The meme coin industry has long been a lonely zone ruled by Shiba Inu and Dogecoin. Competition is increasing as Shiba Inu’s utility improves with projects like Shibarium, while Dogecoin is gaining popularity thanks to Elon Musk. Yet the real action might be to move toward utility-focused tokens. Lunex networka rising star in the DeFi space, proves that innovation can eclipse hype, delivering advanced features and rewards that redefine multi-chain decentralized trading.
Can Recent Shiba Inu Wallet Activity Trigger a Reversal?
Shiba Inu fell 17% over the past fourteen days to a low of $0.00002516 on November 28. This is 20% below Shiba Inu’s monthly high of $0.000031 on November 12 and the token is trading within a small support range of $0.000024 to $0.000026.
Shiba Inu was challenged in November by Dogecoin and Solana-themed memes. Despite this, recent activity shows potential signs of a rebound. Over the past two weeks, 4,980 previously empty wallets acquired Shiba Inu, taking advantage of the drop to buy at lower prices.
Historically, such portfolio reactivation during a downtrend often signals an upcoming bullish reversal. New capital inflows not only increase liquidity, but also help counteract selling pressure, potentially paving the way for a Shiba Inu rally in the near term.
Can Dogecoin reach $1?
Dogecoin is trading at $0.39, lower than its monthly high of $0.46 in November as the broader market enters a correction phase. Regardless of this drop, optimism is high and many are betting on Dogecoin breaking the $1 barrier during the next bull run.
Notably, Tesla CEO Elon Musk continues to champion the Dogecoin buzz, which could further fuel market momentum. Additionally, Valour, a subsidiary of DeFi Technologies, recently launched the Valor Dogecoin (DOGE) ETP on the Swedish Spotlight stock market. This exchange-traded product allows institutional and retail investors to indirectly own Dogecoin, thereby increasing the value of the meme coin.
Dogecoin experts on Finder’s panel predict it will be worth $0.98 by 2030, providing an estimated 150% ROI for buyers at its current price.
Lunex Network: a transparent, private and profitable trading platform
Lunex Network is a non-custodial exchange that supports token swaps across multiple networks. Unlike centralized exchanges, Lunex Network eliminates traditional trading barriers and also allows users to trade cryptocurrencies anonymously. With no KYC requirements or access to private keys, traders can maintain complete anonymity while enjoying fast transactions and low fees.
This user-focused approach significantly lowers the barriers to entry for newcomers and privacy-conscious investors, making Lunex Network an attractive option for crypto enthusiasts. For those looking for enhanced features, Lunex Pro offers a premium trading experience. Subscribers have access to benefits such as cashback on transactions and AML checks of wallet addresses, combining convenience and security. This makes the platform versatile, catering to both anonymous users and those requiring additional functionality.
The platform’s native token, $LNEX, plays a central role in its ecosystem. Token holders can stake $LNEX for rewards, with returns increasing depending on the lockup period. This staking model encourages long-term participation while improving the liquidity of the platform.
Currently in pre-sale, Lunex Network has raised over $3.6 million in funding. The $LNEX token has already seen significant growth, increasing by 158% at $0.0033. With a focus on cross-chain interoperability, privacy and profitability, Lunex Network is poised to attract a wide range of traders and investors, delivering a next-level trading experience for the era Challenge.
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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