in ,

Not PEPE or WIF, this altcoin shows potential for significant returns on investment

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Lunex Network is rising as a promising altcoin, surpassing hype coins like PEPE and WIF with its utility and staking options.

Table of Contents

Lunex Network is rapidly emerging as a breakthrough altcoin, outshining hype coins like Pepe (PEPE) and Dogwifhat (WIF). With its advanced cross-chain capabilities and lucrative staking options, Lunex Network offers investors a unique opportunity for significant returns. Unlike many memecoins, Lunex Network focuses on real utility and long-term growth potential, making it a top choice for serious investors.

Pepe continues to surge 

Pepe coin has seen significant gains this week. Pepe recorded over 40% price increase, climbing from $0.0000080 to a weekly peak of $0.000013. This surge has greatly improved the coin’s monthly performance, which now shows nearly a 50% price gain after dropping below $0.0000056 earlier in the month.

With this recent increase, Pepe is approaching its five-month all-time high (ATH) of $0.000017. The year-to-date (YTD) price gain for Pepe now stands at about 1,280%.

Dogwifhat rises to 4th largest memecoin

Dogwifhat (WIF) jumped by 18% in the past month, while other memecoins struggled to gain ground. This performance made Dogwifhat the fourth largest memecoin. Dogwifhat gained 11.29% last week and currently trades at $1.67. 

However, technical indicators reflect caution despite recent gains. The relative strength index (RSI) is 50, signaling selling momentum. This may curtail further upward movement in the short term. The hype around meme coins can whip up quick price changes but investors should still be vigilant. 

As Dogwifhat gains steam, some investors predict a new ATH is possible. If broader market trends continue to be favorable, Dogwifhat might break its recent price barriers. For now, Dogwifhat investors should monitor market developments and technical signals as they navigate this volatile market.

Lunex Network simplifies DEX transactions for traders

Previously, DEXs were inaccessible to many users due to their complexity and unfriendly interfaces. Today, Lunex Network is changing transactions for DEX users by offering fast, cheap, and anonymous services through its secure and user-friendly platform. Whether traders are splitting deals across platforms or managing their assets, Lunex Network ensures everything runs smoothly with advanced AI and machine learning capabilities.

One of the most appealing features on Lunex Network is the ability to stake tokens. Users can earn as much as 18% APY as staking rewards. This staking reward is an attractive motivation for users to hold LNEX tokens and get involved in the platform. Lunex wallet is another feature that allows users to store cryptocurrency and perform decentralized finance (DeFi) activities like staking, lending, borrowing and trading.

The platform’s community ownership program ensures that new revenue is reinvested into the hands of holders through open market buybacks. Half of these buybacks will be distributed as staking income, featuring industry-leading annual percentage yields (APYs). The remaining funds will be used to reward users’ engagement on the platform.

LNEX sold out its first-stage crypto presale tokens in just 72 hours. Furthermore, over 25% of Stage 2 tokens have already been purchased within hours of its launch. Early investors are positioned for substantial gains as the LNEX tokens continue to sell for 0.0013. 

For more information, visit the Lunex Network official website or join the online community for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

This article first appeared at crypto.news

What do you think?

Written by Outside Source

Crypto Markets Bleed $150 Billion in 2 Days as Bitcoin (BTC) Slumps Toward $60K (Market Watch)

XRP’s Fundamentals Are Still Solid Despite SEC’s Appeal in Ripple Lawsuit: Analysts