Pepe Surges as Dogecoin Hits Highs, Lunex Network’s Revenue Sharing Draws Traders

For Lunex Network, the earliest investors have already seen their investments increase across the presale. With the presale still young, current investors can lock in tokens to take advantage of further price increases as the event progresses.

By Andy Watson

Edited by Julia Sakovich Nov 24, 2024 at 04:06 PM Updated Nov 25, 2024 at 04:08 PM

4 mins read

The meme coin market has experienced significant growth over the past few weeks. Particularly thanks to Donald Trump’s re-election as the US president and its subsequent bullish trend in the market. Dogecoin DOGE $0.35 24h volatility: 3.4% Market cap: $51.73 B Vol. 24h: $1.51 B and Pepe PEPE $0.000015 24h volatility: 4.6% Market cap: $6.38 B Vol. 24h: $889.73 M are among the top-performing coins, with DOGE surging by around 160% and the PEPE price increasing by over 80% in the past month.

While both PEPE and DOGE have been causing waves in the market, Lunex Network, a new crypto, has been running a massive presale. The new crypto project has raised almost $3 million during its initial coin offering (ICO), after showing traders exciting possibilities with its revenue sharing. Besides its early signs of success, let’s find out why traders are entering the Lunex Network ecosystem in droves.

Lunex Network Attracts More Traders with Its Revenue-sharing Model

Amid the meme coin frenzy, Lunex Network has been a shining star, showing the possibilities that utility tokens offer compared to meme coins. The new altcoin has been on presale, raising almost $3 million in no time.

What makes Lunex Network stand out from the competition is its approach – this is a hybrid model that addresses some of the most significant trading pains directly. Ditch the ideas of failed transactions, slow transactions, or high slippage; Lunex Network makes sure your transactions occur smoothly and rapidly. It is a breakthrough for those bored with typical crypto troubles.

Investors are also bullish on Lunex Network because of its unique revenue-sharing system that will see the decentralized finance (DeFi) token holders earn up to 18% annual percentage yield (APY) for staking their coins.

With nearly $3 million raised from the Lunex token’s $15 million soft cap, the ongoing presale presents a great opportunity to buy the utility coin at a discounted price of $0.0031.

DOGE Predicted to Reach $1 after Its Recent Bullish Trend

Meme coin investors are currently optimistic about the market’s potential. Many traders are stacking up on DOGE because of its status as the largest meme coin by market cap. As a result, the Dogecoin price has experienced a 3-digit growth, reaching about 160% in the last 30 days. Some experts believe that the increased interest in DOGE is fueled by the recent announcement of the Department of Government Efficiency (DOGE) by the new Donald Trump administration.

The department will be co-led by Elon Musk, a past Dogecoin influencer and pro-crypto billionaire. Following the news, DOGE investors became more bullish, which has caused an optimistic DOGE price prediction of $1. However, some experts argue that the meme coin is unlikely to reach $1 due to its lack of utility.

PEPE Returns Double-digit Rains in Month-on-month

PEPE has also been soaring as the broader meme coin market experiences stronger demand. The meme coin reached an all-time high price of $0.00002457 on November 14 after Coinbase and Robinhood announced they had listed the tokens on their cryptocurrency exchanges.

Considering their status as two of the world’s largest digital asset platforms, traders took an increased interest in PEPE, anticipating its post-listing pump. Initially, PEPE moved up by about 50% on the listing day, attaining the all-time high price mentioned above.

At the time of writing, the Pepe price is up by over 80% compared to the past month, but a market correction has caused its value to drop to around $0.000019. Will the PEPE bulls regain control of the market? Only time will tell.

Lunex Network Takes Charge This Bull Run

You can find more information about Lunex Network (LNEX) on the website and social media platforms.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.