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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Shiba Inu Vs Dogecoin Which Crypto Will Hit $1 First? According to ChatGPT

Bitcoinist
by Bitcoinist
Last Updated: November 25, 2024 7:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu’s market cap has surpassed the $16 billion milestone during the ongoing rally but it is still no comparison for Dogecoin’s explosive uptrend. Meanwhile, savvy traders are switching to Lunex Network’s viral presale ahead of Q4’s altseason as this new exchange based token is poised for 1800% returns.

Shiba Inu (SHIB) Expected to Follow Dogecoin’s Upward Trajectory

Shiba Inu is flashing signs of a massive rally in the next few days as the token is mirroring Dogecoin’s performance. Since Shiba Inu is the second biggest meme coin after Dogecoin, analysts expect Shiba Inu’s price to surge 85% higher than its current level. As Shiba Inu has already formed a golden cross with its 50-day and 200-day Simple Moving Averages, investors are eager about an upcoming breakout. 

Shiba Inu is currently trading for $0.00002738 after an intraday surge worth 10.57%. Shiba Inu is also experiencing very high buying pressure as the token’s volume has increased by 105.40% over the last 24 hours. As Shiba Inu’s RSI is still far from the overbought level, market experts are projecting massive gains for SHIB holders before the end of Q4. 

Dogecoin Forms Rare High Tight Pattern on DOGE/USDT Daily Chart

Dogecoin has been on an explosive uptrend over the last 30 days ever since Trump indirectly endorsed the token with his new Department of Government Efficiency. Although Dogecoin faced a minor correction recently, analysts are now pointing at Dogecoin forming a very rare high tight pattern on the daily candlestick timeframe. Since this pattern precedes extremely explosive price movements, analysts expect Dogecoin’s ongoing rally to continue to hit as high as $20!

Dogecoin is currently trading for $0.4602 after an intraday increase of 14.37%. Dogecoin is also experiencing significant buying pressure as the token’s volume has surged by 76.30% over the last 24 hours. Since Dogecoin’s daily chart isn’t showing any signs of slowing down, analysts are optimistic about Dogecoin reaching $1 before the end of Q4. 

Lunex Network (LNEX) Poised to Outshine Meme Coins in Q4’s Bull Market

Lunex Network is expected to capture all the meme coin hype during Q4’s altseason with its new noncustodial DeFi exchange. As Lunex Network gets closer to raising $3 million in its viral presale, analysts are positive about this token setting bigger records before the end of Q4. If Lunex Network’s demand keeps trending upwards, the platform’s native LNEX token could deliver up to 1800% ROI to early investors even before its official launch on the open market. 

All these bullish predictions are fueled by Lunex Network’s unique strategy to combine isolated blockchains on a single noncustodial network. By offering seamless cross chain trading features, Lunex Network is already outshining existing DEXs and CEXs with its low cost and lightning-fast transactions. Since Lunex Network’s interconnected ecosystem is powered by Web3 technology like smart contracts, the platform can effectively split trades on different networks and source the lowest possible transaction cost for traders. If that wasn’t enough, then Lunex Network’s smart contracts also deliver complete transparency and security to traders who can easily keep track of their trades using the platform’s mobile app. 

To make trading simpler, Lunex Network also gives investors access to a portfolio tracker and DeFi wallet where traders can store their tokens, NFTs, stocks and bonds. Since Lunex Network allows traders to store all their digital assets and track their performance in a single app, analysts believe Lunex Network is already setting a new standard of trading in the crypto market. 

With these features, it is no surprise that Lunex Network is outshining meme coins like PEPE and SHIB with its unmatched utility. Since Lunex Network’s native LNEX token is still in presale, it is selling for a low price of just $0.0031 per token. With analysts already hinting at a new all-time high price for LNEX before the end of November, now is the ideal time to invest in Lunex Network before the price hits a new record. 

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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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