Why Fantom (FTM) and Toncoin (TON) Are Looking over Their Shoulders at This New DeFi Titan Predicted to 100x

Lunex Network also has a strong position to penetrate the DeFi market which is likely to reach $450 billion by 2032.

Andy Watson By Andy Watson Julia Sakovich Edited by Julia Sakovich Updated 3 mins read
Why Fantom (FTM) and Toncoin (TON) Are Looking over Their Shoulders at This New DeFi Titan Predicted to 100x
Photo: Lunex Network

Fantom FTM $1.25 24h volatility: 4.4% Market cap: $3.50 B Vol. 24h: $1.61 B and Toncoin TON $6.86 24h volatility: 3.6% Market cap: $17.50 B Vol. 24h: $818.37 M are big names in the DeFi space, but a new threat, Lunex Network, is attracting FTM and TON investors and fans. Likely to grow 100x, Lunex Network provides unique innovations and an ambitious revenue-sharing model, which is igniting the crypto industry. Competition is raging and Toncoin and Fantom investors are watching to find out if Lunex Network might tip the balance of power in decentralized finance in its favor.

Fantom (FTM) Continues to Target $2 before 2025

Fantom (FTM) has recently surged to test a horizontal resistance level. Analysts are optimistic and some project a 345% gain by year’s end in case Fantom can regain and hold critical price levels to make a new ATH.

Fantom must first secure the $0.75 mark and turn the $0.8 resistance into support to attain this bullish outlook. In case these milestones are met, Fantom might be on track for a speculative rally with its target above $3.

Toncoin (TON) Set to Surpass Ethereum by the End of the Year

Toncoin is positioned uniquely in the Binance Launchpool, with projections suggesting it could surpass Ethereum’s user base by the end of 2024. Linked to Telegram, the Toncoin network is advancing quickly toward overtaking ETH in total users, marking a significant shift in blockchain adoption. The Toncoin user base has already reached 112 million, close to Ethereum’s 137 million.

Industry experts believe that the Toncoin network gains nearly 500,000 new holders daily, resulting in over a 39% boost in its daily trading volume. If this growth continues, Toncoin could surpass Ethereum’s user count by December, though a more cautious estimate places this milestone around February 2025.

Toncoin’s price currently trades close to $5, recently testing resistance at $5.26. Technical indicators suggest a possible dip to its support level at $4.44 due to emerging selling pressure. However, if bullish momentum builds, Toncoin could rise to $5.91 and potentially face resistance at $8.00.

From Early Stages to Long-Term Value: Why Investors Are Eyeing Lunex Network

Lunex Network offers a comprehensive platform where users can trade, transfer, store, and stake tokens all in one place, simplifying DeFi for enthusiasts. The platform is dedicated to enhancing user experience and providing special benefits to its community. Subscribers to Lunex Pro, for instance, enjoy notable transaction fee discounts, and $LNEX token holders receive rebates on every trade. This approach encourages $LNEX token use and cultivates a loyal user base eager for these rewards.

The Lunex Wallet uses machine learning and artificial intelligence to provide a range of features for DeFi activities, including staking, lending, and borrowing. These advanced tools simplify asset management and growth. Traders of all levels can use the wallet’s intelligent features and approach to decentralized exchanges: from complete beginners to seasoned professionals.

Lunex Network also has a strong position to penetrate the DeFi market which is likely to reach $450 billion by 2032. Even a small share of this market could significantly boost Lunex Network’s valuation. Currently, each $LNEX token is priced at $0.0019 in the fifth stage of the presale, making it an appealing investment opportunity. This moment is ideal for those looking to get involved in this promising DeFi protocol.

In light of the market enthusiasm for projects like Fantom and Toncoin, Lunex Network appears ready for long-term growth, with strong potential to secure a significant part of the DeFi industry by 2032.

You can find more information about Lunex Network (LNEX) on the website or social media accounts.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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