The crypto space is getting hot again. This is because Donald Trump won the election. Recently, Trump said that crypto coins are the future. Binance Coin (BNB) and Toncoin (TON) prices have risen. Even crypto analysts like Byzantine General and CryptoBullet have made bold statements.
The Binance Coin (BNB) Price May See a Rise
Binance Coin (BNB) is one of the best cryptos. CoinMarketCap shows that the price of Binance Coin rose 5%. In that period, its value moved between $578 and $596.
Crypto analyst Byzantine General remains optimistic about this altcoin. According to his X post, Binance Coin (BNB) will see a revival since Donald Trump won. He also predicts that the Binance Coin crypto will soon break through its $650 resistance level.
The technical analysis supports this Binance Coin price prediction. For instance, TradingView shows that this crypto coin trades above its 10-day EMA of $621 and its 20-day EMA of $602. Plus, its MACD level sits at 0.79 and is in the buy zone, which suggests a good entry.
In other news, the recent Messari report for BNB Chain also shows some good signs. Notably, its DeFi TVL rose 2% to $4.85B. Meanwhile, the staked BNB grew by 7% to 32.4M. Therefore, experts think Binance Coin may be one of the top crypto coins.
The Price of Toncoin (TON) Could Reach the $15 Zone
Toncoin (TON) is also making some waves in the crypto space. On the 7-day chart, the Toncoin price increased around 6%, as per CoinMarketCap. This altcoin saw a fluctuating price movement between $5.20 and $5.30 in that period.
Market expert CryptoBullet also made a bullish Toncoin price prediction. According to his X post, the correction for this altcoin is ending, and Wave 5 may start very soon. CryptoBullet forecasts a potential price target for the Toncoin crypto of $12 to $15.
The technicals for Toncoin are also showing some good signs. For instance, TradingView shows its value now exceeds its 10-day EMA. With its MACD level of -0.119 also being in the buy zone, its future appears bright.
Meanwhile, Ton announced that Tonhub has launched a Visa debit card. With this debit card, people can make direct payments using Toncoin or USDt. Thanks to all these developments, market analysts have pegged Toncoin as a good crypto to watch.
Overview of the Crypto Market
Crypto coins received a boost from the recent US elections. With a crypto-friendly president leading the way, many experts do not see this rally ending soon. Binance Coin (BNB) and Toncoin (TON) are already gaining some traction, but other coins may attract attention as well.
Lunex Network (LNEX) – a Quick Look
While this bullish trend continues, Lunex Network (LNEX) is attracting the attention of investors looking for something new. By holding this DeFi coin, people will gain governance voting rights, staking rewards, and much more. With ambitions of dominating the DeFi market through its upcoming non-custodial crypto exchange, which lets people trade tokens across different blockchains, experts hint at LNEX potentially being the next 7x altcoin in 2025.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex NetworkSocials: https://linktr.ee/lunexnetwork
Source: https://www.crypto-news-flash.com/trumps-victory-sparks-crypto-bull-run-binance-coin-bnb-and-toncoin-ton-among-top-performers/?utm_source=rss&utm_medium=rss&utm_campaign=trumps-victory-sparks-crypto-bull-run-binance-coin-bnb-and-toncoin-ton-among-top-performers