The worsening geopolitical tension in the Middle East has greatly affected the crypto market, leading to mixed crypto performance. Some altcoins, including Sui (SUI) and Aptos (APT), have continued to record impressive price performance due to their market resilience, unique partnerships, and significant network developments.
Lunex Network (LNEX), a DeFi token and swap exchange providing a revenue-sharing model for token holders, has also experienced a bullish week. Just in stage two of its presale, Lunex Network is already trading at $0.0013 from its starting price of $0.0012.
Lunex Network (LNEX) Records Bullish Momentum With New Exchange-Based Token
Lunex Network’s exchange-based token has been experiencing a bullish trend ever since the launch of its presale. The project has already raised over $625K. Proving the platform’s potential to outshine hyped cryptos such as Sui and Aptos. This success is attributed to the project’s features and revenue-sharing model.
Here, a portion of the generated exchange’s profits will be directed toward buying LNEX tokens on the open market and redistributing them to token holders. This unique approach will not only lead to a Lunex Network price increase over time but also reward token holders who choose to stake or hold the tokens.
With no KYC requirements, Lunex Network protocol will offer a one-stop shop for all DeFi-related transactions with over 50,000 swappable currencies. This makes Lunex a better gateway for instant swaps across multiple blockchains, including Ethereum, Solana, and Tron.
Sui Skyrockets, Is A New ATH Possible For SUI?
Sui (SUI), a Layer 1 blockchain token, has seen a significant uptick in its price, recording over 124% surge in just a month to trade around the $1.87 mark. This surge positions SUI token holders in an advantageous position as optimism within the altcoin sector continues to rise, setting the stage for a potential rally in October.
This significant market performance is attributed to the Sui Bridge, a new feature introduced by the Sui Foundation. This feature will enhance connectivity between Ethereum and Sui networks, enabling secure asset transfers. The development will draw new users and boost liquidity, propelling Sui’s price performance.
Moreover, the MACD for Sui coin convergences towards the signal line, suggesting the bearish crossover might be over. A rise above its notable barrier of $2 could propel its price even further as it continues to record rising interest.
Aptos (APT) Partners with Giant US Company While Expanding Into Japan
Aptos (APT) is known for its innovation in blockchain technology. This has led to the project attracting many partnerships, the recent one being the announcement by asset manager Fraklin Templeton, highlighting the expansion of its Franklin OnChain US Government Money Fund (FOBXX) to Aptos blockchain.
This was followed by HashPalette announcing that it would become a fully owned subsidiary of Aptos, having reached an agreement with its previous owner, HashPort. As part of the deal, HashPalette’s blockchain, known as Palette Chain, and all its existing applications will move over to the Aptos network.
This move has positioned Aptos with a unique chance to expand its reach to Japan and the US markets. Trading around the $8.5 mark, representing a 35% monthly surge, Aptos’s price performance is currently eyeing the $10 mark, with the potential of hitting this price mark soon.
Can Lunex Network Sustain Its Bullish Trend?
As Sui and Aptos continue to record an upward trend, Lunex Network is also set to sustain its price rally, backed by its unique features. Analysts have also projected that the token will rally by 18x during its presale stages and 50x upon its launch, giving early investors a better opportunity to enjoy high ROI.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
