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As mid-October brings a market recovery, Shiba Inu and Solana surge, but savvy investors are eyeing Lunex Network for 100x returns.
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As the market begins to recover in mid-October, Shiba Inu and Solana are surging in value. While the sentiment surrounding these cryptos is starkly bullish, savvy investors are instead rapidly accumulating cryptocurrencies best kept secret for 100x returns this bull run: Lunex Network. Here’s why analysts are bullish.
Solana investors anticipate major surge in Q4
Solana’s stagnation in early October can largely be attributed to mass sell offs over fears of WW3, though Solana is heating up in mid-October as investors anticipate a major Solana rally.
A recent report from the Standard Chartered Bank touted that Solana could rally by 400% over the US election in November, especially if pro-cryptocurrency candidate Donald Trump wins. Recent polls indicate that Donald Trump is now the clear favorite, spelling good news for Solana in Q4.
In addition, October is historically a bullish month for Solana, and Solana is experiencing record wallet activity as the bull run progresses. These factors have led some analysts to project a $180 SOL by the end of Uptober.
Shiba Inu demonstrates promising potential following Lackluster 2024
Shiba Inu has been far from a standout the year, as newer memes with higher upside potential like Brett and Popcat emerge from the woodwork. Still, Shiba Inu has risen in tandem with other memes, and Shiba Inu is a relatively safer pick as the second-largest meme in the space.
SHIB investors are also hopeful that ecosystem upgrades, such as a new Shiba Inu-based DAO, could propel Shiba Inu into more than just a purely speculative asset. As new money enters the market when green candl
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