The crypto top 10 is getting a potential shakeup. A new altcoin, Lunex token, is threatening to dethrone Toncoin and Tron. While these two altcoins had good performances in the crypto top 10, they are gradually losing their grip to market volatility.
However, Lunex Network’s DEX and massive upside potential have struck a chord with savvy investors. So, buckle up as we explore why Lunex Network is the next biggest DeFi project this year.
Toncoin Teeters on the Brink: TON risks $6 reverse as death cross spells trouble
A chilling silence has descended upon the Toncoin community since the Telegram CEO was arrested in France. The shocking arrest rattled the TON price among the crypto top 10 assets and bled 18% to $5. Now, technical analysts warn of a looming «death cross» pattern on the charts, which shows the doom is far from over.
Toncoin’s close ties with Telegram worsened its fate. Even with the bullish sentiment that followed the Fed rate cut, Toncoin is still reeling in a 15% MoM drop as its price steadies around $5.7. Experts are watching with bated breath, especially as the hot new DeFi exchange platform and its ingenious asset exchange solution threaten Toncoin.
Tron’s SunPump loses steam: Can TRX hold its ground in the crypto top 10?
Tron conquered every part of the crypto sphere, from entertainment to DeFi and digital representation except probably the meme market. A few weeks ago, Tron founder Justin Sun saw wide acceptance after bringing meme culture to the network with the SunPump meme coin launchpad.
But the hype didn’t last! SunPump has lost its luster. Dune analytics recorded an 80% token deployments and revenue decline for Tron. In fact, Tron‘s total value locked has plummeted to a six-month low. This coincides with a 70% drop in Tron’s social dominance and an 83% drop in Tron’s social volume that puts the token in a bind.
New altcoin Lunex Network set to redefine DeFi with groundbreaking DEX features.
The DeFi revolution is in full swing and the timing couldn’t be better! The DeFi market is growing rapidly and is expected to reach $508B by 2030. Lunex Network is a much-needed change to address the shortfalls that have continued to push this vibrant space backward. Built on the Ethereum chain, Lunex Network is a novel hybrid AMM-backed CEX/DEX model.
Imagine Uniswap’s smart contract-backed decentralization and security marrying Binance’s tooling and intuitiveness. Fortune favors the bold, they say! Lunex’s unique approach to empowering every crypto trader with seamless, multi-chain, and noncustodial asset exchange means it’ll ultimately dominate the DeFi space and potentially outpace Tron and Toncoin.
Security is a core feature that sets Lunex Network apart. The noncustodial asset management, cross-chain support, and smart contract foundation are game changers against incessant hacks. The native token, LNEX, incentivizes participation and empowers users to shape the future of the platform through governance.
All these elements have had analysts predict this new altcoin will climb the into crypto top 10 and rocket 100x. Because the token is priced alluring low at just $0.0012 in stage one presale, a massive upside potential is undoubtedly imminent. Experts peg it at 100x but Lunex’s innovative power can do so much more.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork