Shiba Inu and Dogecoin are raging with impressive rallies and reviving the meme coin industry. However, the spotlight is shifting toward Lunex Network, a new DeFi protocol achieving a significant presale milestone. The project’s advanced cross-chain capabilities and profitable staking rewards are attracting institutional and retail investors to Lunex Network. Lunex Network’s development trajectory indicates a turning point in the crypto market as Shiba Inu and Dogecoin use their momentum.
Shiba Inu Keeps Up Bullish Momentum
Shiba Inu has struggled with low hype for much of the year, but its market sentiment has recently improved in time for the bull run. A major development occurred when an unidentified whale withdrew over 80 billion SHIB tokens from Coinbase. This move signals strong bullish confidence among large investors in Shiba Inu.
Meanwhile, the Shiba Inu ecosystem is making remarkable progress after Shibarium reached a significant milestone. Shibarium, an Ethereum-based Layer-2 scaling system, has registered over 2 million wallet addresses. Data from Shibariumscan indicates the network hit 2,003,042 wallet addresses since it launched on August 16, 2023.
Beyond these metrics, Shibarium also sees growth tied to partnerships in the Shiba Inu ecosystem. Collaborations like Zama’s upcoming fhEVM Coprocessor have enhanced Shibarium’s appeal. These advancements continue to attract users and keep Shibarium a part of the Shiba Inu ecosystem.
Dogecoin’s Bullish Momentum Slows Down
Dogecoin (DOGE) has risen by 4.1% this week, reaching $0.43. Dogecoin recently posted a massive 165% monthly increase, reaffirming its status as the original meme coin favored by retail investors. After weeks of consolidation near $0.40, Dogecoin climbed 3.8% on the daily chart, reaching $0.45. If this resistance turns into support, Dogecoin could surpass $0.50 by year-end and potentially hit the long-awaited $1 milestone in early 2025.
Analyst and trader Eliz highlighted Dogecoin’s steady rise within an ascending channel, with consistent rebounds off the trendline. Recently, Elon Musk also bolstered sentiment among DOGE holders by reposting a viral meme he first shared in 2021 during a previous Dogecoin rally.
How Lunex Network Simplifies Crypto Transactions Without Compromising Security
Lunex Network (LNEX), a cutting-edge DeFi protocol, is poised to revolutionize the industry with its innovative framework. The platform connects isolated blockchains, enabling instant swaps across more than 50,000 assets. Transactions are conducted anonymously, eliminating the need for KYC or third-party wallets. Users simply input the desired ticker, provide the recipient address, and confirm the transaction. This process ensures a seamless, secure experience without compromising sensitive information.
Lunex Network offers a non-custodial wallet and a portfolio tracker with built-in analytic tools for better asset management. For those seeking advanced features, the Lunex Pro service provides refined trading tools, cashback bonuses, and AML wallet checks. Institutional clients also benefit from Lunex Network’s interoperable blockchain bridge, which acts as a B2B payment gateway. Businesses can accept crypto payments and have them instantly converted into fiat at minimal rates.
Lunex Network introduces a unique revenue-sharing model, distributing a portion of its weekly profits to $LNEX token holders with staking rewards of up to 18% APY. At a current price of $0.0038, $LNEX tokens are attracting significant attention. Analysts predict a 2000% surge by the presale’s end, making now the ideal time to invest. Don’t miss this opportunity!
Discover the Exciting Opportunities of the Lunex (LNEX) Presale Today!
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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