It’s crazy times in crypto! Indeed, it’s that time of year. With SHIB’s price not offering much promise, PEPE coin seeks to dethrone SHIB, but its investors are beginning to cause a rally for Lunex.
What’s not to like? Lunex Network has outperformed expectations in presale, is growing at a premium, and offers impressive features. PEPE coin isn’t the only token that loses investors to Lunex; SHIB’s price does not help either, as SHIB’s investors flock to Lunex too.
Read more to understand the ongoing crazy crypto happenings.
Lunex: The hybrid DeFi attracting competitors’ investors in presale crosses the $5.4 million mark
It’s not unnatural for underperforming cryptos to lose investors to performing ones; it’s different when performing cryptos lose investors to other performing ones, and that’s what is happening with Lunex.
Lunex Network stands out as a problem solver in DeFi. Using smart contract technology, Lunex addresses slippage and delayed transaction problems to enable seamless trades. With access to over 40 blockchains, Lunex enables quick asset swaps across over 50,000 assets while minimizing transaction fees.
In addition to trading, Lunex offers a robust staking system that allows users to earn up to 18% APY, providing an attractive option for those seeking passive income. Lunex also features decentralized governance, enabling traders and token holders to vote on new proposals and changes within the network.
Lunex is currently available for $0.0048, representing over 300% growth since the presale launch. Lunex Network continues to show its project has captivated the hearts of thousands of investors after selling 2 billion $LNEX tokens and raising more than $5.4 million in less than 8 weeks!
Shiba Inu Experiences Correction and Investors Are on the Move
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Despite a massive rally in the final weeks of November, SHIB investors are reportedly seeking more stabilized investment options following the SHIB correction and downturn since December 1.
SHIB’s price experienced a price drop of about 10% in the last 48 hours, just after breaking strong resistance levels and peaking at $0.000033. The RSI indicates that SHIB’s recent rise into overbought territory has triggered a cooling-off period.
Despite the decline, on-chain data shows that 73% of SHIB holders are still profiting at the current price level, meaning most investors continue to see gains. Yet, SHIB’s recent downturn has called into question its sustainability, and several of SHIB’s whales are not sticking around.
PEPE Coin Investors Remain Unsure of the Anticipated Rally
Despite meme coins generating huge buzz, with PEPE, BONK, and DOGE targeting over 1000% increase, PEPE’s investors are refusing to get carried away with the excitement. PEPE holders are questioning the potential factors driving these anticipated rallies.
According to the PEPE coin daily chart, its Moving Average Cross at 50,200 has formed a bullish golden cross, which indicates bullish momentum on the horizon. Yet, the RSI at 64.77, which indicates PEPE is close to overbought territory, spells caution, as a huge correction could cause unrecoverable losses.
Should PEPE maintain steady momentum, optimism, and rising trading volume, it might sustain its rally run, especially if it breaks the $0.0000021 and $0.0000025 resistance levels. However, if PEPE’s daily active addresses decline and it reaches the overbought level, the PEPE coin might go bearish, declining below its $0.0000018 support level.
Despite PEPE and SHIB gearing for rallies, investors seeking gains and sustainable profit should invest in Lunex.
You can find more information about Lunex Network (LNEX) here:
Website: https://Lunexnetwork.com
Socials: https://linktr.ee/Lunexnetwork
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