The post Ripple Poised to Surpass ATH As Influence From $RLUSD Surges; Lunex Network Rapidly Smashes Peak Levels in Presale appeared first on Coinpedia Fintech News Having suffered legal issues for most of 2024, it was only normal that a lot of investors were surprised when the XRP token climbed well above $2 from a lower level around $0.5. Now stabilized above $2.40 and now launched its $RLUSD stablecoin, investors anticipate further growth for the XRP price. In the midst of a positive Ripple (XRP) market, savvy investors are exploring low-cap gems with equal or more growth potential than Ripple coin. As a result, many are stumbling upon Lunex Network , as it positions itself as a solid DeFi contender with robust features including a multichain DEX, designed to allow wide interoperability over 40 blockchain networks. Ripple Coin Shows Bullish Strength By Surges By Over 10% In The Past Week Having progressed by over $2 from a lower range around $0.5 in October 2024, it’s safe to say Ripple (XRP) has held itself strongly and also rode the bullish wave excellently this market cycle. Although its price has fallen by over 3% what where it was in the past month, XRP token has risen by over 11% in the past week, climbing over the $2.40 range. Several crypto analysts are already bullish on Ripple due to the latest launch of its stablecoin, $RLUSD, which is poised to increase liquidity on the Ripple network. SirRobArtll1, anonymous crypto analyst, highlighted the possibility of Ripple coin hitting $4 very soon. Another analyst, Mr Xoom discussed the growth potential of Ripple on X (formerly Twitter), where he highlighted that Ripple price will potentially hit a target of $6 or $7 by the end of January. Investors are generally confident that Ripple coin can break higher levels this year as Bitcoin continues to rise this year, presenting it as a top crypto to buy this year. Lunex Network Poised To Surpass Some Of The Top DeFi Platforms This Year The Lunex Network (LNEX) has shown that it has the strength needed to transverse through the DeFi market successfully. Given its non-custodial and multi-chain DEX, which comes with extra features that will allow it challenge the likes of Binance (BNB). With additional cheaper transactional rate, surplus liquidity, B2B payment gateway and a Portfolio Tracker, this new DeFi platform is slated to dominate a considerable size of the DeFi market. Its unique B2B payment gateway tackles the issues that merchants face with cross-border payments, so Lunex Network enables merchants to accept crypto as payment worldwide. Moreover, its DEX protocol allows users to trade over 50,000 cryptocurrencies pairs across up to 40 or more blockchain networks while also allowing users to store their assets in a safe, secure and transaction wallet. With regular market insights that come from its Portfolio Tracker, the platform also allows users to manage their assets strategically. As the DeFi market grows, Lunex Network is poised to skyrocket its growth especially as it continues to gain traction. To top it all, its native token is built with a deflationary nature which automatically generates more value through its reduction in supply. The LNEX is currently sold for $0.0054 after rising over 350% from $0.0012 to accumulate over $6.2 million in presale revenue. Its projected massive rise after its presale has also added to its value as a top crypto to buy. Is Ripple A Tough Challenge For Lunex Network to Surpass? Ripple has already established its dominance in the DeFi market and with its $RLUSD stablecoin launch, it serves as a befitting challenge for Lunex Network. However, Lunex’s innovative DeFi features and rapid presale success could help it carve out a surpass Ripple easily if its momentum spikes. You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork
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Crypto Market Bleeds $76 Billion in Capital as US Dollar Hits Two-Year High
The cryptocurrency market has been facing bearish pressure since the beginning of the year. According to CoinMarketCap, the total crypto market capitalization has dropped by 10% in one week to $3.18 trillion. The downtrend has caused a negative impact on flows in and out of the cryptocurrency market. According to analyst Ali Charts on X, capital inflows in the market have declined from $134 billion to $58 billion in just one month. (Source: X) This decline points towards reduced investment activity. Moreover, traders withdrawing their money from the market could indicate market uncertainty and a lack of conviction about the short-term price performance. One of the factors that could be behind the drop amid bullish catalysts such as the upcoming inauguration of Donald Trump is the reduced demand for risk assets such as crypto and stocks. Dollar Strength Reduces Demand for Crypto Trump’s election win not only boded well for cryptocurrency prices but also for the US dollar. According to MarketWatch , the US Dollar Index (DXY) has increased to 110, marking its highest level since November 2022. The US dollar is inversely correlated with Bitcoin in that when the DXY is rising, crypto prices decline. Moreover, a stronger dollar tends to reduce the demand for assets like crypto as investors become risk averse. The weakened demand is also evident in the spot crypto exchange-traded fund (ETF) market. This is after spot Bitcoin ETFs recorded $732M in outflows in the last two consecutive trading days, per SoSoValue data. Spot Ethereum ETFs also saw $185M outflows last week. If institutions and retail traders continue to show reduced interest in Bitcoin and altcoins in preference for the US dollar, it could result in bearish pressure. Fear and Greed Index Shows Market is Still in Bull Territory Despite crypto prices retracing across the broader market, the Fear and Greed Index, a metric that measures the sentiment of traders, still shows a bullish sentiment. At press time, this index stood at 61, which shows a state of “greed” and that demand from investors remained significantly high. However, the level of demand from new buyers has dropped significantly, given that the index stood at 78 a week ago. Bitcoin traded at $91,690 at press time after a 10% drop in seven days, while the largest altcoin, Ethereum (ETH), traded at $3,108 after registering a 14% drop in one week. coinpedia
