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Shiba Inu Continues Decline While Lunex Network Attracts Attention

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2 hours ago


In Q4, Shiba Inu entered bearish territory, while Lunex Network garners attention with its successful presale.

Shiba Inu Falls into Bearish Territory

Shiba Inu rallied by 21.08% over the last 30 days due to activity in its Layer-2 network, Shibarium. However, this rally was short-lived, with trading volumes increasing by 60.03% over the last 24 hours, indicating a sell-off. Currently trading at $0.00001636, it remains above key moving averages. If the sell-off continues, the price might fall to the support level of $0.00001268.

Cardano Prepares for New Growth

Cardano entered the top 10 fastest-growing blockchain projects with analysts forecasting a resurgence in price momentum. While its token ADA is consolidating between $0.3345 and $0.3659, ongoing development and partnerships might boost its price this year.

Lunex Network: Presale Success

Lunex Network achieved impressive presale success, raising over $250,000 within 24 hours. Its cross-chain capabilities allow easy swaps across blockchains. Low fees and no KYC are attracting both retail and institutional investors. Presale is in stage 3 with analysts expecting a 1800% price increase.

Shiba Inu faces bearish market challenges, while Lunex Network continues to draw interest with its innovative DeFi approach.

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