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Frustrated memecoin investors switch from Shiba Inu And Dogecoin to Lunex

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The memecoin markets lack of returns have left Shiba Inu and Dogecoin investors diversifying with new projects like Lunex.

Shiba Inu’s whale activity has recently surged, indicating bullish sentiment amongst large investors. Similarly, Dogecoin’s technical indicators are also painting a nice picture as the dog-based meme token triggers a recovery. 

Amidst this sentiment, savvy traders are rapidly switching to better-performing altcoins like Lunex Network’s new DeFi crypto exchange. Even before its launch, Lunex Network is projected to overtake Uniswap’s position as the leading decentralized exchange in the market. Analysts are already projecting 1500% gains for Lunex Network by the end of 2024. Let’s see why!

Shiba Inu is Deep in Bearish Territory

Shiba Inu (SHIB) recently regained the crypto Top 10 with its market cap constantly rising over the last 30 days. During this uptrend, Shiba Inu encountered a massive 287% increase in whale activity. 

Shiba Inu is trading at $0.0000191 after a 13.49% intra-day surge. Since Shiba Inu is trading above  its key simple moving averages, even Shiba Inu’s technical indicators are currently painting a bullish picture. With Shiba Inu’s RSI in  oversold territory, analysts expect steeper gains in Shiba Inu’s price before a potential reversal.

Dogecoin loses momentum

Even when the entire crypto market recovered recently, Dogecoin (DOGE) struggled in the red. Since the token is now above break-even, analysts believe Dogecoin could soon encounter profit-booking pressure. At press time, Dogecoin was trading for $0.1231 after an 8% intra-day increase. 

Despite Dogecoin’s current price being below the 50-, 100-, and 200-day simple moving averages, Dogecoin’s trading volume has surged by over 15%. These exchange inflows might be hinting at a sell-off in upcoming weeks which could push Dogecoin’s price down to the $$0.05903 support trend line.

Lunex Network steals memecoin hype with unique exchange

As memecoins like Shiba Inu and Dogecoin lose traction, all eyes are on Lunex Network’s new DeFi cryptocurrency exchange. While traditional exchanges struggle to offer multi-blockchain compatibility, Lunex Network is ready to kickstart a new era of crypto trading through instant spot trading across multiple blockchains at low costs. Since Lunex Network is offering more than just another crypto exchange, analysts believe this new DeFi gem could skyrocket more than 1,500% during its presale stages. 

The best part about using Lunex Network is the lack of KYC verifications. Instead of worrying about data leaks or security breaches, Lunex Network users simply select two cryptos they want to exchange, input a wallet address, and receive the new crypto with a click of a button.

Aside from simplifying crypto exchanges, Lunex Network also offers exclusive features such as a merchant payment gateway for business transactions and access to more than 65 RPC nodes for all kinds of web3 dApp development needs. This means Lunex Network is attracting not just regular traders but also large businesses and developers who can benefit from its smart contract capabilities. 

If these in-app features weren’t revolutionary enough, Lunex Network also offers long-term utility through its native LNEX token. By staking LNEX for as little as just 30 days, traders can receive a weekly passive income through staking rewards with 18% APY. 

With these features, it is no surprise that Lunex Network is expected to dominate the entire cryptocurrency exchange market by 2025. Currently in stage 1 of its presale, Lunex Network is selling at an extremely low price of $0.0012 per token, making now the perfect time to invest before the price skyrockets any further.

For more information, visit the Lunex Network official website or join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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Solaxy presale raises $4.5M for Solana Layer 2 solution

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Solaxy nears $5M presale goal, offering low entry prices and high staking APY to early investors on Solana’s Layer 2.

Solaxy (SOLX) is developing a Layer 2 solution to enhance the user experience on Solana, and investors are taking notice. Less than two weeks have passed since the presale started, and the project’s funds are just $419,000 away from the $5 million mark.

Since the project is still in its early stages, investors have a chance to secure their share of SOLX at a low price and benefit from a massive staking APY to maximize their investment. Let’s take a closer look at this project and what it’s all about.

Solaxy presale outperforms similar projects as it gains momentum

The Solaxy presale officially opened its doors to early investors on December 12th, and it has already raised over $4.5 million. While the project’s scope plays its part in attracting investors, Solaxy is featured on Best Wallet’s Upcoming Tokens section, making it available to the app’s 100,000+ monthly users and boosting its visibility further.

This makes it very similar to Pepe Unchained (PEPU), an Ethereum-based Layer 2 blockchain project that successfully ended its presale phase with over $73 million raised. Once its presale ended, PEPU launched on Uniswap and soared by more than 600% in the first 48 hours, securing listings on LBank, BingX, MEXC, and other exchanges as its price rose.

