#ThanksgivingBTCMoves Lunex Network has all the signs of an industry disruptor. To start with, the project allows for easy swapping across multiple blockchains at the cheapest rates possible. This has led to Lunex Network’s impressive presale performance, raising over $3.1M in presale revenue.
The Lunex Network’s non-custodial operation ensures users fully control their crypto assets. The project places special emphasis on security, a reason why it has the rubber stamp of an established smart contract auditor known as SolidProof.
Lunex Network is, therefore, a sturdy platform that aims to simplify crypto swaps. This has made its presale catch the attention of most investors across the globe, with the LNEX token recording over 158% from its initial starting price of just $0.0012
SHIB Price Lacks Aggressive Upward Movements
Shiba Inu has witnessed a lack of momentum in the current market rally, sparking speculation about the token’s prospects. $SHIB
price has been hovering between the $0.000024 and $0.000027 range. Despite several breakout attempts, the token has failed to replicate parabolic rallies that other tokens have observed. Notably, the price of Shiba Inu has found support around the $0.000022 and $0.000023 marks.
However, SHIB bears are striving to take control of the market as resistance close to $0.000028 has limited the upward movement. Roughly 62% of SHIB holders are in profit, whereas 37% are either in losses or breaking even. This margin suggests a sizeable amount of investors are trading near the break-even point, reducing speculative activity.
Approximately six trillion SHIB in large transactions. This is significantly lower than its seven-day peak of about 15 trillion. This suggests declining whale activity, which can be interpreted as low volatility. The lack of new catalysts and Shiba Inu’s reliance on retail traders could explain its relative stability.