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For far too long, Ethereum's price has been hovering below analysts' $4k expectations. However, many experts still think this important milestone is attainable, and it could trigger a rippling effect that sends altcoins to a major bull run.
Among these contenders, Lunex Network stands out as a rising star, poised to capitalize on the renewed momentum in DeFi and Web3 innovation. In fact, its ongoing presale is leading to a market resurgence as it draws in more than $3M in liquidity and significant attention from investors. Read on to learn more.
Ethereum price stalls below $4k, but analysts predicted a December bull run
Ethereum is the most highly revered DeFi innovator, but its slow momentum is raising some doubts. Just recently, BTC went to the brink of a six-figure value, and Solana broke ATH. However, Ethereum is still stuck below $4k—a level it hasn’t breached since early 2022. Investors are growing restless, asking why Ethereum price is lagging, and whether December could finally deliver the breakthrough.
Once the undisputed leader in smart contract technology, Ethereum has seen its dominance challenged. Competitors like Solana have surged ahead. Unfortunately, the network’s high gas fees and congestion remain persistent issues. Yet, analysts believe December could be the turning point for Ethereum.
Historically, the final month of the year often sees a surge in crypto prices. The renewed investor enthusiasm and capital rotation can see ETH rise, too. Upcoming developments could be the catalyst that pushes Ethereum back to the precipice of DeFi innovation. As of press time,Ethereum price is hovering around $3,300 with a modest 30% surge MoM.
Lunex Network dominates presale, Can a $4k Ethereum pricetrigger more runs?
Lunex Network is riding the wave of Ethereum price’s optimism to dominate its presale. This revolutionary Ethereum-based decentralized exchange is capturing attention with its innovative cross-chain technology, user-friendly design, and privacy-focused design.
Lunex promises to eliminate the barriers of traditional exchanges by offering seamless interoperability across 40+ blockchains and 50,000+ trading pairs. With Lunex, it's one for all. Beginners get an inclusive, user-friendly and supportive trading environment. Businesses get a first-in-class e-commerce-friendly API solution, and savvy traders benefit from advanced trading APIs, tools and products.
The platform’s standout revenue-sharing model is particularly appealing. By allocating 18% of its profits to LNEX token holders, Lunex offers a unique blend of passive income and long-term growth potential. Currently in presale, Lunex tokens are available for just $0.0031. If Ethereum’s potential breakout above $4,000 sparks a broader market rally, Lunex Network’s innovative features and investor-friendly ecosystem could make it one of the standout winners of this bull run.
Conclusion
Ethereum price has always been the catalyst for altcoin bull runs. While Ethereum's long-anticipated breakthrough could redefine its dominance in the DeFi space, it also opens the door for innovative projects like Lunex Network to shine this bull run. If Ethereum surpasses $4,000, the ripple effects could not only elevate established altcoins but also propel trailblazers like Lunex to unprecedented heights. With its presale already a massive success and analysts projecting significant growth, Lunex Network is more than just a contender—it’s a glimpse into the future of DeFi.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
