Finance

Toncoin Challenges TRON’s Position as Crypto Investment Momentum Grows for Lunex

While Lunex Network continues its rapidly gaining crypto pre-ICO phase, Toncoin (TON) and TRON (TRX) continue competing for the best crypto investment in December 2024.

Lunex is available at $0.0048 in its presale phase and has already generated over $5.4 million, with 2 billion LNEX tokens sold. Read more about Lunex to understand why AI crypto investors are backing It for explosive growth.

Lunex consolidates market position by breaking the $4 million revenue goal

Lunex Network ($LNEX) has been making waves during its presale, attracting traders and investors from across the crypto space. But what makes this new protocol stand out?

A hybrid DeFi crypto that maximizes the best features of decentralized and centralized, with $LNEX at its core, a token designed for stability and long-term growth.

Its advanced smart contract system enables seamless swaps across over 50,000 assets, providing fast execution speeds and minimal gas fees. Lunex Network also removes the need for third-party wallet connections, reducing the risks associated with data exposure.

Lunex eliminates KYC requirements for privacy-conscious traders and large investors, ensuring guaranteed anonymity and security. Advanced traders can take full advantage of Lunex Pro, a premium service with powerful tools for sophisticated trading. It allows traders to execute fast, precise trades using detailed data analytics and custom strategies.

Toncoin holders anticipate December new high

Toncoin (TON) has been one of the standout performers in the cryptocurrency market in a week where large-cap assets have shown slow movement. After a sluggish start to November, TON has begun to show strong momentum, with impressive gains. Yet, investors remain unsure whether to go long, showing caution about TON’s sustainability.

On-chain signals for Toncoin’s price are currently bullish, particularly the “90-day percent return,” a metric that tracks the price change over the last 90 days and offers insight into TON’s short-term trend and momentum.

According to data from CryptoQuant, TON’s 90-day percent return recently turned positive, reflecting the upward movement in its price. Historically, when this metric shifts to positive territory, it’s often followed by solid momentum in price action.

The recent shift in TON’s 90-day percent return signals growing investor confidence. More investors are willing to hold their $TON, anticipating higher prices and continuing the bullish trend.

Another key on-chain signal supporting this positive outlook for Toncoin price is the percentage change in open interest, which also positively flipped.

Caution ahead for TRON (TRX) despite price surge

The 180-day Sharpe ratio for TRON (TRX) recently spiked, signaling potential market volatility ahead. Historically, fluctuations in TRX’s Sharpe ratio have often indicated price tops for its TRX token, making it an essential tool for traders looking to understand market dynamics.

The current high-risk alert suggests that while TRX’s price may continue to rise, the downside risks increase significantly at its current valuation levels.

Despite the price surge, on-chain analytics for TRX show a significant decline in both whale and institutional transactions, coinciding with the recent price fluctuations. For example, large TRX holder inflows and outflows peaked in mid-November but have since decreased, signaling a reduction in interest from major investors.

On November 27, the data revealed just 205.77 million TRX in inflows compared to 159.87 million TRX in outflows, indicating a shift in net demand that favors sellers. 

While TRX continues to face stiff competition from TON, Lunex’s growth in presale and generous offerings continue to attract investors and traders as the best crypto investment. Lunex is the best investment ahead of TON and TRX for investors looking to end the year with a bang.

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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