A crypto trader who accurately predicted BNB’s (BNB) rise from $50 to $700 is now focusing on two exciting projects, XRP (XRP) and rising star Lunex Network (LNEX). Although the announcement of XRP’s new stablecoin (XRP) caused a slight price increase, it appears to be losing momentum and raises concerns about its long-term development.
Lunex Network is silently developing a new DeFi platform that offers token holders a special opportunity to benefit from its multi-blockchain ecosystem and participate in the platform’s revenue. But which one enters XRP coin and the LNEX token will generate the highest profits in 2024, although both are positioned for possible significant increases?
Lunex Network: Unlocking the potential of DeFi
Lunex Network provides an easy-to-use platform that allows even novices to comfortably use DeFi. Beyond its simple interface, Lunex Network offers token holders an interesting opportunity to benefit from weekly income from the exchange. Additionally, Lunex network users have access to over 50,000 coins on over 40 blockchains to trade or exchange.
With multiple revenue streams including trading and transaction fees, subscription fees to its portfolio tracking app, node rental, and new registration fees, Lunex Network is poised to build a sustainable financial ecosystem . In addition to driving network expansion, this varied revenue stream explicitly benefits LNEX token holders.
Additionally, a portion of the earned revenue will be deliberately reinvested to purchase LNEX tokens on the open market, thereby supporting and increasing the value of the token. Currently in Stage 4 of its presale and with tokens valued at an attractive $0.0017, this offers investors an excellent chance to secure their place in the bright future of Lunex Network.
BNB Price Chart Analysis
THE BNB Coin has been trying for several months to break above the key resistance level of $600. After the incredible rise of Bitcoin beyond $67,000, the BNB Coin is showing encouraging signals of a possible rally that could take it to a new all-time high.
Particularly ZAYK Charts, which proposes that the altcoin is poised to show a notable bullish breakout on a daily basis BNB Price Chartanalysts are hopeful. Targeting around $830, investors looking to take advantage of this momentum could soon see a possible 50% upside.
Nonetheless, investors in BNB (BNB) should exercise caution since this optimistic view depends on the price of BNB (BNB) consistently holding above the support level of around $587. If BNB (BNB) closed below this level, it would contradict hopeful projections and indicate a reversal in momentum.
XRP Price Chart Analysis
THE XRP coin performed poorly compared to the previous week, with an increase of less than 3%. Furthermore, the XRP coin negotiated below $0.57 over the past 3 weeks, and price action has been modest despite a brief boost after October 15th. announcement of Ripple’s new stablecoin partners RLUSD.
On October 17, XRP (XRP) briefly climbed to $0.5617 as buzz built around Ripple’s stablecoin awaiting regulatory certification. But this enthusiasm soon faded and by October 18, XRP (XRP) had fallen to around $0.55.
Investors should be concerned if this downward trend seen in the market XRP Price Chart continues since the altcoin price could come under even more negative pressure. The lackluster results and low trading activity indicate that XRP (XRP) may be losing momentum, leading many traders to consider other altcoins like Lunex Network with more growth potential.
LNEX could generate more gains than BNB and XRP
Smart investors are focusing on Lunex Network for the next big opportunity as BNB (BNB) hits crucial resistance and XRP (XRP) fights to maintain its momentum. Lunex Network is more than just a DeFi project: it could be a game-changer with its special blend of anonymous, low-cost trading and multiple revenue streams. Don’t miss the expected rally of the LNEX token.
Discover the exciting opportunities of the Lunex Network (LNEX) Presale today!
Website: Lunex network
Join our Telegram community
Follow us on
Warning: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.
