunex Network one of the most promising altcoins for 2024.
The $LNEX token, priced at $0.0013, has seen over 200 million tokens sold in its first presale stage, reflecting growing demand. Early investment is key for maximum benefit.
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.
