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The Sui (SUI) network has seen remarkable growth in the past four months, surging by more than 700% since August 5. This is due to its fast, private, and secure asset transactions, which offer direct competition to Solana (SOL) as the cheapest and fastest L1 chain. Analysts hint at a possibility of Sui reaching $18 and dethroning SOL as the best-performing token in the top 20.
Similarly, the BNB price has been hovering within a defined range, which indicates buyers could potentially accumulate the token. If the BNB token could bounce off its critical resistance zone around the $662 mark, it would validate the bullish momentum, rendering a potential 150% price increase. Meanwhile, the Lunex Network ICO has been singled out to net 10x returns in Q4 as the market picks up steam and hype.
Lunex Network’s Staking Reward Impresses Investors
Lunex Network (LNEX) has seen considerable interest due to its innovative, unique features that solve some of the biggest DeFi challenges, including liquidity. It introduces an aggregation protocol that sources liquidity from multiple exchanges, even splitting one trade into several DEXs to ensure the best prices. Moreover, it has a smart contract that verifies transactions to ensure that trades are made accurately.
Moreover, it offers real passive income through a revenue share model. Early adopters can maximize their passive income when they stake their LNEX tokens for as much as 18% APY within 30 days. Once the presale ends and LNEX is live in the open market, the platform will start buying LNEX using a portion of its revenue from subscriptions and trading.
It will then redistribute the purchased tokens to those who have staked their tokens so they can continue to generate passive income. Lunex prepares to enter the DeFi market, which is expected to explode to USD 231.19 billion by 2030. Grabbing even the smallest share of this market could increase LNEX’s valuation exponentially. Currently, LNEX tokens are available at a low price entry point of $0.0031, with projections of surging 10x by end of year.
Sui Price Encounters Resistance At $3.77 and $3.93 Level
Despite a price decline after a network outage, SUI price has hovered within a bullish trend. The token encountered resistance around the $3.77 and $3.93 range, indicating that these levels are significant sell-off zones. If the price of SUI bounces off and breaks out around these levels, it could push the altcoin value to the $5 level. Any additional gains could push the SUI token towards the $7.
Notably, its technical structure aligns with this upward sentiment. Sui’s relative strength index has been hovering around the 57 mark and is headed downward on the 6-hour chart. This indicates that the asset is losing buying pressure, which might render a short correction that could push its value downward. SUI price will likely find support around its current value or lower around the $3.12 mark.
If SUI bulls manage to control the market and break the overhead resistance first, the price of SUI could rally to $5.23. It’s on the brink of a breakout as room for consolidation has elapsed. The asset has enough fundamentals to burst the current overhead resistance. However, investors should be cautious as SUI’s bullish sentiment could turn bearish if the bears exert strength.
BNB Price Prediction: Could It Reach $1,630 Level?
Meanwhile, the BNB coin has witnessed notable upward movement between the $594.55 and $624.25 range in the past week. Despite its bull run, the token is roughly 13% below its all-time high of $720.67 five months ago. Its relative strength index has been increasing and around the mark. Its moving average convergence/divergence (MACD) is positive, indicating a shift in sentiment.
Notably, BNB’s Chaikin Money Flow (CMF) indicator also signals an uptick, standing at 0.12. This further reinforced the buying pressures as traders continued to accumulate the token. Per Ali Martinez’s prediction, the BNB token could witness a massive rally towards the $1,630 mark if it can sustain the $662 level.
Traders closely monitor this level as they wait for a decisive move in the market. The crypto market remains volatile, and predictions like Martinez’s will heavily depend on favorable market trends. In any case, the potential upside for the asset has sparked excitement among traders and investors.
Best Token To Buy This Year
As Sui and BNB coins stretch out values amid broader market rallies, the Lunex Network presale represents an intriguing opportunity for short-term and long-term profits. The project is emerging as the go-to platform for anyone wishing to make high returns and reliability in the DeFi market.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex Network
Socials: Join Lunex’s Growing Community
*This article was paid for. Cryptonomist did not write the article or test the platform.