Solaxy presale raises $4.5M for Solana Layer 2 solution - next crypto poised to explode - 1

Comparing the early success of these two presales puts Solaxy ahead, as Pepe Unchained took more than a month to raise $4.5 million.

https://twitter.com/SOLAXYTOKEN/status/1870529241072173066

To enter the presale, investors can purchase SOLX using BNB, ETH, USDT, or a bank card. No minimum investment is required. Currently, SOLX costs $0.001576 each, but its per-token price will increase in just one day or if the presale raises another $273,000 by tomorrow.

If Solaxy keeps its momentum, it could surpass PEPU’s success and potentially deliver better returns on launch.

Solaxy aims to resolve the issues Solana’s users face

Solana is among the top three blockchains by transaction volumes, and its daily transaction count has only increased with pump.fun’s launch. As such, its ecosystem is prone to network overloads and congestion that can result in failed transactions or slow transaction speeds.

Solaxy intends to resolve these issues with its Layer 2 blockchain, which will reduce the burden on Solana’s Layer 1 chain by bundling up and processing transactions in its stead. This won’t just make Solana more scalable but also more cost-effective for its users. Plus, the bundled transactions will still be finalized on Solana’s network, leveraging its robust security.

Solaxy presale raises $4.5M for Solana Layer 2 solution - next crypto poised to explode - 2

The development of the Solaxy Layer 2 blockchain is in full swing, fueled by 30% of the project’s total 138 billion token supply.

Crypto analyst ClayBro has reminded his 134,000-strong audience on YouTube of the congestion issues Solana users faced in March, April, and June of 2024 during meme coin booms.

As he anticipates a meme coin supercycle, ClayBro is impressed by Solaxy’s goal to improve Solana’s performance and advises his followers to enter the presale while it’s in its early stages.

Bolstered by robust investor security, Solaxy’s community sees rapid growth

Despite Solaxy’s ambitious goals and the utility of its upcoming Layer 2 blockchain, it’s a meme coin first, and as such, its success largely depends on the strength and trust of its community.

The project’s 4-phase roadmap reveals it has a strong focus on community building. Its first phase prioritizes marketing, for which the project allocated 15% of its total token supply, and that has already attracted over 22,000 followers across Solaxy’s X (Twitter) and Telegram channels.

Solaxy presale raises $4.5M for Solana Layer 2 solution - next crypto poised to explode - 3

The presale also adopts a dynamic model for staking rewards to encourage early adoption. As more SOLX gets added to the staking pool, the staking yields reduce, which rewards early participants with the best returns.

https://twitter.com/SOLAXYTOKEN/status/1867318005660889427

Currently, the project offers an 859% staking APY, allowing investors to nearly 9x their token holdings long-term. 

Solaxy’s developers also emphasize investor security, with 10% of the total token supply reserved for liquidity to ensure a safe trading environment. Plus, Coinbase, a security firm, audited the project’s smart contract and found no issues in its code.

Although volatility is as high as ever in the meme coin space, Solaxy stands a solid chance to explode following its DEX launch and the subsequent release of its Layer 2 blockchain.

For more information, visit the Solaxy presale website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.





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Investors turn to Lightchain AI 3000x potential after PEPE drop

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As PEPE declines, investors are flocking to Lightchain AI for its 3000x growth potential.

Investors in the cryptocurrency market are always on the lookout for opportunities to recover from market downturns and capitalize on emerging projects with high growth potential. With the recent decline of the PEPE token, attention has now shifted towards Lightchain AI (LCAI). This decentralized platform seeks to integrate artificial intelligence and blockchain technology, offering unique features such as Proof of Intelligence consensus and Artificial Intelligence Virtual Machine.

LCAI’s ongoing presale phase allows investors to acquire tokens at a discounted rate before its public launch, with analysts projecting potential 3000x returns by 2026. 

PEPE drop

The new PEPE fall has acted as a wake-up call for investors, showing the dangers tied to uncertain meme coins and shaky market ways. While they wished for big gains, the quick drop in PEPE’s worth has left investors shocked.

The decline also made lots of investors rethink their collections and look for better chances in the digital money world. Because of this, many are now focusing on projects like Lightchain AI, which has a 3000x potential due to its new AI-made blockchain answers. This change shows a want for more steadiness and rise in the fast-changing crypt͏o area.

A look into Lightchain AI’s unique features

Lightchain AI stands out in the blockchain space for its unique features, especially its integration of artificial intelligence. 

Designed to enhance the functionality of Ethereum 2.0, LCAI aims to improve scalability, security, and transaction speed. One of its key components is the use of AI-driven algorithms to optimize blockchain performance, making it more efficient and adaptive to market demands.

Additionally, LCAI offers a robust tokenomics model, ensuring a sustainable ecosystem for long-term growth. The project’s roadmap includes advanced features like cross-chain interoperability and decentralized finance (DeFi) applications. 

