Retail investors can emulate the actions of crypto whales to ensure they invest where the smart money goes. Crypto whales have resources the average Joe does not, and they are unlikely to make decisions that would negatively impact them.
Thus, when the XRP news came through that Gensler was re-appealing the Ripple Labs court decision, crypto whales had enough of XRP. Similarly, Dogecoin. Meme coins are yesterday’s news, and the crypto whales are not interested in memes anymore. But there’s a massive interest in Lunex Network, a new crypto exchange currently in presale. Let’s see how the market reacted.
What you'll learn 👉
Lunex Network (LNEX): Crypto exchange presale crabs crypto whale investment
Presales is where the smart money goes to get tomorrow’s giants at never-to-be-repeated prices, and right now, Lunex is grabbing enormous investor interest. The Lunex presale has not been going for a month yet, and it has already gained over $1.25 million in liquidity from crypto whales looking for the next big thing.
Lunex Network has the potential to be bigger than Elvis. It’s a new hybrid crypto exchange designed from the ground up to be the perfect platform to trade crypto and stake DeFi. Lunex Network offers unsurpassed liquidity, over 50,000 trading pairs, anonymity as Satoshi intended crypto to be, and the security of non-custodial wallets, all while providing professional-grade trading tools crypto whales need.
Lunex Network may topple Binance as the go-to crypto trading platform, so getting in now could be the best investment one could make in years.
XRP (XRP): XRP News out of SEC seems grim
It seems the XRP news is never great. New on the XRP news front is that Gensler is digging in his heels again and is insisting that XRP is a security, despite things not looking great for Gensler. Earlier this year, at the Bitcoin conference, Trump stated he would fire Gensler on day one. Regardless of what one may think of Trump, we’ll have to take him at his word on this, and it seems Trump is taking the lead in the polls.
If Trump wins, the XRP news could be good, but don’t bet on it. Even without Gensler’s interference, XRP’s use case has become obsolete, with Ripple Labs selling their RippleNet infrastructure without requiring XRP to drive it.
Dogecoin (DOGE): Could Elon save a faltering coin?
Crypto whales loved meme coins, but it seems the days of memes are over. Dogecoin is still the #8 placed token, but the Dogecoin price is down 81% of its ATH. Elon Musk has been a long-time Doge fan, and now Trump has said Musk would have a place in the Trump administration should the Republican candidate win. This would be good news for crypto all around, and Dogecoin would undoubtedly get a boost.
But unless Musk does something to give Dogecoin some real-world application and value, not even the world’s richest man and his buddy, the President, can save Dogecoin from eventual self-destruction.
Conclusion
Some coins have intrinsic value and will do what they do regardless of external circumstances, but Dogecoin and XRP are just too tied to the outcome of the November 5 election, and crypto whales do not like uncertainty.
This is why retail investors can follow the crypto whales and buy Lunex Network during presale at $0.0017.
You can find more information about Lunex Network (LNEX) here:
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
