Analysts have identified three top altcoins that are expected to experience significant gains in Q4 2024. These altcoins are Chainlink (LINK), Ripple (XRP), and Lunex Network. Experts predict that their prices will soar to previous highs in the coming weeks.
SatoshiFlipper, a prominent figure in the crypto community, has informed his followers that the price of Chainlink (LINK) could rally to $13. Additionally, XRPrincipal has forecasted that Ripple (XRP) might reach $0.7429. Furthermore, the value of Lunex Network (LNEX) is expected to rise by a staggering 500% in the fourth quarter.
The M^0 Foundation has integrated Chainlink’s Proof of Reserve’s Secure Mint feature to enhance the security and transparency of their decentralized stablecoin, M. By incorporating Proof of Reserve into the minting function of M, M^0 can prevent infinite mint attacks from malicious actors.
In recent news, the monthly timeframe on CoinMarketCap indicates that the Chainlink coin is trading between $10.5 and $11.75. However, it has failed to break the resistance at the upper level to regain the $12 region. Currently, the VWMA (10) indicator is bullish, suggesting a potential upward movement in the coming weeks if buying momentum increases. SatoshiFlipper predicts that the price of Chainlink could rise to $13 in the near future.
Bitwise has filed an update with the SEC regarding its Ripple (XRP) ETF, providing more information on how it plans to protect the assets backing the fund. According to the S-1 document, Coinbase Custody will hold the assets for the ETF. The majority of the assets will be stored securely in cold wallets, with exceptions made for necessary transactions. By working with institutional clients, Coinbase Custody ensures that Bitwise’s Ripple XRP is kept in cold storage, separate from Coinbase’s funds. This division prevents unauthorized access or theft of the investors’ assets. While awaiting the securities regulator’s verdict, the Ripple coin has shown gains on the weekly and biweekly charts on CoinMarketCap. The VWMA (10) indicator of Ripple (XRP) has turned bullish, indicating a buy signal. XRPrincipal suggests that the Ripple price could rise to $0.7429 if it surpasses the resistance at $0.6649.
Lunex Network (LNEX) distinguishes itself from competitors by offering multi-chain support. Unlike other decentralized exchanges that operate solely on one blockchain platform, Lunex Network supports over 20 blockchain platforms. This allows users to trade thousands of cryptocurrencies without the need to switch between different platforms, reducing transaction costs. LNEX token holders enjoy various privileges, including fee discounts, purchase rebates, platform rewards, and the opportunity to stake their tokens for passive income. This staking option provides users with a way to increase their returns and earn a share of the platform’s revenue. With its cross-chain capabilities and numerous benefits for users, Lunex Network is poised to provide convenience and added value. Currently, during the presale stage 4, one LNEX token costs $0.0017. Experts advise that LNEX is a promising cryptocurrency to invest in, as they predict its value could increase by 500% in the fourth quarter.
In conclusion, for investors seeking substantial profits in Q4 2024, Chainlink (LINK), Ripple (XRP), and Lunex Network are the top altcoins to consider. These coins offer both stability and growth potential, making them ideal choices to end the year on a high note.
