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As Toncoin and Shiba Inu struggle, Lunex Network gains traction with its DeFi features and promising 1,800% upside.
Toncoin (TON) and Shiba Inu (SHIB) both faced a rocky October, with struggles across the board. Shiba Inu remains volatile, dipping and rebounding, while Toncoin has charted a more consistent downward path.
Meanwhile, Lunex Network (LNEX) has been attracting attention throughout the trading spectrum with its immense value offering. This new DeFi protocol combines efficiency with privacy centric features and offers traders a range of tools they can use to increase their chances of success in the crypto world.
So why is Lunex Network receiving so much attention in the crypto community, and why are Toncoin (TON) and Shiba Inu holders snapping up tokens?
Toncoin improves its TON virtual machine
Toncoin developers have been busy with the release of update v2024.10. This introduced several technical enhancements to the Toncoin blockchain. This update improved synchronization speed and garbage collection, particularly benefiting systems with slower disk operations. Additionally, it reduced network traffic, optimized channel creation, and enhanced Distributed Hash Table (DHT) lookup processes, leading to better network responsiveness on Toncoin.
The update also addressed critical vulnerabilities by implementing bug fixes in FunC, TON’s smart contract programming language, and made modifications to the TON Virtual Machine (TVM) to boost overall network functionality. These improvements aim to strengthen Toncoin’s infrastructure, enhance performance, and provide a more reliable environment for developers and users.
Shiba Inu embraces the metaverse
With its metaverse launch Shiba Inu is jumping into the virtual world. This is reflective of Shiba Inu wanting to be ahead of the curve on blockchain trends.
Meanwhile, the burn rate of Shiba Inu skyrocketed to over 5.6 billion tokens in one huge transaction in late October 2024. Such a significant supply cut could very well lift Shiba Inu’s value, providing a promising signal for Shiba Inu holders.
Lunex Network offers traders interoperability and privacy
With interoperability and smart contract technology, Lunex Network is attracting investor attention. Traders on Lunex Network can effortlessly swap more than 50,000 assets for near-zero gas fees while enjoying swift transactions. This makes it the perfect environment for traders who want to maintain an agile stance.
At its core, the LNEX token offers unique value. This protocol is built to withstand market volatility and offers token holders 18% of platform profits in a revenue-sharing model. This model generates revenue from transaction fees and rewards loyal traders.
Unlike with traditional automated market makers (AMMs), Lunex Network processes trades exclusively via smart contracts. Such an approach makes all transactions transparent and immutable. There are no hidden fees and this process mitigates the risk of front-running or manipulation.
Lunex Network presale gains traction in stage 5
Now in stage 5, LNEX tokens are available at $0.0019. With its broad utility, lucrative revenue-sharing model, and seamless interoperability, top analysts project an 1,800% increase in value by 2024. Such a rare, cycle-defining opportunity will not be missed by savvy investors.
To learn more about Lunex Network, visit the official website and socials.
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By crypto.news
Source: crypto.news
