It’s safe to say that Shiba Inu (SHIB) has already transcended its meme coin status, becoming a legitimate project that boasts a vast ecosystem and is still capable of yielding massive returns.
Another newcomer, Lunex Network could soon replicate Shiba Inu’s legendary run as its viral presale has investors hurrying to get an allocation. With a 1,800% increase anticipated in the upcoming months and a 360-degree DeFi ecosystem, Lunex Network could soon surprise everyone. Let’s dive deeper.
Shiba Inu Is Surging In Q4
Over the last 24 hours, Shiba Inu (SHIB) recorded a notable 10.5% increase, which saw its price break out of its trading range and settle around $0.0000273. This surge has been accompanied by a 121% increase in daily volume with about $3.2 billion worth of SHIB traded on exchanges.
Shiba Inu’s main rival, Dogecoin is practically guaranteed to reach $1 as the cycle progresses, can Shiba Inu follow suit? The short answer is no. However, it’s not an absolute no. At its current price point, Shiba Inu will need a 30,000x multiplier to reach this target, which at $16 billion in market cap is not a realistic scenario.
However, it’s also not entirely impossible, as Shiba Inu has an ace up its sleeve: Shibburn. This is Shiba Inu’s burn mechanism that systematically reduces the circulating supply of SHIB. Millions of tokens are being burned every day, but this number needs to go in the billions, trillions even, for Shiba Inu to get close to the $1 mark. This being said, it will most likely take years before this happens.
The Lunex Network Moon Mission Starts Now
Lunex Network is redefining the DEX framework through its innovative cross-chain platform.. The protocol integrates all major blockchains into one place and allows for seamless transactions between 50,000+ assets.
To use this novel exchange, users don’t need to compromise sensitive data. No KYC is required to access all that Lunex Network has to offer, and no third-party wallet is needed either. Lunex Network will provide a branded, non-custodial wallet that supports over 40 different blockchains. To perform a transaction, users just need to select the pair, provide the address, and greenlight the swap.
Moreover, Lunex offers an exclusive unique portfolio tracker app that will let users effortlessly manage their wealth across different asset classes: crypto, stocks, bonds, ETFs, and many more.
Those who want to take their trading to the next level will have the opportunity to subscribe to Lunex Pro. This is a premium service that will grant access to advanced tools and features, including cashbacks and AML wallet checks.
Lunex Network also guarantees a passive income stream for the holders of the $LNEX token. A percentage of the platform’s profits will be allocated for open market buybacks of $LNEX. The tokens will then be redistributed as staking rewards for up to 18% APY.
Thousands of investors have joined the $LNEX presale and so far, over $3 million has been raised in funds. Today, $LNEX tokens are selling at just $0.0031. Half the total $LNEX supply will be sold throughout the presale, during which the token value is expected to soar by 18x. Post-launch, Lunex could see incredible rallies that could vastly outshine Shiba Inu’s current run. Don’t miss out!
You can find more information about Lunex (LNEX) Network here:
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