There is widespread optimism about cryptos as the market is now in a bull season. Some experts say that while the market is undergoing a correction, Avalanche (AVAX) could reach $80 in this bull cycle. The same applies to Sui (SUI), which has already gained significant traction, primarily due to its DEX trading volume exceeding $32 billion.
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Avalanche (AVAX) Battle With Bears, Struggles At Key Resistance Level
There is a profit of 19.0% on the 7-day chart and a gain of 62.6% on the 30days timeframe. The coin’s market cap is consolidating between $13 billion and $19 billion on the 7-day chart.
Sui (SUI) Retains Bullish Trend on Higher Timeframes
However, the Solana Killer is still living up to its name. Sui has profits of 6.2% on the 14days chart and 78.4% on the 30days level. In addition to price gains, other on-chain metrics have seen massive growth.
Lunex Network (LNEX) Could Reshape the Future of Crypto Trading
Another strength of the platform is the lack of requirement for users to undergo the KYC process which stands for ‘Know Your Customer’. Lunex is quite unique compared to other platforms; it doesn’t require the user to provide identification and thus trades anonymously. This is suitable for traders who would like to keep their business very private and personal and would not wish to share their details with third parties.
Also, Lunex functions based on a special system of revenue sharing. A certain percentage of the earnings are used to purchase $LNEX tokens from the market to decrease the circulating supply and make the token more valuable; 50% of the earnings are paid to stakers in rewards with up to 18% APY. The remaining revenue is kept for further platform incentives, creating a sustainable and rewarding ecosystem for all users.
Final Thoughts
Avalanche (AVAX) is aiming for $80 while Sui’s (SUI) on-chain indicators, like the trading volume, have skyrocketed. Meanwhile, Lunex Network is gaining more traction with its ongoing blockchain ICO. Analysts expect gains to follow in the coming weeks.
You can find more information about Lunex Network (LNEX) here:
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