POPCAT Price Cools Off, SHIB Leads as Best-Performing Meme Coin, but Rising ERC-20 Token Steals the Spotlight

Lunex Network Presale Surges, POPCAT Consolidates, SHIB Leads Market

While the POPCAT price continues to retrace, Shiba Inu (SHIB) has assumed leadership and is currently the best-performing token in the Memecoin sector of the crypto market.

However, an ERC-20 token, LNEX, has emerged, creating a buzz in the market and stealing the spotlight with its amazing platform features and ongoing presale, which offers promising returns.

Let's explore why you should capitalize on this investment opportunity!

POPCAT Lunex Network steals investors' attention with ongoing presale

In normal circumstances, SHIB would have attracted the attention of investors due to its increased token-burning rate. However, Lunex Network, an ERC-20 token, has stolen the spotlight and is making waves among crypto enthusiasts with its advanced trading features.

These features include Lunex Network’s next-gen aggregation protocol, the Lunex bridge, as well as other predictive analytics tools which are designed to help investors mitigate potential trading risks and meet their individual trading goals.

In addition, Lunex Network's user-friendly interface makes the platform easier for both seasoned traders and newbies to navigate. Lunex Network also showers investors with numerous earning opportunities with reduced trading fees, registration bonuses, and high-leverage options.

Best of all, investors can access all of Lunex Network's amazing features by joining the ongoing presale, currently in its stage 3, at a price of just $0.0015 per token. Moreover, analysts predict over 1000% at the token launch, making the LNEX presale a lucrative investment.

POPCAT enters yet another consolidation phase

POPCAT started Q4 with a bull run, hitting two highs in the space of 3 weeks. POPCAT hit its first high on September 26, when it was trading for $1.08. After this the POPCAT price retraced to a low of $0.9128, forming support at $0.95.

In the following week, POPCAT consolidated just above the $0.95 support level before rebounding to its new ATH at $ 1.55297 on October 12, which pushed POPCAT to #7 in the Meme Coins sector and #4 in the Solana Tokens sector.

However, it appears POPCAT is retracing into yet another consolidation phase despite its current bullish price sentiment and a 4.23% increase in the last 7 days. Nevertheless, analysts are optimistic about another major price rally.

SHIB’s increased burning rate instigates price rally

Although POPCAT's market performance is impressive, it is no match for more established tokens like Shiba Inu (SHIB), which is currently the best-performing memecoin and leader of the memecoin sector of the crypto market.

The price of SHIB has increased by 165% in the last 1 year, and over 7% since September. SHIB is trading above the 200-day SMA, while outperforming 67% of the top 100 crypto assets, including Bitcoin and Ethereum.

SHIB's current bullish trajectory results from the increase in burn rate by 14,575%, with 281.88 million SHIB tokens removed from circulation on Tuesday alone. This has pushed SHIB above the $0.000018 key resistance trendline, with experts predicting a retest of the $0.000020 mark soon.

Conclusion

As POPCAT retraces to another consolidation phase, SHIB reigns as the best-performing token in the memecoin sector, thanks to its increased token burn rate. Surprisingly, investors are more focused on Lunex Network, an ERC-20 token that offers promising returns with its ongoing presale.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork