The bull run is ramping up and investors are shifting their focus from memes to utility-driven projects. After spending months on the sidelines, Cardano (ADA) and JasmyCoin (JASMY) have taken the spotlight with massive triple-digit surges.
Although both of these projects will likely reach much higher price targets, savvy investors know that the real returns will be granted by undervalued gems that are still flying under the radar, with Lunex Network being one of the most prominent examples.
Cardano Is Gearing Up For The Next Rally
Cardano (ADA) has triumphantly reentered the crypto top 10 with a 205% monthly increase that saw its market cap reach a staggering sum of $42 billion. After forming a local top at $1.30, Cardano retraced and is now consolidating around $1.21.
According to CoinGlass data, over the last day, Cardano saw a surge in open interest (OI), now standing at 915 million ADA, or roughly $1.1 billion. Moreover, TapTools has shared some intriguing insights on X, regarding Cardano’s smart contract volume, which is on its way to crossing the $4 billion mark. These factors combined highlight growing interest in Cardano, and that its real run is just starting.
JasmyCoin Is Retesting Lower Levels As Buyers Step In
After trading in a narrow channel for months, JasmyCoin (JASMY) broke out of its range with a 150% monthly surge that saw its price soar to $0.059. After a predictable sell-off, JasmyCoin experienced a pullback and is now trading at $0.048 with a 4.8% intraday decrease.
JasmyCoin has entered a strong uptrend and investors are paying attention, as reflected by the 91% increase in active addresses, as per IntoTheBlock on-chain analysis. Analyst and trader Steph Is Crypto has drawn attention to a multi-year cup & handle formation on the JasmyCoin chart. JasmyCoin is now breaking out of this pattern, and its next move could see it reclaim 2022 levels, with the first major target being $0.21.
Lunex Network Could Leave DEX Competitors In The Dust
Lunex Network is much more than just another run-of-the-mill decentralized exchange. The protocol is fully non-custodial and allows for near-instantaneous transactions across 50,000 assets. This means near-instant transfers across all major blockchains including Bitcoin, Ethereum, and Solana.
To complete a transaction, users just need to choose the crypto pair, input the address, and confirm. This ensures a frictionless experience with lower waiting times and fees. No KYC is required to join and no third-party wallet is needed either.
Moreover, Lunex offers a unique portfolio tracker allowing for effortless asset management across different classes, including crypto, stocks, and NFTs. This tracker comes with built-in analytics and data feeds, allowing users to keep up to speed with the market at any given time.
Businesses who want to integrate crypto payments in their system, but lack the technical know-how, will be able to do so via the Lunex Network B2B payment gateway API. This will allow them to accept cryptocurrencies and have them instantly swapped for fiat.
Lunex Network also guarantees a passive income avenue for holders of the $LNEX token. Every week the exchange will use a portion of its profits to buy $LNEX on the open market. These tokens will then be distributed to users as staking rewards with up to 18% APY.
So far, over $4.6 million has been raised during the presale with $LNEX tokens selling at just $0.0038. This is the perfect entry point for early buyers who want to be on the winning side of the incoming DEX revolution spearheaded by Lunex Network.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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