The last quarter of the year is seen as a bullish period for crypto assets. The dovish Fed added to the sentiment this year, and crypto enthusiasts are searching for the best altcoin to bet on.
XTZ, SAND, and MKR are among the top 3 cryptocurrencies that have posted lackluster performance for years. Should you bet on these downtrodden market veterans or opt for the best altcoin Lunex (LNEX)? Let’s find out why analysts extol LNEX for an 18x EOY return.
Tezos (XTZ) traded at a low of $0.79 in 2019. Six years later, XTZ’s price trades at $0.63, a negative 20% return!
The excitement was there when the Tezos smart contracts platform launched in 2018, with unique features like self-governing and automatic upgrades pricking investors' curiosity.
XTZ reached an ATH of $9.1 in 2021 but has been spiraling down for years. XTZ didn't give a rumble in the recent bull run, and the XTZ’s price has been collapsing since March, erasing all its gain in 2021. XTZ could tend to zero as other best altcoins offer better value propositions to investors
SAND is the native token of the Sandbox blockchain, a gaming platform that allows users to create and trade crypto assets in the form of games and digital worlds.
Tick the indicators to "All", and you'll see that the SAND chart looks like a mountain. After shooting the moon at $8.48 in 2021, SAND has been collapsing, diving straight to earth toward its post-launch lows.
At $0.24, SAND is more than 97% down from ATH, and was in the red on all time frames. Bear market forces scorched SAND beyond repair, and the only remedy for holders is to cut losses and shift to other best altcoins.
Maker (MKR) protocol is a decentralized blockchain platform that facilitates the borrowing and lending of crypto assets while dabbling as a DAO for the DAI stablecoin governance.
MKR peaked at $6,348 in 2021 before tumbling to $502 during the bear market. Though MKR didn’t smash its ATH in March, it recovered well, rising to $4,074 for an 8x return.
At $1,450 per MKR, investors are leaving it to institutional investors who want to participate in DAI governance in search of other best altcoins trading in cents.
Lunex is a new DeFi swapping dApp on Ethereum, turning the DeFi sector on its head with a multichain noncustodial protocol. This innovative decentralized crypto exchange brings together multiple blockchain networks, enabling faster, low-cost transfer of assets and sharing of data.
Enabling cross-chain functionality creates an aggregated Web3 ecosystem where DeFi traders can swap thousands of cryptocurrency pairs and engage in all standard DeFi activities, including staking, yield farming, lending, and borrowing.
More interestingly, Lunex has implemented a revenue sharing model for investors. Token holders engaging in LNEX staking earn up to 18% APY is passive income from a share of the revenue accrued on the DEX platform.
In stage 2, LNEX tokens are priced at $0.0013, and analysts predict a 1,800% price increase during the ICO stage!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.