Cardano has recently appreciated somewhat, overtaking Avalanche in the top 20 coins with the biggest market cap ranking. This is because the AVAX price has lost its edge and is seriously struggling. It is now losing investors to projects like Lunex Network. Lunex Network has accumulated serious interest in the short period it’s been live, and investors are confident that it will bring them decent gains. Read on to find out why.
Lunex Network onboards massive influx of fresh investors
Lunex Network is a presale ICO that is currently in stage 4 and available for $0.0019 per token. Due to its massive potential for growth, loads of investors are jumping on its bandwagon. Even though it was launched not long ago, the Lunex presale has raised over $1.5 million already, and millions of tokens have been snatched up.
The reason? Lunex Network offers an innovative product with enticing features. It is a hybrid crypto exchange, proffering solutions to issues that decentralized and centralized exchanges battle with. This means that Lunex is easy to use, non-custodial in nature, and offers access to a plethora of trading pairs.
Lunex users can trade 50,000 crypto pairs across over 40 blockchain networks. This ability is rare, even in the DEX landscape. Coupled with a crypto-fiat onboarding payment gateway and an aggregator protocol that ensures users get the cheapest rates, there’s little doubt that Lunex will capture a chunk of the exchange niche of the crypto market.
BNB is the 4th largest coin by market cap, and it represents the Binance exchange and trading network. Since Lunex Network offers improved benefits compared to CEXs like Binance, imagine how high Lunex will soar by the time it hits the spotlight!
How Cardano outpaced Avalanche
Cardano and Avalanche are both top ecosystems that offer easy launch of decentralized applications. But in recent times, Cardano appears to have leapfrogged Avalanche. As of the time of writing, ADA is number 11 on Coinmarketcap with a market cap of $12 billion. It ranks higher than AVAX, which has dropped to 13th with a worth of $10 billion.
Neither token has performed brilliantly recently, but Cardano hasn’t depreciated as terribly as AVAX. ADA also had a little bullish run of late. This explains why it overtook AVAX. Both tokens are struggling though, and are in much need of bullish crypto market sentiments to lift them up.
AVAX price yearns for a bullish crypto market
AVAX price has been depreciating in a worrying manner since it dropped from a high of $60 in March. Today, the cryptocurrency trades at the $25 price level, having been impacted by several price corrections and market volatility.
Experts believe only a bullish crypto market can resuscitate the struggling crypto. Until a bull market comes along, the AVAX price will likely keep struggling.
Conclusion
Given that AVAX and ADA are finding it hard to make headway, the sensible decision any smart investor would make is to go in on Lunex Network. It powers a rapidly growing crypto platform that is bound to the top. And experts believe that it could fetch early investors humongous gains in excess of 100x by the time it gets listed on other exchanges.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
