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Floki and Lunex Network Continue The Altcoin Rally As Avalanche Sees Declines

Floki and Lunex Network Continue The Altcoin Rally As Avalanche Sees Declines
© Copyright Image: ZyCrypto

Floki Inu and Lunex Network lead the altcoin rally as the Avalanche rally loses steam. Lunex Network, in particular, has attracted considerable interest, with nearly over $5 million raised in its ongoing presale, indicating higher industry confidence. As the presale attracts more buyers, Lunex Network positions itself as an altcoin contender.

Floki Inu Soars 80%: A Strong Contender in the Meme Coin and Crypto-Gaming Space

Floki Inu has jumped by over 80% within the last month, leading the large-cap meme coin market. The price has had minor corrections recently, with Floki Inu trading at $0.000232.

Floki Inu is among the few meme coins with some utility despite a neutral weekly pattern and a 3% drop during the last twenty-four hours. Its ecosystem includes Valhalla, a metaverse game drawing a lot of interest and placing Floki Inu at the cutting edge of the crypto gaming fever.

As reported by analyst The Cryptomist, Floki Inu has been held by a short-term descending trendline with lower highs indicating resistance. A breakout and retest can push Floki Inu back to its all-time high of $0.000346, offering further upside to patient holders.

Avalanche (AVAX) Could Reach $90 by 2030

Avalanche (AVAX) trades for $50.03 on CoinMarketCap and has a $20.80 million market cap. The Fear and Greed Index stays at 65, suggesting optimism in the market. Avalanche has had eighteen green days and displayed 8.43% volatility over the last month.

In November, Avalanche experienced a surge in transaction volumes, reaching $566 million. A 5.52% reduction in dormant wallets indicated increased network activity and user engagement.

With a global crypto market cap close to $3.6 trillion, Avalanche has carved out a 0.41% share. Looking forward, projections differ, but optimism abounds. Coincodex experts project Avalanche to climb to $63.40-$80.24 by 2030, while Changelly projects $70.04 to $74.85 by 2025, possibly jumping to $221.39 by 2030.

The conservative estimate from Ambcrypto.com is between $68.15 and $92.23 by 2030. Even with varied predictions, Avalanches innovative ecosystem and strong fundamentals keep it poised for long-term growth.

Lunex Network: Transforming DeFi with Seamless Cross-Chain Trading

Lunex Network is revolutionizing DeFi by bridging isolated blockchains into one streamlined protocol, enabling lightning-fast trades across 50,000 assets. Supporting major chains like Bitcoin, Ethereum, Solana, and BNB, it offers competitive swap rates and unmatched simplicity for users at every level.  

Lunex Network eliminates complex onboarding like KYC registration requirements, allowing users to trade effortlessly. Select the asset, provide the receiving address, and confirmthe process is simple. The Lunex Pro subscription offers perks like cashback rewards and AML wallet checks for added security and convenience for those seeking advanced tools.  

Beyond trading, Lunex Network provides a robust DeFi wallet and portfolio tracker to manage diverse assets, including crypto, stocks, and bonds. This holistic approach caters to users looking for a full-scale decentralized exchange experience.  

Businesses can also benefit from Lunex Networks B2B payment gateway API, which bridges blockchains for efficient crypto-to-fiat conversions at optimal rates. This feature opens the door for seamless crypto payments in the business world.  

For $LNEX token holders, the platform offers up to 18% APY through a revenue-sharing model, distributing weekly profits.  

Currently priced at just $0.0038 in its presale, Lunex Network has already raised nearly $5 million. With half the supply available and predictions of a 2000% rally, Lunex Network is attracting attention as a top contender in the DeFi space.

You can find more information about Lunex Network (LNEX) here:

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.

Read more: https://zycrypto.com/floki-and-lunex-network-continue-the-altcoin-rally-as-avalanche-sees-declines/

Text source: ZyCrypto

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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