Lunex Network Gains Traction with Its DeFi Features and Promising 1,800% Upside as Toncoin and Shiba Inu Struggle

Toncoin (TON) and Shiba Inu (SHIB) both faced a rocky October, with struggles across the board. Shiba Inu remains volatile, dipping and rebounding

As October comes to a close, the crypto market has witnessed varying fortunes for Toncoin (TON) and Shiba Inu (SHIB). While both coins encountered struggles during the month, Lunex Network (LNEX) has charted a path of remarkable gains, thanks to its DeFi features and a promising 1,800% upside.

Toncoin struggles with technical issues

Toncoin has faced challenges in October, with the coin experiencing a downturn. This decline comes as Toncoin encountered technical difficulties, slowing down its progress. However, developers have remained active, releasing update v2024.10, which brought several enhancements to the Toncoin blockchain.

This update notably improved synchronization speed and garbage collection, benefiting systems with slower disk operations. It also reduced network traffic, optimized channel creation, and enhanced Distributed Hash Table (DHT) lookup processes, leading to better network responsiveness on Toncoin.

Moreover, the update addressed critical vulnerabilities with bug fixes in FunC, TON's smart contract programming language, and made modifications to the TON Virtual Machine (TVM) to boost overall network functionality. These improvements aim to strengthen Toncoin's infrastructure, enhance performance, and provide a more reliable environment for developers and users.

Shiba Inu burns skyrocket, metaverse launch

Shiba Inu, on the other hand, has had a more positive October, with the coin showing signs of recovery. This comes as Shiba Inu is preparing to launch its metaverse, putting the coin at the forefront of blockchain trends.

Meanwhile, the burn rate of Shiba Inu has also seen a massive increase, with over 5.6 billion tokens burned in one huge transaction in late October 2024. Such a significant supply cut could very well lift Shiba Inu's value, providing a promising signal for Shiba Inu holders.

Lunex Network offers traders interoperability, privacy

Lunex Network has been gaining popularity among investors thanks to its interoperability and smart contract technology. Traders on Lunex Network can effortlessly swap more than 50,000 assets for near-zero gas fees while enjoying swift transactions. This makes it the perfect environment for traders who want to maintain an agile stance.

At its core, the LNEX token offers unique value. This protocol is built to withstand market volatility and offers token holders 18% of platform profits in a revenue-sharing model. This model generates revenue from transaction fees and rewards loyal traders.

Unlike with traditional automated market makers (AMMs), Lunex Network processes trades exclusively via smart contracts. Such an approach makes all transactions transparent and immutable. There are no hidden fees and this process mitigates the risk of front-running or manipulation.

As a finishing touch, Lunex Network is currently holding its presale, with tokens available at $0.0019 in stage 5. With its broad utility, lucrative revenue-sharing model, and seamless interoperability, top analysts project an 1,800% increase in value by 2024. Such a rare, cycle-defining opportunity will not be missed by savvy investors.

To learn more about Lunex Network, visit the official website and socials:

Website: https://lunex.network/

Telegram: https://t.me/lunexnetwork

Discord: https://discord.gg/lunexnetwork

Twitter: https://twitter.com/lunexnetwork

Instagram: https://instagram.com/lunexnetwork

Youtube: https://www.youtube.com/channel/UCj0iq_n_90DgKk8RkQG_6Tg

Medium: https://lunexnetwork.medium.com/