Dogecoin and Shiba Inu are once again in the middle of the headlines. Ethereum founder Vitalik Buterin cashed out his meme coin stash to donate Ethereum for crypto advocacy purposes. This has caused understandable concern within meme coin degen circles, especially Dogecoin and Shiba Inu fans.
However, the meme coin cognoscenti are flocking to a newly-launched crypto presale that analysts believe could go on a parabolic run in the form of Lunex Network—the cross-chain DeFi and crypto exchange protocol of the future. Here’s why meme coin degens are banking big on Lunex ahead of the next bull run.
Lunex Network presale drawing major investment inflows with $5.4M raise
Presale opportunities offer some of the biggest gains outside of the meme coin roulette machine. As the year draws to an end, one exciting new crypto project offers prospective investors an opportunity to gain exposure to DeFi’s inevitable comeback with the launch of Lunex Network.
Already approaching $5.4 million in funding, Lunex has gained traction with its cross-chain DeFi protocol and crypto exchange platform.
Lunex offers slippage-free trading for over 50,000 token pairs across 40 blockchains. Its multi-chain approach reduces the friction associated with having to connect to various unsecured third-party bridges, swap, and crypto exchange protocols to use DeFi apps and trade assets between different blockchains. Through its self-custodial Lunex Wallet, users will be able to seamlessly interact with dApps, as well as trade and manage their assets under one intuitive platform.
The unique value proposition of Lunex could translate into parabolic growth for its native token $LNEX in the next bull run. The cross-chain protocol potentially can onboard a new generation of Web3 users with its interoperability-based solution.
Dogecoin and Shiba Inu tapers off at the end of November
Dogecoin and Shiba Inu have long dominated the meme coin discourse with the astronomic gains they generated for investors during the 2021 bull run. Both remain the leading lights of the meme coin sector with Dogecoin and Shiba Inu turning in a 172% and 72% gain in the past month, respectively. Yet their market caps in the tens of billions give them less upside for growth than they used to. Both meme coins tend to serve more as sort of indices for the broader meme coin market at this point in time.
With the competition increasing in the crowded meme coin sector, especially given the rise of Solana meme coins, it is highly unlikely for either Dogecoin or Shiba Inu to recreate their 2021 charts.
Join the early 100x action on Lunex
The windows of Dogecoin and Shiba Inu for parabolic growth have long closed. At this point in time, both serve more as an “index” play for conservative investors to gain exposure to the meme coin sector. Dogecoin and Shiba Inu have been overtaken by newer contenders in the Solana meme coin sector, and investors have taken notice. This is why the action is flowing to the DeFi narrative.
Lunex offers the best exposure to the eventual rebirth of DeFi with its interoperability focused DeFi and wallet solution. With token prices at just $0.0048, Lunex offers a tantalizing 100x opportunity at a low entry point.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
