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BNB and Monero face bearish pressure as investors hhift to Lunex Network presale

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BNB and Monero face bearish pressure as investors shift to Lunex Network’s presale, raising nearly $550,000 in under a week.

BNB and Monero are both facing strong bearish pressure after their recent price declines. As BNB and XMR investors book profits. They are now turning towards Lunex Network’s viral presale that has already raised nearly $550,000 in less than a week of its launch. 

BNB short holders might book profits soon

Although BNB failed to trigger a bullish breakout at the end of September, the token still recorded modest 8.67% gains over the last 30 days. As the broader crypto market heads into Q4’s bull market, BNB is expected to see more bullish momentum in the upcoming weeks. 

For now, BNB price is trading for $551.90 after an intra-day increase of 2.72%. Since BNB’s volume has decreased by 11.86% in the last 24 hours, investors appear to be holding their BNB tokens for now. However, according to Coinglass data, BNB’s long-to-short ratio is currently 0.97 which indicates bearish pressure. If BNB short holders start booking profits, BNB’s price could experience a significant downtrend in October. 

Monero faces bearish pressure after Kraken’s delisting

Monero was recently delisted from the Kraken exchange in European countries due to new security regulations. As a consequence, Monero’s price immediately declined by more than 10%, pushing the token’s price below $150. Since Monero’s on-chain metrics are also hinting at bearish dominance, Monero’s price could experience more disruption in the upcoming weeks. 

Monero is currently trading for $145.48 after a 10.88% intra-week decrease. Although Monero’s community sentiment is still bullish, analysts expect to see a sell-off soon as Monero is flashing strong sell signals on the XMR/USDT daily chart. If profit-taking ensues, Monero could fall to the critical $143.28 support soon. 

Lunex Network’s no-KYC DeFi exchange draws new investors in presale stage 2

Lunex Network is the source of all the bullish hype in the market due to its new cross-chain DeFi exchange. With no KYC checks, Ethereum-backed security, and cross-chain trading, Lunex Network is all set to overthrow existing decentralized exchanges and kickstart a new era of cross-chain interoperability. 

While traditional DEXs require traders to connect third-party wallets like MetaMask and TrustWallet to swap cryptos across different blockchains, Lunex Network is solving the problem with its revolutionary DeFi exchange. On Lunex Network, traders can swap 50,000+ crypto pairs across blockchains with the click of a button. To make things even better, traders can exchange cryptos without providing any sensitive information since Lunex Network has a unique no-KYC policy. 

Since Lunex Network’s ecosystem is powered by the platform’s native LNEX token instead of third-party cryptos, Lunex Network also offers attractive staking rewards to long-term holders. By reinvesting a portion of its profits into open market buybacks of LNEX, Lunex Network distributes rewards with up to 18% APY to current holders. Since these investors can also add more tokens to their staking portfolios without losing their initial APYs, Lunex Network already has a significant number of long holders who are driving the token’s price to new heights. 

Lunex Network’s viral presale has already raised nearly $550,000 in record time, but analysts believe the token’s bullish upswing is just getting started. For now, LNEX tokens are selling for a low price of only $0.0013 each before the much-anticipated price surge next week. By the end of its presale stages, Lunex Network is expected to deliver a massive 1800% ROI to early investors before another 100x rally post-launch.

For more information, visit the Lunex Network official website or join the online community for the latest updates.

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Experts say these 3 altcoins will rally 3,000% soon, and XRP isn’t one of them

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Experts spotlight Rollblock, Near Protocol, and Render as top altcoins poised for 3,000% growth, leaving XRP out of the rally projections

Industry experts are buzzing about three altcoins set for substantial growth and are forecasting a 3,000% rally. Near Protocol is gaining popularity for its scalability and developer-friendly design, and Render is redefining decentralized digital rendering with its platform. 

Meanwhile, Rollblock, a rising star in crypto gambling, is capturing interest with its unique DeFi integration. XRP, however, is notably absent from these projections, making way for these exciting contenders.

Rollblock: Transforming online gambling with web3 technology

Rollblock (RBLK) is redefining the traditional casino model for the modern era through its web3-powered platform. With the online gambling market valued at $450 billion and projected to grow by 8% annually over the next decade Rollblock is perfectly positioned to disrupt this thriving sector.  

Unlike traditional casinos known for dishonest practices, Rollblock ensures complete transparency. Each transaction is saved on the Ethereum blockchain, enabling players to place bets securely and fairly. The platform offers over 7,000 immersive games, including poker, roulette, slots, and new titles, including Candyland and Cash Compass. Rollblock also launched a sports betting option last month, and this upgrade has received overwhelmingly positive feedback.

