The meme coin market is heating up with tokens like Pepe and Dogwifhat gaining popularity, but a new contender, Lunex Network, is stealing the spotlight. While Pepe and Dogwifhat rely on hype, Lunex Network offers innovative features and real-world applications that could set it apart.
Analysts suggest Lunex’s potential to outperform these meme coins, is driven by its robust technology and community support. Could Lunex Network be the breakout star that redefines the meme coin narrative?
Pepe Sees An Increase In Market Activity
Pepe has jumped by 118.96% in the last 30 days due to high whale activity and low Pepe token supply on the open market. Data indicates presence of fewer Pepe tokens on exchanges, suggesting significantly less selling pressure and much more confidence from institutional investors. Pepe whales have bought over 10 trillion PEPE tokens in record time, a move that often precedes a major rally.
Currently, Pepe is trading at $0.00002109 after a 7.40% increase during the day. Pepe’s market cap has also increased by 7.29% in the last 24 hours, indicating an increase in network activity. However, if whale activity continues to rise, Pepe’s price could increase by up to 7x, potentially reaching the $0.000151 resistance by the end of Q4.
Dogwifhat’s Price RIses By 8% In A Day
At $3.65, Dogwifhat (WIF) rose by 8.71% in the last 24 hours, bringing its monthly gain to 57%. However, this momentum is facing some obstacles. A well-known trader, “Blockgraze,” recently transferred 1.5 million WIF tokens, valued at $4.56 million, to Coinbase after holding them for eight months. While he hasn’t sold the tokens, this move signals a bearish sentiment for Dogwifhat.
Data from Coinglass shows that over $5 million in Dogwifhat long positions were liquidated within two days, which has stalled the rally. Liquidation clusters below the current price suggest potential downside risks. If Dogwifhat falls below $3, a wave of cascading liquidations could deepen the decline, making this price level crucial for traders.
Lunex Network’s Position as a Leading Contender in the Blockchain
Lunex Network (LNEX) is making a major impact as the year comes to a close. The Lunex Wallet offers a comprehensive platform where you can stake, lend, and borrow all in one place. The platform also provides a wide variety of crypto pairs right from the start. What truly sets Lunex Network apart is the Lunex Bridge. This feature allows users to securely transfer payments and data across multiple blockchains, giving users more flexibility in managing their assets.
The platform is designed for simplicity, making complex DeFi tasks like staking and trading easy. Traders won’t need to switch between apps since Lunex Network offers an all-in-one experience. For traders looking to trade coins like Dogwifhat or Pepe, Lunex Network is the ideal platform. Lunex Network provides a seamless and secure environment to capitalize on these exciting opportunities.
With Pepe, Dogwifhat, and Lunex Network all gaining momentum, now is the perfect time to get involved. Lunex Network’s crypto exchange provides a straightforward and secure way to trade these rising stars and more, with features that make crypto trading efficient and smooth.
Investor interest in Lunex Network is clear from its impressive performance. In less than eight weeks, the platform sold more than 2.1 billion $LNEX tokens, raising over $4.6 million. At a current price of $0.0038, $LNEX tokens have increased by over 216% since the presale launch, demonstrating the platform’s growing popularity among traders and investors. Don’t miss your chance to be part of the next big thing—join Lunex Network before it’s too late!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork