Monero Gains 4%, Shiba Inu Dips, Lunex Network Eyes DeFi Boom Monero (XMR) has faced a significant price drop as the market shifts and now focuses on Lunex Network. In the meantime, another token making a possible return and capturing investor’s attention is Shiba Inu (SHIB). With these developments unfolding, let’s see what it would mean for the evolution of these cryptocurrencies in the future. Monero (XMR) Sees Some Green Days Monero is up by 4.13% in the past 24 hours making it one of the best-performing coins in the market. As of now, Monero (XMR) is at $152.14 with a market capitalization of $2.8B and settling down from its uneasy beginning of the month in October. The beginning of the month saw Monero at $153.80 but dropped to $142.96 on the 2nd and $136.43 on the 3rd of October. This decline came after Kraken announced it would be removing Monero from the EEA in accordance with regional legislation by MiCA — this move is slated to take effect in December. Despite facing regulatory challenges, Monero advocates remain hopeful. They believe that its focus on anonymous transactions will keep it relevant, regardless of exchange delistings.

To Know More- Lunex Network crypto