Despite Market Volatility, Pepe and Bonk Are Poised to Rise Soon, While Lunex Network Continues to Appeal to Investors

Pepe market indicators are flashing buy signals triggered mainly by the increasing whale accumulation of the meme coin. Having reached $0.00002825 ATH

Pepe and Bonk crypto are set to continue their bullish runs in 2023, with analysts predicting new all-time highs for both meme coins. At the same time, a new web3 DeFi crypto exchange is quickly becoming a favorite among investors. Having raised over $5.4m in cryptocurrency ICO funding, the new DeFi project is poised to take on the $117B DeFi market, with analysts predicting 40x rallies before launching.

Pepe Coin Price Pattern Could Trigger Breakout

Pepe Coin (PEPE) is showing promising technicals that could lead to a breakout. Being one of the top memecoins by market cap, Pepe has caught the attention of several crypto analysts. According to Chandler Bing, Pepe is forming a cup and handle pattern on the 1-hour chart. Bing thinks the breakout could hit a potential target of $0.000031.

Another analyst, CryptoElites, is bullish on Pepe, highlighting a major breakout on the 4-hour chart. According to the tweet, the price targets are $0.0000437, $0.0000728, and $0.0000463. Interestingly, a major breakout is around the corner with the increasing whale accumulation, as spotted by Lookonchain.

Based on CoinMarketCap data, Pepe's trading volume has surged by over 75% in the past few days, and the market cap has reached $10B. The technical indicators are also promising, and the market sentiment is bullish. Although most of the oscillator indicators are neutral, the moving averages are positive.

Bonk Coin Set for Breakout Amidst Bullish Rally

Bonk (BONK) is experiencing a slight correction after witnessing sharp growth in November. Stats from CoinMarketCap show that Bonk's price increased by 58% in the past month but has dropped by 13% in the past week. Despite battling the bear trend, the market activity has continued to grow as traders buy the dip.

Andrew Griffiths, a popular crypto analyst, observed that Bonk crypto is forming a symmetrical triangle pattern and has broken out. According to Andrew, the Bonk token price is above the 7-day MA, indicating the next bullish direction. The expert target is $0.00012, with resistance at $0.000065.

Also, Natalie Dormer is bullish on Bonk, highlighting a breakout on the 1-hour chart. According to Dormer's tweet using the Bonk price chart, Dormer projects a modest rise to $0.000054. Like other meme coins, Bonk price volatility is high, at 15%. Although the market sentiment is neutral, the Bonk fear and greed index shows 78 (extreme greed).

Lunex Network Cryptocurrency ICO Funding Nears $5.5M

Lunex Network (LNEX) is quickly becoming one of the favorites for investors interested in solving major DeFi problems. Designed with unique cross-chain capabilities, Lunex Network will allow for easy buying, selling, and swapping of digital assets. Unlike other exchanges with rigorous KYC checks, Lunex Network doesn't require such as all you need is the receiving address.

While the likes of Pepe and Bonk are battling the bear trend, Lunex Network's price is rising steadily. Investors that bought at stage 1 have already made over 300% ROI as the price jumped from $0.0012 to $0.0048. The presale funding has also hit $5.4M and could reach $5.5M in the coming days.

One of the driving factors is the fantastic features of the ecosystem. At the mobile exchange, traders can spot over 50k trading pairs across multiple blockchains at the lowest cost. Aside from crypto trading, the Lunex Network ecosystem integrated unparalleled asset management, innovative tools, and multi-currency staking. This allows traders to stake cryptos like Bitcoin, Ethereum, etc.

There is also a unique profit-sharing model designed to reward LNEX token holders. As a deflationary token, all list fees will be paid in LNEX, increasing buying pressure. Also holding the DeFi token also grants users transaction discounts. With the listing of the token expected soon, the LNEX price could jump to $1 in the coming months.

Which Top Crypto Coin Will Offer High Returns Today?

Pepe Coin is tipped to break out soon, having formed the cup and handle pattern. Being one of the top cryptocurrencies, Pepe has attracted the attention of several crypto analysts. At the same time, Bonk is also primed to reach a new all-time high as its bullish run continues.

Although these top cryptocurrencies are on the uptrend, investors' interest is tilting towards Lunex Network, a new DeFi project on the path of revolutionizing the entire DeFi landscape