Decentralized finance is an aspect of cryptocurrency trading and investment, where the main purpose is to generate a steady stream of passive income. That’s why DeFi tokens like Avalanche (AVAX), Injective (INJ), Fantom (FTM), and Lunex Network (LNEX) are designed for this purpose. Simplify your cryptocurrency experience by making profits easy.
But which DeFi tokens – AVAX, LNEX, INJ, FTM – offer the best ROI in the short and long term? Find out in this piece.
Is AVAX still a good buy?
AVAX powers the Avalanche network, an ecosystem known for fast and cheap transactions. AVAX ranks among the top 20 coins by market capitalization and has a great position in the crypto world.
Despite this, Avalanche hasn’t had much success lately, mainly due to negative market sentiment. Its future prospects remain strong as it is a robust ecosystem with many followers. However, investors should pause before jumping into AVAX, as there are other tokens with more potential returns.
Injective’s remarkable rise has slumped
Injective is a layer 1 blockchain built primarily for decentralized finance. The market has been bullish for most of this year, with INJ hitting all-time highs above $50 a few months into 2024. But over the next six months, I slowly lost all the value I had gained in that period.
However, in the last month, Injective has started to rise, gaining 28%. INJ currently sells for $21.50, and its recent price performance has been overwhelming. The sharp selloff took INJ down nearly $5, halting its impressive rally. Injective has a small market capitalization, so if volatility increases further, it could fall further.
Phantom continues to roar
FTM has shown a lot of potential in recent months. The token rose from $0.35 to its current price of $0.7, doubling in price and giving a decent return on investment. Over the past 30 days, FTM is up 67%. This is very impressive.
This makes FTM one of the DeFi tokens worth investing in. However, FTM’s market capitalization recently exceeded $1 billion, making it susceptible to volatility and frequent price changes. FTM may continue to boost returns for crypto investors, but are there any tokens with better potential?
Why LNEX is real
Lunex Network has established itself as a game changer in the DeFi space. It combines the user-friendly experience of a centralized exchange with the speed and accessibility of a decentralized platform to provide cryptocurrency enthusiasts with a superior trading experience.
The Lunex ecosystem also supports over 50,000 trading pairs and leverages aggregation protocols to source liquidity from multiple exchanges to ensure the best rates for users.
LNEX token holders can also stake their tokens during the pre-sale phase and earn rewards of up to 18% APY. This early staking opportunity, coupled with the platform’s revenue sharing model, provides investors with multiple streams of passive income.
As a result, LNEX simplifies investors’ crypto experience by offering the highest ROI. It is currently in presale stage 2 with an attractive entry price of $0.0013 per token. Cryptocurrency experts predict an 1,800% price boom before the pre-sale ends, and early investors will see a 100x return when listed on exchanges.
Learn more about Lunex Network (LNEX) here.
Website: https://lunexnetwork.com
Social: https://linktr.ee/lunexnetwork
