While Bitcoin Cash and Ethereum Classic have left investors frustrated with underwhelming performances during the ongoing crypto bull run, there has been a collective success for most altcoins. Lunex Network is stealing the spotlight with remarkable growth, outpacing Bitcoin Cash and Ethereum Classic. Offering cutting-edge features like non-custodial asset control, advanced staking options, and seamless interoperability, Lunex Network has emerged as a promising alternative.
Could Bitcoin Cash Hit $600 This Year?
Bitcoin Cash (BCH) is well-known as Bitcoin’s practical alternative. This altcoin places efficiency and usability above prestige. Bitcoin Cash is currently selling at $551, up 65% from last month. Bitcoin Cash is a decentralized payment method that attracts companies or users seeking to avoid the high charges of conventional payment systems.
Institutional inflows into crypto climbed to $3.13 billion this month, largely from Bitcoin ETFs. This influx has boosted Bitcoin Cash’s performance. Although Bitcoin Cash had difficulty breaking the $595 resistance level last week, its real-world utility continues to push it over the limit in the decentralized payment space. More businesses will likely begin accepting crypto-friendly payments, so Bitcoin Cash might continue its upward trajectory.
Ethereum Classic’s Price Grows By Over 100%
Ethereum Classic (ETC) has performed remarkably in Q4, with a 109% increase during the last month. The coin soared 14% in the last twenty-four hours largely because of more whale activity. Social media metrics for Ethereum Classic also reached a peak this year.
Ethereum Classic recently reached a six-month high of $36 but faces resistance at $37.38 & $39.78. The 20-day EMA crossing above the 50-day and 200-day EMAs indicates an upward trend might continue. Nevertheless, with the RSI at near 64, a short-term pullback is possible. Bitcoin’s price will be crucial, as Bitcoin’s bullish momentum might push ETC above $40. If Bitcoin slows, ETC might revert to $31-$32.
Though its reputation has fallen lately, Ethereum Classic is a safe investment choice. Ethereum leads the layer-1 blockchain space but Ethereum Classic can not compete directly. Nonetheless, Ethereum Classic still has potential and might provide a 2-5x return for brand-new investors.
How Lunex Network Revolutionizes User Experiences in Crypto Trading
Lunex Network (LNEX) connects various blockchains and offers a non-custodial exchange for immediate crypto swaps and transfers. Unlike many exchanges that require several KYC steps for token conversion and wallet transfers, Lunex Network enables users to trade in a single, fast, and anonymous way.
Lunex Network also allows users to build up portfolios of over 50,000 cryptocurrencies while keeping an eye on their investments via a non-custodial wallet The platform is well placed to benefit from the burgeoning DeFi sector which is anticipated to reach $337 billion by 2030.
With $LNEX tokens going for $0.0038 during the continuing presale, the time is right to invest. Early buyers of $LNEX at $0.0012 have reaped over 200% returns in profit. The Lunex Network presale has raised more than $4 million, a huge show of investors’ confidence. Experts project that $LNEX might surge 2000% before the presale ends as demand for the $LNEX token increases.
Lunex Network is a hidden gem in the world of crypto trading. Lunex Network (LNEX) is not just another DEX — the platform is the potential future of decentralized trading and is offering low fees, security, and privacy to traders worldwide.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
