Ripple Price Prediction: If SEC Lawsuit Ends XRP Price Could Hit $10

November 29, 2024
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2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The conviction of XRP holders is being rewarded in real-time. Ripple is soaring to levels unseen since 2021, and Analysts believe that this is just the beginning as Ripple could rise much higher in the upcoming months.

Meanwhile, Lunex Network, a new contender in the DeFi space is already capturing attention with its viral presale and cutting-edge framework. 

Ripple Is Consolidating, $1.40 Support Appears Rock-Solid

The main catalyst behind Ripple’s rally has undoubtedly been Trump’s victory in the US presidential elections. The President-elect has time and time again affirmed his pro-crypto stance. Trump stated that he will push for a regulatory overhaul that encourages and supports the development and adoption of digital assets. 

Ripple has struggled over the past few years as pressure from regulatory bodies intensified. This culminated with a protracted legal battle that is still raging on. This is expected to change soon, however. Ripple Labs’ arch-nemesis and chair of SEC, Gary Gensler, has recently announced that he will step down from his position.  

But Ripple has more surprises in store. Just a few months ago, Ripple Labs announced plans to release its proprietary stablecoin, RLUSD. The company is also in talks with the United Arab Emirates Bank for the development of a Dirham-backed stablecoin. 

These recent developments have resulted in Ripple seeing over 178% in monthly gains, which also factor in the retracement from the $1.63 local top. At press time, XRP sells for $1.42 with a 6% intraday increase.

Why Lunex Network Is A Gamechanger

Lunex Network is a next-gen DeFi protocol that leverages a Web3 aggregated ecosystem which will allow for seamless swaps across major blockchains. The exchange will allow for rapid-fire transactions between 50,000+ assets.

READ MORE   Dogecoin Price Prediction: DeFi Token WallitIQ (WLTQ) Trumps DOGE’s 36,000% Price Increase From 2021

Lunex separates itself from the competition by catering to the specific needs of the different types of users. The platform offers an exclusive, non-custodial DeFi wallet, a portfolio tracker for optimal asset management, and the subscription service Lunex Pro, which grants access to advanced tools such as cashback and AML wallet checks.

Institutional investors will have access to Lunex Network’s B2B payment gateway API. This is a feature designed for the needs of businesses that want to integrate cryptocurrencies in their framework, but lack the technical know-how. They will be able to accept crypto payments, which will be automatically converted into fiat with zero hassles.

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One of the most interesting aspects of Lunex is its revenue-sharing system. Every week, the exchange will allocate a portion of its earnings to repurchase $LNEX from the open market. These tokens will then be airdropped to the community as recurring staking rewards, encouraging them to engage with the platform on a deeper level and hold $LNEX long-term.

The $LNEX presale has already raised over $3.5 million in funds and tokens are priced at just $0.031. When taking into account all that Lunex Network has to offer, it could very well become one of the hottest plays of 2025 as a 1800% price surge is expected by the end of the presale alone. 

You can find more information about Lunex (LNEX) Network here:

Website: https://lunexnetwork.com 

Socials: https://linktr.ee/lunexnetwork 

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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