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The meme coin frenzy is live and active following Donald Trump’s victory in the United States elections. However, Pepe’s price seems to be reacting slower than expected. Its ambitions to surpass Dogecoin’s meme dominance seems like history, as analysts believe Pepe’s momentum is running out of steam. While Pepe’s holders cling to hopes of a monumental breakout, Lunex Network is slowly emerging as the dark horse in the race for top crypto gains.
Lunex Network’s DeFi utility looks ready for top crypto gains
While the Pepe price falters, Lunex is taking the fight head-on with Dogecoin after raising $2.9M within a fortnight of its ICO launch. Lunex Network has caught the interest of several crypto experts – especially those who are looking to abandon DOGE and PEPE’s speculative nature for real utility tokens. Priced at $0.0026 at the time of writing, Lunex boasts a 100% price jump in less than three months as it enters the next stage of its presale.
Lunex stands out from the short lived memecoins frenzy with brand new DeFi protocols that connect isolated blockchains. The novel crypto exchange plans to solve some of the most common issues facing DeFi. One such issue is interoperability, as Lunex Network greatly simplifies the process of trading across several blockchains.
In addition, the Lunex protocol is based on the established Ethereum blockchain. It provides a non custodial wallet, so traders don’t have to move to other sites like Metamask or Trust Wallet – risking their privacy in the process. Lastly, Lunex Network appeals to ambitious investors with its unique staking rewards, where holders can receive up to 18% APY.
Pepe shows some life, but investors are buying into sustainable projects
PEPE is among the meme coins that have been green since August, and its recent spike to 0.000022 has sparked interest in the token again. PEPE’s price jumped by 40% from last month’s to edge all its holders in profit. The technicals for the PEPE price are showing promising signs, with the 14-day RSI sitting at 60.
However, the PEPE price has been faced with some inherent challenges that could see a retrace back to the 0.000013 psychological level. Investors seem to be throwing in the towel as significant selling pressures enter the market. With the current momentum, analysts believe that the token may not reach DOGE success.
Dogecoin to soar close to its ATH: What’s ahead?
DOGE is among the altcoins emerging as the big winners of the US 2024 elections frenzy as it rises to unprecedented levels in Q4. Analyst sees further upwards momentum as DOGE heads for its ATH at $0.69.
These predictions seem likely to happen with Donald Trump pro crypto shift. However caution still remains as investors look to Diversify their portfolio with Lunex Network.
Conclusion
While Pepe continues its die hard struggles against DOGE, Lunex Network is carving a path of its own, backed with robust fundamentals and a straightforward utility focused road map. The coming weeks remain crucial as Lunex Network could outpace these market giants soon. The Lunex Network token presale is active at $0.0026. Now is the time to act!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/11/22/pepes-price-unlikely-jump-ahead-dogecoin-lunex-may-just-do/