In accordance with the “4-year cycle” of cryptocurrency, the bull run is a prolonged period characterized by extraordinarily bullish price movements and euphoric market sentiment.
While Bitcoin, Ethereum and XRP are solid choices to round out a portfolio, new low market-cap gems like Lunex Network are usually the best bets for parabolic gains above 25x. Read on to learn more.
Bitcoin Recovers Following A Correction
Corrections happen time and time again in the volatile world of cryptocurrency, though investors often forget that cryptocurrencies such as Bitcoin don’t go up in perpetuity. Bitcoin’s correction to $91,000 proved to be a temporary blip, as it looks increasingly likely that Bitcoin will hit the $100,000 milestone after recovering to $97,000.
Whales, of course, are usually more emotionally resolute than retailers. Big buyers leaped at the opportunity to accumulate Bitcoin on a discount, with the sales for Bitcoin totaling over $1.5B this week. The 4-year cycle is well underway, Bitcoin is a rare crypto where diamond-handing for the long run is a viable strategy.
Does Ethereum’s Positive Trajectory Indicate An Imminent Alt-Coin Season?
As the biggest and most recognizable alt-coin, Ethereum’s first parabolic surge has historically marked the beginning of altcoin season. Currently, Ethereum is staunchly in the green on the daily, weekly, and monthly charts, though most analysts concur that Ethereum hasn’t properly pumped yet.
The success of Ethereum ETFs, which have recently outperformed BTC ETFs in net inflows, is expected to bolster Ethereum’s prospects for the bull run. While bulls purport that Ethereum could hit $10,000 in the peak of the bull run, Ethereum’s degrading hype and Solana’s upward momentum could threaten Ethereum’s long-term valuation.
Key Bullish Catalyst Sees XRP Soar
Prior to November, various metrics indicated that XRP was objectively the worst-performing crypto in the top ten this year. Reflecting the fast-moving nature of cryptocurrency, XRP is now at its highest point since 2017, and XRP investors from 2021 are finally breaking even.
Gary Gensler’s preemptive resignation as chairman from the SEC sparked XRP’s rally, as circulating XRP ETF rumors bolster XRP’s bullish outlook. It’s unclear how far XRP can go in this cycle, though XRP is generally considered a riskier “blue chip” option than Ethereum and especially Bitcoin.
Discover Lunex Network: The New Presale Gem Set To Take This Bull Run By Storm
Lunex Network is quickly establishing itself as a standout in the DeFi DEX-swapping space, making it one of the most sought-after ICOs available today. By offering a non-custodial trading platform, Lunex Network ensures users retain full control of their private keys and assets. This setup enhances security and with no KYC requirements, users can trade freely without providing personal details like driver’s licenses.
Lunex Network also eliminates the need for third-party wallets like MetaMask and PhantomWallet, simplifying the trading process even further. Users can seamlessly swap across more than 50,000 assets, enabling trades on blockchains such as Bitcoin, Ethereum, and XRP.
As part of its innovative revenue-sharing model, Lunex Network allocates a portion of its profits to buy back LNEX tokens. Half of these are distributed to token holders, while the other half is reserved for staking rewards, offering APYs as high as 18%.
Currently priced at $0.0033 during its eighth presale stage, Lunex Network presents a unique opportunity for investors. Don’t miss out on potential 10x gains by 2025!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.
The post What Is A Crypto Bullrun and How To Make Money Off Tokens Like Bitcoin, Ethereum & XRP appeared first on Crypto News Land.