The quick, noticeable rise of meme coins gives investors broader options. Notably, POPCAT, a popular meme coin built on Solana, hit a new ath of $1.81 in late October, while WIF also extended its bullish run with an 8% increase overnight.
Meanwhile, Lunex Network, one of the top cryptos to watch out for, continues to make headlines, given a 55% increase over three weeks. What’s driving these gains, and are they sustainable? Read more to find out.
Lunex rewards incentivize crypto whales
Lunex Network has rapidly emerged as one of the top cryptos to watch out for in the DeFi ecosystem. The platform is poised to introduce easier ways of trading in DeFi with its noncustodial Web3 platform that features a multichain bridge network.
The Lunex Network features an institutional-grade liquidity aggregation protocol that provides traders with endless liquidity. With it, users can trade thousands of crypto pairs with tight spreads in a fast, secure, seamless, and cost-effective ecosystem.
In addition to platform efficiency, Lunex Network enjoys an especially attractive revenue-sharing formula. A proportion of revenue collected is used to buy back Lunex tokens from the open market, and then 40% is redistributed to Lunex token holders. Lunex Network offers an attractive 18% APY, making LNEX a rare passive income-generating gem in the DeFi ecosystem.
Moreover, Lunex token holders receive discounts on transaction fees and gain access to liquidity. In light of these features, it is no surprise that investors are flocking to Lunex Network. Lunex has raised $1.8 million and sells for $0.0019 in its presale.
Popcat reaches a new high and becomes Solana’s second-leading meme coin
POPCAT takes inspiration from a domestic short-haired cat named Oatmeal, whose endearing habit of repeatedly opening and closing its mouth has captured the attention and affection of countless online users.
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POPCAT reached a new ath price of $1.75 and has now exceeded $1.6 billion in market capitalization, becoming the second-largest Solana meme coin. POPCAT consolidates a period of impressive growth sustained across the year.
POPCAT has soared by almost 6000% since its launch in December last year, and upward momentum remains on the horizon. Analysts remain bullish on POPCAT despite concerns of volatility, as technical indicators suggest a sustained bullish run, with further gains predicted by the end of the year. POPCAT’s optimism is driven by favorable macroeconomic factors such as the imminent U.S. interest rate cut.
DogWif: Another meme coin on the rise, eyeing a breakout!
WIF is a meme coin based on the Solana blockchain. Unlike traditional currencies designed for practical and specific purposes, WIF is a purely speculative digital asset. It has a limited supply of over 999.85 million WIF tokens, but this scarcity is not tied to practical applications or utility.
Instead, WIF represents the essence of a meme coin – an asset that thrives solely on the enthusiasm and support of its community.
WIF reached an all-time high of $4.85 in March but has witnessed a slow momentum since. However, things are changing. WIF gained a considerable rise over the week, driven by the sheer force of the WIF community.
While POPCAT and WIF are predicted to surge, Lunex’s unique approach to the DeFi community industry sets it apart as the next big crypto sensation. Fortunately, the presale is still open, so hurry to join now!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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