Cardano (ADA) Investors Are Down in 2024, But Lunex Network (LNEX) Prepares for Demand-Induced Price Surge

Cardano hasn't recorded any significant price action over the last few days. According to Cardano's realized profits/loss indicator, a majority of Cardano holders are currently in loss. As a result, Cardano isn't experiencing any selling or buying pressure.

Cardano (ADA) is currently trading without any buying pressure as a majority of ADA holders are in loss. Meanwhile, Shiba Inu (SHIB) has crossed the $11 billion market cap after a huge price rally. But analysts are more interested in Lunex Network’s (LNEX) viral presale that is nearing the 1M USDT mark.

Cardano Investors Are Down in 2024 as ADA Price Drops to $0.35

Cardano hasn’t recorded any significant price action over the last few days. According to Cardano’s realized profits/loss indicator, a majority of Cardano holders are currently in loss. As a result, Cardano isn’t experiencing any selling or buying pressure.

This lack of buying activity is evident from Cardano’s volume which has decreased by 20% over the last 24 hours. However, this could also be because Cardano is trading below all of its Simple Moving Averages on the daily chart. As a result, Cardano’s price is likely to drop to the $0.313 support soon.

Shiba Inu’s Big Ecosystem Upgrade Triggers Massive Price Rally

Shiba Inu has recently hinted at governance milestones which could put power into the hands of real Shiba Inu holders. According to a Shiba Inu team member, Shiba Inu’s DAO and Foundation upgrade will be launched in the next few months. Shiba’s Inu’s price action turned bullish immediately after this big announcement.

After a minor 4.01% intra-day price increase, Shiba Inu is currently trading at $0.00001882. Since Shiba Inu’s market cap has crossed the $11 billion mark, analysts believe the current Shiba Inu rally will continue in Q4. If these optimistic predictions are proven true, Shiba Inu’s price could target the nearest resistance at $0.00002206 soon.

Lunex Network (LNEX) Prepares for Demand-Induced Price Surge

Lunex Network’s presale has been on an explosive trend ever since its launch. Since Lunex Network has already raised nearly 1 million USDT in record time, analysts are tipping at massive 1800% returns by the end of the token’s presale.

This bullish growth is driven by Lunex Network’s unique DeFi exchange that allows traders to exchange tokens across 40,000 different blockchain networks. Even with this cross-chain interoperability, Lunex Network still offers low transaction fees as the platform uses smart contracts to source liquidity from multiple sources.

To make things even better, Lunex Network has a no KYC policy that allows traders to sign up without providing any private information. All they need to do is select any of the 60,000 compatible crypto pairs and enter a recipient wallet address to receive their new tokens within minutes. The best part about using Lunex Network’s exchange is the top-tier security which includes slippage-free and Ethereum-backed transactions.

If that wasn’t enough, then traders can also use Lunex Network’s non-custodial wallet to store, stake, buy, or trade tokens directly from the mobile or desktop app. With Lunex Network’s portfolio trackers, traders can analyze their trading performance for all their digital assets such as ETFs, bonds, and stocks to make more informed and efficient decisions in an instant.

Since Lunex Network’s presale stage 3 is already more than 50% sold out, analysts are tipping at a huge price surge within the next few days. For now, Lunex Network’s native LNEX token is selling exclusively on the website for a low price of only $0.0015.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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