While the cryptocurrency market is trying to move ahead of the next bull run, some tokens are taking the spotlight. One such project is Lunex Network (LNEX), which has already raised over $570K in just a matter of days in its presale. Since it holds the potential to change the way cryptois traded, it is expected to obtain 10x this year quickly. At the same time, Solana (SOL) and Ripple (XRP) are demonstrating downturn price charts at the moment.
Lunex Network (LNEX) Seen as a New DeFi Leader
Thanks to its presale performance, Lunex Network (LNEX) is taking center stage. In just 72 hours, it completed its first phase while raising over $550K. According to some projections, this number may hit $1M before the end of next week. Evidently, people are interested in what LunexNetwork offers.
At its core, Lunex Network will solve many problems traditional crypto traders face. For instance, people can easily swap crypto currencies across different blockchains at the lowest costs. Additionally, Lunex Network will focus on privacy by not requiring people to connect wallets or provide personal info. These features could make Lunex Network a potential fan favorite for millions.
The LNEX native token is the fuel behind this platform. It will bring holders staking rewards and discounts. Currently, it costs just $0.0013 in phase two of its presale, an 8% increase from its starting price. But experts predict another 10x surge after a Tier-1 crypto exchange lists LNEX soon.
Solana (SOL) In Potential Danger
CoinMarketCap shows that the price of Solana (SOL) fell nearly 10% on the weekly chart. Crypto analyst The Moon says this crypto currency could be in danger. According to his X post, if its support breaks, the Solana coin could drop to $128.
This drop can be attributed to Edward Snowden's statement that Solana is centralized. Because of all these factors, market analysts remain cautious about Solana crypto. Experts forecast a potential value of $140 in their Solana price prediction before this year ends.
Ripple (XRP) Price Drops Amid SEC Filing Appeal
Ripple (XRP) is another top crypto coin that has been experiencing some volatility. Recently, James K. Filan announced that the SEC has filed a notice of appeal for Judge Torres's ruling. This ruling stated that some XRP transactions were centralized, but the crypto currency itself was not.
The Ripple coin's value has dropped nearly 12% on the weekly charts. This news may cause a further drop. However, crypto analysts like Bearable Bull are still optimistic. In his X post, he says no appeal or SEC delays can prepare the crypto market for Ripple's future growth. No matter the Ripple news, experts foresee a $0.58 value soon.
Can Lunex Network (LNEX) Outpace Solana (SOL) or Ripple (XRP)?
While Solana (SOL) and Ripple (XRP) are experiencing ups and downs, they are very resilient. Meanwhile, Lunex Network (LNEX) could revolutionize the entire crypto trading market and skyrocket on the price charts. Since it also has a smaller market cap than other crypto currencies,it will rise much faster with less money.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
