Following Trump’s election win and his endorsement of crypto, Binance Coin (BNB) and Toncoin (TON) prices surged, with analysts forecasting further gains.
The cryptocurrency market is experiencing a resurgence in popularity. This is due to the fact that Donald Trump emerged victorious in the election.
Trump recently declared that cryptocurrency is the future. The prices of Binance Coin (BNB) and Toncoin (TON) have increased. Even crypto analysts such as Byzantine General and CryptoBullet have issued audacious statements.
The price of Binance Coin (BNB) May Increase
Binance Coin (BNB) is considered one of the most exceptional cryptocurrencies. The price of Binance Coin increased by 5%, as indicated by CoinMarketCap. During that time, its value fluctuated between $578 and $596.
This altcoin continues to inspire optimism among crypto analysts, including Byzantine General. Binance Coin (BNB) is expected to experience a resurgence following Donald Trump’s victory, as indicated by his X post. He also anticipates that the Binance Coin cryptocurrency will shortly surpass its $650 resistance level.
This Binance Coin price prediction is substantiated by the technical analysis. For example, TradingView indicates that this cryptocurrency trades above its 10-day EMA of $621 and its 20-day EMA of $602. Additionally, its MACD level is 0.79 and it is in the purchase zone, which indicates a favorable entry point.
Additionally, the most recent Messari report for BNB Chain indicates promising developments. It is worth noting that its DeFi TVL increased by 2% to $4.85B. In the interim, the staked BNB increased by 7% to 32.4M. Therefore, it is possible that Binance Coin is among the most prominent cryptocurrencies, according to industry specialists.
The Price of Toncoin (TON) may reach the $15 Range
Toncoin (TON) is also generating significant buzz in the cryptocurrency industry. The price of Toncoin increased by approximately 6% on the 7-day chart, according to CoinMarketCap. During that time, the price of this alternative currency fluctuated between $5.20 and $5.30.
Additionally, CryptoBullet, a market expert, issued an optimistic forecast for the price of Toncoin. The correction for this altcoin is concluding, and Wave 5 may commence imminently, as indicated by his X post. CryptoBullet anticipates that the Toncoin cryptocurrency may reach a price of $12 to $15.
Additionally, there are promising indicators regarding Toncoin’s technical aspects. For example, TradingView indicates that its value has now surpassed its 10-day EMA. Its future is promising, as its MACD level of -0.119 is also in the purchase zone.
In the interim, Tonhub has introduced a Visa debit card. Direct payments can be made using Toncoin or USDt with this debit card. Due to these developments, Toncoin has been identified as a promising cryptocurrency by market analysts.
Cryptocurrency Market Overview
The recent US elections provided a significant boost to cryptocurrency. With a president who is pro-crypto, it is unlikely that this rally will conclude in the near future, according to numerous experts. There is already some momentum behind Binance Coin (BNB) and Toncoin (TON), but there are other coins that may also garner interest.
A Brief Overview of the Lunex Network (LNEX)
While this favorable trend persists, Lunex Network (LNEX) is capturing the attention of investors who are seeking novel opportunities. Individuals will acquire governance voting rights, pledging rewards, and much more by possessing this DeFi coin.
Experts suggest that LNEX may become the next 7x altcoin in 2025, as it aims to dominate the DeFi market through its upcoming non-custodial crypto exchange, which enables users to trade tokens across various blockchains.
