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SHIB, Lunex and Popcat Dominate! Burn Rates and Investor Hype Signal Major Breakouts

  • December 16, 2024

Deflationary tokens like Shiba Inu, Popcat, and Lunex Network go up in value over time, not down like fiat currency. This is the basic law of supply and demand: low supply + high demand =  rising value. The beauty of this is that artificial scarcity can be engineered with token burns, which deliberately destroy assets to decrease supply. The Shib burn rate is incredible, with over 15 million Shib burnt recently.

Meme coins are down, with the Popcat price down 10% in the last week and Shiba Inu down 9%. But demand is returning, and we’re in for a wild ride. But if riding the meme coin roller coaster may be a little too volatile, Lunex Network offers a steady ship to sail the crypto oceans.

Lunex Network (LNEX): The Deflationary DeFi Powerhouse

Deflationary tokens are the cornerstone of Lunex Network, a revolutionary hybrid crypto exchange designed to simplify DeFi trading. Unlike traditional currencies, Lunex employs token burns to create scarcity, driving long-term value for investors. By periodically reducing its circulating supply, Lunex ensures that demand outpaces availability, setting the stage for consistent growth.

What makes Lunex unique is its seamless integration of deflationary mechanics with cutting-edge features like cross-chain compatibility, staking, and liquidity pools. This approach not only enhances its utility but also guarantees stability in an otherwise volatile market. For investors seeking steady growth, Lunex Network offers an unmatched opportunity to ride the wave of DeFi innovation.

Shiba Inu (SHIB): Shib burn rate picks up

It’s amazing to see investors willingly burn millions of tokens to stimulate price rises. It is unthinkable that people would willingly destroy assets, but it’s a winning strategy for all deflationary tokens. The Shib burn rate is slightly down today, but that’s thanks to a massive burn yesterday where over 10 million Shiba was sent to a null address.  

The Shib burn rate is such a successful strategy that almost a full third of Shiba is now in null addresses, never to be recovered. This means the Shib burn rate has at least a 30% impact on the Shiba Inu price, and we can be sure the Shib burn rate will blaze like a bonfire!

Popcat (POPCAT): Popcat price recovers after quiet week

A weekly candle on Popcat shows it down just about 10%. But that tells a fraction of the story because Popcat is up 12,500% on YTD figures and almost 100% on the 90-day candle. Strangely enough, the Popcat price is one of the few tokens on a red candle since the Trump victory, but the Popcat price has had enough of its red candles, and there is a definite recovery in the Popcat price.  

The markets are white hot, and meme coins have made some of the best advances yet. Don’t be surprised if the Popcat price makes a tidy profit before 2025 rolls around. 

Conclusion

The Shib burn rate and Popcat price are both climbing, and meme coins are expected to make great profits for a few months. However, meme coins can be volatile and are not for every investor’s taste or risk profile. For a smoother ride, the Lunex Network presale is offering incredible value at a token that can change the face of crypto trading. 

Lunex Network is now available in presale at $0.044.

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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