Pepe is poised to outshine Dogecoin in the next meme coin cycle while Shiba Inu’s massive token burn strategy is likely to push the token’s price upwards. Meanwhile, Lunex Network is attracting whale attention by raising over $3.1 million in record time.
Pepe (PEPE) to Outshine Dogecoin in Upcoming Meme Coin Cycle
Pepe’s price was trading sideways for the last few months until the massive post-election rally turned the tables in favor of the meme coin market. Since Pepe’s value has already jumped by 123.18% over the last 30 days, analysts believe Pepe’s ongoing uptrend is likely to continue until the end of Q4. Even CEO of BecauseBitcoin Max Schwartzman has turned bullish on Pepe with his prediction that Pepe’s price will outshine Dogecoin’s gains before the end of 2024.
Pepe is currently trading for $0.00001982 after an intraday increase worth 1.21%. Although Pepe’s volume has crashed by 27.09% in the last 24 hours, this can be attributed to Pepe’s MACD line falling below the signal line. Since Pepe is still trading above all of its Simple Moving Averages, analysts expect Pepe’s price to test the $0.00002503 resistance soon.
Shiba Inu’s (SHIB) Token Burn Strategy to Push Price Towards $0.001
Shiba Inu recorded a 53.24% increase in its value over the last 30 days but it is still nowhere close to its explosive rally in 2021. While some analysts believe that the Shiba Inu ship has sailed already, others are positive about Shiba Inu’s strong fundamentals pushing the token’s price to new highs. Since Shiba Inu’s burn rate has already spiked by 6,223%, analysts believe that the limited SHIB supply is likely to have a deflationary impact on its price.
Shiba Inu is currently trading for $0.00002556 after an intraday jump of 2.18%. Shiba Inu’s volume has decreased by 50.24% over the last 24 hours which typically suggests a steep decline in network activity. Since Shiba Inu’s RSI is still far from the overbought level, analysts believe there is more room for Shiba Inu to surge towards the $$0.00002640 resistance.
Lunex Network (LNEX) To Mirror Meme Coin Hype with Explosive Presale
Lunex Network is targeting the gains of both PEPE and SHIB with its viral presale that has already raised more than $3.1 million in record time. Although the meme coin market is experiencing a resurgence in Q4’s bull market, analysts are still optimistic about low cap altcoins like Lunex Network dominating the market during the upcoming altseason. If these optimistic predictions stand true, Lunex Network is poised to deliver up to 1800% ROI to early investors ahead of its official launch in early 2025.
These bullish predictions are mainly fueled by Lunex Network’s unique strategy to combine decentralized and centralized trading features on a single noncustodial platform. By bridging the gap between isolated blockchains and enabling seamless communication between heterogeneous chains, Lunex Network is broadening the entire crypto ecosystem’s growth and real-world adoption.
To make things even better, Lunex Network has no KYC verifications on its signup process. This means new traders can sign up with a valid email address, select any two tokens to swap and enter a recipient wallet address to receive their new cryptocurrency in minutes. Thanks to Lunex Network’s smart contracts, every trade executed on the platform is 100% slippage-free, transparent and only costs a fraction of what other DEXs are charging. Since Lunex Network’s smart contract is already audited and verified by SolidProof, traders can rest assured that their funds are stored securely.
If these trading features weren’t enough, then Lunex Network also has an attractive revenue sharing model that incentivizes long-term holding. Every week, Lunex Network reinvests 18% of its profits to purchase LNEX tokens on the open market. While this buyback mechanism creates organic buying pressure and drives LNEX’s price upwards, the platform uses the repurchased tokens to distribute staking rewards with up to 18% APYs to long-term holders.
For now, Lunex Network is selling its native LNEX token for a low price of $0.0031 with analysts already predicting a major price jump before the end of this week.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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