Ripple and Toncoin Continue Poor Price Movement; Top Analysts Pick New Coin To Skyrocket 15x

Bianca Carvalho
By Bianca Carvalho Add a Comment
5 Min Read

Ripple (XRP) and Toncoin (TON) have been the favorite altcoins among investors because of their high growth rates. However, their prices have been reduced in the past few months. Therefore, investors are on the lookout for potentially more lucrative tokens in which to invest. 

Luckily, experienced analysts have picked a new coin, Lunex Network (LNEX), as the best crypto to buy. The token is in the presale stage and costs only $0.0017. Experts forecast the value of Lunex Network will increase by 15x before the year ends.

KuCoin Unveils TON Ecosystem Carnival: Will Toncoin (TON) Price Rally?

KuCoin said it will be hosting a TON Ecosystem Carnival to present the achievements of the TON network. This event is from October 16 to October 30, 2024.

There will be trading competitions where the first 200 users by Toncoin Spot Trading Volume will be rewarded $10,000. There are also quiz competitions accompanied by many benefits and rewards.

In other news, the Toncoin crypto is still trading at the $5 region, according to CoinMarketCap data. The last time the token traded higher was in September. Since the beginning of October, the Toncoin price has been stuck between $5.00 and $5.80. 

However, Toncoin’s (TON) Hull Moving Average (9) and VWMA (10) are showing buy signals. This is a bullish signal, which, if held, could push TON toward the $6.5 and $7 price level in the next one to two weeks. 

Unique XRP Ledger Active Wallets Skyrockets, Will Ripple Pump?

The XRP Ledger has seen a big increase in active wallets to 35,799 unique wallets active in a day, according to Santiment. This is a high the blockchain has not registered in the last three months. Furthermore, 3858 new wallets were registered in a single day, the highest in the past seven months, five days.

These new wallets mean that more people are getting interested in Ripple (XRP) and its uses in the market. Despite the lack of Ripple price usd response to the on-chain activity growth, the community continues waiting for the price to bounce.

Currently, as it is reported by CoinMarketCap, the Ripple coin is around $0.5. It is pointing to a 1.8% weekly advance and a 6.0% weekly decline on the monthly chart.

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In the meantime, there are some positive signals for Ripple (XRP) on its chart; there are also negative ones. Currently, the VWMA (10) is signaling a buy. Meanwhile, the Hull Moving Average (9) is signaling a sell. Coincodex forecasts the Ripple price might jump to $0.643268 before the end of November.

Lunex Network (LNEX): The Best Non-custodial Exchange for Cross-chain Swaps

Lunex Network (LNEX) is gaining attention as an innovative DeFi project with a bold goal: to act as a non-custodial crypto exchange to interconnect all disparate blockchains. This exchange will enable traders to seamlessly swap and trade many cryptocurrencies that exist on different blockchains at very low fees and in complete anonymity. 

Its main unique selling points are the absence of  KYC checks and no wallet connections. But that is not all about Lunex Network. The platform has a paid subscription service called Lunex Pro.

This service provides users with a more refined trading experience and additional features such as cashback every time they trade on the platform and AML (Anti-Money Laundering) check on the wallet address. These features are additional value for traders who want more control and information about their operations.

Furthermore, Lunex Network has a native token called $LNEX. $LNEX holders can earn staking rewards and APY depending on the holding period of the lockup contract, making it suitable for long-term investors. While the LNEX coin has increased by more than 40%, analysts expect the altcoin price to skyrocket by 15x as it gains more popularity this year. 

LNEX Becomes Safe Haven As Ripple and Toncoin Remain Bearish 

As Ripple (XRP) and Toncoin (TON) cannot continue the upward movement, everyone looks at this new potential competitor, Lunex Network. Experts have a particularly favorable view of the cryptocurrency and believe its value will continue to rise in the next few months.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

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The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

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Bianca Carvalho is a leading expert in digital marketing and content management with over 15 years of professional experience. Based in Lisbon, Portugal, Bianca has collaborated with both local and international brands to develop and implement effective marketing strategies. She has excelled in roles such as Digital Marketing Director, Content Strategist, and Senior Copywriter.Bianca is renowned for her leadership skills, having managed teams of up to 50 marketing and content professionals. She specializes in creating and executing comprehensive content strategies, producing various types of content including blog posts, whitepapers, case studies, and social media content. Her expertise extends to content management systems like Drupal and project management tools such as Asana, Slack, and Monday.com.Fluent in Portuguese, English, and Spanish, with a working knowledge of Italian, Bianca is also highly skilled in media production. She has worked on several high-profile advertising campaigns across Europe, enhancing her creative abilities and her capacity to manage complex projects under tight deadlines.In her personal life, Bianca enjoys exploring new digital trends, attending industry conferences, and spending quality time with her family. For more information and to view her portfolio, visit Bianca’s personal website or connect with her on LinkedIn.
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