Cryptocurrencies have been one of the prominent topics of the 2024 U.S. presidential campaigns, resulting in thousands of predictions regarding certain popular crypto coins. The price of Tron, according to Altcoin Daily, may likely reach $2 in the event of positive legislation on cryptocurrencies.
On the other hand, the Pepe (PEPE) meme coin continues its slow and steady trend in bearish territory, with holders desperately seeking better prospects. Smart investors are now moving to top-performing coins like Lunex Network (LNEX), which has seen its price rise by more than 58% over the last few weeks.
Tron (TRX) Price Drops But Analyst Forecasts New Peak of $2
According to CoinMarketCap’s data, the Tron (TRX) coin has been on a major price decline in the weekly timeframe. The Tron crypto has started the week on a positive note but met with resistance at $0.17.
The selling pressure pushed the value of the token to the $0.162 region and close to the support at the 50-SMA ($0.158383). On the other hand, the Tron coin is still bullish on the monthly timeframe. The price of the cryptocurrency is up 5.2% on this level, which is a bullish sign.
Meanwhile, Crypto Tony is bullish about Tron (TRX). The analyst believes a new all-time is lurking around the corner. Altcoin Daily had predicted earlier in July the Tron price might soar to $2 in 2025. In other news, the total number of accounts on the Tron network has crossed 269 million.
Pepe (PEPE) Bows To Bear Market Pressure
The Pepe (PEPE) memecoin has plunged to former lows due to high selling pressure in the crypto market. Data from CoinMarketCap reveals the value of the Pepe coin has dropped by 14.7% in the weekly timeframe.
The cryptocurrency is also bearish on the biweekly and monthly levels, with losses of 18.8% and 12.5%, respectively. Going forward, RationalGaze argues the Pepe price could soar to $0.00001400 soon.
According to them, the value of the memecoin might drop if Kamala Haris wins the US election. Afterwards, it could begin another upward movement to $0.00001400.
The latest price forecast comes as Robinhood Crypto announced that Pepe (PEPE) transfers are now live on the exchange. Users can now deposit and withdraw the Pepe crypto.
Lunex Network (LNEX) Expected To Surge 15x in 2025
Lunex Network (LNEX) is gaining a lot of traction with its platform, which allows the swapping of 50,000 coins across many blockchains at low costs. The platform also supports the use of privacy by eliminating the use of KYC forms. This is a good option for investors who want to remain anonymous online.
Additionally, Lunex Network does not use such external wallets as MetaMask for transactions, so the swaps on the platform are faster and easier. Another advantage of the platform is its simplicity. Lunex was designed with low graphic input and can be accessed through mobile devices.
The process is very simple: choose a cryptocurrency, enter the desired wallet address, and swap – no confusing procedures or identity verification requirements. Lunex Network currently offers its native token, $LNEX, for $0.0019. After its 58% price increase, analysts predict that the altcoin price may rise by up to 15x in 2025, which makes it one of the best coins to invest in.
In Summary
While the price of Pepe (PEPE) goes down and the future of Tron (TRX) is still bleak, investors have pivoted to the most bullish coin in the market, like Lunex Network (LNEX). The price of the altcoin has actually risen by 58% in the last month, which positioned it among the best performers in the market. For investors looking for a top crypto in the unstable market, Lunex Network is a good opportunity to consider.
You can find more information about Lunex Network (LNEX) here:
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Source: https://thecryptobasic.com/2024/11/08/tron-will-trade-at-2-by-2025-pepes-bearish-movement-pushes-investors-to-this-defi-coin/?utm_source=rss&utm_medium=rss&utm_campaign=tron-will-trade-at-2-by-2025-pepes-bearish-movement-pushes-investors-to-this-defi-coin