The cryptocurrency market undergoes multiple cycles over the course of a year. Every market cycle shuffles the hierarchy of altcoins, paving the way for new tokens to take the spotlight. Following the latest market cycle, XRP and Terra Classic (LUNC) have emerged as promising altcoins, offering considerable growth potential.
However, crypto enthusiasts and experts have diverted their attention to an early stage token called NFT Finance (NFTFN), that has taken the crypto market by storm with its strong foundation and unique selling propositions. Early investors of NFTFN are reportedly expecting a huge surge in its price, potentially outperforming LUNC and XRP.
LUNC To Reclaim Its Top Spot?
LUNA represents the original Terra blockchain that was revived and rebranded by its community, following the dramatic collapse of the Terra Ecosystem in May 2022. Despite the weight of its turbulent past, the Terra community continues to develop and build on the Terra Classic blockchain, providing a much needed boost to LUNC.
In a bid to decrease the total supply of LUNC over time, the community also schedules regular token burns which helps float the token’s price. As of now LUNC is trading at $0.00013 with a market capitalization of $790 million. With consistent revival efforts from the community and integration with new projects, LUNC has the potential to reclaim its spot in the crypto market.
XRP Poised To Rally Soon
XRP plays a major role in the widely used XRP Ledger (XRPL), as well as Ripple’s RippleNet, making it one of the most valuable digital assets in the global payments sector. XRP facilitates billions of dollars worth of cross-border settlements on a daily basis, which is a major source of the consistent demand for this altcoin.
Data from CoinMarketCap shows that XRP is currently trading at $0.58, boasting a market capitalization of $32 billion. Anticipating a favorable outcome in Ripple’s ongoing lawsuit against the US Securities and Exchange Commission, crypto analysts are projecting a considerable surge in XRP’s price.
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How Is NFTFN Set To Outperform XRP & LUNC
As a leading web3 fintech project, NFTFN strives to make the premium NFT segment accessible and affordable for a broader demographic. To that end, its flagship product SuperNova offers exposure to blue chip NFTs like BAYC, MAYC, Azuki and CloneX, creating an inclusive trading ecosystem. NFTFN previously raised $500k from investors like Polygon, Sigurd Ventures and Chingari.
NFTFN is currently in the second stage of its highly anticipated presale, where the tokens are available for just $0.03. As an NFT-centric token, NFTFN is well-positioned to benefit from the explosive growth of the NFT market which is projected to reach $230 billion by 2030. Early investors who have participated in NFTFN’s presales expect a significant rise in the token’s price, as compared to LUNC and XRP.
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