The post Bitcoin Tipped To Reclaim $70K In October, Sparking 1000% Rallies For Cardano, Lunex Network and Shiba Inu appeared first on Coinpedia Fintech News
Whispers of Bitcoin price reclaiming its previous ATH above $70k are lighting up the crypto sphere. The Fed rate cut has sent bullish momentum rolling. In fact, experts predict that the spark could ignite a seismic shift in the altcoin market, with Cardano, Lunex Network, and Shiba Inu following Bitcoin’s suit. The bear-stricken Cardano and Shiba Inu have seen headway, while Lunex Network’s first-in-class DEX solution promises to be a game-changer for asset exchange. But what’s fueling the audacious 1000% claim? Let’s find out.
Cardano: A sleeping giant awakens? Buy signals hint at potential ATH
Cardano is finally flashing signs of a potential comeback after Bitcoin price went back up. Earlier this year, Cardano clinched a yearly ATH of $0.77 before the bear storm washed the gains away. However, it seems ADA may be weathering the storm well. A bullish inverse head-and-shoulders pattern suggests a possible breakout.
Even on-chain metrics, including the Long/Short ratio, Futures Open Interest, and OI-weighted funding Rate, flash bullish signals for ADA. Meanwhile, the Ouroborus-based L1 PoS network has continued its giant strides for DeFi and RWA tokenization. The introduction of the first major gold-backed token added to the enthusiasm for Cardano.
Shiba Inu soars: Whale activity and new staking program unleash 222% jump
For days, the Shiba Inu community has been buzzing with excitement as the meme token adds a slew of value-driven utility. K9 Finance’s Bonecrusher mainnet, a liquid staking platform for Shibarium’s BONE token. The introduction of the liquid staking platform is expected to supercharge SHIB by boosting the Shibarium TVL and increasing the SHIB burn rate.
This coincides with an impressive 222% surge in whale transactions, and analysts think this can push Shiba Inu 500% above its ATH at $0.000081. Currently, the SHIB token surged 20% and has steadied at $0.00001876.
Lunex Network reinvents DeFi and asset exchange. Set to soar 100x at launch from crypto presale
Another token set to moonshot off Bitcoin price’s regained bullish momentum is Lunex Network. Investors are already flocking to Lunex for its massive upside potential that analysts predict will surge 100x in the ongoing crypto presale. Lunex Network isn’t another DeFi project. It’s the much-needed Messiah the dysfunctional DeFi needs.
For the first time, DeFi users are getting an innovative upgrade that puts a lasting stop to security breaches. Reuters reported over $1.4b was lost to exploitation this year. That’s utterly disappointing in a market tipped to soar to $508B by 2030. However, Lunex Network’s smart contract-powered, non-custodial, and anonymity-focused design ensures that users’ assets remain under their control.
With support for over 50,000 assets, advanced trading tools, a portfolio tracker, and a slippage-free exchange, Lunex Network opens up a world where trading is both efficient and transparent. But Lunex Network isn’t just about trading; it’s about long-term growth and stability. It’s deflationary tokenomics and lucrative passive income stream were notable features that captivated industry experts.
All these prove that Lunex Network is the DeFi project any savvy investor wouldn’t want to miss. Meanwhile, its newly launched crypto presale is selling fast at just $0.0012, and that is a steal for the value Lunex aims to bring to DeFi.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork