Meme coins have once again come to the fore with Coinbase listing popular tokens like Pepe (PEPE) and Dogwifhat (WIF), which have seen significant price increases. However, investors have started to turn to a new project called Lunex Network. This project draws attention with its innovative solutions in the field of decentralized exchanges (DEX).
Pepe (PEPE) has reached a new high of $0.000022, up 74.5% in the last 24 hours. This major jump comes after Coinbase and Robinhood announced that they will list Pepe. This development has solidified the meme coin’s place in the broader crypto market and boosted its credibility. Currently, Pepe is the 14th largest cryptocurrency with a market cap of $9.5 billion, surpassing Chainlink, Bitcoin Cash, and Sui. It also saw a 262% surge in trading volume, accounting for around $21 billion in transactions. If this rally continues, it could overtake Shiba Inu and become the second largest meme coin.
Dogwifhat (WIF) is also showing a similarly strong rally. Dogwifhat is up 39.6% on the day to $4.19, with a 24-hour trading volume of 134%. Approximately 3.94 billion WIF were traded in total. Dogwifhat has garnered a lot of attention by having the same listing as Pepe on Coinbase. Given the current price action and general market sentiment, Dogwifhat is expected to enter a potential bull run after breaking its all-time high. The target price could reach $10 in the coming period.
Amidst all these developments, Lunex Network stands out as a new project that attracts investors. Lunex Network is described as a cutting-edge decentralized exchange (DEX) platform that can seamlessly trade on all major blockchains. Unlike other DEXs, Lunex Network uses smart contract technology instead of automated market makers (AMMs). This approach promises to provide higher transparency, lower slippage, and the best rates. By combining liquidity from different blockchains, Lunex Network solves one of the biggest problems in the DEX space.
According to its team, Lunex Network prioritizes the privacy and security of its users as a completely non-custodial platform. With no KYC verification required, new users can choose from 50,000 different assets and confirm their trades. The platform also offers advanced trading tools and comprehensive portfolio tracking applications, ensuring investors have a seamless trading experience.
A premium subscription service called Lunex Pro offers benefits such as advanced trading features and cashback bonuses, while a B2B payment gateway is also available for businesses that enables efficient crypto-to-fiat transfers.
One of the most striking features of the Lunex Network is the passive income opportunities it offers to $LNEX token holders. Users can earn staking rewards with up to 18% APY. In addition, a portion of Lunex’s revenue will be spent on purchasing $LNEX tokens from the open market and then redistributed to the community.
Lunex Network’s $LNEX tokens have raised $2.3 million in pre-sale proceeds to date. These tokens are currently being sold for just $0.0026, making them a very attractive opportunity for investors. If the token continues to grow in value, the growth potential for Lunex Network could be huge.
As a result, while meme coins like Pepe and Dogwifhat are gaining great interest in the market, innovative projects like Lunex Network continue to enter the radar of investors. The features and passive income opportunities offered by Lunex Network fill an important gap in the DEX field and may attract more investors in the coming period.
