Shiba Inu has significantly increased its burn rate, leading to a jump in the token’s price. This strategy aims to reduce the supply and enhance the token's value. Meanwhile, Dogecoin has managed to break through a key support level, sparking a significant rally in its market value.
In parallel, the Lunex Network is experiencing growth as its presale approaches the $1 million milestone. Analysts predict that on its official launch day, the LNEX token could witness a massive gain, possibly increasing by 100 times, attracting considerable interest from investors.
The momentum in both Shiba Inu and Dogecoin highlights the dynamic and fast-moving nature of the cryptocurrency market, where strategic moves such as token burns and support level breaches can lead to rapid changes in asset valuations.