The recent crypto market correction was quite unexpected, sending shockwaves throughout wallets everywhere. But seasoned investors recognize it as a positive. Price drops often weed out weak hands, which is a necessary step in the right direction for a stronger market. Soon enough, the market will rebound, and some coins have already been earmarked to hit new all time highs.
Ethereum and Monero are familiar candidates, but Lunex Network, a brand new crypto project, has positioned itself in this category of tokens, too. Read on to find out how it is headed in an upward trend.
Lunex Network keeps shining brighter
Lunex Network is a Web 3 crypto trading protocol that operates in an innovative manner through its groundbreaking use cases. This platform allows anyone to swap crypto assets across 40 different blockchain networks, helping boost interoperability. By giving DeFi traders access to a wider range of crypto tokens, they can get in on crypto gems before they become popular.
Additionally, Lunex Network has an aggregation protocol that scours the net to offer the cheapest rates possible. With a payment gateway making crypto to fiat onboarding easy and smooth, it even gains appeal for B2B applications.
In terms of investment, Lunex Network is deflationary in nature, a feature that helps sustain its value in the long term. It also operates a revenue sharing mechanism that creates an avenue for steady income for its holders.
As such, smart investors are realizing what a gem Lunex is, explaining why they are rushing to its presale in droves. Available now for $0.0048, it offers stupendous gains for anyone who takes a leap with it right now.
Is Ethereum price set for a new all time high?
Legend has it that Ethereum price peaks weeks after Bitcoin hits an all time high.Since Bitcoin crossed $100K, Ethereum price’s highest level was just about $4,000 and this is $500 shy of its all time high of $4,500.
In essence, analysts believe that Ethereum is not done yet, even though the market went through a correction in recent days. The belief is that the market would bounce back soon, and when it does, Ethereum would go on an explosive rally and potentially hit a new all time high.
Monero keeps thriving in the face of rampant volatility
Monero is a privacy-focused cryptocurrency with anonymous transactions and an opaque blockchain. This feature was championed in the past but it is the reason Monero now has negative publicity. As a result, XMR hasn’t had much growth in recent years.
Like Ethereum, Monero appreciated stellarly in November, but surprisingly, it seems to be holding on despite rampant volatility. This suggests XMR’s fortunes could be about to change for the better. And that’s why analysts are expecting it to moon after in the upcoming bull run.
Conclusion
Ethereum is a blue chip asset that serious investors would normally hold on to. But it always pays to diversify. Unfortunately, despite the feeling Monero could turn things around, it’s better to approach with great caution.
Lunex Network, on the other hand, is more positioned to moon in the new year. It offers a clear and valuable use case, and with an attractive entry price of $0.0048.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