Trust is at the heart of Rollblock’s mission, reflected in its gaming license from the respected Anjouan Gaming Authority. The casino also offers a revenue-sharing model that rewards holders. Weekly, a percent of the casino’s revenue will be used to buy back tokens, burning 60% and distributing the remaining to holders. 

The platform’s unique approach has attracted over 32,000 presale registrants, with RBLK tokens now priced at $0.043 in stage 9 of its ICO. Analysts believe this GambleFi gem has the potential for a meteoric rise, predicting a run to $10 by 2025 as Rollblock cements its place among the leaders in crypto gaming.

Near Protocol’s BlockDAG innovation sparks optimism

Near Protocol has dropped by 10% to $5.02 during the last twenty-four hours as it enters a bearish market pattern. Despite that, its 24-hour trading volume jumped 81%, suggesting that investors are buying the dip. In comparison, XRP also slid by 6% during the same period. 

Over the last month, Near Protocol lost 11% of its value, decreasing from $5.60 to $5.02. Nonetheless, the protocol is continuing to improve its blockchain scalability features. Near Protocol’s adoption of BlockDAG technology is set to improve efficiency, delivering faster transaction speeds and enhanced security. This innovation positions Near Protocol as a candidate for blockchain leadership.

Render holds strong amid market volatility

Render’s value has dropped by nearly 8% over the last 24 hours and is now trading at $6.94. Despite the dip, trading volume surged by 52%, indicating steady investor confidence in Render amid market volatility. Recently, Render achieved a $5 billion market cap and solidified its position as one of the leading AI coins. 

Currently ranking third in social dominance among the top five AI cryptocurrencies, Render trails FET and VIRTUAL, both of which have gained traction in recent weeks. However, Render’s robust market presence keeps it a significant player in the AI and blockchain industries.  

While XRP faces challenges in the broader market downturn, Render’s continued advancements set it apart. Analysts suggest RNDR could hit $15 by Q1 2025, aligning with growing confidence in AI-focused cryptocurrencies, much like XRP’s steady appeal among institutional investors.

Rollblock outshines XRP, Render, Near Protocol with 3000% growth potential

While XRP, Render, and Near Protocol face notable declines, Rollblock is gaining momentum as the most promising contender for long-term growth. Unlike its struggling counterparts, RBLK shows impressive resilience and upward potential, making it a standout in the crypto market. 

For more information, visit the Rollblock presale website and join the online community.

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Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind

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A $0.0013 cryptocurrency is gaining investor buzz, poised to surpass Cardano and Shiba Inu with its market potential.

A new cryptocurrency valued at only $0.0013 is drawing remarkable attention from investors. This low-cost token is generating buzz for its potential to surpass well-known players like Cardano and Shiba Inu. The excitement surrounding its rapid rise is fueling speculation about its future impact on the market.

DOGEN soars through stage 9 presale, positioned for explosive growth on Solana

DOGEN continues to make waves, advancing to Stage 9 of its presale with tokens now priced at $0.0013. For investors seeking high-growth opportunities, DOGEN’s projected 500% pre-launch surge highlights its strong potential for substantial returns.

Why DOGEN stands out

DOGEN has built a vibrant community of forward-thinking investors, offering exclusive perks to reward early supporters and drive long-term value:

  • Airdrop Rewards: Token bonuses tailored for early adopters.
  • Referral Incentives: Rewards for expanding DOGEN’s network.
  • Multi-Level Referral Structure: Earn up to 20% from network purchases.
  • Staking Income: Generate passive returns through staking.
  • Exclusive Campaigns: Access special events and initiatives for community members.
Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind - 1

A vision beyond meme coins

DOGEN’s roadmap signals a shift from meme status to a functional asset, with the upcoming DogeTap app exemplifying this movement. Prioritizing transparency and regular audits, DOGEN differentiates itself in the volatile crypto market, establishing itself as a credible and resilient option within the Solana ecosystem.

With its strong growth trajectory, innovative features, and mounting investor interest, DOGEN is poised to capitalize on the momentum of both the meme coin market and Solana’s robust framework. Early investors have a unique opportunity to ride this promising wave.

Cardano: A scalable and sustainable blockchain platform

Cardano is a blockchain platform built for smart contracts, enabling decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, lets users store value, make payments, and stake on the network. Cardano stands out for its energy-efficient proof-of-stake mechanism, Ouroboros, which is more sustainable than traditional proof-of-work models. 

The blockchain is divided into two layers: the Settlement Layer for transactions and the Computing Layer for smart contracts. This design enhances its transaction processing capability, potentially up to a million transactions per second. With its focus on scalability and sustainability, ADA shows strong potential. In the current market cycle, the coin appears attractive due to its innovative technology.

