It has been a cold winter for a lot of upcoming crypto projects. Render Network and Bittensor, two projects that AI crypto enthusiasts are keen on, struggled to gain traction after a Bitcoin drop to $92k wiped out billions of dollars in value across the industry. This lends evidence to the belief that an AI-crypto blend is not the next frontier in the mass crypto adoption story.
But while RENDER and TAO kept stumbling, projects like Lunex Network are soaring. This article sheds some light on the reason why LNEX is a highly sought-after crypto investment option, even though bearish market sentiments have killed the healthy growth of several tokens.
Render price succumbs to volatility
Following an inspiring rally to $11, the RENDER price has dropped drastically in the last weeks of 2024. The coin is now trading about 20% below this level, having succumbed to volatility following bearish market sentiments introduced by numerous price corrections.
Unfortunately, crypto analysts don’t think Render Network will boom any time soon. The project specializes in decentralized GPUs, a crypto niche that has yet to gain traction, so demand for RENDER is quite low. Render Network still sits in the top 40 coins on Coinmarketcap, so a RENDER resurgence cannot be completely ruled out.
Will AI crypto Bittensor recover any time soon?
Bittensor is an open-source protocol for building and deploying machine learning models on the blockchain. Like RENDER, TAO operates in a small evolving crypto niche, sits amongst the top 40 coins by market cap, and has depreciated heavily in recent times.
However, Bittensor is pricier than RENDER, with TAO trading well above $500 per token. It’s not as affordable to new investors, and this will make it more difficult for TAO to recover from its current predicament. Only persistent innovation and the introduction of a groundbreaking use case can make Bittensor appealing to new investors.
Why Lunex Network is hot right now
There are three major reasons why crypto investors are hot on Lunex Network right now. The first is its groundbreaking use case. Lunex Network sits at the intersection of centralized and decentralized exchanges, offering secure transactions via its non-custodial MO as well as access to a plethora of crypto assets. DeFi traders can trade up to 50,000 token pairs across 40 different blockchain networks. This level of access is rare, and it takes DeFi traders one level above their counterparts.
Secondly, Lunex Network is an avenue for investors to generate a steady stream of income. It offers staking rewards in excess of 18% APY and also has a revenue sharing mechanism which sees LNEX holders get a slice of the profits it generates from fees and subscriptions every week.
Finally, Lunex Network has an unlimited potential for price appreciation. It has a deflationary tokenomics which will help it retain its value, and it has created a vibrant community which is material to its long-term success.
Bottom line: Join the Lunex Network presale
Lunex Network is a revolutionary token that will take the crypto exchange niche by storm. This gives prospective investors assurance that LNEX is heading to the top, and those who hop on its bandwagon are set to make stupendous profits. The presale is currently available for $0.0054 and experts have predicted an 1,800% ROI for early investors.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
