Mixed Results for SHIB and PEPE, Lunex Network Rockets Forward with Low-Cost Advantage

Shiba Inu price SHIB $0.000014 24h volatility: 8.1% Market cap: $8.33 B Vol. 24h: $245.52 M has surged a paltry 7.6% as wild predictions put SHIB price at 100x from its current rate despite the meme coin craze cooling off. Shiba Inu price has sustained critical support at current rates, but onlookers are starting to lose faith in the dog-themed meme coin amid waning upward momentum. Pepe PEPE $0.000009 24h volatility: 5.3% Market cap: $3.75 B Vol. 24h: $757.48 M is also registering mixed signals even after surging to a new all-time high a few months ago.

Meme coins aside, Lunex’s crypto presale is pioneering the world’s first DEX with deep liquidity. So far, investors have raised over $1.8 million in support of Lunex’s upcoming DEX and aggregator capable of over 50,000 currency pairs. More crypto enthusiasts are shifting away from CEXs to DEXs, and Lunex stands as a gateway into the world of DeFi. Analysts predict that LNEX could gain 100x when it launches.

Lunex Registers Overwhelming Support from Investors, Raising over $1.8 Million

Lunex is disrupting the DeFi world with a first-of-its-kind multi-chain bridge that leverages non-custodial wallets to enable users to access deep liquidity pools across more than 50,000 currency pairs.

Thanks to Lunex’s seamless liquidity, users can enjoy speedy transactions with minimal slippage on Lunex’s DEX. Lunex’s cross-chain processing is fine-tuned to fit the standards users have come to expect on centralized exchanges. This means that regular users no longer have to navigate complex DEXs just to make a swap. They can easily trade at lower fees while retaining anonymity. What’s more, LNEX holders can enjoy making decisions about Lunex’s trajectory thanks to the fact that the LNEX token can also be used as a governance token.

Other perks include the platform’s cashback rewards. A portion of Lunex’s revenue will be distributed to LNEX holders, and another portion will buy back LNEX from the open market, further boosting LNEX’s upward price trajectory.

Shiba Inu Price Moves Sideways after a Major Pullback

Shiba Inu’s price kicked off the year with a meteoric gain, going from a paltry $0.00000119 to $0.000036 in a matter of weeks. After a strong performance, however, the dog-themed meme coin registered a price correction that placed SHIB at its current rate, which is 79% lower than Shiba Inu’s ATH. It remains to be seen whether SHIB will rebound; however, analysts are still optimistic about an uptick in the near future.

PEPE’s Previous Momentum Cools Off as Price Dips 5%

PEPE’s frog-themed meme coin also had a good run early this year. The meteoric rally saw PEPE holders laugh all the way to the bank amid PEPE’s price reaching an all-time high of $0.00001717. At its current price, which marks a 47% drop from its ATH, PEPE holders are starting to look for greener pastures, among other meme coins. Could this be the end of PEPE’s bull run?

Conclusion

Shiba Inu price and PEPE are starting to lose their bullish momentum now that the meme coin craze is fading. It remains to be seen whether these two giant meme coins will rebound. For now, attention is shifting towards crypto presale tokens in the DeFi space. Lunex is tipped to surge thanks to its capacity to provide liquidity among DEXs.

You can find more information about Lunex Network (LNEX) on the website and social media accounts.

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