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Cryptocurrency News Articles

Lunex Network (LNEX) Price Prediction 2025: Will LNEX Match Ripple (XRP) and Tron (TRX) Price Movements?

Dec 27, 2024 at 01:30 pm

Ripple has been showing resilience amid the ongoing downtrend within the crypto market. XRP's price has remained above the $2 region despite the bear's attempts to push it to former lows.

Lunex Network (LNEX) Price Prediction 2025: Will LNEX Match Ripple (XRP) and Tron (TRX) Price Movements?

Despite the ongoing bear market in the crypto industry, some tokens have shown resilience and continue to enjoy price increases. Among them, XRP, TRX, and LNEX are attracting attention with their remarkable gains and promising outlook for 2025.

XRP price has remained above the $2 level despite several attempts by the bears to push it to former lows. Despite a sharp dip on Friday, when the price briefly fell below the $2 mark, sending FUD among investors, XRP still enjoys an over 40% monthly surge.

Similarly, Tron has steadily risen, aiming to hit the $1 milestone by 2025. TRX price movement has already recorded a monthly surge of over 13% with a YTD of 135%.

Like Ripple and Tron, Lunex Network is also eying impressive gains, increasing 300% to hit the $0.0048 price target. This remarkable gain has been attributed to the project’s unique features, which include a no-KYC check.

Let’s take a closer look at each token and the factors contributing to their price movements.

Lunex Network (LNEX) Surges 300% – No KYC Requirement Lures More Investors

Lunex Network is set to disrupt the DeFi market with a no-KYC check approach to decentralized finance. Unlike most projects associated with invasive KYC policies, Lunex Network aims to provide users with the best level of privacy, allowing them to stake, trade, and manage their assets efficiently. This unique approach will help simplify the Lunex onboarding process while making the DeFi space more open and diverse.

In addition to anonymity, Lunex Network also elevates users’ experiences with cross-chain solutions, allowing them to swap over 50K tokens across 40-plus blockchains. This unique feature allows users to carry out transactions quickly and at a lower cost than other platforms.

Currently, the LNEX token is priced at $0.0048, a significant rally from its starting price of just $0.0012. The project has collected over $5.5M in presale revenue and is targeting $6M by the end of 2024. Its unique features, including anonymity, decentralization, and security, place it in a better position to gain more in Q1 of 2025.

The project is also licensed under the Monetary Authority of Singapore (MAS), further enhancing its credibility and setting it up for wider adoption and use cases in the future.

With a total supply of 100B tokens and a circulating supply of 10B tokens, the project is available on several exchanges, including XT.com, DigiFinex, and ProBit Global.

Those interested in learning more about Lunex Network (LNEX) can visit the project’s website at https://lunexnetwork.com or follow them on social media via https://linktr.ee/lunexnetwork.

Ripple Bulls Outshine The Bears

After several attempts by the bears to push XRP’s price to former lows, the bulls ultimately prevailed, leading to a price reversal. This move confirms strong support for Ripple, which could propel its price to higher levels.

Moreover, the relative strength index for XRP is positioned above the midline, indicating that the bulls still have the upper hand.

Furthermore, the debut of XRP’s anticipated RLUSD stablecoin added fuel to the crypto’s price movement. Commencing 2024, XRP fiyatı enjoyed a steady rise, largely driven by the stablecoin's introduction.

Another factor contributing to XRP’s price increase is Ripple's partnership with Bitstamp. The two are reportedly engaged in discussions regarding the establishment of a derivatives exchange on Ripple's XRP Ledger.

Should this project come to fruition, it could significantly boost XRP’s price in 2025. Together with the Fibonacci retracement levels of 0.382, 0.5, and 0.618, which are crucial in identifying XRP’s resistance and support levels during its correction period, several technical indicators also play a role in determining XRP’s price movements.

A breakout above its triangle pattern could signal bullish momentum, targeting previous highs. According to CryptoFayZ’s price prediction for XRP, the token’s bullish breakout might see it hit $5 soon.

Tron Hits Record Revenue While Eying the $1 Milestone by 2025

Highlighting its impressive performance, Tron generated a record-breaking $21.66M in revenue on December 3, 2024. This remarkable achievement garnered widespread attention, ultimately boosting the demand for Tron.

Currently, the growth of TRX, hovering within the $0.24 region, has been exceptional.

Since its launch in 2017, when the RTX token was priced at just $0.0019

News source:timestabloid.com

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Other articles published on Dec 28, 2024