The crypto market has been shaken up again, with a whale emerging after a long period of inactivity. He made his return by buying a new crypto coin
Cryptocurrency buzzed again this week as a whale emerged from the depths, making its presence known with a grand purchase of Lunex Network (LNEX) presale coins, sparking an 8% return and whispers of a potential 2,000% growth.
As the crypto market continues to churn out new projects and initiatives, here's a closer look at some key highlights and updates from Lunex Network, Ripple (XRP), and Solana (SOL).
Lunex Network (LNEX) Surges in Presale Phase 2 with 8% Returns
Fresh out of phase two, the Lunex Network (LNEX) presale has already managed to generate an 8% return for early buyers within just a few days of launching their presale round. This impressive surge has caught the attention of many XRP and Solana (SOL) holders who are now considering shifting their focus towards LNEX.
With a starting price of $0.0013, the LNEX token has shown promising growth potential, especially considering that the token is yet to be listed on any cryptocurrency exchanges.
As per crypto experts, the LNEX token could surge up to 1,600 during the presale alone, with further gains to be expected upon listing on cryptocurrency exchanges.
Moreover, being a multi-chain crypto portfolio tracker, the Lunex Network Portfolio Tracker will allow users to monitor not just crypto coins but also stocks and ETFs in one place.
To top it off, LNEX holders will enjoy lower trading fees and get staking rewards. At the same time, the Lunex Network will integrate a decentralized VPN for user privacy.
Prominent Analyst Remains Bullish on XRP as Coin Market Analyst Predicts $0.96
In other crypto news, CoinMarketCap showed that the Ripple price surged by nearly 5% on the weekly price chart, prompting prominent market analyst Crypto Yapper to remain bullish on XRP in a recent X post.
According to Yapper, a fake-out occurred recently, and XRP has been consolidating for almost 149 weeks. Once it breaks out, it could reach $0.96, setting off a new bullish trend for the popular cryptocurrency.
In related developments, Ripple also launched new features for its Ripple Custody entity, including a user-friendly UI, simplified onboarding, and more. These updates are expected to further enhance the experience for institutional clients using Ripple Custody.
As a result, other market analysts are also bullish on Ripple crypto, predicting a rise to $0.60 before this quarter ends, according to their Ripple price prediction.
Solana Price May Drop to $40 Before Surging to $240, Announces Stripe Integration
Solana (SOL) also experienced some green price movements, where the SOL token price surged by around 3% in the past seven days, as per CoinMarketCap.
However, market analyst Pratty made a bearish statement in an X post, where he stated that Solana might see one last nuke to the $40 level before potentially surging to $240.
Meanwhile, Stripe also announced that crypto payments using the Solana stablecoins, USDC and USDP, are now live. This integration will allow businesses and users to send and receive payments denominated in USDC and USDP on the Solana blockchain.
Due to this development, the Solana ecosystem is expected to catch fire, prompting some experts to remain optimistic, where their Solana price prediction suggests a potential value of $146 for October.
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