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Cryptocurrency News Articles
Investors Snub 300% Returns From Dogecoin and Pepe Coin As Analysts Tip Lunex Network (LNEX) For 30,000%
Sep 25, 2024 at 08:00 pm
Meme coins were white hot when they first came out, but they have lost their shine. As hot new crypto coins, Memes ruled the roost, but ultimately, if you do not have anything to back you up, you will fall.
Investors are being urged to snub the likes of Dogecoin and Pepe Coin, despite their predicted 300% returns this bull run, in favor of Lunex Network (LNEX), which is predicted to return 30,000%.
Meme coins had a good run when they first came out, but their popularity has waned. Memes were the hot new crypto coins, but if you don’t have anything to back you up, you will eventually fail. However, meme coins Dogecoin and Pepe Coin appear to be persisting, with some optimistic analysts predicting a 300% return this bull run.
Others are skeptical, but even if Dogecoin and Pepe achieve 300%, it still falls short of Lunex Network’s predicted 30,000% return. Let’s investigate further.
Dogecoin (DOGE): The king of meme coins loses out
Only in the realm of cryptocurrency can a 300% gain be regarded as a lowball figure. Dogecoin is currently trading at around $0.10, and Coincodex predicts that it will reach $0.40 by New Year’s Day.
Request those rates from a bank and you’ll be laughed out of the building. In the world of traditional finance, a 300% gain over three months is considered absurd. In the realm of crypto, we refer to it as an average day for meme coins.
But even a 300% return is a minimal gain for a token like Dogecoin, which is currently trading at a mere 14% of its ATH. Despite rising 300%, Dogecoin will barely make a dent in recovering the value it lost during the meme coin craze of 2021.
Pepe Coin (PEPE): A big gun loses half its value
When Pepe Coin arrived as a hot new crypto in 2023, nobody paid any mind to it. They should have. Pepe Coin demonstrated the appeal of meme coins by generating several million percent in returns over a few months.
Pepe Coin’s incredible returns dwarfed even Shiba Inu, transforming nominal investments into billions—but only if you entered early and sold at the peak. Pepe Coin has not crashed like many other meme coins, but it is now trading at 50% of its ATH, making it only half the coin it once was.
Like Doge, Pepe is also expected to gain 300% by year-end, but the same logic applies: why settle for 3x when 3000x is available?
Lunex Network (LNEX): A hybrid exchange with a hot new crypto in presale
Lunex Network is not just another hot new crypto; it is a game-changer. Lunex has a use case baked into its DNA, unlike meme coins that ride waves of hype with no real-world value.
Lunex Network enters the crypto arena as a new decentralized cross-chain crypto exchange that not only facilitates trades but also combines the best aspects of decentralized finance and traditional exchanges, resulting in a platform that is secure, fast, and built for serious growth.
This is in addition to a diverse range of products within their ecosystem, including the Lunex Wallet, Portfolio Tracker, Crypto to Fiat Debit Cards, and B2B Merchant Services, which could facilitate a new wave of adoption from real-world businesses into the crypto space.
The LNEX token is jam-packed with utility, offering reduced fees when trading via the exchange and swapping crypto, users also earn a portion of the revenue generated from the protocols fees. There is also a governance aspect which allows holders to vote on proposals within the ecosystem and then not to forget you can also stake your LNEX for APY up to 18%.
While Dogecoin and Pepe Coin may provide a quick thrill with their projected 300% gains, Lunex is expected to achieve far greater success. Analysts are paying attention to this hot new crypto for a reason: it has substance, unlike meme coins.
As meme coins valiantly attempt to maintain their relevance, Lunex is quietly positioning itself as the smart choice for those seeking to ride the next big wave in crypto—without the fluff.
Currently, in its first stage of presale, Lunex Network is now available at $0.0012
You can find more information about Lunex Network (LNEX) here:
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