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Breaking News: Spot Crypto Assets Get Nod For Trading On CFTC-Registered Futures Exchanges

Avalanche And Tron Market Cap Closing as Lunex Presale Backers Prepare For The Most Advanced Crypto Exchange Launch

Bitcoinist
by Bitcoinist
Last Updated: December 2, 2024 10:00 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As Avalanche and Tron’s market caps draw closer—with just a $250 million difference—speculation is rife about whether Tron could soon overtake Avalanche in a potential “flippening.” Amid this close race, there’s a new contender making waves in the crypto world: Lunex. With its presale priced at just $0.0033 per token, Lunex has already raised over $3.9 million, with more than 1.9 billion tokens sold. 

As Lunex prepares to launch the most advanced crypto exchange, backers are betting it could be the next big crypto to watch. Let us see why!

Why Lunex could be the next big crypto launch you don’t want to miss

Lunex is rapidly becoming the next big crypto, and those who backed the presale are preparing for something extraordinary. One of the most cutting-edge crypto exchanges with features you won’t find anywhere else is about to start. The Lunex Bridge stands noteworthy because it facilitates frictionless communication across chains. Because of this, transferring assets across blockchains will be a breeze—no more waiting or headaches.

Not just that, however. The long-term benefits offered by Lunex are compelling enough to keep you involved. Get in on the next big crypto ecosystem and stake up to 18% APY for $LNEX for some interesting passive earnings! These awards are a fantastic method to maintain everyone’s engagement, which is crucial for developing a successful community.

Lastly, Lunex is making it easier than ever to track your investments. Whether you’re into crypto or traditional assets, you’ll enjoy unified asset tracking. This feature will make managing your portfolio smooth, giving you everything in one place. Get ready for the next big crypto launch!

Avalanche’s Etna Upgrade Sets the Stage for the Next Big Leap in Blockchain Tech

Avalanche currently holds a slim lead in market cap over Tron, but its latest Etna upgrade could help it maintain its edge. This upgrade, now live on the testnet, is a major step towards Avalanche’s largest-ever mainnet update, Avalanche 9000.

The Etna upgrade gives developers enhanced network control, allowing them to customize staking, gas token preferences, and governance models. Avalanche Labs co-founder Kevin Seknigi is optimistic about how these features will position Avalanche as a leader in Layer-1 blockchain technology. 

Tron Struggles to Maintain Gains as Market Cap Faces Pressure

Tron’s market cap is closing in on Avalanche’s, narrowing the gap to just $250 million—a milestone that has sparked talk of a potential flippening. However, Tron faces challenges, with its recent 4% gain showing signs of fragility.

One red flag is the decline in average coin holding time, which has dropped by 70%, reflecting waning long-term investor confidence. At the same time, rising exchange netflows—with 2.22 million TRX coins recently moving to exchanges—signal potential sell pressure, increasing the likelihood of price pullbacks.

While Tron’s market cap momentum is noteworthy, it remains to be seen whether the network can overcome these hurdles and surpass Avalanche in the race for dominance.

Lunex: The rocket ready to outpace Avalanche and Tron

As Avalanche and Tron’s market caps edge closer, Lunex is quickly becoming the next big thing. With its presale raising over $3.7 million, cross-chain communication, and up to 18% APY staking, Lunex is a game-changer. Don’t miss out—get in before this rocket takes off!

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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