As crypto protocols are offering more and more utility in attempts to compete with one another, questions have been raised around Shiba Inu’s (SHIB) long-term viability. While this meme coin still enjoys popularity, the basis of meme coins is being challenged by newer protocols that offer concrete perks for traders.
Bitcoin (BTC) continues to see success as it targets its scalability, and from the shadows, Lunex Network ($LNEX) is emerging as a key competitor in the DeFi space. This revolutionary protocol comes equipped with the latest blockchain technologies and offers a range of benefits to traders who use the platform. So why are so many Shiba Inu (SHIB) holders diverting funds to invest in this new protocol?
Shiba Inu (SHIB): Still a Meme Coin?
Popular as a strong community asset with meme status, Shiba Inu has recently shifted its focus from being a speculative asset toward becoming a functional DeFi platform. A layer-2 scaling solution called Shibarium was recently launched by Shiba Inu to lower transaction costs and increase the scalability of Shiba Inu’s ecosystem.
A decentralized exchange for trading Shiba Inu tokens among other assets has also been launched by ShibaSwap. But despite these updates, Shiba Inu remains a volatile asset whose future many holders question.
Bitcoin (BTC): Showing Resilience
All the changes in today’s crypto world aside, Bitcoin remains one of the most competitive chains. However, traders have criticized Bitcoin for having no privacy features despite its success.
In response, Bitcoin (BTC) recently introduced the Taproot in order to make Bitcoin transactions more private. For future plans, Bitcoin hopes to add the Lightning Network update. This is designed to make Bitcoin easier to use in daily money transactions. Beyond its utility, Bitcoin is a solid store of value that isn’t showing any signs of slowing down.
Lunex Network: A Future-Proof Trading Solution
Lunex Network ($LNEX) is making major waves in its presale for its offering of a comprehensive, all-in-one-place trading solution. The protocol comes packed full of perks for traders and offers some of the most competitive rates on the market.
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Beyond the utility of the protocol, the native token, $LNEX, has been intelligently designed for growth, and to be resilient in the face of market volatility. It comes equipped with a lucrative revenue sharing model which grants token holders an 18% cut of the platform’s annualized profits.
This promotes long-term holding while ensuring a sustainable ecosystem, as the revenue is generated from transaction fees and other small premiums. In addition, the supply of the token has been deliberately capped at 8 billion, introducing a deflationary effect as adoption of the protocol increases. This means investors who get in early on this protocol are set to make long-term gains.
Multifaceted Trading: Portfolio Tracker
In addition to its broad utility and dynamic native token, Lunex Network ($LNEX) also offers users a range of perks. This equips traders to get the most out of their DeFi endeavors. Among these perks are the comprehensive portfolio tracker and sleek mobile app on offer.
The portfolio tracker differentiates itself from similar tools on other protocols with its holistic angle. It allows not only for the tracking of cryptocurrencies, but also stocks, EFTs, and other financial commodities. This makes Lunex Network ($LNEX) an ideal trading solution for investors managing a diverse portfolio, who want to keep an overall view of their financial position while refining their long-term crypto investment strategy.
Lunex Network: Dominance In Presale
Traders looking to invest in new crypto coins are crashing into the Lunex Network presale. Currently showing promise in stage 3, Lunex Tokens ($LNEX) are on offer to early birds at a juicy price of $0.0015 per token.
Between its range of trader perks and broad utility offering, leading analysts are predicting rampant growth of 1800% in the native token’s value during 2024. For any savvy investor looking to make sustained gains in the crypto space, this protocol presents an unmissable opportunity.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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