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Sometime in October last year, the price of Avalanche (AVAX) was still around the $10 mark. While the price seemed sluggish initially, a DeFi strategist considered the long-term potential of the altcoin. Amid traders’ and investors’ skepticism, the value of Avalanche (AVAX) began a gradual ascent in November 2023 and climbed up to $60 in March 2024.
Meanwhile, this DeFi strategist predicts that Chainlink (LINK) and Lunex Network (LNEX) could follow a similar price trajectory. Although Chainlink (LINK) is already actively traded in the market, Lunex Network (LNEX) is undergoing its presale but is already gaining wide attention, having raised over $540,000 in its first 2 weeks.
Lunex Network (LNEX): Your One-Stop Shop
Lunex Network is an innovative DeFi protocol that aims to make decentralized finance not only easily accessible but also simple to use and cost-friendly. Allowing users to perform a variety of transactions including storing, trading, swapping, and staking of coins across over 40 different blockchains, Lunex Network saves users the stress of navigating across platforms to transact.
Moreover, Lunex Network allows users to engage in every standard DeFi activity, including mining, lending, and borrowing, among others. And interestingly, all these are done in one place – the Lunex Network platform! Amid the variety of activities permitted, Lunex Network ensures to safeguard the funds of users. Moreover, the Lunex Enclave technology is employed for this.
Users can quickly scan a private key string or seed phrase within the app, and the non-custodial wallet provides a secure backup to Apple iCloud which permits users to access their iCloud wallet on a different device but with the same password. Lunex Network makes DeFi less stressful. Moreover, for just $0.0013 apiece, the LNEX token is in stage 2 of its presale.
Avalanche (AVAX) Price Chart Analysis
The Avalanche (AVAX) price has jumped more than 150% from $10 to $26 over the past year. Avalanche (AVAX) climbed to $48 in December 2023; following which the altcoin lost bullish pressure and started to fall. The altcoin dropped and in January 2024 it came to $30. By now bulls are in control, and Avalanche’s (AVAX) price recovered once more to $60.
By now the bulls lost control once more, and this time the bearish momentum refused to stop as the Avalanche price made lower lows and lower highs until the altcoin dropped to $20 in August 2024. However, the bulls held the support at the $20 level.
This resulted in a bullish continuation for Avalanche (AVAX). Moreover, from the $20 mark, the altcoin began to make a gradual ascent with higher highs and higher lows but is still on course to possibly the $40 mark, as observed on the Avalanche price chart.
Chainlink Price Chart Analysis
The Chainlink price jumped over 44% from $7.6 to $11.1 over the past year. Rising to $21 in March 2024, the Chainlink price dropped a little below $13 in May due to growing bearish pressure resulting from the bulls failing to cross the $21 resistance level. But soon after, Chainlink (LINK) went from $13 to $18 same May.
Still, the bulls encountered a major obstacle once more that caused Chainlink’s (LINK) price to return to the $13 support. But following a short period of consolidation, Chainlink’s price dropped even more until August’s $10 mark was reached.
The community attitude of Chainlink (LINK) is still positive in spite of price direction uncertainty. The Chainlink price chart shows, meanwhile, that the altcoin showed a sequence of higher highs and higher lows and rose by more than 7% over the last month. Holders thus keep hope since they expect a notable comeback.
Lunex Network Attracts Chainlink and Avalanche Investors
Amid the notable price swings displayed by Chainlink (LINK) and Avalanche (AVAX), Lunex Network is attracting investors from both communities with its enticing features and benefits. Meanwhile, the LNEX presale is making rapid sales and the price is anticipated to surge by over 200% before the presale concludes.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex Network
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