The bullish sentiment circulating has gone beyond a simple projection of the altcoin season – it is now a question of whether or not the top DeFi cryptos can break the $50 mark. Avalanche is already at a high level and its price is already approaching the psychological mark of $50. DOT also posted an impressive 111% over the past month. But the star of the party: the new DeFi crypto powerhouse, Lunex Network. Its headline-grabbing performance and bold innovation have given rise to positive speculation that Lunex will redefine the future of the crypto market.
DeFi Crypto Revolution: Lunex Network Advances With $3.7M Presale Success
The best revolutionaries started as disruptors. We saw it with Avalanche and Polkadot, and now Lunex Network is making the grand entrance with its innovative DeFi crypto trading protocol. Just like its predecessors, Lunex Network is making giant strides. Its cross-chain AMM DEX ushers in a new era of interconnected DeFi.
At its core, Lunex Network leverages Ethereum’s strong smart contract capabilities, a sign of its focus on security and transparency. This unique approach includes over 40 chains and over 50,000 trading pairs. Beyond that, traders benefit from a friendly and supportive community that showcases the latest DeFi tools and income-generating products.
These remarkable feats have been the ultimate draw for thousands of savvy investors flocking to its ongoing pre-sale. In just a few weeks, $3.7 million was raised and the LNEX token rose 210%.
DeFi crypto surge: AVAX $50 price target amid on-chain surge
The crypto market is no stranger to ups and downs. However, Avalanche’s recent performances defy these heartbreaking lows. Just a few days ago, AVAX dominated the DeFi crypto’s performance with a 60% MoM gain, which pushed its price to a quarterly high of $46. At the heart of this momentum is the Avalanche9000 testnet upgrade, the platform’s most significant development since its mainnet launch.
New addresses soared 51.8%, while TVL climbed 9% to $1.44 billion in just one week. Even the techniques worked well! The Money Flow Index (MFI) is signaling strong demand, and a slight boost could see AVAX rise above $50 again.
Polkadot Ecosystem Growth: What’s Next After 100% MoM Increase?
Polkadot is another DeFi crypto that is making an impressive comeback in the crypto market. A staggering 111% increase in MoM, close to $8, has brought this interoperability-focused metaprotocol back into the spotlight. Like Avalanche, Polkadot, seeing massive growth in its ecosystem, flipped the switch.
Recently, Polkadot unveiled a $20 million decentralized futures program that continues to power projects like AirLyft and BlockDeep Labs. On the technical side, DOT price still benefits from bullish sentiment. The RSI has entered overbought territory and the MACD is hinting at increased buying pressure. Analysts are now eyeing a critical resistance level at $10, a break of which could propel DOT towards $12.60.
Conclusion
The race to $50 is heating up and the crypto market is full of possibilities. Major DeFi cryptos including Avalanche and Polkadot are approaching monumental highs. However, it is the DeFi crypto revolution redefined by Lunex and its record presales that is gaining priority. The question is no longer whether these giants will prosper but how high they can rise. Fortunately, you are early. Lunex Network is still trading in presale for only $0.0031.
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