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While top meme coins like PEPE and BRETT are certainly no pushovers, Lunex’s upward momentum continues to woo their investors. This hot new crypto is pervasively driven by its tokenomics, closing in on $2 million in revenue generated in its fifth presale round. Read on to find out more about this hot new crypto sensation.
Spectacular cross-chain feature enhances Lunex’s operational capabilities
Lunex Network stands out as one of the hot new cryptos in the market. The network embodies several compelling features, starting from the value of its token built on a Layer-1 Web3-compatible multi-chain bridge. This bridge simplifies the movement of assets and data between multiple and diverse blockchain ecosystems.
This feature grants Lunex an edge, making it outpace established competitors with the limitations of isolated blockchain networks. Beyond a spectacular cross-chain capability, Lunex enjoys a robust staking and revenue-sharing formula.
Token holders typically benefit from staking Lunex tokens while receiving returns funded through trading fees on the platform. Lunex’s buyback, burn, and stake mechanisms create demand and help increase token value.
Priced at $0.0019 per LNEX token and expected to soar 100x by December, it also offers a revenue-sharing model to incentivize investors while promoting long-term participation. With this, Lunex token holders can earn up to 18% annual percentage yield (APY) on their staked assets.
Pepe ($PEPE) momentum subsides — Can the frog bounce from here?
PEPE is a meme coin built on Ethereum and inspired by Matt Furie’s Pepe, a frog meme. Following the successes of top meme coins like Doge and Shiba Inu, PEPE distinguishes itself with its no-tax policy and no utility transparency.
As a result of these features, PEPE enjoyed an impressive bullish run and has surged over 710% since its launch. However, the token has been experiencing a slight dip lately. This struggle is linked to Ethereum’s recent underperformance. Nevertheless, some analysts expect a potential 300% relief rally for PEPE, dependent on overall crypto market conditions.
Notably, a prominent analyst, Chandler, projected a 5x rally by December 10, with predictions reaching $0.0000550 based on a breakout from a descending triangle pattern. An 8% price pump suggests that the PEPE coin could soon break out of this consolidation.
BRETT sharp rebound eliminates investors’ concerns
BRETT demonstrates positive market momentum with a 2.92% daily gain in the first week of November. This sharp rebound indicates a potential bullish sentiment.
Although BRETT has experienced varied fluctuations, many market participants remain optimistic about its potential to reach the $1 target. It is important to note that BRETT has undergone a retest of its gains, which is a typical occurrence in the meme coin market and indicates price sustainability.
This pattern suggests potential for a further 69% price appreciation, pointing to a more measured and sustainable growth trajectory. BRETT’s value is expected to increase once it crosses $10 billion in total supply.
This will place it firmly among top meme coins like dogwifhat and PEPE. Ultimately, doubling its current market cap could elevate BRETT into the top five meme coins, narrowing the $600 million gap with established competitors such as Bonk and Floki.
Emerging meme coins like PEPE and BRETT boast tangible strengths like a massive community, but Lunex’s rise indicates a broader shift in the DeFi community as it strives to meet DeFi demands.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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