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Cryptopolitan 2024-12-11 19:08:00

BNB and SUI Breaks Out of Consolidation, Rallying to Catch Up With This Altcoin Explosive Gains

After a long-standing consolidation for Binance (BNB) and Sui (SUI), both top cryptocurrencies are reflecting a triumphant victory over consolidated patterns. Binance has bolstered its new bullish formation with a new token called MOVE, signaling as one of the top altcoins to watch. On the other hand, Sui network has been on a development journey due to a recent network outage. Meanwhile, Lunex Network (LNEX) keeps racking up gains as more investors flood its presale. Its impressive performance opens a possible path to a potential 100x price surge before the end of the ongoing bull market. Binance Token Leads Breakout Pattern With New MOVE Token Recently, Binance (BNB) token fell to a slumber after climbing above its monthly resistance level at $623.29. Despite climbing above a level it has hardly reached in the past few months, Binance was unable to maintain its price positivity as the token got stuck in a consolidation phase around this level. After consolidating for a few weeks, Binance finally launched its Movement Token (MOVE) to its network. This new Binance-based token aided more blockchain offerings from Binance network, further acting as a catalyst for price positivity and more interest from the DeFi market. At the moment, the native BNB token has successfully crossed over the $700 price mark. Furthermore, analysts like Crypto Zillion have hinted that the RSI (6) for Binance being at 79.19 indicates a strong bullish momentum for the BNB price. Sui (SUI) Gains Optimism as Recent Network Outage is Quickly Resolved Despite the recent network outage that happened on the Sui (SUI) network, experts are predicting bullish futures for the top altcoin. Notably, Sui recently broke out massively from a consolidation phase, entering into a weekly price range of $3.24 and $4.45, which reflects a 72% increase in the past month. However, analysts like cryptoELITES suggested that Sui is on track to hit $5.6, with the next target being $10. He further added that Sui will most likely hit the $10- $15 range by the end of January, with a long-term bullish price of $50 for the token. However, aside from several positive speculations for Sui, the network has also shown potential for growth. Another analyst, ToreroRomero sighted how Sui bested all other blockchains as it recorded the highest net inflows making it one of the top altcoins to watch. Lunex Network Accumulate Massive Gains Following Growing Interest in Its Presale Lunex Network (LNEX) has turned out to be a huge spectacle in the crypto market as its presale performance has shocked experts and investors with a whopping revenue exceeding nearly $5 million. The potential of this new DeFi project to simplify crypto transactions for retail, institutional and business investors while still ensuring smooth operability has been a huge contributing factor for its growth so far. What particularly stands Lunex Network apart is how it allows traders and investors seamlessly swap and transact over 50,000 crypto assets using a streamlined process. This makes it an attractive choice, especially because of its extremely low fees. In addition, Lunex Network offers a business merchant payment gateway for easy cryptocurrency acceptance and automatic fiat conversion, signaling it as a versatile platform with enhanced utility. As a result of its endless potential to revolutionize crypto transactions and also explore the lucrative side of the DeFi market to its limit, its native token has received massive buying interest. The native LNEX token has reportedly surged by over 217% to its current price of $0.0038. However, its token growth potential is not its only profitable feature. Its revenue share model and cashback rewards has also bolstered investor confidence in this token’s ability to skyrocket. Can LNEX Deliver More Gains Than BNB and SUI This Bull Cycle? Lunex Network’s native token, LNEX, is only priced for $0.0038 now. However, with an 100x growth already projected for the token, now serves as the best time to take advantage of its growth potential. While BNB and Sui network also pose as potentially high gainers in 2025, LNEX may be a better investment option, especially for risk-averse investors. You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork

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