There aren’t many feelings as frustrating as being sidelined when cryptocurrencies experience massive runs that see them rake in triple-digit gains. Solana (SOL) and Shiba Inu (SHIB) are running like there’s no tomorrow, and buying in today most likely won’t lead to substantial price multipliers in the upcoming months.
Savvy investors know that the real money is in undervalued, low-cap gems such as Lunex Network which is making waves with the viral presale of the native utility token –$LNEX.
Solana Reaches Highs After ETF News, What’s Next?
Solana (SOL) finally soared to a new all-time high just a few hours ago, peaking at $263, and is currently consolidating right below. Right now, Solana is selling for $259 with a slight correction. Solana has now entered a short-term cool-off phase as reflected by the 33% decline in volume, with about $6.6 billion worth of SOL traded in the last 24 hours.
Meanwhile, Solana spot ETF issuers like Bitwise and Canary Capital have started talks with the SEC. With the pro-crypto climate ushered in by the incoming Trump administration, the approval seems to be more a matter of ‘when’ and not ‘if’. After all, the way has already been paved on the global scene as Brazil recently introduced a Solana ETF. However, when it comes to the United States, the convoluted regulatory framework that is currently in place could delay the ETF release until 2025.
Shiba Inu Attempts Breakout
Shiba Inu (SHIB) has surged by more than 53% in the last month alone and after a rejection at the $0.000029 resistance level is now preparing for a second attempt. Shiba Inu is currently selling for $0.0000269 with an 8% intraday increase. Buyer interest is rapidly increasing, as reflected by the 120% surge in 24-hour volume with over $3 billion worth of SHIB traded on exchanges.
Crypto analyst Ali Martinez has pointed out in a post on X that Shiba Inu’s price structure is strikingly similar to that of Dogecoin before DOGE entered escape velocity. This means that Shiba Inu could soon follow suit with a near-vertical monthly candle that could see its price soar beyond $0.000030 and reach a local peak of $0.000049.
How Lunex Network Redefines The DEX Framework
Lunex Network is a non-custodial decentralized exchange that connects isolated blockchains on one platform. Users can seamlessly transact across more than 50,000 different assets at lightning speed and with extremely low slippage, as liquidity is sourced from multiple blockchains.
No KYC is required to join and no third-party wallet such as TrustWallet or MetaMask is needed either. Lunex Network will provide users with a non-custodial DeFi wallet and a dedicated portfolio-tracking app for optimal wealth management.
Moreover, businesses that wish to integrate crypto payments but lack the technical know-how will have access to the Lunex B2B payment gateway API. This means that any crypto payment will be instantly swapped into fiat money at the best possible rate. This feature alone sets Lunex Network miles ahead of the competition as it offers a real-world use case while championing widespread adoption.
Another intriguing aspect of the Lunex Network Ecosystem is the revolutionary rev-share model powered by the $LNEX token. On a weekly basis, the exchange will redistribute a portion of its profits to holders who stake the token on the platform for up to 18% APY.
Today, $LNEX tokens sell for just $0.0031 and so far nearly $3 million has been raised in the ongoing presale. By the end of the event alone $LNEX is expected to soar by 1800%, and once the token hits the markets, incredible rallies could be on the cards, which could lead to Lunex Network vastly outperforming both Solana and Shiba Inu in 2025.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
