There’s no doubt that Trump’s victory has created a significant positive wave across the crypto markets. But this has not translated to all crypto assets. For instance, while POL frantically fights for a meaningful rebound in the bull run, OP demonstrated a swift recovery.
The most compelling 100x crypto in Q4 2024, though, has been Lunex, a new DeFi asset in its pre-ICO phase. Lunex aims to be the next big thing in DeFi with technology that addresses longstanding problems.
Lunex consolidates momentum, hits new presale levels
Lunex continues to emerge as one of the most notable blockchain projects in 2024, drawing attention to its strong potential in the DeFi industry. Lunex seeks to solve critical issues such as high fees and limited liquidity by connecting multiple blockchains into a seamless trading experience.
Lunex’s smart contract system underlies its secure and real-time trading platform. Its innovative aggregator allows Lunex to split trades across multiple DEX without compromising user experience.
Furthermore, the Lunex token, $LNEX, offers compelling and revenue-sharing options. By staking Lunex tokens during presale, investors can secure up to 18% APY with a minimum staking period of 30 days.
With Lunex on the ascending uptrend, it is unsurprising that the network has gained significant whale interest. Currently priced at $0.0026, Lunex has raised an impressive $2.5 million, with 1.5 billion tokens already sold.
OP Stack adoption leads to breakout potential
Optimism (OP), a layer-two blockchain built on Ethereum, is positioning itself as one of the most significant scaling solutions in the Ethereum ecosystem.
Unsurprisingly, this has led to remarkable performance for OP, which recorded a considerable 22% increase in the past three weeks. Enthusiasm amongst holders is at an all-time high, fuelled by the growing influence of OP in the blockchain space, especially the Ethereum ecosystem.
OP’s optimistic roll-up technology has also gained significant traction by offering enhanced transaction speeds and reduced fees compared to Ethereum’s base layer. OP’s technological advantage has attracted several high-profile partnerships and adoptions.
OP has also garnered support from other influential players in the blockchain space, including the leading decentralized exchange Uniswap. Even the global technology giant Sony has already integrated the OP Stack into its operations, further validating Optimism’s technological and market position.
Momentum stalls for POL as investors find alternatives
POL, formerly known as MATIC, has faced a stalled momentum, with its value declining by 65%. The switch from MATIC to POL has failed to generate tangible positive momentum. It is especially concerning that POL broke below a critical long-term horizontal support level at $0.375, which has been held since April 2021.
From a technical standpoint, POL is currently positioned within a descending parallel channel that has been forming since March 2023. POL’s channel’s support trend line sits at $0.240, which could be the next significant support level if the downward trajectory continues.
Despite the bearish benchmark, some positive developments could alter POL’s fortunes. Notably, Polymarket on Polygon has achieved over $300 million in Total Value Locked (TVL), and remarkably, more than 92% of the crypto prediction markets TVL is concentrated on Polygon (POL).
Still, experts show uncertainty over POL’s future price unlike OP. With investors seeking a 100x crypto ROI token, many are leaving POL to invest in Lunex, with its ROI-friendly approach.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
