While the crypto market continues to have neutral momentum, Bittensor (TAO) and Sui (SUI) have captured significant attention. These projects, seen as powerhouses, both lead the altcoin market with their triple-digit monthly growth.
However, the real game-changer on the horizon is Lunex Network (LNEX), which promises a staggering 100x crypto potential. As the fourth quarter of 2024 unfolds, analysts predict Lunex Network could mint a new generation of crypto millionaires.
Lunex Network makes crypto millionaires through the DeFi revolution
Lunex Network sprouts as a multi-chain DEX with the potential to revolutionize DeFi. Day after day, users are migrating out of centralized exchanges because of security risks and asset restrictions. However, Lunex Network offers its users over 50,000 multi-chain currency pairs, with no wallet connection required and no custody involved.
By utilizing an automated market maker model, Lunex Network ensures all trades are done through a liquidity pool rather than traditional order books. Investors can even provide liquidity and earn LP tokens to possibly make millions from trading fees and cashback revenue.
Additionally, staking $LNEX offers participants an opportunity to earn passive income with an impressive 18% APY. By committing to a minimum staking period of 30 days, investors can see their portfolios grow without jeopardizing their initial APY rate.
Bittensor (TAO) price target: $2,000 by year-end, 214% increase predicted
Bittensor (TAO) has surged by 154.4% in the past month, fuelling its market cap past $4.5 billion. This triple-digit performance has drawn attention from both the AI sector and DeFi industry. Among the top 100 cryptocurrencies, TAO is one of the few to register 20 green days in the past 30 days.
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Price predictions suggest that TAO could reach $2,000 by year-end, marking a 214% increase. Despite a slight 8% dip at the beginning of October, TAO’s strong RSI allowed it to recover. Community sentiments around TAO continue to grow bullish following Bittensor’s v8.0.0 update. With ultra-fast performance upgrades, rewritten from the ground up and based on asyncio, TAO could sustain its rally throughout October 2024.
Sui (SUI) SCION security boosts ecosystem
In the past month, SUI has recorded an impressive 110.65%, making it the number 1 trending crypto on CoinMarketCap. SUI’s weekly volume also grew 177% to over $1.2 billion, the 8th highest in October. These growths are responses to growths within the SUI ecosystem, particularly the SCION security measure.
After trading 241% above its 200-day SMA, SUI continues to attract new investors and users to its network. Analysts are optimistic, predicting that SUI could grow another 220% within the next 30 days. This is in addition to the 19.94x ROI since SUI’s initial listing of $0.1. With the ability to handle high transaction volumes, SUI is positioning itself as a future leader in Web3 innovation.
Conclusion
The explosive growth of Bittensor (TAO) and Sui (SUI) signals a transformative period for the crypto market. However, Lunex Network (LNEX) is founded on a DeFi market that has a compound annual growth rate (CAGR) of 43.8%. At $0.0013 per token, investors have the advantage of an early stake in a 100x crypto.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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