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🚀 Crypto Pepe Coin Looks Ready to Flip Shiba, But Lunex Network Activity Sparks Rush

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Undefeated_Lamba

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Pepe Coin Looks Ready to Flip Shiba, But Lunex Network Activity Sparks Rush



It’s crazy times in crypto! Indeed, it’s that time of year. With SHIB’s price not offering much promise, the PEPE coin seeks to dethrone SHIB, but its holders are beginning to cause a rally for Lunex.

What’s not to like? Lunex Network has outperformed expectations in presale, is growing at a premium, and offers impressive features.

Read more to understand the ongoing crazy crypto happenings.

Lunex: The hybrid DeFi attracting competitors’ holders in presale crosses the $4 million mark​


It’s not unnatural for underperforming cryptos to lose to performing ones; it’s different when performing cryptos lose to other performing ones, and that’s what is happening with Lunex.

Lunex Network stands out as a problem solver in DeFi. Using smart contract technology, Lunex addresses slippage and delayed transaction problems to enable seamless trades. With access to over 40 blockchains, Lunex enables quick asset swaps across over 50,000 assets while minimizing transaction fees.

In addition to trading, Lunex offers a robust staking system that allows users to earn up to 18% APY, providing an attractive option for those seeking passive income. Lunex also features decentralized governance, enabling traders and token holders to vote on new proposals and changes within the network.

Lunex is currently available for $0.0036, representing over 200% growth since the presale launch. Lunex Network continues to show that its project has captivated the hearts of thousands after selling 2 billion LNEX tokens and raising more than $4 million in less than 8 weeks!

Shiba Inu experiences a correction, and traders are on the move​


Despite a massive rally in the final weeks of November, SHIB holders are reportedly seeking more stabilized options following the SHIB correction and downturn since December 1.

SHIB’s price experienced a price drop of about 10% in the last 48 hours, just after breaking strong resistance levels and peaking at $0.000033. The RSI indicates that SHIB’s recent rise into overbought territory has triggered a cooling-off period.

Despite the decline, on-chain data shows that 73% of SHIB holders are still profiting at the current price level. Yet, SHIB’s recent downturn has called into question its sustainability, and several of SHIB’s whales are not sticking around.

PEPE coin holders remain unsure of the anticipated rally​


Despite meme coins generating huge buzz, with PEPE, BONK, and DOGE targeting over 1000% increase, PEPE’s holders are refusing to get carried away with the excitement. PEPE holders are questioning the potential factors driving these anticipated rallies.

According to the PEPE coin daily chart, its Moving Average Cross at 50,200 has formed a bullish golden cross, which indicates bullish momentum on the horizon. Yet, the RSI at 64.77, which indicates PEPE is close to overbought territory, spells caution, as a huge correction could cause unrecoverable losses.

Should PEPE maintain steady momentum, optimism, and rising trading volume, it might sustain its rally run, especially if it breaks the $0.0000021 and $0.0000025 resistance levels. However, if PEPE’s daily active addresses decline and it reaches the overbought level, the PEPE coin might go bearish, declining below its $0.0000018 support level.

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

Website:
https://Lunexnetwork.com

Socials: https://linktr.ee/Lunexnetwork



Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
 

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