As Whales Accumulate SHIB and Lunex Network, LNEX Tagged The Next SUI

In a visibly bullish crypto market, whales are gradually starting to buy the best altcoins expected to surge soon. The top altcoins they have been accumulating include Shiba Inu (SHIB) and Lunex Network (LNEX).

Given its rapid growth rate, analysts suggest that Lunex Network (LNEX) could replicate the success of Sui (SUI). Lunex Network is currently in the third level of its presale and we are almost at $1 Million funding. Some of the experts are suggesting that there may be a 500% increase before the year ends.

Shiba Inu (SHIB) Bulls Accumulates 2.95T in One Day

IntoTheBlock data show that Shiba Inu (SHIB) bulls just bought 2.95 trillion SHIB tokens in one day. Such high buy volumes indicate an increase in market activity, a move that could help spark a bullish trend.

– Advertisement –

The value of the Shiba Inu coin has increased by 8% on the weekly timeframe and 41% on the 30-days CoinMarketCap chart. Presently, Shiba Inu crypto is consolidating between $0.000012 and $0.000022 on the monthly chart.

TradingView data shows that the 14-day RSI of Shiba Inu (SHIB) indicates that this particular upward trend might last for a few weeks. But SHIB bulls must defend the $0.00001719 support level.

A breakout below this level could easily turn the tables and make the market bearish. On the flip side, the next barriers for the Shiba Inu token are $0.00002077, $0.00002299, and $0.00002657.

Sui (SUI) Price Rises as it Sets New Record

Over the past month, the value of Sui (SUI) has risen by 75%, outshining most top altcoins in the market. The token’s 14-day RSI has also been increasing and has crossed the 50 mark. Such a move shows bulls are pushing for higher levels, according to CoinMarketCap.

The Sui coin has increased by over 75% over the last 30 days. Interestingly, the Sui Network has hit another milestone. It has surpassed 6 billion transactions, a sign that activity is rising, and investors are very bullish about the value of the cryptocurrency.

CryptoBheem predicts the Sui price could pump to $2.6 in the coming weeks. 0xWara forecasts the value of Sui (SUI) might reach $50 by 2026.

Lunex Network (LNEX) Trends Among Investors

Lunex Network ($LNEX) has been trending among traders and developers in the crypto space because of its unique features. The project has raised over $980k from investors betting on Lunex Network to transform the $36.5 Billion crypto trading platform market.

The platform allows users to swap more than 50,000 assets across different blockchains. One advantage of trading on Lunex Network is that the platform’s gas fees are among the lowest in the industry. These low fees are important when working in conditions of high volatility.

Through fast and cheap trades, traders can exploit market situations without high costs that could affect their gains. In addition to its ability to trade, the $LNEX token has a special utility. Holders can stake it to receive up to 18% APY.

They are also eligible to receive some of the profits created by the platform. This benefits long-term holders, income-focused traders, and overall platform growth. Those who want to be part of the platform can get the LNEX coin at $0.0015 now.

As Shiba Inu (SHIB) and Lunex Network receive more whale attention, LNEX is set for a massive price surge. Analysts have forecasted that LNEX could skyrocket by 500% in the coming weeks, which is why investors are stacking the DeFi cryptocurrency.