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Cryptocurrency News Articles

Bonk (BONK) and Pepe (PEPE) Recorded Triple-Digit Monthly Increases, but a Newcomer Is Making Waves with Its Innovative Framework That Could Disrupt the DEX Landscape

Nov 25, 2024 at 05:00 pm

Bonk (BONK) and Pepe (PEPE) recorded triple-digit monthly increases. However, according to trader Bluntz, their momentum is far from exhausted as they both appear ready for the next leg up, which could send them to new heights in 2025.

Bonk (BONK) and Pepe (PEPE) Recorded Triple-Digit Monthly Increases, but a Newcomer Is Making Waves with Its Innovative Framework That Could Disrupt the DEX Landscape

Meme coins Bonk (BONK) and Pepe (PEPE) have both recorded triple-digit monthly increases, far outpacing the gains of Bitcoin and Ethereum. But according to trader Bluntz, their momentum is far from exhausted as both appear ready for the next leg up, which could send them to new heights in 2025.

Meanwhile, a newcomer is making waves with its innovative framework that could disrupt the DEX landscape. Let’s talk about Lunex Network.

Bonk Is Now Consolidating Around It’s All-Time High

Bonk (BONK) rose by over 18% over the last week, overtaking Dogwifhat as the fourth largest meme coin on the market, with $3.7 billion in market capitalization. At press time, Bonk sells for $0.000049 showing a slight 3.2% daily decrease, as it entered a cool-off phase. This recent surge in Bonk’s price came right after the listing on the UpBit exchange, which further expanded Bonk’s presence on the market.

Yesterday, crypto trader Bluntz shared a chart reading on X that detailed Bonk’s bullish price structure which could soon see it soaring to a new peak. However, Bonk must flip into support the crucial $0.000058 resistance level, as this is where it previously experienced a rejection.

Pepe Is Rangebound But Buying Pressure Is Mounting

Pepe (PEPE) became one of the biggest meme coins in record time and judging by its current trajectory, it looks like it’s eyeing Shiba Inu’s second place on the meme coin totem pole. Today, Pepe trades at $0.000021 with a 1.2% intraday increase and a 22% drop in trading volume, or roughly $4.16 billion worth of PEPE traded in the last 24 hours.

In a post on X, trader Bluntz, has pointed out that now Pepe is tapping into a high-liquidity zone where demand is significantly higher. This means that once this move is complete, Pepe could soon enter escape velocity and reach a new all-time high, much higher than its previous top at $0.000025.

How Lunex Network Redefines DeFi

With DeFi still being a relatively young market in the crypto sphere, there is still opportunity for great returns. However, the space has been plagued by a wide array of issues that have stunted its widespread adoption: liquidity, high fees, slow transaction speed, and poor interoperability between blockchains.

Lunex Network solves at once all of the issues that have slowed down DeFi adoption, namely liquidity, high fees, and sub-optimal interoperability between blockchains. This is thanks to Lunex Network’s cutting-edge cross-chain protocol that seamlessly integrates over 50,000 different assets and supports all major blockchains, including Tron, Solana, and Bitcoin. Users will be able to perform near-instant swaps at the lowest possible fees. Slippage is also minimized as Lunex Network sources liquidity from the various blockchains.

Moreover, users will also enjoy complete privacy as Lunex Network requires no KYC verification, making it impossible for one’s data to be compromised. No third-party wallet is required either, to perform a transaction, users just need to select the pair, provide an address, and confirm.

Lunex Network will also offer an exclusive DeFi crypto wallet and a portfolio management app, allowing users to track multiple asset classes including crypto, stocks, bonds, and many more.

One of Lunex Network’s star features is the revenue-sharing mechanism powered by the native $LNEX token. Users will enjoy up to 18% APY as a reward for staking the token on the platform. To sustain this, Lunex will perform open market buybacks of $LNEX by reinvesting a portion of its weekly revenues. These tokens will then be redistributed to holders.

So far $3 million has been raised in the ongoing presale of the $LNEX token, which is now priced at $0.0031. With an incredible array of features that wait to be explored and its revolutionary reward system, Lunex Network could be a great addition to any future-proof portfolio. The best time to get involved? Today!

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

Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork

News source:bitcoinist.com

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