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. Lunex Network has already raised over $1.6 million in its ICO, with more growth expected before the presale ends.
Can Cardano’s Bold Move with BitcoinOS Spark a Comeback?
Cardano’s price recently dipped to $0.3415, down 4.1%, following Bitcoin’s drop below $70,000 after a U.S. stock market crash. Despite this, Cardano’s partnership with BitcoinOS (BOS) is seen as a key move. By integrating Bitcoin’s liquidity, Cardano becomes the first Layer-1 chain to use BOS for smart contract development, strengthening its position in DeFi.
However, Cardano’s overall performance remains weak. Whereas Bitcoin gained 8% this week, ADA gained 3% and has dropped 40% to date while BTC gained 71%. Although Cardano’s DeFi innovations are promising, its price struggles remain an issue as investors look to Lunex Network for larger returns.
Shiba Inu’s Burn Surge Reveals Optimism for Q4 Price Rally
Shiba Inu dipped over 6% to $0.00001733, while its trading volume climbed 41% to $492.44 million. Futures Open Interest for Shiba Inu additionally fell 12% to $46.76 million from a 24-hour high of $0.00001913. At the same time, Shiba Inu’s burn rate surged 252,910%, burning 5.61 billion tokens in the last day. This massive burn has raised Shiba Inu’s investors’ hopes for a potential price rally.
In October, 6.13 billion Shiba Inu tokens were burned, a 157.90% monthly increase. Despite Shiba Inu’s latest price dip, analysts expect a rally to $0.000081 ahead of a broader crypto industry rebound in Q4, fueled by events like the U.S. Presidential election.
Early Investors Flock to Lunex Network as Token Presale Soars
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 via an Automated Market Maker model, Lunex Network offers huge trading potential to users.
Privacy is a top priority for Lunex Network, as the platform eliminates KYC checks and doesn’t require personal information during registration. The network also avoids linking third-party wallets like MetaMask or Trust Wallet, reducing potential security risks and providing traders with an additional layer of protection.
Lunex Network’s deflationary token model further strengthens 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 incentivizes long-term holding, making it a top choice for DeFi enthusiasts.
Currently in its presale phase, $LNEX tokens are priced at $0.0019, offering investors an early entry opportunity. With over 1.15 billion tokens sold and more than $1.6 million raised, interest in Lunex Network is growing fast. 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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