Analysts Predict Explosive Gains for Hot New Crypto Presale Token As Avalanche’s Breakout Momentum Fades
Analysts’ September/October outlook for Avalanche was a promising one. Grayscale rolling out Avalanche Trust products gave AVAX price a boost. But now, the token has taken a breather after shedding 21% of its recent gains. As the AVAX price chart paints a picture of uncertainty, analysts are already setting their sights on the next hot crypto, Lunex Network . This ingenious DEX solution, its user-friendly features, and its passive income allure have attracted thousands of investors to its ongoing presale. Could this new DeFi star defy the dilemma AVAX price faces and deliver the astronomical returns investors are craving?
Lunex Network’s cutting-edge multichain DeFi solution ignites hot crypto presale
DeFi suffered a worrisome downturn from the late September surge that followed the Fed rate cut and Uptober hype. But the new Lunex Network and its DeFi ingenuity are weathering the storm perfectly. An important distinctive difference that had large investors and smart money bet big on Lunex is its focus on innovating asset trading and DeFi at large.
This hot crypto trading platform boasts best-in-class trading tools, features and solutions with its cross-chain, noncustodial, and AMM-backed ecosystem. This focus on innovation and an inclusive, user-friendly ecosystem puts Lunex at the precipice of a new age of DeFi. With this hot crypto trading platform, DeFi users now have trading, swapping, staking, and farming over 50,000+ pairs across 40 blockchains way easier.
But Lunex isn’t stopping there! Its advanced analytical and portfolio tracking tool ensures success on and off the charts. All these got analysts and industry gurus excited, and the support it got has been nothing but a tidal wave. The initial stage sold out within days, and the demand isn’t going down as it zooms to the second stage.
AVAX price loses altitude: 21% drop raises concerns
However, while Lunex continues to receive praise for its DeFi ingenuity and layer one highly performing scalable interoperability chain, Avalanche has hit a turbulent patch. In the last two months, Grayscale launched its anticipated Avalanche trust products, a move that attracted massive institutional interest.
The AVAX price reacted positively and went 30% higher from its local lows at $23.3. However, it lost momentum and plummeted 21% from the September peak of $30 – a drop that left investors questioning whether a rebound is on the horizon or a deeper correction looms.
Despite the recently announced Avalanche9000 upgrade, which promises to accelerate the deployment of subnets and introduce customizable chains, the AVAX price is still at $26.6, 11% below its monthly high. However, despite the current uncertainty around the AVAX price, Avalanche continues to be an important DeFi innovator, like Lunex Network.
Conclusion
AVAX price may return to bullish territory, especially with growing institutional interest. However, Lunex’s sturdy performance, which is captivating analysts’ attention, tells one thing—the 1800% growth prediction is just a starting point. Aside from the DeFi allure, token holders can earn endlessly from generated revenue, staking, or liquidity pools. That’s why demand is soaring, and valuation is closing in on $1M.
Invest in Lunex presale at just $0.0013 and get a front-row seat at the next DeFi revolution.
Read CRYPTONEWSLAND on google newsYou can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
BTC falls below $96,000
Over 55 million USD was liquidated in the past hour, mainly due to long orders
ETH falls below $3,400