With a focus on reducing gas fees and enhancing smart contract capabilities, Lightchain AI is set to play a significant role in the future of blockchain technology, especially for developers seeking an efficient, AI-powered platform.

LCAI presale phase

The presale phase of Lightchain AI (LCAI) presents a notable opportunity for investors looking to recover their losses from the recent PEPE drop. With its unique AI-powered blockchain solutions, LCAI has the potential for massive returns, with analysts predicting a 3000x ROI as the project gains traction.

During the presale, investors can secure tokens at an early, discounted price, positioning themselves for substantial gains once the platform officially launches. This phase also provides early supporters with exclusive access to upcoming features and developments outlined in LCAI’s roadmap. 

Given its unique approach to enhancing scalability, security, and transaction efficiency, LCAI presents a promising alternative for those seeking long-term growth in the cryptocurrency market. The current $0.003 makes LCAI an accessible investment option for many.

To learn more about Lightchain AI, visit their website, whitepaper, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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Experts say these 3 altcoins will rally 3,000% soon, and XRP isn’t one of them

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Experts spotlight Rollblock, Near Protocol, and Render as top altcoins poised for 3,000% growth, leaving XRP out of the rally projections

Industry experts are buzzing about three altcoins set for substantial growth and are forecasting a 3,000% rally. Near Protocol is gaining popularity for its scalability and developer-friendly design, and Render is redefining decentralized digital rendering with its platform. 

Meanwhile, Rollblock, a rising star in crypto gambling, is capturing interest with its unique DeFi integration. XRP, however, is notably absent from these projections, making way for these exciting contenders.

Rollblock: Transforming online gambling with web3 technology

Rollblock (RBLK) is redefining the traditional casino model for the modern era through its web3-powered platform. With the online gambling market valued at $450 billion and projected to grow by 8% annually over the next decade Rollblock is perfectly positioned to disrupt this thriving sector.  

Unlike traditional casinos known for dishonest practices, Rollblock ensures complete transparency. Each transaction is saved on the Ethereum blockchain, enabling players to place bets securely and fairly. The platform offers over 7,000 immersive games, including poker, roulette, slots, and new titles, including Candyland and Cash Compass. Rollblock also launched a sports betting option last month, and this upgrade has received overwhelmingly positive feedback.

Trust is at the heart of Rollblock’s mission, reflected in its gaming license from the respected Anjouan Gaming Authority. The casino also offers a revenue-sharing model that rewards holders. Weekly, a percent of the casino’s revenue will be used to buy back tokens, burning 60% and distributing the remaining to holders. 

The platform’s unique approach has attracted over 32,000 presale registrants, with RBLK tokens now priced at $0.043 in stage 9 of its ICO. Analysts believe this GambleFi gem has the potential for a meteoric rise, predicting a run to $10 by 2025 as Rollblock cements its place among the leaders in crypto gaming.

Near Protocol’s BlockDAG innovation sparks optimism

Near Protocol has dropped by 10% to $5.02 during the last twenty-four hours as it enters a bearish market pattern. Despite that, its 24-hour trading volume jumped 81%, suggesting that investors are buying the dip. In comparison, XRP also slid by 6% during the same period. 

Over the last month, Near Protocol lost 11% of its value, decreasing from $5.60 to $5.02. Nonetheless, the protocol is continuing to improve its blockchain scalability features. Near Protocol’s adoption of BlockDAG technology is set to improve efficiency, delivering faster transaction speeds and enhanced security. This innovation positions Near Protocol as a candidate for blockchain leadership.

Render holds strong amid market volatility

Render’s value has dropped by nearly 8% over the last 24 hours and is now trading at $6.94. Despite the dip, trading volume surged by 52%, indicating steady investor confidence in Render amid market volatility. Recently, Render achieved a $5 billion market cap and solidified its position as one of the leading AI coins. 

Currently ranking third in social dominance among the top five AI cryptocurrencies, Render trails FET and VIRTUAL, both of which have gained traction in recent weeks. However, Render’s robust market presence keeps it a significant player in the AI and blockchain industries.  

While XRP faces challenges in the broader market downturn, Render’s continued advancements set it apart. Analysts suggest RNDR could hit $15 by Q1 2025, aligning with growing confidence in AI-focused cryptocurrencies, much like XRP’s steady appeal among institutional investors.

Rollblock outshines XRP, Render, Near Protocol with 3000% growth potential

While XRP, Render, and Near Protocol face notable declines, Rollblock is gaining momentum as the most promising contender for long-term growth. Unlike its struggling counterparts, RBLK shows impressive resilience and upward potential, making it a standout in the crypto market. 

For more information, visit the Rollblock presale website and join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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