The post Investor Who Called Avalanche (AVAX) Breakout appeared on BitcoinEthereumNews.com.

SPONSORED POST* While there are a lot of opportunities in the crypto market to make a profit, an investor who called Avalanche’s (AVAX) breakout has found two other altcoins that are worth investing in now. These altcoins are Chainlink (LINK) and Lunex Network (LNEX). It would interest you to know that Avalanche (AVAX) finally broke out upward toward the end of 2023 and rose to $60 in March 2024. This happened after the price consolidated between $8 and $22 in 2023. However, as 2024 progressively concludes, this investor thinks that Chainlink (LINK) and Lunex Network could make new highs. Lunex Network Utilizes Deflationary Mechanism Lunex Network is a new DeFi protocol that gives users access to over 50,000 cryptocurrencies across over 40 blockchains for them to store, swap, stake, or trade. Moreover, Lunex Network also ensures that transaction fees are kept at a minimal level so that users will not lose significant amounts of money to fees when carrying out cross-chain transactions. Additionally, Lunex provides a means for token holders to earn passively. Interestingly, LNEX token holders will be rewarded with a percentage of the weekly generated revenue on the platform. This is a unique offering that differentiates Lunex Network from other DEXs like PancakeSwap and SushiSwap which use the liquidity provider (LP) reward models. Moreover, Lunex Network also focuses on utilizing a deflationary mechanism in which LNEX tokens are bought back from the open market with a portion of the platform’s revenue. This tends to increase the value of the LNEX token over time. Meanwhile, each LNEX token is currently selling for only $0.0015 in stage 3 of the presale. Avalanche Price Prediction The Avalanche price has notably increased by more than 200%, from $9 to $29, over the past year. The Avalanche price first surged to $48 in…

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Filed under: News - @ October 16, 2024 10:21 am