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Kriptoteka > Market > Gaming > SHIB vs LNEX: Shiba Inu Competes with Lunex Network in DeFi
Gaming

SHIB vs LNEX: Shiba Inu Competes with Lunex Network in DeFi

marcel.mihalic@gmail.com
Last updated: October 18, 2024 8:50 am
By marcel.mihalic@gmail.com 6 Min Read
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Immutable (IMX) is experiencing a cooldown phase following a recent impact on its momentum. Shiba Inu (SHIB) seems poised to spearhead a meme coin revival as market sentiment shifts in this highly unpredictable sector.

In the meantime, Lunex Network is smashing through milestones, nearing the $1 million mark in funds raised. Its cutting-edge cross-chain platform has captured the attention of investors eager to leverage emerging DeFi solutions.

Shiba Inu Is Gaining Traction

Shiba Inu (SHIB) is on a winning streak, with buying pressure escalating, driving the SHIB price upwards. Within just the last month, Shiba Inu has recorded an impressive 42% increase, currently trading at $0.0000188. The trading volume has also seen a significant 26% rise, with $632 million worth of Shiba Inu tokens exchanged in the last 24 hours.

The surge in Shiba Inu’s price can be linked to two primary reasons: large investors, also known as whales, continue to accumulate substantial amounts of SHIB, and Shibburn is operating at full throttle. Shiba Inu’s burn rate has skyrocketed by 14,575%, removing 279 SHIB from circulation. This buildup of deflationary energy, combined with strong buyer interest and generally positive market sentiment, could propel Shiba Inu to remarkable heights very soon.

Immutable Is Giving Mixed Signals, Will This Floor Hold?

Immutable (IMX) is an Ethereum-based layer 2 blockchain focused on web3 gaming and NFTs. Over the past year, Immutable has gained significant traction, showcasing remarkable resilience during the crypto market’s most challenging times. After months of a sideways trend, Immutable is now entering an upward channel, evident from the series of higher lows on its chart. Currently, Immutable is priced at $1.55, reflecting a 2.2% decrease within the day and a 24-hour trading volume of $54 million.

On the utility side, Immutable has made impressive advancements. At the TOKEN2049 crypto event in Singapore, Immutable highlighted how web3 gaming is on the verge of attaining mainstream status, reaffirming its dedication to leading the charge in the crypto gaming evolution. Immutable has established crucial partnerships with prominent firms like Ubisoft and MARBLEX, reasserting its commitment to quality projects and real-world blockchain integration.

Lunex Network Will Mint Millionaires in 2025

Lunex Network stands out as more than just another decentralized exchange. Its non-custodial, layer 1 platform integrates all significant blockchains, supporting over 50,000 assets. Investors can easily swap between Bitcoin, Solana, and Ethereum with minimal fees, avoiding the liquidity issues commonly associated with many DEXs.

This is achieved through liquidity sourced from various blockchains, and by utilizing smart contracts in place of Automated Market Makers (AMMs) to ensure seamless and transparent transactions.

Joining the platform doesn’t require users to compromise any personal information due to Lunex Network’s no-KYC policy, making the exchange experience both intuitive and frictionless. There’s no need for a vulnerable third-party wallet; users simply select their crypto pairs, enter the address, and confirm the swap. Your keys, your crypto.

In addition to its innovative exchange, Lunex Network caters to every type of investor. Institutional clients can access a state-of-the-art B2B payment bridge API, allowing them to accept cryptocurrencies that can be instantly converted into fiat.

Developers benefit from access to 65 RPC nodes for their web3 endeavors. They merely need an API key to start building and deploying decentralized applications without delay.

For those seeking to enhance their experience further, Lunex Pro offers a subscription-based premium service introducing advanced trading tools, cashback on every transaction, and the provision for AML wallet checks.

Moreover, Lunex Network enables dedicated holders to generate passive income through its revenue-sharing program. Periodically, Lunex Network will reinvest part of its revenue and redistribute it to users who stake the $LNEX token on the platform.

Currently, stage 3 of the presale is nearing sellout, with $LNEX priced at just $0.0015—this is an ideal entry point for buyers aiming to come out on top of the forthcoming DeFi wave. Analysts predict a 1,800% surge by the end of the presale, and once $LNEX launches on the market, a legendary 100x multiplier could be possible. Don’t miss your chance!

For additional information about Lunex Network (LNEX), click here:

Website: https://lunexnetwork.com 

Socials: https://linktr.ee/lunexnetwork

Blockzeit Disclaimer: This article is sponsored. Blockzeit does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the advertised project. Blockzeit is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.

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