December 23, 2024

BONK Price Up 239% YTD, Shiba Inu Holders Bet Big on Lunex Network

 BONK Price Up 239% YTD, Shiba Inu Holders Bet Big on Lunex Network

BONK Price Up 239% YTD, Shiba Inu Holders Bet Big on Lunex Network

Meme coins are going crazy. Bonk price is up around 250% on YTD numbers, while Shiba Inu is running amok at 160%. But the problem with meme coins is that they never last, as they have nothing to support them. The crash is inevitable.

Long-term investors prefer tokens with less volatility that can stand the test of time, and right now, Lunex Network ticks all the boxes to be the next big crypto.

Lunex Network (LNEX): The next big crypto making it big in presale

Lunex Network is a new hybrid exchange redefining what it means to be a crypto trader. Crypto has evolved, but crypto trading hasn’t. Cross-chain trading is still a technical roadblock, slippages are an issue, and fees can take larger chunks out of profits, not to mention custodial wallets that pose a security risk.

Until now! Lunex Network offers crypto traders over 50,00 trading pairs across multiple chains, minimizes slippage, and offers non-custodial wallets for extra security. As for fees, LunexNetwork operates a zero-fee environment to make sure your profits are where they belong: in your wallet.  

For investors searching for the next big crypto, Lunex Network delivers the perfect combination of accessibility, scalability, and long-term potential.

Bonk (BONK): Bonk price is inspirational, but will it last?

At around 250% for the year so far, of which 120% was in the last month alone, the Bonk price indicates just how well meme coins are doing right now. Built on the Solana chain. Bonk is a relatively new entrant in the meme coin family. It is not coincidental that Bonk is doing well partly due to Solana’s prodigious rise. It was the next big crypto a year ago, and those who got in early were rewarded with spectacular profits.

Meme coins are little miracles of modern marketing. The bulk of them have nothing to support them. They have zero intrinsic value yet are literally the best-performing assets the world has ever seen. The only problem is that as soon as the bull run is over and the marketing has dried up, meme coins will crash, and the Bonk price will tend to zero again.  

Shiba Inu (SHIB): The pattern continues

Shiba Inu is up 160% in YTD numbers, but this does not tell the whole story. Shiba Inu is still trading at 70% below its ATH, which it achieved in 2021. Shiba Inu is perhaps the stereotypical meme coin: massive rise with a huge fall, leaving only the very first early adopters not losing their shirts.

A massive chunk of Shiba Inu’s year-to-date numbers is a result of the February spike, and Shiba Inu is down 20% from its 2024 high in February. Yes, Meme coins can make money, but the secret is in the timing. It’s better to invest in tokens with fundamentals that can keep performing for years without the massive spikes and plummets that meme coins are famous for.

Conclusion

Meme coins are great, but one needs to be clever or lucky to profit from them. The Bonk price is excellent, and Shiba Inu has made many millionaires, but it’s a function of timing. The next big crypto will have short-term gains and long-term sustainability. This is why the next big crypto is Lunex Network, currently available at $0.0031 during presale.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials:https://linktr.ee/lunexnetwork

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.  

Adrian Barkley