Investors are eagerly waiting for the memecoin space to move forward, as various sources report that Bonk (BONK) might join Robinhood soon. This listing could push Bonk to new highs. On the other hand, Shiba Inu (SHIB) is ready for a possible 50% upswing due to the technical analysis and whales’ actions.
Among such trends, Lunex Network (LNEX) has become the highlight of the show, with expectations of an 1800% increase. Lunex Network has already earned its reputation for providing unique DeFi solutions.
Shiba Inu (SHIB) Eyes Potential Gains
A cryptocurrency analyst known as Satoshi Siren has noted that the Shiba Inu crypto is set for a major breakout. The token has recently crossed a descending trendline and is currently ranging slightly below the crucial resistance at $0.000029.
An extended breakout above this level may point the price towards $0.000044, a 50% increase. Such a bullish outlook is boosted by the formation of the inverse head and shoulders pattern and a successful test on the 200-day Exponential Moving Average.
Also, the whale investors’ accumulation has risen by 425%, proving that major investors in the market are bullish about Shiba Inu (SHIB), Satoshi Siren added. These are signs the Shiba Inu token might be on the brink of a massive rally, meaning the token is worth tracking in the next few days.
In the meantime, the Shiba Inu coin is showing profits on the price chart. On the 7-day chart, it has a gain of 5.4%. On the 30-day timeframe on CoinMarketCap, the memecoin is up 52.3%.
Bonk (BONK) Potential Robinhood Listing Could Lead To Massive Surge
Bonk (BONK) is one of the top memecoins in the market right now. The coin has shown an overwhelming performance in the past month to outshine Dogwifhat.
According to CoinMarketCap, the Bonk coin is currently the largest memecoin on the Solana network. Its value is consolidating between $0.0000425 and $0.0000575 in the 7-day timeframe.
On this 7-day level, the Bonk price has dropped by 2.5%. Still, the cryptocurrency is bullish on the higher charts. In the 14-day timeframe, it has a profit of 85.8%. On the 30-day chart, there is a gain of 124.3%.
Meanwhile, rumors of a potential listing on Robinhood on the memecoin space have drawn positive sentiment to the Bonk ecosystem. Analysts expect much from the Bonk crypto in the coming weeks.
Moon forecasts the value of $BONK may rally to $0.00011555 in the long term. They also posted a chart that showed short-term targets of $0.00005440 and $0.00006940.
Why Lunex Network (LNEX) is a DeFi Project To Watch
Lunex Network (LNEX) is a comparatively new entrant in the DeFi space. It enables traders to exchange over fifty thousand coins across various chains at a relatively low fee.This low cost is, however, an advantage, especially to the large traders who make frequent trades. Similarly, privacy is one of the most obvious benefits of Lunex Network.
Contrary to most of the CEXs that demand users to go through the process of verification, Lunex Network does not ask for KYC. Also, the platform is a non-custodial one. It is important to note that the users control private keys and assets in the ecosystem fully. This makes Lunex Network one of the best DeFi projects for security-conscious traders in the market today.
$LNEX is the native token of Lunex Network, and it carries a lot of value to the Lunex Network ecosystem. However, $LNEX has a number of benefits for its holders as well. Users can lock their tokens and receive up to 18% of the annual interest rate while participating in the platform.
Also, $LNEX is key in Lunex’s profit-sharing plan, where people can earn a share of the project’s revenue. This dual utility helps to enhance the valuation of $LNEX. The above features make Lunex Network to be among the best DeFi projects in the market. It is still in the presale stage and has already attracted more than $3.1 million in funding; the LNEX token is $0.0031.
In Conclusion
Shiba Inu (SHIB) and Bonk (BONK) are the best memecoins to invest in now. Analysts say their prices could rise to new heights in the months ahead. Meanwhile, Lunex Network continues to gain attention with its presale. Its value is predicted to pump by 1800% before the end of the cryptocurrency ICO.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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