Ripple (XRP) lit up the markets with its mammoth 380% price surge and the price rose to a multi-year high of $2.82. But now that Bitcoin surpasses $100,000, analysts have stated that this bull run is not over yet and XRP could see even more upside.
According to Milkybull Crypto, the price of XRP could reach a high of $10 in this bull market. Meanwhile, Lunex Network (LNEX) has been growing behind the scenes. While the price of alternative currency has increased by more than 200%Analysts expect LNEX to catch up with the dollar in this bull cycle.
Ripple (XRP) to repeat 2017 price surge, set to rise to $10
Over the last month, Ripple (XRP) has been one of the best cryptocurrencies in the market. The XRP coin has risen more than 400% in the last month to a high of $2.82, as CoinMarketCap the data shows. However, crypto analysts believe that the bullish trend will extend.
Milkybull Crypto, in its recent analysis, shared two graphs, indicating that the recent ripple price The performance is giving off “sort of 2017 rally vibes.” Based on his analysis, the wavy coin It could reach $2 and then experience a pullback before continuing its uptrend.
He adds that XRP will continue to rise on vertically hated rallies to set a new cycle high around $10. Meanwhile, financial analyst Jacob King recently tweeted that he Ripple Cryptocurrency It had more trading volume than Bitcoin and Ethereum combined.
This means that there is great interest from investors and price increases are possible in the coming weeks. Additionally, there are plenty of big events that could fuel this rally. Firstly, the launch of the Ripple stablecoin, RLUSD, could increase usage of the network.
CryptoGeek also recently reported that Amazon has published a document confirming that the largest online retailer and technology provider has partnered with Ripple. The document also noted that Amazon used $XRP and $CTF for payment transactions.
Lunex (LNEX) Network Set for Massive Price Surge to $1
While XRP’s position as one of the main altcoins has made it popular, Lunex Network (LNEX) It also saw a massive price increase. LNEX Coin Price Has Soared 200% to reach $0.0038, and analysts believe it could reach a high of $1 in this bullish cycle.
There has been a lot of buzz around Lunex Network as it seems poised to provide functional solutions to the DeFi Space as the platform offers enhanced work solutions, especially for business and commercial entities. Among them, the B2B payment gateway allows merchants and businesses to accept crypto payments.
This feature is specifically important for those organizations that want to move to better payment solutions without being directly linked to the crypto market. Lunex Network has started trying to bridge the gap between the two worlds and is working on the progression of the future adoption of cryptocurrencies in society.
There has been a lot of interest in Lunex specifically because of its next-generation trading platform. He DeFi project allows users to seamlessly exchange over 50,000 cryptocurrencies on over 40 blockchains. With such a cross-chain trading feature, customers can trade cheaply and as quickly as possible without necessarily having to switch between two decentralized platforms.
Additionally, Lunex Network has a no KYC (Know Your Customer) policy, allowing users to remain anonymous. Currently, Lunex Network is in the crypto ICO phase and has raised over $4.5 million as investors are buying into the platform to take advantage of the numerous opportunities in the DeFi Market.
In conclusion
Ripple’s current performance places it as one of the best altcoins to buy now, as confirmed by the prediction given by Milkybull Crypto. However, the utility and solutions that Lunex Network is bringing to the market DeFi Space LNEX price is very likely to rise to $1 in this bull market.
You can find more information about the Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social: https://linktr.ee/lunexnetwork
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