The cryptocurrency market is undergoing interesting changes: Shiba Inu has significantly increased its burn rate, Dogecoin has breached a critical support, and Lunex Network is nearing success in presale.
Shiba Inu Burn Rate Increases
Shiba Inu token is undergoing a massive burn strategy to increase its price. Nearly 281.9 million Shiba Inu tokens were burned in the last 24 hours. Currently, the token is trading at $0.00001882 with an intra-day increase of 3.94%.
Dogecoin Breaches Key Support
Dogecoin recently breached the critical support level of $0.11, indicating possible buy signals. The current price of Dogecoin is $0.1263 after a 10.48% increase over the last 24 hours. The price is expected to continue rising and may reach resistance at $0.1345.
Lunex Network Poised for Launch
Lunex Network is drawing attention from investors with its presale of the LNEX token. The platform offers cross-chain trading and has the potential to disrupt the DEX and CEX markets. LNEX is being sold at $0.0015, attracting both retail investors and Web3 developers.
The cryptocurrency market continues to amaze with its volatility and prospects for different tokens. These events underscore the rapidly changing landscape of digital assets.