An explanation of the key features of Lunex Network ($LNEX), and why the currency is set to increase in value, while memecoins PEPE and BONK are set to decline.
The cryptocurrency world is full of wacky creations that have often been designed for a laugh and a gamble based on community speculation. Meme coins like PEPE and BONK are two such examples. Their growth is based on speculation rather than the utility of the coins and the value they offer to traders. Many traders jumped on the bandwagon for a bit of a laugh, but serious investors are now looking for modern protocols that are set for growth based on their merits.Â
Lunex Network ($LNEX) has been attracting the attention of many of these investors, and is making some serious waves in the DeFi space. Packed to the brim with beneficial features for traders and equipped with the highest caliber of modern technology, this exchange is set to change the game in 2024.Â
PEPE: Meme Coin Hype with Limited Utility
PEPE has become one of the most iconic meme coins in the space and saw a significant rise post-launch. This growth, however, was based entirely on a clever campaign to create social media hype and widespread speculation. The coin has benefited from this, but unfortunately for holders of this coin, there are no features or utility to PEPE that would result in long-term sustainability. Its success largely depends on community enthusiasm, which is likely to falter when market volatility affects the currency. This has left many investors looking to new prospects that are geared towards long-term sustainability.Â
BONK: Popular but Short-Term in Scope
BONK is another well-known meme coin in the space and has seen a healthy rivalry with PEPE. In fact, it followed a similar trajectory, with an initially steep rise in its value. This has been largely enabled by its quirky marketing and playful branding. However, like PEPE, BONKâs value proposition remains heavily tied to baseless speculation rather than the coinâs utility, of which it has little. This asset is undeniably a good bit of fun to be involved with, but its long-term prospects are poor.Â
Lunex Network: Utility and Privacy Redefined
Lunex Network offers serious traders with a modern, all-in-one-place trading solution. Kitted out with some of the latest technologies in crypto, and bristling with trader perks, this DeFi protocol is set for success in 2024. Â
The platform has a strong focus on interoperability, privacy, and security, for its traders. The smart contract technology it employs ensures that investors can trade over 50,000 assets seamlessly, while incurring minimal fees. These transactions occur at lightning pace, again due to the platformâs utilization of modern technology.
In terms of its focus on privacy, Lunex Network does not push stringent know-your-customer verification requirements onto traders. This appeals to privacy-conscious investors who want to conduct their dealings in anonymity. This is reinforced by the fact that the network does not require traders to connect third-party wallets, which are well-known for compromising personal data. Â
Unlike PEPE and BONK, Lunex Networkâs native token is set for long term growth based on its inherent merits. It offers a robust revenue-sharing model that grants traders an 18% cut in the platformâs profits. This means native token holders gain from two income streams: token appreciation returns and passive income from the generated revenue.
$LNEX tokens are available to early investors at an alluring price of $0.0012. Due to its combination of competitive features and modern design, industry leaders have predicted a 1800% surge in the currencyâs value during 2024. For any trader looking to invest in new crypto coins with real potential, Lunex Network ($LNEX) is an unmissable addition to any long term crypto investment strategy.
