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.
Advertisement Banner
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
This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]
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.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
