Throughout the year, the crypto market has seen as many outflows as inflows, with several coins leading either side of this development. As Q4 approaches, seasoned investors closely watch these trends analyzing which tokens are receiving inflows and showing signs of skyrocketing on demand.
As the search intensifies, three cryptocurrencies— Ethereum (ETH), Chainlink (LINK), and Lunex Network (LNEX), are showing signs of spearheading network gains for the year. In the wake of an imminent bull run, these altcoins are poised for rapid progress.
Lunex Network’s Interesting DeFi Solutions Positions Attracts Adoption
Lunex Network (LNEX) is storming the crypto market and is poised to continue attracting adoption due to its groundbreaking DeFi protocol designed to connect separate blockchains while facilitating anonymous crypto swaps. On the network, users can trade over 50,000 cryptocurrencies without providing personal information or connecting third-party wallets, ensuring a non-custodial DEX experience.
Another interesting feature on Lunex Network is its merchant payment gateway, which allows businesses to accept cryptocurrencies as payment and instantly convert them into fiat. This unique feature combined with its DEX and more than 65 RPC nodes designed for Web3 development, makes Lunex Network a prime candidate for DeFi coins with bullish potential this year.
Even though Lunex Network is still in its ICO phase, where its native token $LNEX token sells for $0.0013, Lunex gives its token holders their holdings immediately they purchase. Subsequently, they receive weekly profits from the network’s revenue. At the same time, 50% of this revenue is used to buy back $LNEX tokens, reducing its scarcity and driving up its value. All of these are pushing investors to invest in its ongoing presale.
While Ethereum Price Consolidates Spot Ether ETFs Can Cause A Rebound
In the past month, the price of Ethereum (ETH) has not made any significant progress. As a matter of fact, the altcoin giant declined by over 4% even though it rose to an impressive price above $2,700, late last month.
Before this Ethereum price plunged below $2,446, pricing under this level for most of September. After escaping this monthly resistance zone, rising above $2,700, Ethereum has fallen again, reducing by 4.13% in less than a day.
However with BlackRock’s spot Ether ETFs recently surpassing $1 billion for the first time, Ethereum token is capable of regaining its previous bullish momentum, potentially leading price and network surge this year.
Chainlink (LINK) Receives Over 80% Bullish Sentiment In Consolidation Phase
After rising from a meager price of $7 to yearly high of $21 in the first quarter of the year, Chainlink (LINK) price has maintained a consolidation phase with the token observing a sideways movement between little highs and lows.
Meanwhile, the Chainlink price attempted rising above $20 again in May but fell again. Now in a weekly price range of $10.45 to $12.94, the native LINK token is still consolidating, however the token has declined by over 14% in the past week.
In spite of this, Chainlink is receiving an 84% bullish vote according to CoinMarketCap. In view of this and its recent partnerships, Chainlink’s network growth is bound to experience a resurgence which might place its token among highest gainers this year.
Lunex vs. Ethereum vs. Chainlink: Which One Has a More Bullish Outlook for Q4?
Both Ethereum and Chainlink have had a good run through their market cycle. While Chainlink has a lifetime increase of over 6600%, Ethereum boasts more than 82600%. However, looking at their year-to-date price outlook, these top altcoins appear to be navigating severe fluctuation, with both registering slightly above 40% increase.
Meanwhile, Lunex being a presale token has garnered a lot of support, especially from institutional investors. With a stable projection of 1800% increase by launch, Lunex stands a chance to outperform both Ethereum and Chainlink this Q4.
Discover the Exciting Opportunities of the Lunex Network Network (LNEX) Presale Today!
Website: Lunex Network Network