Ripple XRP price hit obstacles at $0.66 amid a renewed Ripple-SEC battle as DOGE investors are excited after the meme coin broke the $0.16 barrier.
The top trending crypto ICO, Lunex Network (LNEX) continues to make headlines after printing a gigantic 58% jump in just three weeks! Learn why analysts believe LNEX will challenge XRP and DOGE with a 1,800% rally this bullrun as its ICO smashes past $1.5million raised.
Top trending crypto Lunex (LNEX) pays 18% APY to investors
Lunex Network(LNEX) has quickly risen into a top trending crypto asset in DeFi. The noncustodial Web3 trading platform is poised to disrupt DeFi trading with a multichain bridge network that enables fast, secure, and seamless cross-chain asset transfers.
Lunex Network’s interconnected DeFi ecosystem features an institutional-grade liquidity aggregation protocol, providing traders with unlimited liquidity. Users can trade thousands of crypto pairs with tight spreads and zero slippage at incredible speeds and the lowest costs.
But it’s the Lunex Network revenue-sharing deal and staking program that’s making this new DEX platform a leader in the DeFi sectors. A portion of the revenue collected on the Lunex exchange goes into repurchasing LNEX tokens from the open market.
These are redistributed to LNEX token holders staking their tokens to the tune of 18% APY, making LNEX a rare passive income-generating gem.
Further, token holders receive discounts on transaction fees and gain access to liquidity mining and node leasing privileges. LNEX also acts as the community’s governance token, enabling holders to vote on key project decisions.
Ripple XRP price lost its chance to breakout
Recently, the XRP price was rejected at $0.66, sending the altcoin tumbling down to $0.48. The bearish wave has seen XRP drop below its 50-day EMA on the daily and weekly charts, creating more obstacles for the asset.
Market analysts now believe that XRP price has lost its chance for a potential break out as the sentiment surrounding the altcoin turns bearish amid the SEC’s appeal on XRP institutional sales.
The XRP price could dive back to the doldrums in the $0.3 zone as investors shift to new trending crypto coins like LNEX for better yields.
Will Dogecoin break above $0.22?
Dogecoin whales have been waiting for a bullish reversal for months. After dropping the ball at $0.22 in March, the DOGE had been tumbling for five consecutive months.
The largest meme coin managed to climb over 30% in the past months to the $0.166 region, pushing its yearly return to 142.5%.
But the $0.18 zone is a tough weekly resistance where the DOGE reversed drastically in July, but the uptrend appears to show considerable strength. Especially with recent input from Elon Musk and the upcoming US Election, where a Trump win and the formation of Department of Government Efficiency (D.O.G.E) would likely see Dogecoin continue its strong rally.
XRP and DOGE holders pile into LNEX for mammoth returns
The Lunex ICO has already collected over $1.5 million as crypto whales accumulate over a billion LNEX tokens. But at $0.0019 in stage 5, the LNEX token is still selling at an incredible discount.
Though early investors have realized more than a 58% return on investment, analysts are predicting a 1,800% presale rally. That’s why XRP and DOGE whales are buying this top trending crypto in DeFi like there’s no tomorrow.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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