PEPE Coin leads SHIB in weekly gains; While the new exchange token is growing by 350% surpassing both according to the Bitcoin world
World – The meme coin market is heavily driven by high optimism as many enthusiasts anticipate the massive surge that would occur when this year’s meme coin craze begins. In anticipation of that, smart investors are positioning themselves with Pepe (PEPE) which is showing signs of an outperformance (SHIB) at best.
In the past week, Pepe coin lost 14%, while Shiba Inu lost 8%. As investors consider Pepe, Lunex Network (LNEX) is also attracting a lot of attention in its pre-sale market due to its super-excellent performance and lucrative DeFi ecosystem that supports multi-chain asset exchange.
Pepe Coin is falling as its price shows a bearish trajectory
The price of PEPE has fallen by more than 14% in the past week, from levels around $0.00002096 to once again below the key range of $0.000019. This decline contributed to PEPE’s monthly price loss of 26.42%, however the token remains 37.16% lower than its all-time high of $0.000002825.
Currently, Pepe coin is trading within a range of $0.0000177 to $0.00002126 week to date. His trading volume has dropped by 30%, indicating reduced activity on his network. However, given its smooth trajectory in the last bull market, Pepe is one of the best meme coins with the potential for a higher price in the next bull market.
Top analyst, JAVON MARKS, recently spoke about how Pepe is showing great strength in the current crypto market. He further insinuated that Pepe is on track to reach the goal of $0.0000375. Another ChandlerCharts prediction is that Pepe could hit a target of $0.000042.
Shiba Inu price is falling, showing weak momentum
Shiba Inu (SHIB) has always been regarded as the best choice in the meme coin market with a strong community and new utilities poised for further growth. However, the dog-themed meme coin has been struggling to reach significantly greater heights of late.
Currently, SHIB is holding a weekly range of $0.00002061 and $0.00002282, while reflecting a monthly decline of around 18%. However, the Shiba Inu price has advanced slightly in the past week as it recently jumped 5% in the past week, fueled by a 46% jump in trading volume. This development further attracted almost 8% pump to its market capitalization.
According to The Moon Show, the Shiba Inu is still within the ascending triangle. The analytics site further hinted that Shiba Inu’s price is poised to reach a target of $0.000056. This will mean a huge jump in the price of the Shiba Inu, almost up to 147% compared to the current position.
The Lunex network is poised to dominate DeFi with its lucrative DeFi ecosystem
Due to its high interoperability and access to exchanges across more than 50,000 assets and up to 40 different blockchain networks, the Lunex Network (LNEX) presents itself as another multi-chain exchange platform with great growth potential. The new DeFi project attracted strong pre-sale interest by raising over $6.2 million, while progressing over 350%moving from $0.0012 to $0.0054.
The Lunex Network is mostly adored for its custody-free nature, which allows users to have full control over their assets, without the need to use third-party applications. In addition, Lunex Network provides its users with a portfolio tracking application so that they can track their crypto assets while also helping them update their market insights. The platform also rewards users from the revenue it accumulates from its exchange protocol.
Meanwhile, its native token, LNEX, adopts a deflation mechanism, meaning that its token supply decreases over time through a burning mechanism. This shows the Lunex Network as a top DeFi coin with significant growth potential as a decrease in supply will certainly cause the value to increase due to high demand. Currently, more than 2.4 billion of these tokens have been pre-sold, highlighting its growth potential in the DeFi market.
Can Lunex Network Reach and Exceed Shiba Inu’s Market Cap By 2025?
As a robust DeFi project with an innovative and lucrative ecosystem, deflationary tokenomics and rapid pre-sale growth, Lunex Network certainly has the potential to rival Shiba Inu’s market cap by 2025. However, this will depend on sustained investor interest and its ability to scale within a competitive DeFi market.
More information about the Lunex Network (LNEX) can be found here:
Website: https://lunexnetwork.com
Social networks: https://linktr.ee/lunexnetwork
