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Cryptocurrency News Articles
Shiba Inu (SHIB) and Bonk (BONK) Are the Best Memecoins to Invest in Now
Nov 26, 2024 at 01:20 pm
Investors are eagerly waiting for the memecoin space to move forward, as various sources report that Bonk (BONK) might join Robinhood soon.
Investors are eagerly waiting for the memecoin space to move forward, as various sources report that Bonk (BONK) might join Robinhood soon. This listing could push Bonk to new highs. On the other hand, Shiba Inu (SHIB) is ready for a possible 50% upswing due to the technical analysis and whales’ actions.
Among such trends, Lunex Network (LNEX) has become the highlight of the show, with expectations of an 1800% increase. Lunex Network has already earned its reputation for providing unique DeFi solutions.
Shiba Inu (SHIB) Eyes Potential Gains
A cryptocurrency analyst known as Satoshi Siren has noted that the Shiba Inu crypto is set for a major breakout. The token has recently crossed a descending trendline and is currently ranging slightly below the crucial resistance at $0.000029.
An extended breakout above this level may point the price towards $0.000044, a 50% increase. Such a bullish outlook is boosted by the formation of the inverse head and shoulders pattern and a successful test on the 200-day Exponential Moving Average.
Also, the whale investors’ accumulation has risen by 425%, proving that major investors in the market are bullish about Shiba Inu (SHIB), Satoshi Siren added. These are signs the Shiba Inu token might be on the brink of a massive rally, meaning the token is worth tracking in the next few days.
In the meantime, the Shiba Inu coin is showing profits on the price chart. On the 7-day chart, it has a gain of 5.4%. On the 30-day timeframe on CoinMarketCap, the memecoin is up 52.3%.
Bonk (BONK) Potential Robinhood Listing Could Lead To Massive Surge
Bonk (BONK) is one of the top memecoins in the market right now. The coin has shown an overwhelming performance in the past month to outshine Dogwifhat.
According to CoinMarketCap, the Bonk coin is currently the largest memecoin on the Solana network. Its value is consolidating between $0.0000425 and $0.0000575 in the 7-day timeframe.
On this 7-day level, the Bonk price has dropped by 2.5%. Still, the cryptocurrency is bullish on the higher charts. In the 14-day timeframe, it has a profit of 85.8%. On the 30-day chart, there is a gain of 124.3%.
Meanwhile, rumors of a potential listing on Robinhood in the memecoin space have drawn positive sentiment to the Bonk ecosystem. Analysts expect much from the Bonk crypto in the coming weeks.
Moon forecasts the value of $BONK may rally to $0.00011555 in the long term. They also posted a chart that showed short-term targets of $0.00005440 and $0.00006940.
Why Lunex Network (LNEX) is a DeFi Project To Watch
Lunex Network (LNEX) is a comparatively new entrant in the DeFi space. It enables traders to exchange over fifty thousand coins across various chains at a relatively low fee.
This low cost is, however, an advantage, especially to the large traders who make frequent trades. Similarly, privacy is one of the most obvious benefits of Lunex Network.
Contrary to most of the CEXs that demand users to go through the process of verification, Lunex Network does not ask for KYC. Also, the platform is a non-custodial one. It is important to note that the users control private keys and assets in the ecosystem fully. 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 carries a lot of value to the Lunex Network ecosystem. However, $LNEX has a number of benefits for its holders as well.
Users can lock their tokens and receive up to 18% of the annual interest rate while participating in the platform. Also, $LNEX is key in Lunex’s profit-sharing plan, where people can earn a share of the project’s revenue. This dual utility helps to enhance the valuation of $LNEX.
The above features make Lunex Network to be among the best DeFi projects in the market. It is still in the presale stage and has already attracted more than $3.1 million in funding; the LNEX token is $0.0031.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Dogecoin (DOGE) and Pepe (PEPE) May Explode Soon, But This New ICO Project Could Give You 10x Returns
- Nov 26, 2024 at 05:20 pm
- An analyst called Trader Tardigrade believes the Dogecoin (DOGE) price may drop to $0.3 before surging to $3. Similarly, another expert opines that the Pepe (PEPE) token may surge to $0.000032 in the next couple of months.
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- Shiba Inu (SHIB) Evolves From Memecoin to Ecosystem Leader, Solana (SOL) Shows Resilience, and Yeti Ouro (YETIO) Emerges as the Next 100x Utility Memecoin
- Nov 26, 2024 at 04:31 pm
- Shiba Inu has evolved far beyond its meme origins to become an ecosystem with significant utility. Its flagship project, Shibarium, is a Layer 2 scaling solution designed to facilitate fast and cost-efficient transactions.
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- Cardano (ADA) Whales Transfer $50 Million into the Altcoin, PCHAIN, Anticipating a 29,043% ROI
- Nov 26, 2024 at 04:30 pm
- Recent Cardano (ADA) whale movements have sparked excitement across the crypto industry. Reports indicate that a group of influential Cardano whales has transferred $50 million into a promising altcoin, PCHAIN.
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- US Bitcoin ETFs Faced Massive Outflows on Monday Amid Bitcoin's Retreat Below $93,000
- Nov 26, 2024 at 04:26 pm
- The eleven spot Bitcoin ETFs collectively saw net outflows totaling $435 million, with only BlackRock's iShares Bitcoin Trust (IBIT) and Grayscale's Bitcoin Mini Trust (BTC) attracting inflows.
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- Top 5 Meme Coins to Buy in December 2024: The Ultimate Guide
- Nov 26, 2024 at 04:26 pm
- Meme coins have taken the crypto world by storm, proving they're more than just jokes on the blockchain. From Dogecoin's meteoric rise to the quirky newcomers redefining the scene, these coins have captured the imagination of investors everywhere. December 2024 is shaping up to be no exception, with a fresh batch of meme coins buzzing with potential.