Investors are eagerly waiting for the memecoin space to move forward, as various sources report that Bonk (BONK) may soon join Robinhood. This listing could push Bonk to new heights. On the other hand, Shiba Inu (SHIB) is poised for a possible 50% upside thanks to technical analysis and whale stocks.
Among these trends, Lunex Network (LNEX) became the highlight of the show, with expectations of a 1800% increase. Lunex Network has already earned its reputation by providing unique DeFi solutions.
Shiba Inu (SHIB) eyes potential gains
A cryptocurrency analyst known as Satoshi Siren has note that the Shiba Inu Cryptocurrency is ready for a major escape. The token recently broke a descending trendline and is currently slightly below the crucial resistance at $0.000029.
An extended breakout above this level could send the price towards $0.000044, a 50% increase. Such a bullish outlook is reinforced by the formation of the inverted head and shoulders pattern and a successful test on the 200 days Exponential moving average.
Additionally, whale investor accumulation increased by 425%, proving that major market investors are bullish on Shiba Inu (SHIB), Satoshi Siren added. These are signs Shiba Inu Token could be on the verge of a massive rally, which means the token is worth following in the coming days.
In the meantime, the Shiba Inu Coin displays profits on the price chart. On the 7-day chart, it shows a gain of 5.4%. Within the 30 day period CoinMarketCapmemecoin is up 52.3%.
Potential listing of Bonk (BONK) on Robinhood could lead to a massive surge
Bonk (BONK) is one of best memecoins on the market right now. The coin has shown an overwhelming performance over the past month to overshadow Dogwifhat.
According to CoinMarketCapTHE bonk coin is currently the largest memecoin on the Solana network. Its value consolidates between $0.0000425 and $0.0000575 over a 7-day period.
On this 7 day level, the Bonk Price fell by 2.5%. Still, the cryptocurrency is bullish on the higher charts. Over a 14-day period, it made a profit of 85.8%. On the 30-day chart, we see a gain of 124.3%.
In the meantime, rumors of a potential listing on Robinhood on the memecoin space have sparked a positive feeling towards the Bonk ecosystem. Analysts have high expectations of Bonk crypto in the coming weeks.
Moon forecast the value of $BONK could recover to $0.00011555 in the long term. They also released a chart showing short-term targets of $0.00005440 and $0.00006940.
Why Lunex Network (LNEX) is a DeFi project to watch
Lunex Network (LNEX) is a relatively new entrant in the DeFi space. It allows traders to trade over fifty thousand coins across different chains at a relatively low price. This low cost, however, is an advantage, especially for large traders who trade frequently. Likewise, privacy is one of the most obvious advantages of the Lunex network.
Unlike most CEXs that require users to go through the verification process, Lunex Network does not require KYC. In addition, the platform is not a depository. It is important to note that users have full control over the private keys and assets of the ecosystem. This makes Lunex Network one of the best DeFi projects for security-conscious traders in the market today.
$LNEX is the native token of Lunex Network and it brings a lot of value to the Lunex Network ecosystem. However, $LNEX also has a number of advantages for its holders. Users can lock their tokens and receive up to 18% annual interest rate while participating in the platform.
Additionally, $LNEX is a key part of Lunex’s profit sharing plan, which allows users to earn a share of the project’s revenue. This dual utility contributes to improving the valuation of $LNEX. The above features make Lunex Network one of the best DeFi projects on the market. It is still in the pre-sale phase and has already attracted more than $3.1 million in funding; LNEX token is $0.0031.
In conclusion
Shiba Inu (SHIB) and Bonk (BONK) are the best memecoins to invest in NOW. Analysts believe their prices could reach new highs in the coming months. Meanwhile, Lunex Network continues to attract attention with its presale. Its value should increase by 1800% before the end of the Cryptocurrency ICO.
You can find more information about the Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social networks: https://linktr.ee/lunexnetwork
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