Price Prediction: Tron (TRX) And Chainlink, Also The Latest News On Crypto Altcoin Remittix As Investors Pile In
Despite the general market decline, Tron (TRX), Remittix (RTX), and Chainlink (LINK) are making headlines with their bullish price predictions for 2025, fueled by strong adoption and investor optimism. Chainlink’s price has neared a critical support level that could determine its next big move. On the other hand, Tron’s rapidly growing ecosystem and re-entry to the U.S. market have positioned it for a promising 2025 bullish outlook. The spotlight shines brightly on Remittix (RTX), whose presale momentum has continued to gain traction after its price increase to $0.0199 from its starting price of $0.015. Its unique, innovative PayFi protocol and high growth potential have captured attention, as analysts expect the new token to challenge existing giants in the crypto landscape in the next bull cycle. Chainlink (LINK): Bullish or Bearish Trends in 2025 After a disappointing year, the LINK token saw a dramatic 200% rally in November, only to pare off these gains in the December downturn. This has left LINK struggling to regain footing in 2025. The token has been hovering near its critical support level at $23, a pivotal area determining its next leg up. A breakdown below this level would invalidate its bullish prospects and potentially set the stage for a bearish trend for the year. Conversely, a breakout above this key resistance level could see LINK crypto test or hold this level before continuing higher. It would confirm that the previous breakout was a deviation if it fails to close above this level. Its technical indicators highlight declining momentum. Its Relative Strength Index (RSI) has dropped below 70, and the MACD has formed three consecutive lower momentum bars. While its weekly chart casts doubt, Chainlink’s daily chart offers a more optimistic outlook. It indicates that the LINK price is on track for its fourth wave of a five-wave upward movement that started in August 2024, which is usually a correction. The sub-wave count has tipped towards the possibility of another dip, which could complete the sub-wave c. The most likely bottom is around the $17.95 and $20.45 levels. Once Chainlink’s price completes wave four, it is expected to rebound as wave five begins. A more apparent target will be established once wave four is completed. Why Tron Standouts As A Strong Player in 2025 Tron (TRX) has been on track to enter the price recovery phase of the macro bull run. Its robust Web3 ecosystem, which boasts over 7.2 billion in total value locked (TVL) and over 58 billion in the stablecoins market, has well-positioned Tron crypto as a promising player for 2025. Notably, the launch of the meme coin launchpad, SunPump , has increasingly bolstered Tron network’s revenue and active addresses. The network has also entered the U.S. market, highlighted by Justin Sun’s advisory role in Donald Trump’s World Liberty Financial (WLFI) , which could further strengthen its position. Its USDD decentralized stablecoin was also recently upgraded to version 2.0 beta on the Tron network, enhancing stability and offering users a robust and reliable platform. Over the past two years, TRX price has risen steadily, with significant momentum gained since November 2024. Its bullish breakout from its ATH pushed optimism in its ecosystem, rallying beyond the $0.44 level in 2024. Despite the general market decline, the TRX token is expected to find support at the $0.20 level. A breakout from this level could trigger a rebound. With a rapidly growing ecosystem and its re-entry to the US market, the TRX coin is positioned for a promising 2025 outlook. Remittix Attracts Worldwide Attention After Being Dubbed “XRP KILLER” Remittix (RTX) is developing a new platform for international fiat currency transfers using advanced payment systems. This platform will allow users to instantly convert 40 different cryptocurrencies into fiat currencies and send them to any approved global bank. It thrives in simplicity; recipients receive payments in their chosen fiat currency without knowing the transaction originated as a crypto payment. Unlike conventional banking with extra charges, Remittix utilizes a peer-to-peer approach with no hidden charges outside the flat fees. Besides crypto-to-fiat features, Remittix offers Pay API that enables businesses to accept cryptos as a form of payment from clients and settle transactions into any approved global bank. To ensure security, all transactions on the Remittix platform are stored in a public ledger, enabling transparency and traceability. Moreover, all transactions are immutable and tamper-proof, reducing unnecessary chargebacks. Remittix has followed advanced security protocols and frequent audits from SolidProof and BlockSAFU blockchain security firms, assuring its users of its reliability as a secure PayFi solution. Meanwhile, the RTX token will power significant processes within the ecosystem, including governance and staking. RTX holders will earn up to 8% APY rewards when they stake their tokens. For investors seeking to take their earnings to the next level, Remittix offers a VIP tier program that rewards users based on their investments. Tier three investors, for example, have voting privileges and earn as much as 18% APY. Investors Flock Into Remittix Presale With the next bull cycle approaching, Remittix has signaled itself among the best potential crypto investments for 2025. This ambition is backed by the over $2. million revenue it has raised in just a few weeks of its ongoing presale. Investors have a rare chance to enter the revolution for only $0.0199 per token before the price increases to $0.0208. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . coinpedia