As 2024 draws to a close, some of the leading altcoins in the crypto industry are gaining more and more bullish momentum. Cryptocurrencies like the Cardano token have reached two-year price highs in a matter of months, but how far can the uptrend go?
Similarly, Tron remains bullish despite a notable price retest that saw it lose up to 30% of its peak price in a matter of days. On the other hand, the Lunex Network (LNEX) presale is solidifying its already growing popularity and recently recorded another significant milestone.
Bullish Analysts Hope Cardano Will Reach $12 Market Target
Since early November, Cardano (ADA) has been on a long bull run. As you can see from the Cardano price chart on CoinMarketCap , the token has risen in price by more than 93% over the past month . Cardano’s price growth during this period of time has exceeded the $1 mark for the first time since April 2022.
Reacting to the significant rise in the Cardano cryptocurrency , CryptoELITES, a crypto analyst at the X platform, believes that the token could reach the $12 mark. The analyst made this announcement in a post on X , showing a chart of how the Cardano token could reach the $12 target.
Ali Charts , another leading analyst, suggested in a tweet that ADA token could reach $4-$6 in the near future as it follows the 2020 pattern. Despite the small price retest, Cardano has maintained support above the $1 mark. The 30-day SMA is at $0.980, signaling a healthy price trajectory ahead of a potential bullish extension.
Tron Token Retests Price After Setting New ATH
On December 4, Tron rose to $0.44, setting a new all-time high. This came after Tron’s price had risen more than 158% in a month , according to CoinMarketCap . However, during the retest, the Tron token briefly lost about 30% of its peak price.
Statistics show that the market has since started to recover as the Tron token seeks support above the $0.30 threshold. The token maintains its place in the top 10 tokens by market cap with a valuation of $26 billion. According to Crypto Druggist , Tron’s price is getting out of control, which could lead to a retest of the $0.42 mark in the coming days.
With Tron’s 30-day simple moving average (SMA) at a healthy $0.23, the short correction window has created an opportunity for investors to buy into the token’s buy zone ahead of a likely bullish momentum. Given the bullish market sentiment and growing market activity, Tron is poised to approach $1 before the altcoin season ends .
Lunex Network Revolutionizes DeFi Transactions
Lunex Network (LNEX) is entering the DeFi space with a clear goal of making transactions seamless, secure, and cost-effective. The project has advanced trading features that allow traders to spot trade over 50,000 cryptocurrency pairs across chains while maintaining a high level of privacy. Unlike other KYC-verified exchanges, Lunex Network does not require KYC verification or wallet linking.
Investors are rushing to invest in the Lunex Network project because individuals can earn passive income through the staking and revenue sharing model. So far, the Lunex Network presale has raised over $5 million in the crypto ICO , with over 2.2 billion LNEX tokens sold, making it one of the top crypto coins in the presale.
Selling for just $0.0044, investors have the opportunity to get in on the action at this early stage. With demand for the LNEX token skyrocketing, early investors have already made over 260% in profit. Given that all listing fees on the trading exchange will be paid in LNEX, demand for the token is likely to push its price up to $1 in the coming weeks.
Additionally, owning the token itself gives users access to discounts on transactions. The platform also supports multi-currency betting, allowing traders to bet on cryptocurrencies such as Bitcoin. Traders can also use cryptocurrencies as collateral to obtain short-term loans in fiat and USDT. With a growth forecast of over 50x, new investors can be assured of significant returns in the near future.
Choosing the Best Coin Between ADA, TRX and Lunex Network
Cardano and Tron may be on a growth trajectory, but the biggest winners are early token investors. That’s why you should take advantage of the opportunity that the Lunex Network provides to become an early investor and position yourself for potential exponential growth. With expanded trading capabilities, LNEX could reach $100 million in market value in Q1 2025, with the price approaching $0.50.
More information about Lunex Network (LNEX) can be found here:
Website: https://lunexnetwork.com
Social networks: https://linktr.ee/lunexnetwork