Shiba Inu: The Ethereum-based meme coin driving innovation

Launched in August 2020 by the pseudonymous developer Ryoshi, Shiba Inu (SHIB) has quickly grown into a standout meme coin on the Ethereum blockchain. Inspired by Dogecoin, SHIB leverages Ethereum’s ecosystem for enhanced functionality and scalability. With an initial supply of 1 quadrillion tokens, half were famously sent to Ethereum co-founder Vitalik Buterin, who donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the supply, significantly reducing its circulation.

Unlike its predecessor Dogecoin, SHIB is building a robust utility-focused ecosystem. Key developments include ShibaSwap, a decentralized exchange, and plans for an NFT platform and governance framework, highlighting its ambition to go beyond meme status. SHIB’s Ethereum integration positions it as a versatile asset with potential applications in decentralized finance (DeFi) and other blockchain-based innovations.

Conclusion

With the bull run of 2024 underway, DOGEN stands out as a token designed for those seeking luxury and success. While ADA and SHIB show less short-term potential, DOGEN aims for significant growth, following in the footsteps of successful tokens like BONK and Popcat. It builds a community of market leaders and offers real benefits, including exclusive perks for early adopters.

For more information, visit the official DOGEN website and join the community on X and Telegram.

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XRP’s $5, $10 goals are trending, but this altcoin with 7,400% potential takes the spotlight

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XRP targets big gains, but a new altcoin with 7,400% potential is poised to outshine, capturing market attention.

XRP has been making headlines with ambitious price targets, capturing the interest of crypto enthusiasts. Yet, an emerging altcoin boasting an astounding potential return of 7,400% is poised to steal the limelight. Could this under-the-radar cryptocurrency become the next major player, overshadowing XRP’s goals and seizing the market’s attention?

Move over XRP: XYZ targets 7,400% gains to steal the spotlight

In a crypto market rife with contenders, XYZ stands apart. Its presale has already demonstrated its potential, with the token’s price leaping from $0.0001 at launch to $0.001 in just a few months — a staggering 1,000% surge. Now priced at $0.001333 in its current presale stage, XYZ is set to rise again to $0.002 in the next stage, climbing toward a projected $0.1 at launch.

This trajectory marks a remarkable 7,400% potential increase, making XYZ a serious contender for the top spot in this altcoin season.

Why XYZ could overshadow XRP

More than just another token, XYZ embodies the spirit of sportsmanship and competition. As part of the XYZVerse ecosystem, it combines meme coin hype with the booming demand for sports-themed dApps, prediction markets, and sports betting. Its robust roadmap and high utility position it as a long-term player, not a flash-in-the-pan trend.

While XRP garners attention with price speculation, XYZ delivers tangible progress:

  • Presale Momentum: With rapid stage progress, XYZ has already shown its ability to attract a loyal following.
  • First-Mover Advantage: As the first all-sports meme coin, it taps into a massive, underserved market.
  • Rock-Solid Foundations: Audited smart contracts, a vetted team, and plans for major CEX/DEX listings ensure a secure and credible investment.

XRP’s $5 and $10 targets may turn heads, but XYZ offers something truly extraordinary — a chance to secure exponential returns while riding the wave of an altcoin movement. With its presale stages flying by and the final target of $0.1 in sight, XYZ is a rare opportunity for those who act fast.

Don’t wait for XRP’s next move; seize the chance to invest in a token with real growth potential and a unique edge. XYZ is more than a meme coin; it’s a movement set to reshape the altcoin landscape.

XRP

Over the past six months, XRP has shown significant growth, with its price increasing by over 360%. In the last month, the price surged by approximately 105%, indicating strong upward momentum. However, the past week saw a slight dip of about 3%.

Currently trading between $2.03 and $2.73, XRP is approaching its resistance level at $3.02. A break above this could propel it toward the next resistance at $3.73, representing a significant gain. On the downside, support levels at $1.61 and $0.9041 provide a safety net against declines.

Technical indicators present mixed signals. The 10-day Simple Moving Average is $2.28, just below the 100-day SMA of $2.44, suggesting short-term bearishness. The Relative Strength Index is around 43, indicating the asset is neither overbought nor oversold. The MACD level is slightly negative at -0.0252, hinting at potential consolidation. Overall, XRP’s robust performance suggests potential for further growth, especially if it can surpass key resistance levels.

Conclusion

While XRP’s ambitious goals are impressive, XYZVerse’s 20,000% growth potential and unique sports-meme blend might steal the spotlight in the 2024 bull run.

For more information, visit the XYZVerse website and follow the project on X and Telegram for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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