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Cryptocurrency News Articles

Lunex Network (LNEX) Outshines Memecoin Market with 350% Gains in Early 2025

Jan 15, 2025 at 08:27 pm

Memecoins like Shiba Inu and Pepe have taken a massive hit since the start of 2025. Shiba Inu is experiencing panic selling because of an ominous death cross formation while Pepe recorded $287 million worth of liquidations.

Lunex Network (LNEX) Outshines Memecoin Market with 350% Gains in Early 2025

Shiba Inu (SHIB) and Pepe (PEPE) have both experienced significant declines in value since the beginning of 2025. Shiba Inu has lost around 20% from its January high of $0.000025, largely due to an impending death cross formation on its 12-hour chart.

This sell signal, coupled with the token’s price dropping to a critical support level, has triggered panic selling among Shiba Inu holders, leading to another 11% decline. However, the token’s daily chart suggests further bearish tendencies, with Shiba Inu currently trading below all of its Exponential Moving Averages.

Moreover, Shiba Inu’s RSI has also been consistently declining, indicating a possibility of the token soon sliding down to the S2 psychological support at $0.00000942.

On the other hand, Pepe saw a total of $287 million in liquidations as the token’s price dropped 30% over the past month. However, two Pepe whales have made massive purchases in the past 24 hours, combining for a total investment of $8.72 million.

Despite this buying activity, Pepe’s price hasn’t seen any significant increases in the last 24 hours. At press time, Pepe was trading for $0.00001648 after an intraday decrease of 7.24%. Although Pepe is trading above its 200-EMA, the token’s MACD Level and Momentum Indicator are still showing strong sell signals.

For Pepe to make a promising comeback, its price needs to break above the critical pivot level at $0.00002089.

Meanwhile, a new altcoin is gaining momentum in the market. Lunex Network’s new DeFi trading platform is outshining the memecoin market with its massive potential for growth.

Unlike traditional DEXs and CEXs, Lunex Network offers cross-chain interoperability at the lowest possible cost per transaction.

This Web3-powered ecosystem leverages smart contracts to deliver the most efficient trading experience to users. The platform gives traders instant access to 50,000+ crypto pairs across 40 different blockchains without charging a penny as additional trading fees.

To further enhance its appeal, Lunex Network’s smart contracts split every trade across different networks to source deep liquidity. With this unlimited liquidity, users can trade thousands of cryptocurrencies with tight spreads and zero slippage.

Lunex Network’s commitment to user experience is truly evident in the platform’s Noncustodial Crypto Wallet and Portfolio Tracker. Users can store and track their stocks, bonds, ETFs and tokens on Lunex Network’s mobile exchange and make informed investment decisions that help maximize their earnings over time.

The benefits don’t end there as Lunex Network also offers cashback rewards on every transaction. To earn a weekly passive income, users can add $LNEX to their staking pools and start earning up to 18% annual APY in as little as 30 days.

This feature applies to Lunex Network’s ongoing presale as the platform delivers LNEX tokens to early investors as soon as their purchase is completed.

Lunex Network has already managed to accumulate more than $6.366 million in presale, making it one of the biggest ICOs in 2025. LNEX’s current selling price of $0.0056 is a massive steal as market experts project up to 1800% gains for the token within the next few weeks.

Disclaimer:info@kdj.com

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Other articles published on Apr 03, 2025