Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Lunex Network emerges as the next 10x coin as Avalanche aims for $75 and Sui prepares to overtake Shiba Inu.
A top analyst has predicted the value of Avalanche (AVAX) could reach $75 by January, which indicates a very bullish move. At the same time, Sui (SUI) might outshine Shiba Inu (SHIB) in terms of market cap in the coming weeks.
Meanwhile, the most exciting project analysts are bullish about is Lunex Network (LNEX). They have tagged it the next 10x coin given its unique features and low market cap.
Avalanche to hit $75 by February
The ongoing market correction has affected Avalanche pushing it to former lows. Data from CoinMarketCap shows the crypto’s price has dipped by 8.50% on the weekly chart.
AVAX is currently consolidating between $33.90 and $42.50. Nevertheless, analysts like Lucky predict the Avalanche price could reach between $150 and $200 in the coming months. AMCrypto told his followers the ongoing correction in the market was almost over. He forecasts the price of AVAX might rally to $75 by February 2025.
Most of AVAX’s technical indicators are in the neutral zone. The relative strength index is currently moving close to the midline. Crossing this level could set Avalanche for a massive price rally.
Sui about to overtake Shiba Inu
The Sui coin is among the fastest-growing altcoins in the market right now. Sui has remained range-bound around its record high of $4.93 set last week. This rally pushed the market cap of the altcoin to $12 billion.
The sustained increase in the Sui coin price has made it a contender to overtake Shiba Inu in terms of market capitalization. This close proximity makes Sui among the top crypto coins.
CoinMarketCap data shows SUI’s value has dropped by 12.80% on the weekly chart. However, it is up 18.45% on the monthly level and 396.52% on the yearly timeframe. Ash Crypto forecast the value SUI could skyrocket to between $6 and $8 in the coming weeks. Another analyst called Mags noted the Sui crypto price might rally to $40 this cycle.
Lunex Network raises over 5.6M in funding
Lunex Network is a relatively new project in the DeFi sector, which can be purchased at $0.0049 during its presale. The project is already popular, raising more than $5.6 million so far. While experts expect the token to grow 10x in value in the short term, they expect the value to reach $1 per token.
LNEX seeks to help those who want to invest in the DeFi market, respecting their privacy by not requiring any Know Your Customer (KYC) procedures. This approach enables users to transact anonymously in the DeFi space, reduces the time taken to register, and enhances the privacy of trading.
Lunex will provide a strong developer environment with RPC access to more than 65 nodes in different blockchains. This will make it possible for developers to create unique decentralized applications (dApps) and also create a healthy ecosystem within the network.
Lunex also has a VIP plan for active traders that includes cash back on trades, higher staking rewards, and advanced AML checks for wallet security. The emphasis on privacy, a well-developed system of support for developers, and a wide range of tools that will meet users’ needs make Lunex Network a worthy participant in the DeFi market.
Top altcoins to watch
Avalanche could reach $75 in the coming months and SUI’s market cap might surpass that of Shiba Inu. Meanwhile, Lunex Network might become the next big thing in the DeFi market, attracting investors from all over the world due to potential growth and unique features. As such, these are top altcoins to watch.
For more information on Lunex Network, visit their website or socials.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
