With Ethereum’s price refusing to boom recently, ETH holders are looking for the fastest-growing crypto tokens to add to their portfolios. Two new coins, Fantom and Lunex Network stand out, with their prospects making both casual and institutional investors take serious notice. Ethereum is still a force to be reckoned with but the increasing attractiveness of Lunex makes it a compelling investment option.
Upside potential despite Ethereum price struggle
Ethereum has been an indispensable catalyst in the DeFi ecosystem however its price has see-sawed a lot in recent months. Currently worth $2,547, ETH gained 5% over the last week despite depreciating over the monthly scene. While this attests to a short-term recovery of sorts, overall market sentiments remain mixed on account of sustained challenges.
Some of the major issues with Ethereum revolve around the high gas fees, which impede users and developers from effectively utilizing its chain. Upcoming upgrades promise massive improvements but the full rollout is still a time away, leaving Ethereum open to attacks by faster and cheaper rivals.
Crypto traders are generally bullish about Ethereum price’s long-term prospects, although in the short term, ETH is unlikely to see spectacular growth. This has driven investors to greener pastures in Fantom and Lunex.
Fantom surge excites investors
Fantom has been one of the most hyped Layer-1s of late, due largely to the upcoming changeover to Sonic, a new consensus mechanism that greatly improves the performance of the network. It’s expected to boost Fantom’s transaction speed and scalability, thus positioning it as an even better platform for decentralized applications and their makers.
Since the announcement of Sonic, the price of FTM has surged 40% in the past month to a current high above $0.60. This commendable performance has bestowed an increasingly optimistic outlook on Fantom’s ability to compete head-on with Ethereum and other market leaders.
The goodwill surrounding Sonic puts Fantom ahead in the Layer-1 space, as many investors have flocked to FTM in anticipation of further growth. However, Lunex offers superior potential investment returns.
Lunex Network: The next-generation crypto exchange
Lunex combines the speed and comfortability of a centralized exchange with the security and control that a decentralized exchange offers. It sports a multi-chain bridge that integrates other blockchains, making it possible to make cross-chain transactions. This is supplemented with over 50,000 trading pairs, making Lunex arguably the most versatile exchange around.
Besides, the noncustodial architecture secures full control of assets for users and diminishes risks of hacks and thefts, a nightmare many centralized exchanges have had to cope with. When you hold LNEX, you also get access to discounts, perks, and other premium rewards.
Lunex Network is now in presale, with millions of tokens available for just $0.0012. Investors won’t need to wait too long to make returns on their investments; LNEX is expected to appreciate 1,800% before the presale ends.
LNEX’s deflationary nature, meaning tokens are periodically bought from the public and burned, promotes scarcity and preserves its value. So, there’s no telling how high LNEX could soar. That’s why Lunex is one of the fastest-growing crypto tokens today. No investor would want to miss out on it.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
The post Ethereum Price Stalls, ETH Holders Are Moving To Fantom (FTM) Sonic and Lunex Network (LNEX) appeared first on TheCoinrise.com.
