Shiba Inu has been on an upward trend since Trump’s victory, but the token is now showing signs of slowing down. Meanwhile, investors are turning their attention to Lunex Network’s viral presale, which is already poised to generate a 1,800% return ahead of the token’s official launch.
Is Shiba Inu (SHIB) about to experience a downfall?
Shiba Inu and other meme coins exploded after Trump’s victory in the US presidential election, but analysts believe SHIB’s ongoing rally is about to end. Since the second half of November will be a correction phase for the crypto market, the Shiba Inu price could see significant declines in the coming weeks.
Shiba Inu is currently trading at $0.00002556 after a slight intraday increase of 0.80%. Shiba Inu volume also increased by 15.33% in the past 24 hours, which could suggest some selling activity among short position holders. Since the Shiba Inu Momentum indicator already suggests bearish dominance, analysts expect Shiba Inu price to collapse towards the $0.00002206 support soon. If selling pressure increases further, Shiba Inu price could bottom at the critical level of $0.00001997.
Lunex Network (LNEX) non-custodial platform takes the crown in this bull cycle
Lunex Network creates a league of its own by launching a non-custodial crypto exchange platform. Instead of targeting a specific crypto sector like meme coins or GameFi, Lunex Network’s unique strategy is to revolutionize the entire DEX and CEX market that generates up to $275 trillion every 24 hours.
Bringing the latest smart contract technology to crypto trading, Lunex Network launches the first non-custodial DeFi exchange to the market. This means traders no longer need to rely on unsafe third-party wallets like MetaMask and TrustWallet to trade tokens across different blockchains.
On Lunex Network, traders can register without any KYC verification, select one of over 50,000 compatible cryptocurrencies and enter the recipient’s wallet address to receive their new tokens within the next few minutes. By making the entire trading process much simpler than before, Lunex Network is poised to dominate the entire DeFi space by 2025.
To make things even better, Lunex Network also offers a VIP plan for investors who want specialized tools and exclusive bonuses. By becoming long-term liquidity providers in the Lunex Network ecosystem, traders can receive cashback rewards on every trade as well as exclusive features such as liquidity mining and node rentals.
Even with this impressive set of features, Lunex Network’s native LNEX token is still selling at a low price of just $0.0021 during its presale. As Presale Tokens Run Out, Analysts Predict Massive Surge 1800% increase of the price of Lunex Network before the end of its pre-sale stages.
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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