Bitcoin Surged Past $64,000 Amid Increased Institutional Interest As Ripple And Cardano Rallies While Lunex Network Records Over 400M Tokens Sold

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Bitcoin Surged Past $64,000 Amid Increased Institutional Interest As Ripple And Cardano Rallies While Lunex Network Records Over 400M Tokens Sold

It is no news that Bitcoin’s price movement typically impacts the general crypto market. Owing to that, while Bitcoin’s price has correspondingly risen as institutional interest in Bitcoin keeps developing, other coins are also starting to recover somewhat following a recent sell-off in the crypto market.

Moreover, the prices of both Cardano and Ripple are generating fresh highs that thrill investors. However, a new DeFi protocolLunex Network, is making waves during its ongoing presale. Having already sold over 400M tokens in days, this new sensation is attracting a lot of attention, and each LNEX token is projected to surge 1,800% in 2024.

Lunex Network Attracts Investors Seeking Swift Transactions

While various conventional options are available for swapping tokens, Lunex Network brings uniqueness to the market. This platform aims to save users the stress of navigating through multiple isolated blockchains for their trade activities by connecting them together in one space while establishing a non-custodial exchange.

This means that users of the Lunex Network platform can effectively swap their cryptocurrencies or trade them not only within split seconds but also at the lowest possible costs. Moreover, while some platforms require users to provide sensitive information to swap tokens across multiple blockchains, Lunex Network solves this problem completely decentralized.

When using Lunex Network, there will be no need to connect a third-party wallet or perform KYC. Meanwhile, the second stage of the Lunex Network token presale is underway, and each token will sell for only $0.0013. With such a low price, investors have the opportunity to become a part of DeFi’s future.

Price Of The Ripple Coin Breaks Out Of Two-Week Consolidation

After spending around two weeks between $0.56 and $0.61 from the middle of September, the Ripple price has finally broken out upward. Furthermore, from $0.57 to $0.63, the price of the Ripple coin has risen by practically 10% during the previous month. 

Rising almost 7% over the previous 7 days, Ripple (XRP) is encountering clear resistance around the $0.63 level. Should the bulls raise the price of Ripple (XRP) above this resistance, the altcoin may revert to its $0.72 2024 high.

Conversely, if the price of Ripple (XRP) fails to rise above this important resistance, a fall back to the $0.52 support zone might be likely. Nonetheless, experts believe the altcoin’s upward momentum could propel the Ripple price into a fresh 2024 high.

Bullish Momentum Increases For The Cardano Coin

Those with Cardano (ADA) have patiently waited for a long period and are still waiting for the Cardano price to start a protracted positive trend. While some Cardano coin investors hoped to see their portfolio in green once more, others saw every downturn as an opportunity to buy additional tokens, having consolidated between $0.30 and $0.47 for months.

As the crypto market rebounds, the Cardano price again sets greater highs. Nonetheless, holders expect this positive action to drive the price of Cardano (ADA) over its 4-month equilibrium. Cardano (ADA)’s price has jumped by more than 10% in the past month among this expectation.

Conversely, the price of Cardano (ADA) showed a noteworthy 9% increase last week. Analysts predict that the altcoin’s value might reach the $0.6 level before the end of 2024 as the optimistic momentum continues to win.

Ripple and Cardano Investors Diversify Into Lunex Network

Despite the price increases of both Ripple and Cardano alongside their respective future expectations, holders of these tokens who are looking for promising alternatives to diversify some of their funds are looking at Lunex Network. With a prediction to surge by over 100x post-listing, Lunex Network is a promising alternative to invest in.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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