Celestia’s price is making a strong comeback after taking a harsh dip, contrasting with the recent pepe price sentiment. As Celestia rebounds, attention is shifting to Lunex Network, which has successfully sold over 400 million tokens in presale.
Now in presale stage 2, Lunex Network is priced at just $0.0013, capturing investor interest in the booming crypto presale market. With Celestia recovering and Lunex Network gaining traction, both projects are attracting attention, positioning themselves as key players in the evolving crypto landscape.
TIA faces market jitters ahead of $1B token unlock: Price dips 18%
TIA has faced significant selling pressure recently due to its upcoming token unlock event. On October 30, Celestia will release 175.56 million TIA tokens, valued at nearly $1 billion, which accounts for 81.86% of its circulating supply. These tokens will be distributed to early supporters, seed investors, and core contributors. Such large token unlocks often cause uncertainty, leading investors to sell in anticipation of price drops, which has been the case with TIA.
As a result, TIA’s price has dropped by 18% over the past week, now trading at $5.12. It has become the biggest loser among the top 100 cryptocurrencies. The declining Relative Strength Index (RSI) indicates weakening demand for TIA, further contributing to the ongoing price dip.
PEPE price faces correction risk as investors lock in gains
PEPE is currently in a vulnerable position, with its Market Value to Realized Value (MVRV) ratio at 33%. This level places the PEPE price in a “danger zone,” where corrections are more likely. The MVRV range of 13% to 47% signals a risk, as many investors are in profit and could sell to lock in gains.
As profit-taking increases, selling pressure could push the PEPE price lower, creating resistance. Investors should be cautious, as this could make it more challenging for PEPE’s price to break through key levels in the near future.
The recent price movement of PEPE, reveals a sharp downward trend, losing 8.01% in value, currently priced at $0.00000850. The price drop can be attributed to a decrease in market confidence, potentially due to larger macroeconomic factors, trader sentiment, or whale sell-offs. PEPE’s significant volume at 31.425 trillion tokens highlights that despite the drop, there’s active trading, but sellers are currently outpacing buyers.
Lunex Network sells 430+ million tokens in crypto presale
Lunex Network is on fire! It’s already sold over 430 million tokens in its crypto presale, and it’s easy to see why. With the Lunex Wallet, you can do all your DeFi stuff—staking, lending, borrowing—powered by machine learning and AI, making it super efficient. Oh, and did I mention the 18% APY for staking $LNEX? That’s some serious incentive to hang in for the long haul!
While Celestia’s price is having a rough time, Lunex Network is capitalizing on the hype. Its crypto presale is packed with features like unified asset tracking, so whether you’re into crypto or traditional investments, Lunex Network makes it easy to keep an eye on everything in one place.
For extra peace of mind, Lunex Enclave Technology offers security with backup features like iCloud integration, so your assets are always within reach but totally safe. With Celestia’s dip and PEPE’s uncertainty, Lunex Network is stealing the spotlight!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://blockchainreporter.net/buyers-snap-up-over-400-million-tokens-in-lunex-networks-presale-celestia-rebounds-pepe-price-struggles/