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As mid-October brings a market recovery, Shiba Inu and Solana surge, but savvy investors are eyeing Lunex Network for 100x returns.
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As the market begins to recover in mid-October, Shiba Inu and Solana are surging in value. While the sentiment surrounding these cryptos is starkly bullish, savvy investors are instead rapidly accumulating cryptocurrencies best kept secret for 100x returns this bull run: Lunex Network. Here’s why analysts are bullish.
Solana investors anticipate major surge in Q4
Solana’s stagnation in early October can largely be attributed to mass sell offs over fears of WW3, though Solana is heating up in mid-October as investors anticipate a major Solana rally.
A recent report from the Standard Chartered Bank touted that Solana could rally by 400% over the US election in November, especially if pro-cryptocurrency candidate Donald Trump wins. Recent polls indicate that Donald Trump is now the clear favorite, spelling good news for Solana in Q4.
In addition, October is historically a bullish month for Solana, and Solana is experiencing record wallet activity as the bull run progresses. These factors have led some analysts to project a $180 SOL by the end of Uptober.
Shiba Inu demonstrates promising potential following Lackluster 2024
Shiba Inu has been far from a standout the year, as newer memes with higher upside potential like Brett and Popcat emerge from the woodwork. Still, Shiba Inu has risen in tandem with other memes, and Shiba Inu is a relatively safer pick as the second-largest meme in the space.
SHIB investors are also hopeful that ecosystem upgrades, such as a new Shiba Inu-based DAO, could propel Shiba Inu into more than just a purely speculative asset. As new money enters the market when green candles become a common occurrence, Shiba Inu’s nostalgic potential could see it surge 200%, according to some analysts.
Why Lunex Network may be the next 100x DEX-swapping platform for this bull run
Lunex Network is gearing up to take full advantage of the excitement building around DEX platforms during this bull run. Due to the platform’s never-seen-before combination of fundamentals and massive hype potential, analysts are confident that Lunex Network can achieve 100x growth and an impressive 1800% rally in the coming weeks.
By completely eliminating the need for KYC verifications, users can trade and interact on the platform without providing personal identification, such as a driver’s license. In addition to this, users don’t need to connect to wallets like MetaMask or UniSat, mitigating the risks associated with wallet integration while streamlining the whole process.
Lunex Network’s cross-chain capabilities are unprecedented in the space, enabling up to 50,000 blockchains and networks. From Ethereum and Solana to Shiba Inu and Dogwifhat, this diversity is expected to foster a broad user base during the peak of the bull run.
Businesses can benefit from Lunex Network’s B2B payment gateway, which allows for instant cryptocurrency-to-fiat conversions. This feature solves a significant challenge for companies looking to integrate cryptocurrency payments, rendering the platform even more appealing to institutional investors.
Lunex Network is also popular among all types of investors due to its revenue-sharing model. As part of this model, the platform buys back LNEX tokens from the open market and redistributes them as staking rewards, with APYs of up to 18%. Combined with its deflationary tokenomics, this system ensures stability, making LNEX a solid long-term investment.
As the native token of the market’s most unique DEX platform, LNEX could feasibly amass 100-500x returns and hit $1 by 2025. Currently priced at 0.0015 during the third stage of the presale, LNEX will likely never be this cheap again following Uptober.
For more information, visit the Lunex Network official website or join the online community for the latest updates.
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This article first appeared at crypto.news
