The crypto market has been on fire recently as the UAE announced it would eliminate all taxes on crypto transactions. This event will skyrocket the adoption of crypto currencies in this area. In this space, traders show much interest in Lunex Network (LNEX). This phase two presale star has surged 8% in just a few days. Some experts hint that LNEX could be the next $1 crypto coin in 2025.
This price prediction makes LNEX a potential rival to established crypto currencies like Pepe (PEPE) and Ripple (XRP). Meanwhile, they have seen some green price charts and exciting developments.
What you'll learn 👉
Lunex Network (LNEX) Seen as a DeFi Powerhouse
Thanks to its presale performance, Lunex Network (LNEX) is making headlines in the market. It has sold over 500M LNEX tokens – a big achievement in a few days. This amount has resulted in Lunex Network raising over $675K and potentially reaching $1M before the end of this week. People are interested in what Lunex Network has to offer.
Lunex Network aims to solve many issues that affect crypto trading. For instance, the most prominent problem right now is the difficulty of trading crypto currencies across different blockchains. On Lunex Network, this will be done in seconds and in complete privacy. Since no sign-up KYC checks will be required, traders remain anonymous when dealing with Lunex Network.
Not only that, but Lunex Network also has a community-first focus. To clarify, it will take a percentage of its revenue to buy LNEX tokens off the open market and then give them to LNEX stakers. Due to all these factors, countless traders are now buying the LNEX token. It costs just $0.0013 in phase two of its presale. But, this price may rise by 30x after a Tier-1 CEX lists LNEX soon.
Pepe (PEPE) Looks Like It May Surge
Pepe (PEPE) is another crypto currency that is seeing some growth on the price charts. CoinMarketCap shows that the Pepe price has surged over 20% in the past 30 days. Crypto analyst Jackis also remains optimistic about this token. According to his X post, he is looking for a fake out on Pepe before its HTF continuation continues going up. He also called the Pepe coin the most native meme on the internet.
The Pepe (PEPE) technicals are also showing some bullish signs. Currently, the Pepe coin is trading above its 20-day EMA of $0.0000093 and its 100-day EMA of $0.0000089. Because of all these signals, market analysts have made a bullish Pepe price prediction—reaching $0.00030 before this quarter ends.
Canary Capital Makes an ETF Filing for Ripple (XRP)
Ripple (XRP) has also captured the spotlight. Recently, Canary Capital filed for an XRP ETF. This is now the second company to file for the Ripple crypto ETF this week after Bitwise. If it gets approved, people will be able to access Ripple without actually buying it.
This Ripple news comes as it is rising on the weekly price charts. However, Ripple (XRP) price has dipped around 0.6% on the monthly chart. Currently, this crypto currency is trading between $0.53 and $0.64. The Ripple coin is also trading above its 9-day Hull moving average of $0.52. Experts forecast a potential rise to $0.67 for Ripple soon.
What May Come for Lunex Network (LNEX), Pepe (PEPE) and Ripple (XRP)?
The crypto market is bound to grow thanks to Lunex Network (LNEX), Pepe (PEPE), and Ripple (XRP). Since LNEX has a smaller market cap than these cryptocurrencies, it may see faster growth with less money. Also, since it may dominate the crypto trading market, which Statista projects may hit $45.3B by 2025, its long-term growth potential is better. Experts predict it may reach a value of $1 next year.
You can find more information about Lunex Network (LNEX) here:
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