Is Near Protocol Cooling Down? Why Aptos’ Price and Newcomer Lunex Are Worth Watching

Near protocol has always been the favorite among Web3 enthusiasts. However, its recent underperformance, where it dropped 20% from last month’s high, has raised questions about whether NEAR’s peak growth is behind it. In other news, Lunex and Aptos are on the radar of every savvy investor interested in riding the waves of massive gains.  [...]

Nov 19, 2024 - 11:18
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Is Near Protocol Cooling Down? Why Aptos’ Price and Newcomer Lunex Are Worth Watching

Near protocol has always been the favorite among Web3 enthusiasts. However, its recent underperformance, where it dropped 20% from last month’s high, has raised questions about whether NEAR’s peak growth is behind it. In other news, Lunex and Aptos are on the radar of every savvy investor interested in riding the waves of massive gains. 

Lunex, in particular, is gaining traction after raising over $2.5 million in liquidity and experiencing a 150% price jump as its presale powers on. Could this shift in investors’ preference trigger a bull run for Lunex and Aptos? Let’s find out!

Lunex Network to emerge as DeFi’s leading token in 2025

As the Near protocol loses steam, Lunex Network is emerging from the fold as a bullish crypto. It focuses on solving real-world DeFi challenges, including slippage-free trading and cold storage support. Investors are buying into it fast, and if Lunex’s adoption rate continues to rise, Analysts project that the Lunex Network token could hit $0.007 from its current price of $0.0026. 

The reason behind these positive sentiments around Lunex Network is its integration of modern Web3 technologies. For instance, compared to other projects on the Ethereum chain, instead of charging gas fees on every transaction, Lunex Network pools liquidity from various sources and offers the lowest possible cost for each transaction. 

Also, crypto traders on the Lunex Platform get access to non-custodial wallets with top features that help them track over +50,000 crypto assets. In addition, all transactions are encrypted on-chain, which means that traders no longer have to worry about their security and anonymity. 

Besides these mouthwatering features, Lunex also allows its holders to earn passive income on the platform through its unique staking rewards, which offer investors a whopping 18% APY. 

Aptos price climbs steady amidst strong fundamentals

After hitting a major support level in August, the Aptos price has been riding waves of resistance levels, and analysts point to its strong fundamentals as the catalyst to propel it further as a bullish crypto. Aptos rose to fame with its fast transaction speed and parallel execution model. 

APT has experienced a 12% surge in trading volume in the first two weeks of November, with bullish sentiment building as its ecosystem expands. Recently, Aptos announced a roadmap that includes further improvements to network efficiency and the onboarding of new apps. With these upgrades on the horizon, Aptos remains a token to watch as it carves out a significant market share in the blockchain space.

Near protocol is losing its initial sway as investors jump ship 

After reaching its ATH of $20, the NEAR price has been consolidating. However, it recently caught the eyes of market participants as it experienced a 40% price jump. The NEAR price finds itself in a dilemma as crypto investors now look to other sustainable projects with higher returns. Analysts believe the NEAR price could lose its initial sway, especially as its key metrics show a negative momentum.

Conclusion 

As NEAR navigates its current challenges and Aptos vies for the top spot, Lunex has emerged as the leading contender everyone is watching. Interestingly, Lunex Network presale is live and active at $0.0026.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.