SHIB Shows Resilience Against WIF, But Lunex Network’s Non-Custodial Feature Captures Investor Attention
Crypto hacks and thefts are more common than most people realize. Hackers had stolen about $1.38 billion worth of crypto by June 2024, and the figure is only going to go higher with time.
This is the reason Lunex Network takes security seriously. A brand new hybrid crypto exchange, it operates in a non-custodial manner, reducing vulnerabilities for bad actors to capitalize on. Without any doubt, it’s the best new crypto token, and experts fancy it could overtake trailblazing meme coins like Dogwifhat and even Shiba Inu.
Crypto investors are rushing Lunex Network- here’s why
In the current crypto landscape, the most popular exchanges are centralized exchanges. They are custodial in nature, which means they hold on to user funds before they are allowed to trade. However, this creates a honeypot for hackers to attack, and once exploited, users lose all their money.
Lunex Network addresses this vulnerability by giving traders complete control over their tokens. Users only need to connect their wallet at the point of asset exchange. In this manner, it eliminates security risks that often lead to lost funds. This is unlike decentralized exchange, where wallets are constantly connected, which opens up avenues for hackers to exploit.
Apart from offering avant-garde security, Lunex also supports cross-chain swaps across over 40 blockchain ecosystems. It has a payment gateway that makes crypto-fiat onboarding smooth and easy as well as an aggregator protocol that ensures traders get the cheapest rates possible. These are the qualities of a crypto project that will go viral and fetch early investors tremendous profits.
As a result, the Lunex presale has attracted a vast amount of investors from both an experienced and novice background. Its native utility token LNEX is currently available for $0.0019 per token and has raised more than $1.5 million with over a billion tokens sold already. It is predicted to appreciate by 1,800% whilst still in presale and early investors can realize ROIs to the tune of 100x when it launches officially.
Resilient Shiba Inu struggles to keep its head aboveboard
After a meteoric rise earlier in the year, Shiba Inu’s price gradually depreciated, shedding more than 50% of its value. Things have since stabilized, with SHIB trading mostly in a horizontal direction for the last couple of months.
Going forward, Shiba Inu’s price could succumb to market forces and fall flat. However, SHIB’s strong community is more than enough to stem the loss should things go bad.
Are cracks starting to appear in WIF’s armor?
Dogwifhat was launched a little over a year ago, but it’s already a darling among the meme crowd. That’s because WIF quickly appreciated handsomely and rode the last bull market to the hilt. However, the token started losing momentum in the middle of the year and seems to have run out of steam.
WIF holders are hopeful it could rediscover its old form, but that remains to be seen. The meme coin space is getting increasingly competitive, and WIF could quickly get left behind if it doesn’t innovate.
Conclusion
As Shiba Inu price keeps struggling, Dogwifhat seems to be losing the momentum it gained during the last bull market. That is why meme coin holders are gravitating towards the Lunex Network presale. It packs powerful features and an ROI that WIF or SHIB cannot match. This makes it the best new crypto token for savvy investors.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials:https://linktr.ee/lunexnetwork
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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