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Cryptocurrencies are fast becoming part of everyone’s daily lives and could soon replace fiat currencies. As reported by Crypto Barbie via X, $10 Trillion asset manager BlackRock believes crypto is being adopted faster than the internet and mobile phones. This could be possible with the rising adoption of cryptos for payment.
Given the massive interest in cryptos, Lunex Network, the new DeFi crypto exchange, just transitioned to stage 3 presale after the second stage was sold out within days. While the likes of Ripple and Bittensor have witnessed positive predictions, investors are keenly interested in the LNEX token which is tipped for 100x soon. Let’s see why.
Lunex Network is the Cryptocurrency to Watch Out for in 2024
With the rising adoption of DeFi in financial transactions, Lunex Network has developed a model to make the DeFi industry more appealing. At Lunex Network, investors can trade or swap cryptocurrencies seamlessly without worrying about KYC or security. The ecosystem’s non-custodial wallet ensures that users buy, sell, and swap cryptos all from one account.
Moving forward, Lunex Network supports over 50k trading pairs across various blockchains at the lowest cost. Even at that, there is also a portfolio tracker that allows you to monitor your assets. To boost your income, you can stake your tokens for as little as 30 days and earn up to 18% in APY rewards.
The ecosystem also supports multi currency staking, giving you a chance to stake cryptos like Bitcoin, etc. Outside of these, you can also use cryptos as collateral to access loans in fiat or USDT. All merchant and listing fees will be paid in LNEX thereby increasing buying pressure. To give back to the community, the team is introducing a profit-sharing model.
This model allows the team to buy back the LNEX token from the open market. From there, a percentage will be shared among token holders, boosting the LNEX price in the long term. At the ongoing stage 3 presale, the Lunex Network token is sold for just $0.0015. With early investors already in profit, now is the best time to buy before the price heads to the moon.
XRP Price to Soar Despite Dip
The reopening of the Ripple’s (XRP) case with the SEC has increased more pressure on the altcoin. CoinMarketCap stats show that XRP price has dropped by 0.36% in the past week as investor concerns build up. Having hit $0.65 in late September, Ripple’s price has found itself struggling at the $0.50 mark.
While the Ripple case continues to linger, XRP influencers such as JackTheRippler remain optimistic about a rally. According to Jack, Ripple’s price will head towards $100 in 2025. An XRP at $100 means the Ripple market cap will hover around $5.6T, which is likely an unrealistic projection.
Although XRP price is wobbly, other key indicators are down. The XRP market sentiment is bearish, while the fear and greed index is neutral. Despite this, Coincodex sees a better performance by XRP in the coming weeks as it projects an 18% gain by November.
Bittensor Recovery Impressive Despite Setback
Bittensor (TAO) is one of the top performers in the market. After successfully breaking out of the corrective phase, Bittensor has been on a steady upward movement. Bittensor price surged 103% in the past month and 0.28% in the past week, according to CoinMarketCap.
For Trade Addict, a crypto trader, Bittensor is recovering well after some previous lows. The trader is optimistic of a breakout above the highs, which could push the TAO price to $1000 and above soon. While the analyst linked the performance to the Bitcoins market outlook, the trader also maintained that Bittensor crypto is a heavy outperformer.
Going further, Bittensor has already recorded 20 green days in the past month with 28% price volatility. The Bittensor coin is already trading above the 50-day and 200-day SMA. As such, if the Bittensor price can maintain its current positive trajectory, it could hit $900 by December.
Which Coins are Set to Surge 300x by Q4 2024?
There are many hidden gems in the crypto market, despite the difficult terrain. Traders and crypto enthusiasts could invest in Lunex Network, XRP, and Bittensor for massive returns this year. With LNEX in presale, now is the best time to invest for maximum future gains.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://coinedition.com/lunex-network-preps-to-leave-bittensor-and-ripple-behind-as-blackrock-asset-manager-makes-bold-crypto-prediction/