Robinhood Crypto announced that Shiba Inu transfers will be available on the platform. The addition of SHIB transfers will enhance the platform’s utility for traders by allowing users to deposit and withdraw the tokens. This comes at a time when Shiba Inu’s price continues to enjoy a weekly surge of over 56%.
Pepe Coin is also recovering from its early November slump, attributed to the just-concluded US election and a surge in whale activity. However, a new presale gem, Lunex Network, continues to stand out owing to its unique features, leading to a 75% surge.
Lunex Network Price Surges to $0.0021
Lunex Network is a modern DeFi protocol that focuses on trading efficiency, user privacy, and cross-chain compatibility. Unlike the traditional DEX platform, Lunex will solve actual problems inherent in the DeFi space, including liquidity and price optimization.
Supporting over 50K multi-chain currency pairs, Lunex Network offers unmatched market access powered by an automated market maker (AMM protocol). Moreover, the non-custodial Lunex wallet supports over 40 blockchains, allowing users to stake, swap, and manage their cryptos easily.
These unique features have led to a significant surge in the price of LNEX, the Lunex Network native utility token is priced at $0.0021, which reflects a 75% surge from its starting price of $0.0012. Moreover, its presale has also raised over $2.1M, indicating that the project attracts many investors.
Shiba Inu Price Hits Five-Month High: Is The $0.00003545 Target Nearby?
Shiba Inu continues to experience a notable monthly surge of over 54% to trade within the $0.000024 and $0.000026 mark following lead developer Shytoshi Kusama’s proposal to create a strategic crypto hub in the US on Sunday. This move, backed by the recent Robinhood listing and Bitcoin price performance, has contributed to the impressive Shiba Inu price movement, which hit a five-month high of $0.0000278.
Shiba Inu’s bullish momentum is also set to continue following the formation of a cup and handle pattern. As of November 8, Shiba Inu’s price movement was in the pattern’s handle formation stage, waiting for a breakout above the common neckline resistance at around $0.00002032.
A confirmed breakout might see Shiba Inu surge towards its cup and handle’s target of around $0.00003545 by the end of Q4. This target lies within the March 2024 resistance level, including a yearly high of around $0.00004567. Technical indicators for the SHIB token support a bullish momentum, with the RSI at 74. The 100 and 200 SMAs are also below the Shiba Inu price, suggesting a continuous bullish trend while acting as support in case of a dip in the price of SHIB.
Pepe Price Eyes A Breakout Amidst Whales Accumulation
The PEPE token has already recorded a weekly surge of over 63%, with historical data highlighting impressive performance throughout its life cycle. It hit an ATH of $0.00001718 in May 2024. After a minor correction, the price of Pepe started to surge on election day, with the post-election momentum and recent whale activity pushing its price around the $0.000009 and $0.00001 region.
This combination of fundamental and technical indicators suggests that the PEPE token could be on the cusp of a substantial uptrend movement, making it a focal point within the current crypto market. Pepe’s price movement within the symmetrical triangle pattern has drawn interest. As the token consolidates within this formation, crypto analyst World of Charts highlights that a move above Pepe’s upper resistance line might propel it to new highs.
The RSI for Pepe is at 72, placing the token in bullish territory before encountering selling pressure. The MACD is also bullish, diverging above the signal line, which signals positive momentum and increasing buying pressure. Moreover, Pepe has also broken past its crucial resistance level around $0.00001092, which could pave the way for higher gains, including the $0.00001350 mark.
Lunex Network Delivers 75% ROI for Early Investors
With Shiba Inu and Pepe’s impressive price performance, Lunex Network is also becoming a top presale project offering over 75% ROI to early investors. This significant price surge is attributed to the project’s unique features and revenue-sharing model.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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