5 Reasons Solana and Toncoin Holders Are Turning to this New Altcoin
The post 5 Reasons Solana and Toncoin Holders Are Turning to this New Altcoin appeared on BitcoinEthereumNews.com.
Solana and Toncoin have made it to the race to see who will play the second princess in the smart contract field after Ethereum. This stiff competition is great for these two coins in particular but also boosts the case for blockchain dApps in general. The SOL price is already up 50% this year, and Toncoin by 150%. But every good portfolio needs diversity, and the new altcoin Lunex Network is setting the presale world ablaze. Solana (SOL): SOL price on a slow and steady uptick Many investors would argue the SOL price right now is disappointing. It should be nearly $200, if not flirting with its ATH. Instead, the SOL price is battling to break $160. However, this is a narrow view of Solana. Last year, the SOL price was below $20. Investors who bought a year ago are laughing all the way to the Lambo dealership as they have seen (at least) a 10x return on their Solana investment. The SOL price is doubtful to do another 10x, but a 2x is on the cards. This is great, but for great returns that can mimic the SOL price’s stellar rise, investors are looking at the new altcoin LunexNetwork. Toncoin (TON): Sprinted ahead but flatlining Toncoin is a spectacular crypto success story, and its initial investors saw returns exceeding 100x. Toncoin’s market cap is tiny compared to Solana, but its growth is exceptional. At least, it has been. It is difficult to do 5x when you’ve already done a 100x sprint. This is crypto; nothing is impossible, but Toncoin’s growth has hit the ceiling, and while it is (for now) growing faster than Solana, one may legitimately ask if Toncoin’s investment window has closed and if a new altcoin may not be a better bet. Lunex Network (LNEX): The…
Filed under: News - @ October 3, 2024 5:26 am