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Memecoins GOAT and MEW See Huge Decline In Volume; Traders Seem To Be Switching To This Altcoin Hitting New Highs

Bitcoinist
by Bitcoinist
10 months ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Both Goatcoin and MEW, popular memecoins, have seen a sharp drop in trading volume recently, signaling a shift in trader interest. As these coins struggle to maintain momentum, traders appear to be moving toward an emerging altcoin that’s gaining significant traction, Lunex Network. Lunex Network is hitting new highs in its ongoing ICO, drawing attention with its innovative features and promising growth potential. With Goatcoin and MEW investors seeking better returns, the shift away from these memecoins towards Lunex Network shows no sign of slowing down.

Goatcoin loses 28% of its Value

Goatcoin has seen a significant drop in value, falling 28% from $44 to $31, causing concern among investors who are now searching for better alternatives. While one crypto trader managed to make $7.5 million trading Goatcoin, most investors haven’t been as fortunate. 

However, experts are hopeful that Goatcoin might rebound despite its bearish pattern in the previous week. Goatcoin has jumped 203% within the last thirty days and would probably need to break the $75 resistance to achieve its all-time high of $129. Experts predict this Goatcoin prediction could happen by Q1 2025.

MEW Gains 0.6% After a 14.36% Decline

MEW is a cat-themed cryptocurrency aiming to niche in a dog-themed coin market. With its cat mascot, MEW offers an alternative to more common dog-related tokens and appeals to users seeking new digital currencies. In the meme coin frenzy, MEW might succeed partially through innovation, community support, and widespread adoption.

MEW sells at 40.008217 and features a 24-hour trading volume of $127.7 million. It lost 14.36% last week but gained 0.6% within the last day’s trade. Analysts think MEW can recover its all-time high of $0.011 after its 45% surge in October.

Lunex Network is a Versatile Trading Platform for Cryptos, Stocks, Bonds, and ETFs

Lunex Network is a leading DeFi platform offering advanced features and different earning opportunities to its users. With access to over 50,000 cryptocurrencies, Lunex Network is unique in removing the KYC process, ensuring user anonymity and decentralization. This makes it a good platform for traders who like total simplicity and privacy.

As a non-custodial platform, Lunex Network allows users to trade directly with others without ever having to give up possession of their tokens, ensuring maximum security and autonomy. Unlike many decentralized exchanges that require time-consuming wallet connections, Lunex Network simplifies the process—investors can start trading immediately without linking their wallets. By eliminating the typical setup hassle, Lunex Network makes decentralized trading faster, more accessible, and convenient for all users.

With a transparent and secure trading environment powered by smart contracts, Lunex Network also offers a revenue-sharing model, allowing $LNEX token holders to earn up to 18% APY. This passive income opportunity, backed by the platform profits, encourages long-term participation, community growth, and token value appreciation as time passes.

Lunex Network also supports cryptos, bonds, stocks, and ETFs trading. Now in its fifth presale stage, $LNEX is priced at $0.0019 and industry experts anticipate a 1,800% appreciation. This potential is drawing big crowds of smart investors searching for high-growth ICOs.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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