Bitcoin’s $90,000 Breakout Fuels Altcoin Prices Soar: Avalanche, Cardano, and Lunex Lead
The entire cryptocurrency market is currently experiencing a positive surge as a result of Bitcoin trading over the $90,000 range, and everyone is eagerly awaiting alt season. Already, a few of the leading altcoins are breaking multi-year highs and pushing for new ones. The value of Avalanche (AVAX) has now surpassed $50. With a target of $6, Cardano (ADA) is displaying significant bullish momentum. However, Lunex Network has raised more than $4 million. By the first quarter of 2025, it is now aiming for $10 million.
Cardano (ADA) Gains 10.36% in a Week: Will ADA Reach $6 Soon?
Tuesday saw the Cardano cryptocurrency surpass $1.30, further accelerating its upward trend. The DeFi token is still trading in the green zone despite a setback. According to CoinMarketCap data, ADA has increased by 10.36% during the past week. Additionally, it has gained 223.62% on the monthly level and 72.2% on the biweekly chart. According to ALLINCRYPTO, the price of Cardano may increase to $6 in the upcoming weeks. They observed that the altcoin was moving similarly to how it had in earlier rounds.
Avalanche (AVAX) Set for $100 Surge: Grronk Predicts Massive Price Rally
The past month has seen a positive performance from the Avalanche coin. Analysts such as Grronk have taken notice of it as its value has risen by more than 100%. He maintained that a rerun of history is imminent. He predicted that in the coming weeks, the price of Avalanche may rise to $100. First, Grronk anticipates that AVAX will surge to $60 before turning into a level of support. The Avalanche (AVAX) coin may then surge to $130, according to the analyst’s prediction.
According to CoinMarketCap, it has crossed $50 and is up 122.6% on the 30-day chart. There may be a slight market adjustment in the days ahead because the relative strength index for cryptocurrencies is in the overbought region.
Lunex Network (LNEX) Tokenomics Drives Profitable and Sustainable Growth for Users
In addition to raising over $4 million at the presale stage, Lunex Network (LNEX) has been drawing notice for its institutional viewpoint. Its B2B merchant payment gateway, which allows businesses to accept cryptocurrency payments and convert them into fiat cash, is one of the primary areas that has drawn institutional attention.
Companies will be able to engage with the crypto economy due to this product, which may serve as a link between conventional finance and the emerging cryptocurrency space. The DEX platform, the primary product of Lunex Network, features a unique swapping mechanism that enables the exchange of over 50,000 coins. $LNEX, the platform’s native coin, supports the platform. For both the platform and its users, LNEX’s tokenomics are completely profitable and sustainable.
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