Shiba Inu and Litecoin Investors Rush to This New Crypto Presale as FOMO Kicks In

Shiba Inu is consolidating on lower levels, and it appears ready for the next leg up. Meanwhile, Litecoin returned to its range as its most recent surge failed to break above a crucial resistance level.

Although both of these projects will most likely experience significant gains as the bull run ramps up, they could be outclassed by low-cap gems with bigger growth potential.

Lunex Network is already making waves in the DeFi space with its non-custodial cross-chain platform. Let’s dive deeper.

Shiba Inu’s Run Has Just Started

Shiba Inu now boasts 33.5% in monthly gains and the price of SHIB is currently settling around $0.000024. This surge has propelled Shiba Inu’s market cap to $14.5 billion which, in turn, started a fierce battle with Tron for the tenth place on the crypto rankings. The $0.000027 resistance represents a crucial level that Shiba Inu must reclaim as soon as possible to continue on its bullish trajectory.

Technical indicators suggest overall healthy price action, with Shibburn, Shiba Inu’s burn mechanism, firing on all cylinders. Over the last 24 hours the burn rate has increased by a whopping 1,837%, with over 463 million Shiba Inu tokens removed from circulation.

Litecoin’s Price Action Is Underwhelming

After months of ranging around $70, Litecoin (LTC) attempted a breakout and briefly tapped the $81 resistance mark. This is where many holders began taking profit, forcing a pullback which sent Litecoin back to $74. Currently, Litecoin is down by 3.4% for the day and volume has taken a 30% hit, with about $976 million worth of LTC traded on exchanges in the last 24 hours.

In other news, Litecoin has just announced a partnership with Cointud to bring Wrapped LTC to the Ethereum blockchain. This upgrade is set to expand Litecoin’s utility, allowing holders to leverage Ethereum’s DeFi functionalities, including staking and lending. This could be the push that Litecoin needs to finally kick things into gear and reawaken investor interest.

Lunex Network Could Revolutionize Cross-Chain Transactions

Lunex is a next-gen DeFi protocol that seeks to improve interoperability and scalability across disconnected blockchains. Lunex Network boasts a Web3 aggregated ecosystem which allows users to perform seamless transactions across all major blockchains, including Tron, Solana, and Ethereum. Via the use of state-of-the-art smart contracts instead of the increasingly obsolete Automated Market Makers (AMMs), Lunex Network ensures greater transparency and the best possible rates.

The platform offers an exclusive DeFi wallet which supports over 40 different blockchains, a portfolio tracker for efficient asset management with built-in data feeds, and the subscription service Lunex Pro. This is a premium feature that grants access to advanced tools for a next-level trading experience and other bonuses such as cashback and AML wallet checks.

Businesses will have the opportunity to use Lunex Network’s B2B payment gateway API. This interoperable bridge is specifically tailored to the needs of enterprises who want to offer a cryptocurrency option to their clients. This solution will allow them to receive crypto payments and automatically convert them into fiat.

Now, let’s talk about one of Lunex Network’s most intriguing features. On a weekly basis, the exchange will use a portion of its revenue to repurchase LNEX tokens from the open market. Part of these tokens will then be redistributed as recurring staking rewards, for up to 18% APY. This system encourages long-term holding and incentivizes user activity within the ecosystem.

So far, over $2.2 million has been raised in the ongoing presale of LNEX and tokens sell at only $0.0026. This is the perfect entry point for early adopters who want to capitalize on the DeFi revival spearheaded by Lunex Network. Taking action today could lead to amazing returns when the bull market is in full swing. Don’t get left behind!

You can find more information about Lunex (LNEX) Network 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