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Crypto Daily 2024-12-29 15:33:16

Sui and Tron Delivers Over 25% Gains, Token Holders Seek Additional Profits with New Booming Altcoin With 300% Surge

Just as the year comes to a close, crypto investors are already evaluating their portfolio in preparation for 2025. While most altcoins are currently navigating volatile tides, only a few top altcoins like Sui (SUI) and Tron (TRX) are able to register some decent profit in the broader crypto market. Notably, Sui token has attracted a lot of attention after delivering over 600% gain in the past few weeks. However, as the bull run appears to be stalling, savvy investors are beginning to look in another direction. In the presale market, for instance, Lunex Network (LNEX) is drawing enormous attention, having delivered roughly 300% in presale gain. Lunex Network’s 300% Price Surge Attracts Growing Interest; Can It Go Any Further? Beyond the rapid presale progression which have drawn a significant number of users to the network, Lunex Network (LNEX) also stands out for its innovative approach to decentralized finance (DeFi). Essentially, this DeFi protocol streamlines the processes involved in cross-chain crypto transactions, allowing users to instantly spot trade over 50,000 crypto assets across multiple isolated blockchains, all at a low cost and completely anonymously. Lunex Network particularly eliminated the need for users to provide sensitive data or connect third-party Defi wallets such as MetaMask and Trust Wallet. Asides fostering a secure trading environment for users, it also establishes the platform’s commitment to full transparency. Meanwhile, Lunex Network also offers a non-custodial B2B payment gateway that allows businesses to accept cryptocurrencies as a form of payment method. This institutional-focus, coupled with other notable features like its unique revenue share model, instant access to 65+ RPC nodes for Web3 development, a portfolio tracker and other subscription-based advance features positions Lunex network as a market disruptor. This explains how it is able to raise over $5.5 million in revenue within a short period, coupled with a 300% price pump from an initial price of $0.0012 to $0.0049. Sui Price Trajectory Presents Mores Profit Potential- Analyst Sui (SUI) network has continued to witness an influx of new investors since the start of its parabolic run earlier in September. Having surged by over 600% from 0.70 region to reach a yearly peak price and all-time high of $4.93, SUI token has established itself as a profitable altcoin. However, following a noticeable drop in bullish momentum across the crypto market, SUI price trajectory has been subjected to a major fluctuation as it struggles to stay above the crucial resistance level around $4.50. Currently trading within a weekly range of $3.70 and $4.39, SUI price reflects about 18% gain in the past week and nearly 29% in the past month. Although it has managed to maintain a generally bullish outlook, the recent volatility in the market casts a shadow of doubt on SUI token’s potential to cross the $5 price market anytime soon. Regardless, market analysts remain optimistic about a potential price breakout. Popular crypto analyst Mags particularly forecast a not-so-conservative price target between $14 and $19, thereby steering optimism among token holders. Tron Loses Steam Amid Market Correction, But Retains Bullish Sentiment Following the same path as Sui, the Tron (TRX) token has equally made an impressive run in the past few weeks. Notably, Tron price reached a yearly peak of $0.44 which also doubles as its ATH price. However, unlike SUI token, TRX price has suffered a more fatal impact as a result of recent volatility, declining by almost half of its peak price to currently trade within a weekly price range of $0.23 and $0.26. While this noticeable retracement is considered a minor setback, many analysts believe it is an essential correction to continue on the uptrend. According to a recent X post by Andrew Griffiths, TRX coin seems to be going for a breakout. Based on his chart analysis, TRX price could soon see up to 17% markup price growth if it is able to break out of the resistance zone around $0.30. Meanwhile, Tron technical analysis on TradingView, including 30, 50, and 200-day EMAs reflects a strong buy signal. Can Lunex Network Outpace SUI and Tron In Terms of Market Dominance? Both Sui and Tron have established themselves as formidable forces in the DeFi market, and it will take more than a strong presale performance from Lunex network to lead these innovative players. Regardless, Lunex Network’s multidimensional focus on retail and institutional players offers a major leverage. As it continues to attract more participants from both the crypto market and corporate world, Lunex Network stands a chance to tuple top altcoins like SUI and TRX tokens. You can find more information about Lunex Network (LNEX) here: Website: Lunex Network Telegram: Join Our Telegram Community Twitter: Follow Us On X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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