Analysts Back Cardano/Bitcoin Integration To See ADA Outperform SHIB This Cycle, But The Real Gains Will Be Made With LNEX

Analysts are backing Cardano's integration with Bitcoin, expecting ADA to outperform Shiba Inu (SHIB) this cycle. While Cardano shows promise, Lunex Network (LNEX) is drawing more attention with its decentralized platform.

Analysts are optimistic about Cardano's integration with Bitcoin, predicting that ADA will outshine Shiba Inu (SHIB) this cycle. While Cardano's prospects are promising, Lunex Network (LNEX) is attracting more attention with its decentralized platform. Lunex Network has already raised over $1.6 million in its ICO, and further growth is anticipated before the presale concludes.

After Bitcoin's drop below $70,000 following a U.S. stock market crash, Cardano's price recently dipped to $0.3415, showing a 4.1% decrease. Despite this, Cardano's partnership with BitcoinOS (BOS) is a key move. By integrating Bitcoin's liquidity, Cardano becomes the first Layer-1 chain to use BOS for smart contract development, strengthening its presence in DeFi.

However, Cardano's overall performance remains lackluster. While Bitcoin gained 8% this week, ADA rose by only 3% and has dropped 40% year-to-date, compared to BTC's 71% gain. Despite Cardano's promising DeFi innovations, its price struggles remain a concern, driving investors towards Lunex Network for greater returns.

Shiba Inu's dip of over 6% to $0.00001733 comes with a 41% surge in its trading volume, reaching $492.44 million. Futures Open Interest for Shiba Inu also dropped by 12% to $46.76 million, from a 24-hour high at $0.00001913. At the same time, Shiba Inu's burn rate skyrocketed by 252,910%, burning 5.61 billion tokens in the last day. This massive burn has raised hopes among Shiba Inu's investors for a potential price rally.

In October, 6.13 billion Shiba Inu tokens were burned, showing a 157.90% monthly increase. Despite Shiba Inu's latest price dip, analysts are anticipating a rally to $0.000081, ahead of a broader crypto industry rebound in Q4, fueled by events like the U.S. Presidential election.

Lunex Network (LNEX) is a scalable, low-cost, and privacy-focused multi-chain decentralized finance (DeFi) solution provider. By connecting over 50,000 currency pairs through an Automated Market Maker model, Lunex Network offers vast trading potential to its users.

Privacy is paramount for Lunex Network, as the platform eliminates KYC checks and does not require any personal information during registration. The network also refrains from linking third-party wallets like MetaMask or Trust Wallet, reducing potential security risks and providing traders with an extra layer of protection.

Lunex Network's deflationary token model further enhances its appeal. Regular token buybacks reduce the circulating supply, fostering scarcity and stabilizing prices. Coupled with staking rewards of up to 18% APY, the platform encourages long-term holding, making it a top choice for DeFi enthusiasts.

Currently, in its presale phase, $LNEX tokens are priced at $0.0019, presenting an early entry opportunity for investors. With over 1.15 billion tokens sold and more than $1.6 million raised, interest in Lunex Network is growing rapidly. Investors seeking a forward-thinking DeFi project may find Lunex Network an exciting option before its potential value surges.

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

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