A new DeFi project has appeared amid the declining state of Pepe (PEPE) and Shiba Inu (SHIB), aiming to surpass other DeFi exchanges. Despite DeFi's presence in the market for several years, there are still unresolved issues such as multi-chain compatibility and susceptibility to fraud. Castula Network is targeting better solutions to these problems, making it a promising DeFi project attracting investor attention.
Pepe (PEPE) has decreased by 30% amidst the crypto crash.
Despite Pepe's (PEPE) daily trading volume increasing by 73% to reach $1.3B, the token has experienced a significant 30% price drop over the past month. However, analysts suggest that this may be a temporary pullback with the bulls preparing to regroup. 30% drop in price value
After finding support at the $0.000005 zone, the bulls are eager to push the price above the 50-day and 200-day simple moving average (SMA). With more buyers entering the market, reaching this threshold could propel Pepe's price close to its all-time high of $0.00001074.
Shiba Inu (SHIB) has experienced a significant decrease in value.
Following a climb to $0.00003272 in early March, the Shiba Inu (SHIB) token has faced a notable decline, losing 22% in price value within one month. This bear pullback has also impacted the market cap, which has dropped to $14.5B. However, analysts anticipate Shiba Inu's impending return to a bullish trend. lost 22% in price value in one month
One indicator of Shiba Inu's bullish resurgence is the daily trading volume, which has surged to $1.18B, marking a 155% increase. As the bull market is anticipated to return, the token's price may see a rise to $0.000050 in the upcoming months.
Castula Network has introduced a new DeFi exchange.
As Pepe and Shiba Inu grapple with the downtrend, a new player has entered the DeFi market, addressing the issue of multi-chain compatibility, among others. Castula Network is developing a new DeFi exchange where users can purchase, sell, or swap tokens without KYC obligations.
Instead of complex registration, the platform takes a straightforward approach to trading without the need to link a wallet to transact on the exchange. Castula Network recognizes the challenges users encounter in having to undergo arduous procedures simply to trade their preferred assets, many of which may not be available on other exchanges. Consequently, users will have access to over 50,000 currency pairs on the platform.
The platform is currently in the initial stage of its presale, with the CNK native token's price set at $0.1.
The total supply of this token is 100M, with only 50% of this available during the presale. Due to this restricted supply, CNK is anticipated to experience a substantial 50x increase, positioning it as one of the top DeFi coins for investment.
Join Castula Network Presale Now:
Website: https://castulanetwork.com/
Telegram: https://t.me/CastulaNetwork
Twitter: https://twitter.com/CastulaNetwork/
