Tron matches Cardano’s massive price pump to reach new ATH with 18x price pump as Lunex network eyes.
Cardano (ADA) recently hit the crypto market as it rose from $0.31 to $1.3 for the first time since 2021. Tron (TRX) has been matched with the amazing ADA price pump, bringing more than 100% to set a new all-time high (ATH).
As TRX holders celebrate their first ATH in more than seven years, new competitor Lunex Network (LNEX) is poised for a big price pump. If LNEX goes up 200%, analysts believe this bull run could be up to 18x higher.
Tron (TRX) pumps to a new all-time high
As bullishness among altcoins continues to grow, Tron coin stands out with a 100% price pump on CoinMarketCap. As TRX rose above $0.4407, the altcoin saw a significant increase in trading volume to over $14.7 billion.
While this is the first time that Tron Crypto has set a new ATH in over 7 years, there is debate over where the altcoin price could go. According to MMCrypto, TRX is likely to suffer a major decline due to a key support level around $0.3750.
However, Team LAMBO said $TRX could be early to form a major bull flag. According to the data, the bottom of the trend to defend the Tron token is at $0.35 – 0.36. A break above $0.42 could lead to a rally to $0.60.
Price pump Cardano (ADA) can go up to $3.
Before the massive TRX price pump, Cardano (ADA) led the top altcoins with gains. From a monthly low of $0.325, Cardano's price rose to trade above $1.3 for the first time since early 2021. With ADA dropping to the $1.20 price range, according to CoinMarketCap, analysts believe the altcoin will soon extend its gains.
According to Jupiter, Cardano's coin will go “absolutely BERSERK this cycle” and could take it to $3 thanks to the extensive ecosystem built for retail and institutional customers. The latest milestone reached by the Cardano network is one of the reasons why crypto experts are so bullish about ADA.
According to Dan Gambardello, Cardano's Hydra TPS has just passed 1 million and is “just getting started.” Additionally, unique active addresses on the network have surpassed 100,000 unique wallets, according to Benjamin Cowen.
Top investors 18x Lunex Network (LNEX) fuel for fuel price pump
Interest in Lunex Network (LNEX), the new trading platform's native coin, has been steadily building over the past few weeks. Due to this, the DiFi project has raised more than 4.5 million dollars from investors. There is high interest in LNEX coin because stakeholders can earn up to 18% API.
The Lunex Network aims to create a low-cost trading and exchange platform on multiple blockchains such as Ethereum and Solana. This is why there has been so much interest in the Lunex network as a fast and cheap way to switch between multiple chains.
The Lunex ecosystem also features a B2B merchant payment gateway that allows companies to accept cryptocurrency and easily convert it to fiat in real time. The Lunex network also has a service called Lunex Pro.
This is the paid version of this platform, providing advanced trading tools and analytical tools for both beginners and experienced traders to make better decisions. The LNEX coin has also kept pace with the likes of $TRX and $ADA, rallying over 200% to its current price of $0.0038.
In conclusion
As Tron (TRX) compares to Cardano's (ADA) recent price pump, holding the $0.35-$0.36 support level will be crucial to extend gains over the next few weeks. Meanwhile, as the Lunex ecosystem expands, experts are positive that the LNX coin could register an 18x price pump.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
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