SUI is the current darling of many crypto investors, what with its unprecedented price surge over the last month. This token went on an absolutely
SUI has been making waves in the crypto world recently, thanks to its impressive price surge. The token has enjoyed a stunning run that saw it enter the top 20 crypto tokens by market capitalization. Meanwhile, another member of the top 20 crypto club, Binance Coin, is facing competition from Lunex Network, a new hybrid exchange with a cutting-edge design.
Despite being the 4th largest coin by market cap, BNB is having a tough time. In fact, investors are finding Lunex Network more appealing at the moment and it’s also giving SUI a run for its money. Is it capable of doing that? Continue reading to find out.
Why Lunex Network is competing with the big boys
Unlike most new projects, Lunex Network already has a product – a hybrid crypto exchange that provides DeFi traders with the optimal environment to discover gem tokens and trade seamlessly.
One remarkable feature of Lunex Network is its intuitive interface, which can be easily navigated by both crypto newbies and veterans. It also operates in a non-custodial manner, giving traders complete control over their coins at all times.
Next up is the LNEX token, which offers a wide range of benefits. Despite being in presale, anyone can stake LNEX and earn up to 18% APY. Once the token is listed on exchanges, LNEX holders will receive a share of the revenue that the platform generates from fees and subscriptions. This provides early LNEX investors with a steady stream of passive income, which is why the presale has become an investor magnet.
Lunex Network has already moved into Stage 3 of its presale, selling out 2 stages in just 2 weeks, which shows the high demand for the new token set to change DeFi. It is likely that Lunex Network will cross the $1M raised mark this coming week and analysts have predicted an 1800% price surge before the presale ends. At the moment, the token is being sold for $0.0015, offering a once-in-a-generation entry to those wanting to get involved.
BNB price holding steading but volatility a concern
BNB powers the Binance exchange as well as the Binance Smart Chain, an ecosystem of decentralized applications. As such, it is heavily used by crypto traders, which explains BNB’s multi-billion dollar daily trading volume.
Since it rode the last bull market to hit an all-time high of $717, BNB’s price has been steady, holding on to its gains. However, volatility remains a concern, as BNB has suffered a few dips here and there. It currently trades around $578, but how long will it hold on for?
SUI excites investors with a stunning run
Over the last month, SUI has appreciated by more than 100%, doubling up in price and entering the top 20 crypto coins by market capitalization. This run has excited a lot of crypto investors, but what does the larger picture say?
It is worth knowing that SUI had a similar run between March and April, climbing above $2. It’s also crucial to know that SUI is barely above its launch price despite its recent rally. The bigger picture tells the story of a troubled project that is just starting to gain some ground. It would be majestic if SUI becomes more stable and continues its run, but this is not very likely.
The best crypto investment today
If you take a holistic look at the metrics, BNB doesn’t have much potential for growth. SUI doesn’t either, in spite of its recent price rally. LNEX, on the other hand, is a presale that has only just launched – at $0.0015 per token. It’s got a bigger growth potential, and experts predict a 1,800% price increase before the presale ends. A further 100x awaits early investors who join the presale now when it launches officially.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
The above is the detailed content of Lunex Network (LNEX) is the new crypto darling challenging the top 20 club members SUI and Binance Coin (BNB). For more information, please follow other related articles on the PHP Chinese website!