The current bull cycle appears to be far from over considering the sustained bullish momentum across the crypto market. Notably, top cryptocurrencies like Near protocol (NEAR) and Litecoin (LTC) have made quite some progress in the past month with both registering over 60% price surge.
However, established altcoins are not the only beneficiary of the current bull market as there has been a growing interest in the presale market. Specifically, fast-rising presale stars like Lunex network (LNEX) have gained recognition for their innovation and rapid adoption. With nearly $5M raised so far, Lunex Network has been projected to complete a 100x price rally during this bull cycle.
Lunex Network’s Rapid Presale Progress Attracts Growing Interests
Given its rapid progression in the presale market, Lunex Network (LNEX) has become a centre of attraction for many crypto investors. However, more importantly, Lunex network is gaining recognition because of its innovative DeFi iteration that streamlines the transaction processes involved in cross-chain crypto transactions. Essentially, the DeFi platform allows users to swap and transfer over 50K crypto assets in a single process.
Beyond the ease of transaction, Lunex Network ensures that users do not require any KYC nor third-party wallets, thus enhancing both security and convenience for all users. Moreso, the DeFi protocol adopts a revenue-sharing mechanism that allocates a portion of the platform’s revenue to active community members and token holders.
Furthermore, Lunex Network aims to revolutionize the DeFi market by providing RPC nodes for Web3 development. This distinct innovation, coupled with its institutional-grade B2B merchant payment gateway and portfolio tracking features has bolstered investor confidence in its ability to actually rally 100x this bull run. Currently, $LNEX, Lunex Network’s native token is currently selling at $0.0038 per token, with projection to reach $0.50 this bull cycle.
Near Protocol Attempts to Stabilize Above $8 Amid Price Rally
Near Protocol (NEAR) ranks among the list of top crypto gainers during this bull cycle, having surged from a monthly entry price of $4.3 to briefly trade above the $8 price mark. Although, NEAR token is now trading slightly below this mark with a weekly price range of $6.6 and $7.1, it has made a significant move to the upside in the past month.
While it attempts to stabilize above the resistance level at $8, Near protocol’s technical analysis suggests that the recent retracement is a minor setback. Notably, NEAR token’s moving averages, including its 20, 100, and 200 SMA and EMAs signals a strong buy which ultimately suggests a sustained bull momentum.
As a result, NEAR price is projected to soon surpass its previous year-to-date high of $8.8 and possibly revisit the all-time high price of $20.4.
Litecoin Registers Yearly ATH, Maintains Bullish Momentum
Like Near protocol, Litecoin (LTC) has also recorded quite an impressive price movement in the past month, registering about a 70% increase in the past month. While the recent surge contributed significantly to LTC token’s year-to-date price recovery, it also pushed it to register a new YTD ATH around $144.
Currently trading within a weekly price range of $119 and $125, Litecoin price reflects slightly above nearly 2% increase, a modest increase compared to the previous week. Meanwhile, the recent price surge has further bolstered investors’ confidence as 85% of over 23K Coinmarketcap community members voted in favor of a bullish price trajectory.
This positive sentiment, coupled with bullish technical metrics including 50, 100, and 200 EMA and SMAs points at a sustained momentum. If that be the case, LTC price could push above the next resistance level around $257, and eventually surpass its ATH price of $412 in the near future.
Can Lunex Network Outpace Litecoin and Near Protocol?
Both Litecoin and Near Protocol have had a fair run during the ongoing bull market. However, with projections for a sustained bullish momentum, these top altcoins are expected to perform even better in the coming weeks, potentially securing more gains for token holders.
While this is not only true for established altcoins alone, fast-rising presale stars like Lunex network have also been tipped for enormous price rally. Besides its ICO status which makes it a more stable choice for long term investors, Lunex Network’s institutional features also positions it as a major contender during this bull cycle.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
