The cryptocurrency market is heating up once again, and any smart crypto enthusiast will want to capitalize on the rallies of the top crypto gainers of the moment. This article considers three of those coins – Monero, Algorand, and Lunex Network. Which of these projects are worthy to be in your portfolio? Read on to find out.
Lunex rallies strongly, attracting more investors
Even though Lunex Network is a brand new crypto presale, it has raised an impressive $5.5 million from investors already. Its current price is $0.0046, which is a 283% increase from its debut. This strong rally has drawn the attention of investors, and its status as a potential industry disruptor fuels its allure.
This is because Lunex takes an innovative approach to decentralized finance and crypto swaps. The idea of the platform is to offer cross-chain transactions without making the process too complicated for users. This boosts liquidity on the platform and simultaneously lowers transaction costs, making Lunex extremely attractive to DeFi traders.
But that’s not all. Lunex has deflationary tokenomics, offers staking rewards of up to 18% APY, and operates a generous revenue-sharing model. This unique approach rewards loyal users, encourages community growth, and fosters a sense of ownership among its investors.
As Lunex continues to grow, its focus on affordability and innovation positions it as the ideal project that will fetch early investors monumental gains. Lunex is not only among the top crypto gainers for the short term, but it is also designed to be successful in the future.
Monero is back in the green zone
Most popular crypto tokens spent the best part of the year rallying to greater highs, but Monero didn’t. Instead, XMR was volatile and traded below its opening price of the year. But as the year started rounding up, XMR found its feet and began to appreciate.
At this moment, Monero is trading around the $200 price level, which is about $60 higher than its average for the year. But then, Monero’s emphasis on absolute privacy has been its Achilles heel. This feature is still causing conflicts with government authorities and could cause XMR to slip again.
Algorand price rallies strongly after a quiet year
Just like Monero, the Algorand price didn’t appreciate much during the course of the year. But right now, it is having an explosive rally. ALGO rose by over 100% in November, and it now trades around $0.50, which is quite impressive.
Crypto analysts are optimistic about Algorand’s prospects. There are numerous projections of a sustained upward trajectory, even though nothing is certain. The only issue is the tough competition that Algorand faces. Being a dApps ecosystem, ALGO operates in a crowded niche, and the competition could stifle its projected growth.
The bottom line
No one knows what the future holds for any crypto project, but it is possible to predict how they’ll perform based on current signals. Monero is likely to fall flat again owing to the negative publicity surrounding it. Algorand could do well and fetch a decent gain since it is starting to rally.
Lunex Network is more likely to offer a superior ROI due to its revolutionary ambition and the strong fundamentals backing this mission. Should Lunex achieve a fraction of its ambition, early investors would be in for stupendous profits.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork