Tron (TRX) Price Drops But Analyst Forecasts New Peak of $2

According to CoinMarketCap's data, the Tron (TRX) coin has been on a major price decline in the weekly timeframe. The Tron crypto has started the week on a positive note but met with resistance at $0.17.

U.S. presidential campaigns have brought cryptocurrencies to the forefront, leading to a flurry of predictions for popular crypto coins.

According to Altcoin Daily, Tron's price may reach $2 if positive cryptocurrency legislation is enacted.

Pepe (PEPE) meme coin, on the other hand, continues its slow and steady decline in bearish territory, leaving holders hoping for a brighter future.

Smart investors are turning to top-performing coins like Lunex Network (LNEX), which has seen its price soar by more than 58% over the last few weeks.

Tron (TRX) Price Drops But Analyst Forecasts New Peak of $2

Data from CoinMarketCap shows that the Tron (TRX) coin has experienced a significant price decline in the weekly timeframe. Commencing the week on a positive note, Tron crypto faced resistance at $0.17.

The selling pressure drove the token's value down to the $0.162 region, approaching the support at the 50-SMA ($0.158383). Notably, on the monthly timeframe, the Tron coin still maintains a bullish trend.

At this level, the cryptocurrency's price has risen by 5.2%, indicating a bullish presence.

Meanwhile, Crypto Tony is optimistic about Tron (TRX). The analyst predicts a new all-time high for the coin. Earlier in July, Altcoin Daily predicted that the price of Tron might reach $2 in 2025.

In other news, the total number of accounts on the Tron network has surpassed 269 million.

Pepe (PEPE) Bows To Bear Market Pressure

Due to the high selling pressure in the crypto market, the Pepe (PEPE) memecoin has plunged to new lows.

According to CoinMarketCap, the value of the Pepe coin has decreased by 14.7% in the weekly timeframe.

The cryptocurrency is also in the red on the biweekly and monthly levels, with losses of 18.8% and 12..”), respectively.

Moving forward, RationalGaze predicts that the Pepe price could soon soar to $0.00001400.

According to them, if Kamala Haris wins the US election, the value of the memecoin might drop. Afterwards, it could begin another upward movement to $0.00001400.

This latest price forecast comes as Robinhood Crypto announces that Pepe (PEPE) transfers are now live on the exchange. Users can now deposit and withdraw the Pepe crypto.

Lunex Network (LNEX) Expected To Surge 15x in 2025

With its platform, which enables the swapping of 50,000 coins across multiple blockchains at a low cost, Lunex Network (LNEX) is gaining a lot of attention.

The platform also supports privacy by eliminating the use of KYC forms, making it a suitable option for investors seeking anonymity online.

Additionally, Lunex Network does not utilize external wallets like MetaMask for transactions, which makes the swaps on the platform faster and more efficient.

Another advantage of the platform is its user-friendliness. Designed with minimal graphic input, Lunex can be accessed via mobile devices.

The process is straightforward: select a cryptocurrency, enter the desired wallet address, and swap – no complicated procedures or identity verification.

Currently, Lunex Network is offering its native token, $LNEX, for $0.0019. Following its 58% price increase, analysts anticipate that the altcoin's price may rise by up to 15x in 2025, making it one of the best coins to watch.

In Summary

While the price of Pepe (PEPE) continues to decline and the future of Tron (TRX) remains uncertain, investors have shifted their focus to the most bullish coin in the market, Lunex Network (LNEX).

The altcoin's price has soared by 58% in the last month, ranking it among the top performers in the market.

For investors seeking a top crypto in the volatile market, Lunex Network presents an opportunity to consider.

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

Website

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