Cardano (ADA) has made waves in the crypto market by soaring from $0.31 to $1.3, marking its first time reaching this price point since 2021. Tron (TRX) has also experienced a remarkable price surge, increasing by over 100% to achieve a new all-time high (ATH).
While TRX enthusiasts are celebrating the coin’s first ATH in more than seven years, a new player, Lunex Network (LNEX), is gearing up for an even bigger price surge. With LNEX already experiencing a 200% pump, analysts predict a potential surge of up to 18x during this bullish period.
Tron (TRX) Achieves New All-Time High
Amidst a bullish sentiment surrounding altcoins, Tron coin has stood out with a significant 100% price increase, according to CoinMarketCap. With TRX surpassing $0.4407, the altcoin has also witnessed a substantial uptick in trading volume, exceeding $14.7 billion.
Although this marks the first time Tron has hit a new ATH in over seven years, there are mixed opinions on the coin’s future price trajectory. MMCrypto suggests a potential decline for TRX as it dips below the crucial support level around $0.3750.
On the other hand, Team LAMBO has indicated that $TRX might be forming a bullish pattern. They highlight that a breakout above $0.42 could lead to a rally towards $0.60.
Potential Price Surge Could Propel Cardano (ADA) to $3
Prior to TRX’s impressive price surge, Cardano (ADA) led the way among top altcoins in terms of gains. Rising from a monthly low of $0.325, Cardano’s price skyrocketed to above $1.3, marking a significant milestone not seen since early 2021. While ADA has retraced to around the $1.20 range, analysts anticipate further upward momentum.
Jupiter predicts that Cardano will experience substantial growth, potentially reaching $3, driven by its extensive ecosystem catering to both retail and institutional clients. The recent achievements of the Cardano network have instilled confidence among crypto experts.
Additionally, Cardano’s Hydra TPS recently surpassed 1 million, indicating significant potential for further growth. The network has also witnessed over 100,000 unique active addresses, as reported by Benjamin Cowen.
Strong Investor Interest Expected to Drive 18x Price Surge for Lunex Network (LNEX)
Investor interest in Lunex Network (LNEX) has been steadily increasing, with the DeFi project attracting over $4.5 million in investments. The appeal of LNEX lies in its potential to offer up to 18% APY for stakers.
Lunex Network aims to establish a cost-effective trading and swapping platform for cryptocurrencies across various blockchains like Ethereum and Solana. The seamless and affordable cross-chain swapping feature has garnered significant attention for Lunex Network.
Moreover, the Lunex ecosystem includes a B2B merchant payment gateway that facilitates cryptocurrency acceptance and real-time conversion to fiat for businesses. The platform also offers a premium service called Lunex Pro, providing advanced trading and analytics tools for both novice and experienced traders. LNEX has surged by over 200% to its current price of $0.0038, keeping pace with TRX and ADA.
In Conclusion
As TRX competes with ADA’s recent price surge, maintaining the crucial $0.35-$0.36 support level will be key for sustaining its upward trajectory. Meanwhile, as the Lunex ecosystem expands, experts foresee the LNEX coin potentially achieving an impressive 18x price increase in the near future.
For more information about Lunex Network (LNEX), visit:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork