Unlike a few weeks ago, the crypto market is now bullish. Analysts argue the prices of many top altcoins could increase soon. For instance, Binance Coin (BNB) may rise to $2,000 by 2030.
Meanwhile, Lunex Network (LNEX) has shown a remarkable performance. The DeFi Coin has recorded a strong price appreciation in comparison to the price drop of Ripple’s (XRP). The value of LNEX has risen by over 58% in the last month.
Binance Coin (BNB) Predicted To Hit $2k
Binance Coin (BNB) has been on an uptrend in the past month and could go higher in the coming weeks. InvestingHaven forecasts the Binance Coin price might reach $2,000 by 2030.
This potential milestone is above the analyst’s former forecasts of $1,424, meaning that the Binance Coin crypto has the potential for steady growth over the next six years. However, the analyst said reaching the $2,000 price target would depend on the regulatory environment in the crypto sector.
In the meantime, the price of the Binance Coin BNB is consolidating above the 50-SMA ($576.02) and 200-SMA ($569.52). The cryptocurrency has made several attempts to flip the resistance at the $600 level but has failed several times on the monthly price chart of CoinMarketCap.
The Lunex Network (LNEX) Coin Attracts Investors With High APR
Lunex Network (LNEX) is a hybrid platform that mixes the advantages of centralized and decentralized exchanges. Such an approach allows traders to enjoy fast transactions, security, and anonymity. On this platform, everyone can buy and sell or swap over 50k cryptocurrencies at low cost and fast speed.
This is because Lunex Network uses an aggregation protocol and pulls liquidity from a number of exchanges to give the best rates. The Lunex Network is a platform that is used for trading and token swaps but at the same time, it offers its token holders a number of opportunities to benefit from. LNEX holders are allowed to stake for a return of up to 18% APY.
In addition, the platform has a revenue-sharing model. Here, it uses part of the revenue generated to buy back LNEX tokens and distribute 50% to the stakers, and keeps the other 50% for other activities. This gives them a constant source of passive income and, in the same process, enhances the value of LNEX. While it is priced at $0.0019, analysts suggest it could hit $0.1 before the year ends.
Ripple (XRP) Could Surge To New Levels If It Surpasses $0.565 Resistance
Ripple (XRP) has been holding strong around the $0.5 region for over four weeks despite an increase in bearish pressure. According to CoinMarketCap, the Ripple coin has dropped by 17.5% on the monthly chart.
However, analysts like AltCryptoTalk remain unperturbed. The crypto must hold the $0.5 level for a chance to rise in the coming days. AltCryptoTalk told his followers that breaking above the $0.565 resistance at the 50-SMA level could lead to a Ripple price surge in the coming weeks.
Another analyst, Levi, posted a chart on X recently, which showed the value of Ripple crypto rising to $3. In the meantime, the cryptocurrency community is waiting to see how the Ripple-SEC battle will turn out.
Final Thoughts
While Binance Coin (BNB) may be on the path to $2K, Lunex Network stands as a better cryptocurrency investment right now compared to Ripple (XRP). LNEX is expected to skyrocket in the coming months. Analysts forecast another increase for the DeFi cryptocurrency after it launches on exchanges.
You can find more information about Lunex Network (LNEX) here:
Lunex Network Website | Lunex NetworK Socials
