The crypto market has been registering gains over the last month. Even Sui (SUI), one of the trending DeFi projects, has seen massive growth over the last few months. Sui network recently crossed 35 million active users.
Analysts forecast its price could increase to $4 in the coming weeks. In the meantime, Lunex Network (LNEX) is attracting attention and has raised over $3.1 million in funding. The DeFi project is considered one of the blue-chip projects in the market.
The Sui network has been enjoying a lot of positive momentum in the past month. Many have referred to the project as the Solana killer. According to a top analyst called ToreroRomero, the number of active accounts on the Sui (SUI) has passed 35 million.
This is a bullish sign and signals high interest from investors. Wealth managers like VanEck and Franklin Templeton have even shown interest in the Sui coin. Looking ahead, analysts predict the value of the cryptocurrency could skyrocket to new levels in the coming months.
Cryptoknight forecasts the Sui price could reach $4.31 soon. However, the analyst says that the altcoin price could drop to $2.9 first before rising to $4.
In the meantime, Sui (SUI) is trading between $3.20 and $3.90 on the weekly chart per CoinMarketCap. The token has two major resistances it must overcome to clear its path to $4. First, there is resistance at the $3.60 level. The next resistance is around $3.8.
Sui (SUI) has fallen from both regions after two different attempts in the last seven days. The coin has a loss of 7.9% on this level but is up 93.9% on the monthly chart. Sui's (SUI) 14-day RSI is currently above 60, which is a bullish signal. The Fear and Greed Index is also bullish as it has entered the Extreme Greed region.
Lunex Network (LNEX) is the new player in the DeFi market that is set to revolutionize the way people trade, invest, and earn on their cryptocurrencies. Due to the ease of use of various features, security, and privacy, it could attract large numbers of users after launch.
Even now in presale, Lunex Network has caused quite a stir by raising over $3.1 million. With $LNEX tokens priced at $0.0031, the project is attracting a lot of investment from investors. Lunex is expected to skyrocket 18x after its launch, making it a top crypto to buy. These strong presale results demonstrate increasing belief in Lunex's potential to revolutionize the DeFi space with its invention.
Furthermore, Lunex has Cross-chain compatibility. This feature lets users swap over 50,000 assets from several blockchains with ease and without having to use multiple wallets or platforms. For the traders, this is more flexible and capable of investing in different products.
Lunex also has a no-KYC policy, which means that users' identities are protected while they trade with ease without necessarily having to reveal their details to anyone. When paired with an attractive staking program with the possibility of up to 18% APY, Lunex Network is not just a trading platform – it is a one-stop shop for trading. Lunex Network is well-prepared for growth in the DeFi market due to its presale performance and a set of unique features.
With the current market trend, analysts forecast the value of Sui (SUI) could reach new levels soon. Also, Lunex Network is another worthy project to look at. It seeks to give traders a platform where they can swap different assets at a low cost and with no KYC.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork