Shiba Inu and Dogecoin investors are watching Lunex Network, a rapidly growing altcoin dubbed the “Binance Killer.” With impressive growth and innovative features, Lunex Network is capturing interest as a powerful alternative to established exchanges. Advanced functionality, competitive fees, and huge potential returns make Lunex Network a tempting option for fresh investment opportunities.
Shiba Inu (SHIB) Sets A New Transaction Volume Record
Shiba Inu (SHIB) posted 21 trillion transactions in the last twenty-four hours. This transaction surge has pushed Shiba Inu’s price higher and renewed interest in the meme coin. Data from IntoTheBlock confirms Shiba Inu’s network is highly active, showing high transaction volumes and an increase in the number of transactions.
The rise in whale activity, however, suggests caution. While high transaction volume and price spikes signal strong momentum, whales selling off could put downward pressure on SHIB’s price. If these transactions are more about redistributing Shiba Inu rather than large-scale sell-offs, they could lead to broader Shiba Inu ownership, which might help stabilize its price.
Moving forward, it will be essential to watch SHIB’s upcoming resistance levels if its current momentum continues. Successfully surpassing these levels could fuel further gains, but if recent growth is not maintained, a short-term correction may follow. Overall, Shiba Inu has shown impressive recent performance, but investors should stay vigilant and monitor whale activity closely.
Dogecoin (DOGE) Set To Trigger Price Growth In 2025
Dogecoin was launched in 2013 and is currently happily surprising early buyers. Dogecoin has soared 429% in the past year despite its price fluctuations and most analysts are curious about whether it will reach $1.
Prominent crypto analyst, Daan Crypto Trades, noted that Dogecoin alone boosted his portfolio this week, highlighting the growing excitement surrounding the meme coin. Meanwhile, respected analyst, JeremyyBTC, suggests that $1 is a real possibility in this current rally. Known for his accurate calls and followed by over 180,000 on X, his insights are generating increased interest across the market.
Dogecoin’s momentum might have a ripple effect on other meme coins and generate big gains into 2025 if Dogecoin maintains its bullish course. In this particular climate, the brand new Lunex Network might offer an excellent entry point for investors looking to ride the next big thing in the crypto sector.
Lunex Network (LNEX) Provides Traders With A Comprehensive Trading Platform
Lunex Network (LNEX) operates as a non-custodial exchange, supporting trades between over 50,000 assets. Unlike many decentralized exchanges, Lunex Network facilitates near-instant transfers on major blockchains like Bitcoin, Ethereum, and Solana. Users complete transactions smoothly without sharing sensitive data or using third-party wallets. They simply choose a crypto pair, input the address, and confirm, ensuring quick trades with minimal fees.
In addition, Lunex Network offers passive income opportunities for $LNEX token holders. Each week, the platform reinvests part of its earnings to buy $LNEX on the open market, redistributing these tokens as staking rewards that offer up to 18% APY. For businesses, Lunex Network provides a B2B payment gateway API, enabling companies to accept crypto payments and automatically convert them to fiat at the best available rate without needing technical expertise.
The platform’s mobile app offers seamless trading across thousands of assets with low fees. Lunex Network also simplifies portfolio management by consolidating multiple assets, including stocks and ETFs, in one location. Traders gain access to analytical tools to track asset performance and market trends, helping them optimize returns.
Given these advantages, analysts predict Lunex Network could surge over 1,800% in Q4, with its current price at $0.0021.
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.