Ripple and Bitcoin might have been investor favorites in the past, but they are quickly losing momentum because of market uncertainty. Savvy traders are now switching to Lunex Network’s explosive presale that has already raised 800,000 USDT in record time!
Ripple vs. SEC Battle Expected to Continue
Ripple’s demand has taken a huge plunge ever since the US Securities and Exchange Commission (SEC) decided to appeal against the court’s decision favoring Ripple. During these uncertain market conditions, even Ripple’s recent ETF filings for its XRP token failed to attract investor attention.
Ripple’s price is currently trading for $0.5336 after a minor intra-day increase of 0.44%. Ripple’s volume has also increased by 34.41% over the last 24 hours, suggesting a profit-taking sentiment by short holders. If selling pressure increases any further, Ripple’s price could fall to the $0.4305 support in upcoming weeks.
Bitcoin (BTC) Shows Signs of Weakness
Bitcoin hasn’t recorded any significant gains during the recent liquidity trends, making investors eager for a massive rally soon. However, analysts believe Bitcoin will plunge to more lows before experiencing a full bull. Since Bitcoin recently rejected the $64,000 resistance as well, Bitcoin’s price trend is expected to be bearish for the next few weeks.
Bitcoin is currently trading for $60,451.18 after an intraday decrease of 2.87%. Although Bitcoin’s volume has increased by 11.56% over the last 24 hours, it is likely due to some short holders liquidating their Bitcoin holdings. This ongoing sell-off is expected to continue until Bitcoin breaks above the 100-day Simple Moving Average at $61,045 which is unlikely to happen any time soon.
Lunex Network (LNEX) to Outperform Top 10 Cryptos in Q4
Huge numbers of Ripple and Bitcoin investors are jumping ship to Lunex Network’s viral presale, and it is all for good reason. Instead of only targeting a particular crypto sector, Lunex Network is launching a revolutionary DeFi exchange that is expected to overthrow the entire DEXs and CEXs market which already generates more than $275 trillion every 24 hours. Even if Lunex Network manages to capture a 1% market share, it can surpass the gains of Ripple and Bitcoin combined!
The reason why analysts believe Lunex Network has 100x potential is the platform’s unique cross-chain trading feature. While traditional DEXs restrict traders to a single blockchain network, Lunex Network’s interoperability features allow traders to swap more than 50,000 crypto pairs across different blockchains.
Since Lunex Network powers its ecosystem via smart contracts, the platform offers an advanced aggregation protocol that sources liquidity from multiple sources. This means Lunex Network splits every trade across different networks to deliver the fastest transaction speeds and lowest costs.
Lunex Network has already raised 800,000 USDT in its presale, and these early investors have the chance to receive an exclusive Lunex card. This black card is only for VIP tier presale holders who will be able to make quick crypto-to-fiat transactions, further enhancing Lunex Network’s real-world adoption.
Lunex Network is currently in stage 3 of its presale, with less than 25% of tokens left for purchase. Given this high demand, analysts are anticipating a massive 1800% surge in LNEX’s price before the end of its presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
