Simplify Your Crypto Experience With 4 Defi Tokens: Avalanche (AVAX), Lunex Network (LNEX), Injective (INJ), and Fantom (FTM)

Decentralized finance is an aspect of crypto trading and investing where the major aim is to generate a steady stream of passive income. So, DeFi tokens like Avalanche (AVAX), Injective (INJ), Fantom (FTM), and Lunex Network (LNEX) are designed for this purpose. They simplify your crypto experience by bringing you easy profits. But which of [...]

Oct 4, 2024 - 08:07
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Simplify Your Crypto Experience With 4 Defi Tokens: Avalanche (AVAX), Lunex Network (LNEX), Injective (INJ), and Fantom (FTM)

Decentralized finance is an aspect of crypto trading and investing where the major aim is to generate a steady stream of passive income. So, DeFi tokens like Avalanche (AVAX), Injective (INJ), Fantom (FTM), and Lunex Network (LNEX) are designed for this purpose. They simplify your crypto experience by bringing you easy profits.

But which of these DeFi tokensAVAX, LNEX, INJ, and FTM, offers the best ROIs in the short and long term? Find out in this piece.

Is AVAX still a good buy?

AVAX powers the Avalanche network, an ecosystem known for fast and cheap transactions. It has gained significant stature in the crypto world, as AVAX is ranked amongst the top 20 coins by market cap.

Nevertheless, Avalanche hasn’t had much success in recent times, owing primarily to negative market sentiments. Its future potential remains strong, as it’s a robust ecosystem with lots of following. However, investors should pause before going in on AVAX, as there are other tokens with better potential returns.

Injective’s impressive rally falters 

Injective is a layer-1 blockchain built majorly for decentralized finance. Since the market has been bullish for the major part of the year, INJ hit an all-time high above $50 a couple of months into 2024. However, it gradually lost all the value it gained in that period over the next 6 months.

In the past month, though, Injective started rallying, appreciating by 28%. INJ currently sells for $21.50, but recent price performance has been underwhelming. A sharp drop saw INJ lose close to $5, halting its impressive rally. Due to its smaller market cap, there’s a chance further volatility would see Injective drop even lower.

Fantom keeps roaring on

FTM has shown a lot of promise over the last couple of months. The token rose from $0.35 to its current price of $0.7, doubling its price and fetching decent investment returns. In the last 30 days, FTM appreciated by 67%, which is quite impressive.

This makes FTM one of the DeFi tokens worth investing in. However, it’s also susceptible to volatility and frequent price fluctuations since FTM’s market cap just recently crossed $1 billion. FTM might keep boosting crypto investors’ profits, but is there a token with superior potential?

Why LNEX is the real deal

Lunex Network positions itself as a game-changer in the DeFi space. It combines the user-friendly experience of centralized exchanges with the speed and accessibility of decentralized platforms to provide a superior trading experience to crypto enthusiasts.

The Lunex ecosystem also supports over 50,000 trading pairs, leveraging an aggregation protocol to source liquidity from multiple exchanges and secure the best rates for users.

LNEX token holders can stake their tokens even during the presale phase, earning up to 18% APY in rewards. This early staking opportunity, coupled with the platform’s revenue-sharing model, offers investors multiple streams of passive income.

As a result, LNEX simplifies investors’ crypto experiences by offering the best ROI. It is currently in presale stage 2, with an attractive entry price of $0.0013 per token. Crypto experts predict an 1,800% price boom is on the cards before the presale ends and a 100x gain for early investors once it lists on exchanges.

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.