1 month ago
22
The crypto market is extremely hot right now, thanks to Donald Trump’s election victory. As a result, a huge chunk of the market is in bullish territory. Bitcoin crossed a new ATH above $96,000. Ethereum didn’t hit a new ATH but it’s on its way up after registering a strong rally.
Even Hedera, a lesser known crypto project, and Lunex Network, a newbie in the crypto landscape, are earmarked for massive price gains. But which of these tokens would fetch new investors the biggest profits?
Lunex Network capitalizes on crypto frenzy
Lunex Network is a hybrid Web3 exchange that is hitting all the pain points of DeFi traders. Firstly, it allows cross chain swapping of crypto assets. Defi traders don’t need to hop from one blockchain ecosystem to another to trade anymore. They can easily swap over 50,000 token pairs across 40 different blockchain networks on Lunex Network.
Secondly, they also get access to the cheapest exchange rates possible on Lunex Network, thanks to its aggregator protocol. A staking reward of 18% APY, deflationary tokenomics, and easy useability are other attractive features that have placed Lunex on a high pedestal.
With the crypto frenzy hitting a feverish pitch, there’s an increasing need for DeFi traders to get access to rare crypto tokens at the cheapest rates possible, and Lunex Network easily provides this service. As a result, the trailblazing token is set to go viral and go on a meteoric price rise.
ETH ETF inflows hit $9.15 billion
Ethereum's prospects have brightened considerably in the wake of Trump's election victory. The cryptocurrency market anticipates a more crypto-friendly regulatory environment under the new administration, and this has caused a massive inflow of funds into ETH ETFs.
Over half a billion dollars worth of funds flowed into ETH ETFs in the last fortnight, bringing the total assets for Ethereum to $9.15 billion. But this is not the end. Experts believe more funds will keep flowing into ETH ETF, and the ripple effect is expected to bolster Ethereum’s price for the foreseeable future.
Hedera price dips ever so slightly after strongest rally of the year
In the weeks following Trump’s victory, Hedera appreciated by more than 100%. HBAR rose from sub $0.05 levels to hit a high above $0.15. This was its strongest performance for the year, and it was accompanied with daily trading volumes of over $2 billion.
However, things seem to be slowing down of late. HBAR now trades a tad below its $0.15 high, and investors are concerned HBAR won’t maintain the current momentum. A correction or consolidation could also impact the Hedera price in spite of the crypto market’s all round bullish sentiment.
Conclusion
Many people have Ethereum in their portfolio already and Hedera wouldn’t be a bad investment choice either. But for the best returns, Lunex Network is the best option.
Savvy investors acknowledge Lunex Network’s growth potential, and they are rushing its crypto presale in droves. That’s why the Lunex presale is red hot right now. With $2.8 million raised barely a month after its debut, and an attractive entry price of $0.0031 per token, there’s a good chance Lunex rides the current crypto wave and net early investors a massive ROI!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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