As Q4 2024 unfolds, analysts have spotlighted three top altcoins that are poised for significant gains: Chainlink (LINK), Ripple (XRP), and Lunex Network. They expect their prices to skyrocket to former highs in the coming weeks.
SatoshiFlipper told his followers that the price of Chainlink (LINK) could rally to $13. XRPrincipal forecasts Ripple (XRP) might reach $0.7429. Meanwhile, the value of Lunex Network (LNEX) is expected to rise 500% in the fourth quarter.
M^0 Integrates Chainlink (LINK) PoR Secure Mint Feature
The M^0 Foundation has adopted Chainlink (LINK) Proof of Reserve’s Secure Mint to enhance the security and transparency of the decentralized stablecoin M. Through the integration of PoR into the minting function of M, M^0 can prevent infinite mint attacks from bad actors.
In other news, the Chainlink coin is considered between $10.5 and $11.75 on the monthly timeframe on CoinMarketCap. The Chainlink crypto has failed to break the resistance at the upper level to regain the $12 region.
Currently, the VWMA (10) indicator is bullish and supports a move to the upside in the coming weeks if buying momentum increases. If this plays out, we might see the Chainlink price rising to $12. SatoshiFlipper, an analyst, says the altcoin price could rise to $13 in the coming weeks.
Bitwise Updates Ripple (XRP) ETF Filing To Protect Investors
In a new filing with the SEC, Bitwise gave more information on how it plans to protect the assets backing its Ripple (XRP) ETF. According to the S-1 document, Coinbase Custody will hold the assets for the ETF.
Most of the assets will be safely kept in cold wallets, with the only exceptions being when it is necessary to perform a transaction or fulfill a cost. Working with institutional clients, Coinbase Custody will hold Bitwise’s Ripple XRP in cold storage and away from the funds of Coinbase.
This division prevents unauthorized access or theft of the assets that belong to the investors. While the community awaits the verdict of the securities regulator, the Ripple coin is showing gains on the weekly and biweekly charts on CoinMarketCap.
The VWMA (10) indicator of Ripple (XRP) has turned bullish, showing a buy signal. XRPrincipal says the Ripple price could pump to $0.7429 if it crosses the resistance at $0.6649.
Lunex Network (LNEX) Multi-Chain Support Sets It Above Competitors
Lunex Network (LNEX) is a hybrid exchange that supports token exchange across more than 20 blockchain platforms. Other decentralized exchanges operate in only one blockchain plane. For instance, Uniswap is currently an Ethereum-based DEX, and PancakeSwap is of Binance Smart Chain. However, Lunex Network supports different blockchains.
This approach allows users to trade thousands of cryptocurrencies without the need to move between different platforms to perform cross-chain operations while at the same time minimizing the cost of transactions. As for the Lunex Network users, having the native token, LNEX provides the following privileges.
LNEX token holders get fee discounts, purchase rebates, platform rewards, and the opportunity to stake their tokens for passive income. This staking option gives them an avenue to increase their returns. In addition to this, they get a share of the platform’s revenue.
Being a cross-chain platform with numerous perks for its users, Lunex Network is ready to provide convenience and added value for its users. At the current stage 4 of the presale, one LNEX token costs $0.0017. Experts advise that LNEX is a good crypto to buy right now. They forecast the value of the token could pump by 500% in the fourth quarter.
Best Cryptos To Buy in Q4 2024: Chainlink, Ripple, and LNEX
As we go deeper into the Q4 bull run, Chainlink (LINK), Ripple (XRP), and Lunex Network are already setting the pace for investors in the crypto space. These coins can provide both the stability and the growth that is needed to surpass the market.
For investors after massive profits in the last quarter of the year, these choices are the best altcoins to buy to achieve that goal and send 2024 off with a bang.
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