Meme coins are set for a major comeback, with Bonk (BONK) and Shiba Inu (SHIB) leading the charge. In other news, a newcomer in the DeFi space could outperform them both and bring massive returns to early buyers, while analysts believe it could become the next 100x gem.
Lunex Network is about to obsolete centralized exchanges with its innovative cross-chain framework and intriguing revenue-share mechanism. Let’s dive deeper!
Bonk Is Teasing A Breakout
Bonk (BONK) is one of the hottest meme coins on the market right now. Over the last year, it has minted more than a few millionaires and surged by a staggering 11,500%. A glance at the chart shows that pressure is building up for the Bonk price to explode after a relatively sluggish August and September. At press time, the Bonk price is $0.0000231 with little to no intraday price movement.
Bonk’s trading volume, however, shows growing investor interest with a 107% increase and over $224 million worth of Bonk changing hands in the last 24 hours.
Shiba Inu Retesting Lower Levels After Rally
Shiba Inu (SHIB) also shows promise at $0.000018. Shiba Inu bulls briefly reclaimed the $0.000020 mark. However, their efforts were met by a barrage of sell-offs, forcing Shiba Inu to retrace. A string of higher lows shows that Shiba Inu is consistently gaining traction, and a rebound from this level could confirm a bullish thesis.
On the technical front, the Shiba Inu ecosystem is experiencing a surge in activity. Shibarium is seeing a 1,050% increase in transactions. Meanwhile, Shiba Inu’s burn mechanism, Shibburn, has recorded a significant spike in SHIB burns, with over 17 million tokens removed from circulation.
Lunex Network Is A Gamechanger
Lunex is a next-gen DeFi platform that greatly improves scalability and interoperability between isolated blockchains. Lunex leverages a Web3 aggregated ecosystem to allow seamless swaps across major blockchains such as Avalanche, Ethereum, and Bitcoin. This means that users will be able to trade between 50,000 different assets at the lowest possible price.
Lunex sets itself apart from the competition by catering to the specific needs of different types of users. The platform offers an exclusive DeFi wallet, a portfolio tracker for efficient asset management, and the subscription service Lunex Pro, which grants access to advanced tools for a next-level trading experience.
Institutional investors will have the opportunity to use Lunex Network’s B2B payment gateway API. This interoperable bridge is specifically tailored to the needs of businesses who want to integrate cryptocurrencies but lack the know-how. This solution will allow them to accept crypto payments that can be instantly converted into fiat at the best rate possible.
One of the most interesting aspects of Lunex is its revenue-sharing initiative. On a weekly basis, the exchange will reinvest a portion of its revenue to perform open-market buybacks of the $LNEX token. Part of these tokens will then be redistributed as recurring staking rewards, encouraging holders to engage with the platform on a deeper level and hold $LNEX long-term.
Stage 4 of the presale is underway, with $LNEX tokens priced at just $0.0017. This is the perfect entry point for early adopters who want to be on the winning side of the new DeFi revolution spearheaded by Lunex Network.
By the end of the presale, experts anticipate an 18x gain for early adopters, and once $LNEX is released on the markets, a further 100x rally is on the cards. Taking action today could lead to incredible gains when the bull market is in full swing. Don’t miss out!
You can find more information about the Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
