Over the last few weeks, two new projects have been gaining a lot of attention from crypto investors: Lunex Network (LNEX) and Gigachad (GIGA). Their prices have increased in the past week and could go higher if they maintain the uptrend.
LNEX might just be the best crypto to buy now as it closes in on an 18x ROI. However, Sui (SUI), which was among the best-performing coins, is experiencing bearish pressure. The altcoin chart is actually indicating that it might be forming a death cross, which may push its price lower.
Lunex Network (LNEX): The Best Crypto Investment in the DeFi Space
Lunex Network (LNEX) is quickly gaining popularity among investors as the best platform for DeFi services. In contrast to the other DEXs and CEXs, Lunex Network is starting a new chapter of simple cross-chain exchange. Within a few weeks of the presale, Lunex Network has managed to raise more than $1.2 million.
The price of its token has increased by more than 40% from the price to reach $0.0017. Some experts even estimate that early investors could earn an ROI of more than 18x before the presale is complete. Meanwhile, Lunex Network’s merchant payment gateway allows businesses to accept cryptocurrencies as a form of payment and has cross-chain trading capabilities.
Thus, Lunex Network allows users to convert digital assets into fiat currency right after each transaction in order to encourage real-world usage of the new DeFi protocol. But that is not all. Lunex Network is also providing an exclusive Black Card to only 500 VIP tier presale holders. This Lunex Card enables a trader to convert cryptocurrencies to fiat money at any location globally.
In addition to the black card, the presale holders of Lunex Network can also begin their staking of tokens and earn a passive income in return. Thanks to the revenue-sharing model of Lunex Network, traders can get high staking returns with up to 18% APY within the shortest time of 30 days.
Gigachad (GIGA) Price Skyrockets As Buying Momentum Increases
Gigachad (GIGA), a Solana-based memecoin, is on fire right now. The Gigachad coin is among the best performers in Uptober. GIGA achieved 21 green days out of the 30 days, an evidence of the growing bullish presence in the market.
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According to CoinMarketCap, Gigachad (GIGA) has increased by 43.5% on the weekly chart and 197.7% on the monthly chart. In addition, GIGA’s technical indicators prove it has enough potential to reach new heights in the upcoming weeks.
The 14-day RSI of the Gigachad token has entered the overbought region, a sign that bulls are in the market. With this massive increase in buying momentum, analysts forecast the value of the Gigachad crypto could soar to $0.079629 in the short term and $0.200247 in the long term.
Sui (SUI) Risks Forming a Death Cross
In the last three months, Sui (SUI) has been one of the most bullish altcoins. According to data from CoinMarketCap, the Sui crypto skyrocketed by more than 200% over the last 30 days to set a new all-time high at $2.35.
However, since the ATH, the Sui coin has faced strong bearish pressure, leading to the altcoin price dropping as low as $1.90. Vladislav Hryniv has explained in a recent post that the current trend of SUI is bearish and could lead to the formation of a death cross.
Hryniv predicted that if this crossover happens, the Sui coin may face a correction, with support levels at $1.74 and $1.60. A drop below $1.80 will ignite the beginning of the downtrend for
The Rise of Lunex Network and Gigachad (GIGA)
The rise of Lunex Network and Gigachad (GIGA) shows how quickly the crypto market is changing. Analysts believe new players like Lunex Network are well-positioned to take over as Sui (SUI) risks forming a death cross. For those who are looking for the best cryptocurrency to buy, Lunex Network is the name.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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