Shiba Inu Investors Eyeing New Exchange Coin for Potential 2,000% Returns

Lunex Network has appealed to many Shiba Inu token holders who see massive growth potential in it. Here is why

Diversifying your crypto wallet is a good way to earn a living in the cryptocurrency market. While meme coins are volatile, they are the most performing cryptos of the year. Popular analysts such as Mister Crypto have confirmed the meme coin market’s dominance. Going forward, the analyst advised holding a few meme coins in your portfolio.

While Shiba Inu is a good meme coin to invest in for long-term gains, Lunex Network is projected for 100x rallies in the coming months. The new market entrant has gained significant attention, with the stage one presale selling out within 72 hours. The Lunex Network non-custodial exchange has been the driving factor, and it is projected to outshine top DEXs like Uniswap in 2025. Read more below.

Lunex Network Emerges as a Threat to Uniswap in 2025

The dominance of DEX giants like Uniswap and PancakeSwap is under threat with the emergence of Lunex Network (LNEX). This new player in the billion dollar DeFi market offers an innovative non-custodial exchange that brings together different blockchains and allows for easy trading and swapping of digital assets. Investors can trade over 50,000 crypto pairs at the lowest fees compared to Uniswap.

Unlike other exchanges that face issues of security, all transactions in Lunex Network are processed through smart contracts instead of AMM. With the rigorous issues of KYC in CEX, Lunex Network doesn’t require KYC or linking of wallets such as Meta Mask. All an individual needs is to select a crypto and input the receiving address and initiate transactions.

Another exemplary feature of the Lunex Network is the Lunex Pro. This paid feature allows users to use more functions and apps for all cryptos. Users who register on this plan receive a cashback incentive on all transactions. Users can also choose from an array of cryptocurrencies, such as Bitcoin, Dogecoin, and Ethereum. Notably, there is a discount for holding the LNEX crypto.

The LNEX token can also be used as collateral for short-term loans. With these fantastic features, investors are leaving Shiba Inu with less utility for the robust Lunex Network presale. At the ongoing stage 2 presale, the LNEX token is sold for $0.0013. Experts believe this token could soar by 2,000% post-launch. Given its impressive features, it could rival popular DEX like Uniswap in 2025.

Expert Forecasts Successful Breakout for Shiba Inu

According to Shibburn stats, 18 million Shiba tokens have been burnt in the past seven days. This move is intended to raise the value of the Shiba Inu coin. However, this burn model has had little or no effect on the popular meme coin.

However, Jonathan Carter, a crypto analyst on X, remains bullish about the Shiba Inu crypto. The expert observed that the meme coin is in an accumulation phase around the $0.00001680 support zone. Having bounced from the 100-day MA, a continuous push by the bulls could trigger a breakout soon. If that happens, Jonathan projects Shiba Inu’s price to rise to $0.000029.

Meanwhile, the Shiba Inu Fear and Greed index is showing fear (39), signaling selling pressure. This implies a good number of investors are still not completely confident about it. Although Shiba Inu is currently trading above the 50-day SMA, the meme coin needs to surpass the $0.000018 support zone to stand a chance of reversal and rally. With the ongoing struggles, investors are moving to high-target coins like LNEX.

What are the Top Coins with High ROI Potential in 2024?

With the end of the year in sight, finding that perfect coin to invest in now is ideal. While Shiba Inu is a worthy meme coin that could surge, Lunex Network could offer an amazing 2,000% gains in the long run.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.