Crypto
Although the crypto market has faced intense selling pressure in the past few days, market watchers think this is the best opportunity to accumulate popular altcoins like BNB and Sui as Trump’s inauguration approaches. Binance Coin price is facing critical pressure, trading below the $700 mark, with the Sui token struggling to hold the major $4.50 support zone.
In contrast, the Lunex Network (LNEX) price has jumped to $0.0056 from the initial $0.0012, signaling that investors who bought the DeFi coin a few weeks ago have made over 366% ROI even as the market dips. Backed by a next-generation Web3 DeFi trading exchange, analysts believe the robust features of the ecosystem will trigger high-level DeFi adoption.
Binance Coin Price Analysis – Can BNB Value Reclaim the December High?
Binance Coin is among the top crypto coins that have faced intense pressure, triggered mainly by the US job data news, which slowed down the expectation of a new interest rate cut early this year. However, the crypto market is expected to rebound after Trump’s inauguration on January 20 due to his pro-crypto stance.
Looking at the BNB price chart on Tradingview, the altcoin has formed short-term support at $683 as bulls look to defend this critical support zone. A rebound could push the altcoin price towards the $793 December high. As per the CoinMarketCap data, the BNB price has dipped by 5% in the past week. However, the BNB trading volume is rising, which could trigger a bullish rally.
In his BNB price prediction, Jonathan Carter claims that the Binance coin is forming a clear ascending triangle pattern on the weekly timeframe. A breakout could trigger a bullish movement toward $2000. Although the BNB market sentiment is bearish, the Fear and Greed index is 62 (Greed). With the rising market activity, a resurgence could be on the way.
Can Sui’s Price Break Into $10 in Q1?
Sui is one of the altcoins that has shown strength in the face of the crypto market selloff, maintaining the critical $4.50 support zone. CoinMarketCap data shows a slight 4% drop in the 30D timeframe, signaling the resilience of the bulls. The Sui trading volume has jumped by 50% to $1.32B in the past 24 hours.
This rising market activity might see the altcoin rebound above $5, with a high potential of witnessing massive rallies soon. Using the Sui price chart on X, crypto analyst MartiniGuyYT thinks that the Sui token will move from $5 to $50 in the next 12 months.
In the Short-term Sui price prediction, Rose Premium Signals thinks that Sui crypto could rally towards $6.50. Although the Sui market sentiment is neutral, the altcoin price is above the 50-day and 200-day SMA. With the 600% gains in 2024 and the recent 82 million tokens unlock, which has enhanced liquidity, the next rally could push the Sui price toward the $10 mark.
Lunex Network – a New Crypto Project on a Mission To Boost DeFi Adoption
The DeFi industry was one of the talking points in the 2021 bull season, and analysts think the DeFi market cap will hit $200B in 2025 as more investors ditch traditional finance institutions that have faced regulatory scrutiny in the past years. Lunex Network (LNEX) is projected to lead the DeFi revolution through the new trading exchange that allows for seamless trading of digital assets.
Thanks to the multi-chain approach, users can spot trade over 50,000 crypto pairs across over 40 blockchains without the need for KYC or wallet connections like Trust wallet. The unique portfolio tracker allows users to track multiple assets, enhancing trading decisions and boosting profits. At Lunex Network, users can buy, sell, and swap assets within the comfort of one app.
Outside of the immutable smart contract, the Lunex Network trading exchange offers low fees, zero slippage, and rapid execution, making it easier for traders and businesses to use the platform. Businesses can utilize the B2B payment gateway to accept cryptos as a form of payment from customers and convert them into fiat.
One of the trading exchange’s benefits is the profit-sharing model aimed at rewarding LNEX token holders. Users can also take advantage of the staking model and stake their tokens for a high APY yield. Given that the LNEX token will be used for listing fees in the exchange, its value is expected to rise rapidly. As such, at $0.0056, now is the best time to invest in LNEX. Analysts picked it among the best DeFi coins to watch in Q1.
Can LNEX Enter Into the Top 10 Altcoins of 2025?
The struggling crypto market has seen both BNB and Sui values plummet massively, creating fears among holders. However, Lunex Network’s value has continued to rise due to the robust features of the Lunex Network ecosystem. With reward mechanisms that include cashback on transactions and a profit-sharing model, its adoption is likely to grow in the coming months. This could trigger massive rallies for the LNEX token. As such, LNEX has the potential to enter the top altcoins of 2025 sooner than anticipated.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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