Bitwise’s deposit of Spot Ripple ETF (XRP) is generating positive momentum that could influence other DeFi coins like Uniswap (UNI) and Lunex (LNEX).
Just recently, the largest crypto index fund manager, Bitwise, filed to spot Ripple ETFs, a move that is poised to spark positive sentiments regarding the growth of other cryptocurrencies in the DeFi market.
While Ripple (XRP) already has a chance to rise if its spot ETFs are approved, experts also believe that crypto gems like Uniswap (UNI) and the latest Lunex Network (LNEX) have achieved a prediction of around 1800% growth for its native token $LNEX. Let’s discuss the potential of these coins as well as the fate of Ripple.
Lunex Network attracts major presale attention by pioneering a new DeFi frontier
Lunex Network (LNEX) is a fully decentralized, community-supported platform designed to connect isolated blockchains while allowing users to trade over 50,000 cryptocurrencies at low cost, across multiple chains. However, more of the attention the platform received during its pre-sale is attributed to its completely anonymous, non-custodial, and KYC-free network, where users do not need any of their personal information.
This growing DeFi protocol offers a unique revenue sharing model in which $LNEX token holders receive a portion of the project’s profits. By staking LNEX tokens, holders enjoy up to 18% APY in passive income and also benefit from its buyback and burn mechanism that automatically determines the price of the LNEX hugger. Apart from this, Lunex network users enjoy exclusive cashback, reduced fees, and access to advanced liquidity mining features.
Meanwhile, cryptocurrency trading is not the only convenient feature brought by Lunex Network. The Lunex network also offers a diverse range of DeFi services, including a mobile exchange, crypto wallet, portfolio tracking, and B2B payment gateway for businesses. This payment gateway notably allows businesses to accept cryptocurrencies and automatically convert them into fiat.
With plans to launch after the conclusion of its presale, Lunex Network is already topping analyst lists of the best DeFi presale coins of the year. We are planning a rally 18x at the end of its presale, its native token is currently selling for $0.0013 in its second pre-sale phase currently underway. The token has earned over $600,000 so far, however, considering its numerous DeFi trading tools, Lunex Network could round up over $1.5 million by the end of the month.
XRP Sees Glimpse of Bullish Growth Amid Bitwise Ripple ETF Spot Ripple (XRP)
In light of the filing by Bitwise, one of the largest institutional crypto asset managers, of spot Ripple ETF, Ripple holders are once again optimistic that the Ripple price will leave its current stagnant position. Part of the optimism around ETFs for Ripple Coin (XRP) comes from its CEO’s positivity about developing an ETF.
As of now, the Ripple coin price still reflects a whopping 84.65% loss from its ATH. Despite rising 6.39% over the past month, Ripple price is still struggling in its long consolidation range, around $0.4-$0.7. However, with the potential launch of spot ETFs for Ripple, the native XRP token could regain a bullish position.
Uniswap network sees increasing network activity that could continue until the end of the fourth quarter
After falling from its highest high around $15 this year, the Uniswap token (UNI) has stabilized at a current weekly range of $6.74 to $7.84. Despite this, Uniswap token holders believe that the token is not finished with its uptrend this year.
With an increase of 18.45% last month. The Uniswap token is gradually rising again and indicates its potential to surpass the all-time high price it reached this year. Its surging network volume, which just increased by 36.87%, is also a catalyst for Uniswap price to meet its bullish forecast this year.
Can the Lunex Network Rank Among the Top Crypto Gainers This Year?
Following an analyst’s prediction of a 1800% increase before concluding its presale, Lunex Network is poised to rank among the biggest crypto gainers this year. However, its eye-catching features of the DeFi market will also have a role to play in this regard.
You can find more information about the Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social networks:
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.
