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Cryptocurrency News Articles
Lunex Network Is Changing The Game For Cross-Chain Trading, XRP Price Tumbles With Kaspa Down 50% From ATH
Nov 06, 2024 at 08:15 pm
As Bitcoin dips down below $68,000, the market is experiencing a mini-dump. Kaspa and XRP aren’t faring too well during this minor blip
Bitcoin price dips below $68,000 as the market experiences a mini-dump. Kaspa and XRP prices are also faring poorly during this minor blip. However, the new DEX-swapping gem Lunex Network is continuing to soar against the constraints of the market.
According to analysts, Lunex Network’s unprecedented cross-chain capabilities are a key reason for its exceptional performance. They predict that Lunex Network could experience multiple rallies of over 1800% and amass 100x gains by 2025.
Kaspa has long been touted as one of the most promising prospects of this bull run. On the surface, it appears that Kaspa is the best solution yet to the cryptocurrency “trilemma”.
In Q4, however, Kaspa has caved into FUD, declining by nearly 30% this month. Kaspa’s FUD centers around its yearly underperformance, the lack of tier 1 exchange listings, and the political ramblings of a Kaspa team member on X.
While Kaspa is struggling in the short-term, many analysts believe that Kaspa has hit the bottom around 10 cents. Kaspa could be the Cardano of this cycle, and 10-20x gains remains a major possible target for Kaspa in the long-term in 2025.
Despite multiple major bullish catalysts for XRP this year, various metrics indicate that XRP has been the worst performing crypto in the top ten throughout the past 12 months.
Many pundits are left wondering whether XRP will ever experience a notable rally that could propel XRP above its all-time-high of $3.84 from 2017.
Ruminations of a potential XRP ETF could spearhead hype for XRP as the first “ETF bull run” looms on the horizon. Some analysts believe that XRP is on the verge of rallying in November, though a “boy that cried wolf” situation could play out, as a large contingent of investors have grown tired of XRP’s immunity to bullish catalysts and constant fluctuations between $0.45-0.55.
Lunex Network is being touted for its potential to deliver exceptional profits in this bull cycle, with many experts predicting that Lunex Network could provide net 100x gains by 2025, alongside multiple rallies of over 1800% within the coming year.
The native Lunex Network platform streamlines the token swapping process by eliminating the need to connect third-party wallets such as MetaMask or PhantomWallet. Users can simply select the cryptocurrency they want to swap, enter the recipient’s wallet address, and receive tokens in seconds. It’s that easy.
Another major advantage of Lunex Network is its decision to remove all KYC requirements. This allows users to access the platform without having to present documents like a driver’s license, reducing barriers to entry while appealing to those who value anonymity when trading cryptos.
Lunex Network is changing the game for cross-chain trading, and the platform’s set a new benchmark by enabling swaps across more than 50,000 unique blockchains and networks. While it includes prominent tokens like Ethereum, Solana, and XRP, Lunex Network distinguishes itself by offering access to lesser-known and newer tokens that other platforms might typically restrict, like meme coins and novel layer-1’s including Kaspa.
By advancing the DEX space with its distinctive cross-chain capabilities and accessibility, Lunex Network is positioned for substantial growth. At just $0.0019 in the fourth stage of its presale, those who act quickly could see gains of over 100x by 2025. Don’t miss out on the next anticipated 1800% rally this November.
You can find more information about Lunex Network (LNEX) here:
Website – Socials
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