Finance

Crypto Scholars Unpack Why $1000 Ripple XRP Price is No Fallacy as ATOM Attempts to Regain Past ATH, Lunex Network To Kick Off DeFi Season

Can the Ripple XRP price reach $1,000? Some scholars think so, but others are not so sure. Can Cosmos (ATOM) reach an ATH? And what is the ‘Meta’ on Lunex Network? These are interesting questions; let’s go see!

XRP (XRP): A $1,000 XRP price: Crap or credible?

Bullish crypto scholars have raised the controversial opinion that XRP is due for a recovery to take it beyond its ATH and past the $1,000 mark. Currently trading at around $0.050, a $1,000 XRP price will mean a 2,000x increase. Scholars cite the strategic partnerships Ripple Labs has undergone. Once XRP is finally free of the SEC’s lawsuit, industrial adoption, and daily widespread use will pump the XRP price past the $1,000 mark.

However, the math does not work out. XRP’s market cap is $30 billion. A 2,000x increase will also need a corresponding 2000x increase in market cap. That equates to a sixty trillion dollar cap – great if you can get it. Considering that the entire crypto market is worth 2 trillion, XRP will be 15 times bigger than the entire crypto market.  

A $1,000 XRP price is too good to be true. But other tokens are not.

Cosmos (ATOM): Lone gainer in downturn market

‘Uptober’ is off to a bad start, but not for Cosmos. Cosmos was one of the ‘old school’ cryptocurrencies around since before the 2018 halving, when it reached its ATH in 2019. Cosmos really got going in the 2021 crypto frenzy when it spiked all the way to $44.70. As with all cryptos, Cosmos fell off a cliff and faded into obscurity during the crypto winter.  

But something is afoot with Cosmos. While all other tokens are looking at the opening of October and wondering what the heck happened, Cosmos responds by saying, “Don’t know, looks fine to me.” With a solitary green candle in a sea of red, could Cosmos stage a recovery and reach a new ATH? It’s more likely than a $1,000 XRP price!

Lunex Network (LNEX): DeFi Meta strategy is here

Game developers refer to the most effective strategy as the ‘meta,’ and Lunex Network has now established itself as the meta of DeFi. Lunex Network is a new hybrid CEX/DEX crypto exchange, delivering all the benefits and discarding all the hassles in a best-of-both-worlds exchange designed to be what crypto trading was meant to be. 

DeFi, Decentralized Finance, is the financial solution the world has been begging for. A methodology where peer-to-peer borrowing and lending can happen without paperwork, government interventions, or stuffed shirt bank managers getting in the way.

But it’s clumsy. DeFi is a complicated affair, and it is hamstrung by unnecessary technical hurdles that most people cannot overcome. This is where the Lunex ‘meta’ comes in. Lunex Network developed systems, strategies, and interfaces to simplify DeFi to the point that anyone can access it without needing a degree in finance or computer science.

That’s just the DeFi part – as a crypto exchange, Lunex network has a list of features too long to list in just one article, but it is no mystery why Lunex Network has acquired over half a million in liquidity, and its presale is hardly a week old. 

Lunex Network tokens are now available at $0.0013.

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 for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.

PR Desk

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