The price of Shiba Inu (SHIB) is starting to lean towards a long consolidation state even after resuming a resurgence a few weeks ago. However, with the recent upgrades to its ShibaSwap DEX, the top meme coin might witness a 1,000% surge in the near future.
Beyond Shiba Inu’s positivity, savvy investors are also eyeing a new DeFi entrant with potential to surpass Floki’s Valhalla network in engagement gains. This new initiative, Lunex Network (LNEX) is already making impressive progress in its presale while receiving more attention as the next breakthrough DeFi token.
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Lunex Network Teases 50x Potential After Launch
Lunex Network (LNEX) is still a presale project however, the network is soon to launch as a DeFi solution to bottlenecks usually faced in exchange platforms. Lunex Network tackles these challenges by streamlining the process of swapping and transferring crypto assets across isolated chain networks. While optimizing cross-chain transaction efficiency, the DeFi platform ensures utmost anonymity while offering cheap transaction coast.
Beyond its trading perks, Lunex Network particularly stands out for its unique merchant payment gateway, which lets businesses easily accept crypto and instantly convert it to fiat and vice versa. It also has a Portfolio tracking system to help with management of digital assets. Showing extra effort to facilitate Web3 development, the platform provides over 65 RPC nodes for developmental needs.
In its ongoing presale, Lunex Network has been able to raise over $1.6 million in revenue after selling 1.1 billion tokens. Considering its rapid presale growth, combined with unique DeFi attributes like cashback rewards, a revenue share model, and extra token rewards, the native LNEX token is poised to 50x on the day of launch. However, it currently sells for $0.0019 in the fifth presale stage, offering a good entry point for early backers.
Shiba Inu Token Eyes 10x Surge With New DEX Upgrades
A 1,000% surge for Shiba Inu (SHIB) price is on the horizon but the deciding factor for this to happen soon is if ShibaSwap gains extra traction from its new upgrades. A few days ago, Shiba Inu upgraded its ShibaSwap DEX by integrating features that enhanced its accessibility and functionality, boosting the possibility of more engagement in the near future.
These features include more concentrated liquidity pools, seamless migration on the DEX network, and a better reward system where users earn incentives based on liquidity contribution. The new upgrade to Shiba Inu ecosystem also included a Smart Swap to pick the best swap prices and a Pair-Level Analytics, to get thorough info on the stats of ShibaSwap.
Currently, the price of Shiba Inu is holding strongly within a weekly range of $0.0000178 and $0.0000180, showing signs of breaking into a bullish formation in due time. Its recent spike in burn rate and its price being only 420% away from its ATH has added more positivity to its price.
Floki Token Gains Fresh Momentum Amidst New Update
Barely two days back, Floki (FLOKI), the seventh largest meme coin in the crypto market announced the launch date of Valhalla mainnet, the fully operational blockchain for its Web3 gameplay.
After announcing that it would launch on the 28th of November, Floki fans are optimistic as they expect fresh positivity for the native FLOKI token. However, FLOKI token is currently trading in its lowest levels after it fell from its last peak high in Q2.
Regardless, the engagement its network might receive due to the recent announcement of its Valhalla mainnet date may lead to an imminent price resurgence. In the meantime, FLOKI token is trading within a weekly price range of $0.0001454 and $0.000142, reflecting over 3% decline in the past seven days and nearly 2% in the past month.
Lunex Network vs. Floki vs. Shiba Inu: Which Has the Most Profit Potential?
Unlike Shiba Inu, Floki caters to a more diverse audience largely because of its ongoing ecosystem expansion. However, while the majority of its new features are still in the pipeline, it tends to fall behind Lunex Network in terms of profit potential.
Meanwhile, owing to its vast and extensive DeFi approach which caters to both crypto investors, business merchants and Web3 developers, Lunex Network holds a strong potential to deliver enormous profits, especially for early backers. More interestingly, interested participants can also join and benefit from a $500,000 worth of giveaway prize.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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