Pepe Coin performed incredibly overnight due to its highly anticipated Binance U.S. listing. The recent uptrend has boosted its market cap above $9 billion, cementing its position as the third-largest meme coin. After smashing its all-time high, Tron’s price has declined sharply, reversing some of its gains from last week’s rally.
But wait―Lunex Network (LNEX) is quietly stealing the spotlight, fueling the bull market with its revolutionary DEX protocol. Currently in its presale phase, Lunex is available at $0.0048 and has already raised over $5.4million. For forward-thinking investors hunting for the next big crypto opportunity, this might just be it. Let’s uncover why these altcoins are making headlines.
LNEX Price Upswing: Is The $1 Milestone Within Reach?
Lunex Network (LNEX) is leading the crypto presale hype, and justifiably so, the project offers exceptional privacy and security― each transaction is securely executed on-chain without needing personal information. Lunex users can confidently trade and be assured their investments are safe. Moreover, its aggregator protocol procures liquidity from multiple exchanges to ensure the best possible prices.
The move has enhanced trading efficiency and fluidity for casual and experienced traders in the market. It also offers sophisticated performance analytics directly to data enthusiasts, utilizing real-time data and predictive market research to ensure users attain the necessary skills to make informed decisions. What’s more interesting is its revenue share model, where tokens are repurchased and redistributed to Lunex holders.
Lunex is preparing to enter the DeFi market, which is expected to reach USD 231.19 billion by 2030. Grabbing even the tiniest share of this market can bolster LNEX valuation exponentially, potentially reaching $1 sooner than expected. Meanwhile, Lunex holders anticipate another price surge as investors continue to be bullish about it.
Tron (TRX) Price Plunges: Will It Rise Back Again?
Amid the wide market correction, TRX’s price continues to display negative price action, paring off some of its gains over the past few days. The altcoin is presently trading at a discount of over 30% from its ATH. This indicates a strong bearish reversal and technical indicators align with this sentiment.
Its simple moving average (SMA) is on track to display a bearish crossover in its daily time frame. This could be interpreted as increasing market sell-off pressure for the altcoin. Notably, its RSI has also recorded a downtrend, and its average has posted a negative convergence. This indicates a negative outlook for the TRX coin for the week. But will Tron’s price rise back again?
Tron must hold gains above the $0.30 support to set the stage for an upward movement towards the $0.350 resistance level. If the token sustains a bullish sentiment, it could retest its upper resistance level near the $0.40 level in December. However, if the altcoin fails to hold above the $0.30 level, it could retest the $0.250 support level. Any additional losses could push Tron’s price towards the $0.20 mark.
Pepe Price Analysis: Can It Hit $0.000035?
The Binance. US listing has renewed enthusiasm for Pepe Coin (PEPE) and has propelled its market capitalization above $9.0 billion. This triggered a rally of over 20% in the past week. Moreover, the PEPE meme coin has rallied by an astonishing 1444% on its YTD chart, fueled by whale activity in its market.
Data reports that whales have accumulated over 10 trillion PEPE tokens, decreasing exchange supply and fostering a potential rally. Technical indicators suggest that the price of PEPE has formed a bullish pennant pattern, indicating a 50% rally toward the $0.000035 level if the token manages to clear the $0.000025 resistance level.
However, if PEPE’s bullish momentum is contested and fails to break above this level, it could retrace to the $0.000020 mark. In any case, PEPE crypto’s rapid ascent and new exchange support have positioned it as a formidable contender. However, it must prove its staying power in a highly competitive crypto market.
Lunex Presale Takes Off
While Pepe and Tron continue to navigate market correction, Lunex presale has quickly shaken up the DeFi market, fueled by its standout cross-chain functionality, trader-focus features, and growing demand. These key drivers could trigger wide adoption, setting the stage for a potential market shake-up.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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