Experts Foresee Bullish Wave for Tron and Toncoin While Projecting 50x for This Lunex Network DeFi Coin
The crypto market has witnessed massive rallies in the past week ahead of the bull season, with Bitcoin breaking a crucial resistance zone. Popular market analysts such as Crypto Rover believe the altcoin season is so close as crypto platforms continue strengthening their networks ahead of the bull season.
Tron, the popular blockchain, is set to integrate the Chainlink data feed as its official Oracle solution as Toncoin continues to show signs of imminent breakout. The upcoming crypto project, Lunex Network presale, has witnessed massive adoption, driven mainly by the DeFi exchange, which will solve major issues people encounter in exchanges.
Lunex Network DeFi Exchange Set To Rival Uniswap
Lunex Network is a next-generation Web3 DeFi crypto exchange that allows instant trading and swapping of cryptocurrencies without the need for an intermediary at the lowest fees. The trading exchange prioritizes anonymity, given that users do not need to undergo rigorous KYC processes or connect wallets like MetaMask or TrustWallet.
At the Lunex Network ecosystem, users will be able to spot trade over 50,000 crypto pairs across multiple blockchains at the lowest fees. Using the Lunex Network DeFi crypto wallet, users will be able to buy, sell, and swap cryptos all from one account. One of the amazing things is the portfolio tracker, which allows traders to track multiple assets like cryptos, bonds, etc.
Another unique feature of the project is the profit-sharing model, which is designed to allow the team to use part of the revenue generated from the platform to buy LNEX tokens from the open market. From there, 50% is shared among users who stake their tokens, and the remainder is used as a reward model for the community.
To pay the listing fees, the LNEX token is expected to witness increasing buying pressure in the coming months, which will boost the price. At $0.0019, holders have the opportunity to grab the LNEX token at stage 5 of the presale. With the huge demand for the token, as seen with the over $1.6M raised so far, the token is expected to hit 50x in Q4.
Tron Network Set To Integrate the Chainlink Data Feed
Tron, the popular decentralized blockchain platform, is set to integrate Chainlink Data Feeds as its official Oracle solution. This move will bring Trons defi $6.96B TVL under Chainlinks security infrastructure.
Announcing the move on X, Justin Sun, the founder of Tron, believes that integrating LINK into the Tron ecosystem would create opportunities for Tron stable coins and real-world asset (RWA) applications. Meanwhile, Trons price has gained 7% in the past week, establishing support above the $0.16 mark per CoinMarketCap data.
However, the Tron market cap and trading volume have dipped in the past day, triggered by the slight market correction. According to BassFace Trader, a market analyst on X, Tron is about to hit a new all-time high. In an earlier analysis, the expert projected Tron to rise towards the $0.18 mark in the short term. If Tron is able to flip the $0.17 resistance, it could hit the mark soon.
Toncoin Price Expected to Soar to $8 in Coming Weeks
Toncoin (TON), a Telegram-based crypto coin, has been in the consolidation zone recently. Current data from CoinMarketCap shows that Toncoins price has declined by 11% in the past month and 5% in the past 7 days. Also, the Toncoin trading volume and market cap are down, aligning with a bearish trend by many coins.
An analyst on X Coin Corner thinks that Toncoin will explode in the coming weeks. The analyst noticed that the Toncoin price has failed to break the critical $5.37 level in the past month, indicating an impending sharp price move. With Toncoin stocks moving from short to medium-term holders, the analyst believes a break above the $5.37 mark could push the TON price to $6.
Meanwhile, the Toncoin Market sentiment is bearish, with the coin trading below the 50-day SMA, as per Tradingview. While the fear and greed index is greed (69), the volatility is 2.95.
Which Coins Should You Look to During This Bull Cycle?
The current bull cycle is the perfect opportunity for crypto enthusiasts to add high-yield coins to their portfolios. While Trons latest developments could fuel a rally, Toncoin is set to break out anytime for now. However, for those looking for cryptos that could flip 50x easily, Lunex Network could be a better option. Backed by a unique DEX, LNEX could hit $1 before launch.
For more on Lunex Network and its cashback offer, visit
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Text source: ZyCrypto
