Another newcomer to the cryptocurrency market is Lunex Network. The company has recently been highlighted by analysts predicting that the digital asset could reach the $10 mark before Dogecoin (DOGE). Lunex Network is currently in its third stage of pre-sale, with tokens still priced at an affordable $0.0015.
Cryptocurrency experts are calling it the best altcoin to buy this year as it could potentially see a 20x return in the coming months. Meanwhile, MoonPay’s recent integration of Ripple in payments signals the increasing adoption of cryptocurrencies.
Dogecoin (DOGE); Ali Martinez is bullish around $10
Popular cryptocurrency analyst Ali Martinez tweeted on X that Dogecoin (DOGE) could reach $10. To support his claim, he added a chart showing Dogecoin tokens trading within an ascending wedge.
According to Martinez, the value of the Dogecoin cryptocurrency is likely to rise further in the coming months and enter an upward phase. This move would mean an exponential rise above $10.
Interestingly, Dogecoin’s price would have to rise 8,032% from its current value to $10. Memecoin is firming above the 200-SMA at $0.120555. While this prediction is bullish, Dogecoin (DOGE)’s $17 billion market cap could be a major stumbling block.
Lunex Network (LNEX), a privacy-centric platform, gains attention
Lunex Network (LNEX) provides a non-custodial trading platform that allows anyone to exchange over 50,000 coins at low cost and high speed. The platform is also concerned about user security. Thus, you will be able to control your private keys and funds. This is useful for traders who are concerned about security and prefer decentralized platforms.
Additionally, Lunex Network does not require users to fill out any KYC forms before initiating a trade. Therefore, users can transact without sharing their passport or driving license. This allows for a quick and anonymous onboarding process, perfect for people who don’t want to reveal their identity online. Lunex Network also has some distinctive features.
Those who have LNEX coins can stake it and earn rewards, receiving up to 18% APY. You can also receive discounts and other benefits from your platform earnings. Another unique selling point is third-party wallet disconnection. Unlike platforms such as MetaMask or PhantomWallet that require a connection to a wallet, Lunex Network allows users to transact over the network.
This approach reduces transaction times and makes transactions smoother. Currently, Lunex Network is in the third stage of pre-sale. It is trading at $0.0015. Analysts predict this value could rise 20 times in the coming months. The project is also approaching $1 million in funding.
Ripple (XRP) partners with MoonPay
MoonPay has entered into a partnership with Ripple (XRP) to allow users to buy, hold, and sell XRP tokens using the MoonPay application. This integration comes after Ripple (XRP) revealed that MoonPay will be one of the exchange partners for Ripple USD.
Other group members include Bitso, Independent Reserve, Uphold, Bitstamp, CoinMena, and Bullish. According to CoinMarketCap, Ripple coin has been rising weekly due to social sentiment towards the project.
The altcoin price needs to cross the 200-SMA ($0.554801) and 50-SMA ($0.55869) resistance levels. Coincodex predicts that Ripple price could rise to $0.644029 by the end of October.
Lunex Network Challenges Dogecoin (DOGE)
With Lunex Network poised to become a $10 token and MoonPay partnering with Ripple (XRP), the future is bright for the cryptocurrency market. Lunex Network will likely grow significantly and challenge top altcoins such as Dogecoin (DOGE) in the near future.
Learn more about Lunex Network (LNEX) here.
Website: https://lunexnetwork.com
Social: https://linktr.ee/lunexnetwork
