Whales Purchase 100M XRP, BNB’s Bullish Trend at Risk, New Presale Raises $5M+

Over 100M XRP Tokens Acquired by Whales

In a recent update by crypto analyst Ali Martinez on X, it was revealed that crypto whales purchased 100 million XRP tokens during a brief dip below $2 on December 10th. Since then, XRP has regained its upward trajectory, signaling a potential price correction.

The accumulation of XRP tokens suggests bullish sentiment in the crypto market. Popular trader PharaohX33 on X has expressed hopes for an extended rally, while analyst Amonyx forecasts a potential breakout that could push Ripple’s price above $300.

Although reaching $300 is unlikely, the rising market activity surrounding XRP is a positive sign for future growth. The market capitalization (MCAP) of XRP hit an all-time high of over $155 billion on December 3rd. While the MCAP has since decreased to $135 billion, it remains higher than the previous all-time high of $130 billion in January 2018.

BNB’s Bullish Momentum Declines

Since reaching its all-time high of $793.35 on December 4th, BNB has experienced a downward trend. The token has lost around 12% in value in the past week and faces further risk of entering a bear market.

However, BNB remains above its key support level of $650. If the token can maintain support above $680 in the coming days, it could potentially rally above $700. Crypto analyst Anup Dhungana predicts a rise to $2100 in the near future. Technical analysis shows that BNB is trading above both the 50-day and 200-day Simple Moving Averages (SMA), which suggests continued bullish sentiment.

The Fear and Greed index for BNB is currently at 74, with Coincodex predicting a rise to $797 in the short term, making BNB one of the altcoins to watch this season.

Lunex Network: A DeFi Project Gaining Traction

Lunex Network (LNEX) has recently entered a new presale stage, offering early investors significant returns. Having started at $0.0012, LNEX is now trading at $0.0044, marking a 260% gain for early investors. The project has raised over $5 million in funding, with more than 2.2 billion LNEX tokens sold in just a few weeks.

LNEX is positioning itself as a next-generation DeFi crypto exchange that allows for multi-chain buying, selling, and swapping of digital assets without the need for KYC or wallet connection. The platform’s low fees and privacy features are attracting a growing user base, with over 50k trading pairs available for users.

Key Features of Lunex Network:

• Revenue sharing model and staking pool for token holders
• Multi-currency staking with high APY yields
• Low transaction fees and user privacy focus
• Over 50k trading pairs to choose from
• Portfolio tracker for managing multiple assets

With all these robust features, Lunex Network has the potential to make significant waves in the DeFi space. Analysts predict that the token could hit $0.01 shortly and reach $0.50 once it is listed on exchanges. Given its innovative approach and promising outlook, LNEX is set to become one of the top 100 crypto coins.

Best Crypto Coin to Invest Ahead of 2025

While XRP and BNB present solid investment opportunities, Lunex Network offers even greater growth potential with a lower entry price of just $0.0044 per token. As the presale continues, now is the perfect time to invest in LNEX tokens and position yourself for future growth. With its powerful features and promising roadmap, Lunex Network is one of the best cryptos to invest in ahead of 2025.