Speculation abounds in the cryptocurrency sector about price hikes for major coins. Some investors want to know if Cardano could achieve $5 in case Bitcoin achieves its $300,000 objective. Shiba Inu could also put together a major rally in 2025. Meanwhile, Lunex Network has raised $1.5 million in its ICO, indicating high investor appetite for its disruptive project in the DeFi space. This particular convergence of trends raises exciting questions regarding the potential future of these cryptocurrencies.
Cardano (ADA) Partners With BitcoinOS (BOS)
Cardano has hit a milestone that has stirred speculations in the cryptocurrency sector. Cardano partnered with BitcoinOS (BOS), a smart contract OS for Bitcoin. This will unite Cardano and Bitcoin and provide Cardano trillions of dollars of liquidity. Additionally, it will make Bitcoin user-friendly & programmable.
This partnership has rekindled the optimism of Cardano investors and traders. Technical indicators support this positive sentiment. The bulls are testing a crucial support, from a bullish formation and this might be a sign of reversal for Cardano.
Shiba Inu (SHIB) Showing Bullish Signals
For Shiba Inu (SHIB), the possibility of a bull run seems likely as SHIB is positioning out of its range-bound movement. This optimism is further supported by the recent trend where Shiba Inu climbed to new heights while being actively sought after by investors. Expert technical analysis has Shiba Inu turning bullish after pulling out from a deep descending trendline — a pattern it has done since March 2024.
With overall market sentiment remaining bullish (thanks to Bitcoin’s notable rally), Shiba Inu could see a price increase in the coming days. If Shiba Inu marks a daily increase above $0.000021, it may rocket 50% to $0.000029. Shiba Inu is over the 200-day EMA and is also rising in value. Still, the bullish outlook will hinge on an increase above the $0.000021 threshold. Otherwise, the rally might fail.
Lunex Network (LNEX) Tipped To Transform Crypto Trading
Lunex Network is a hybrid crypto exchange that strives to resolve the issues of crypto traders today. Traders struggle with limited trading pairs, low liquidity, security issues, and many more. No crypto exchange has been able to meet all their needs. Lunex Network changes this by offering over 50,000 trading pairs in cross-chain trading with a zero-fee structure. Lunex Network’s innovative liquidity model ensures that liquidity is never an issue, and its use of non-custodial wallets provides exceptional security.
Lunex Network simplifies decentralized finance, making the platform suitable for new and advanced traders. The platform also operates a revenue-sharing model whereby some revenue is shared with token holders. It also provides tools such as a Portfolio Tracker for investment management and does not require extensive KYC verifications to trade anonymously.
Now in its fifth stage of presale, Lunex Network is offering the $LNEX token at $0.0019. This presale presents a short-term opportunity for investors while the platform’s robust utilities and deflationary mechanisms point to long-term growth.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://coinpedia.org/press-release/lunex-network-raises-1-5million-in-ico/