PEPE, BONK And This Viral New Crypto Are Taking Over Investor Watchlists

PEPE and BONK, two prominent memecoins, stole the airwaves in the last couple of months following their remarkable price action.

They’re on the watchlist of several investors, as they hold promises of substantial gains. But then, there’s also a hot new crypto on this watchlist and it’s called Lunex Network. Rapidly gaining attention and acclaim, it is shaping up to overshadow PEPE and BONK, and several crypto veterans believe that it will.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

What is Lunex Network?

Lunex Network is a rising star in the DeFi landscape. This hybrid web3 exchange allows anyone to exchange crypto assets across numerous blockchain networks. This multilayer architecture endears it to DeFi traders since it gives them access to a plethora of crypto trading pairs.

In addition to giving traders access to upcoming crypto gems, Lunex Network offers the cheapest rates possible too. It’s got an aggregation protocol that scours the internet to offer traders the cheapest exchange rates possible. Then, it’s backed by institutional liquidity and a payment gateway that makes it easy to swap between fiat and crypto assets.

Adding its non-custodial mode of operation and revenue sharing mechanism to these features makes it clear that Lunex is a driving force in the DeFi landscape. That is why its presale has raised over $5 million from investors in rapid time clearly showing Lunex’s popularity amongst crypto investors. Available now for $0.0044, it promises early investors enormous gains. That’s why it’s deemed the hot new crypto token of the moment.

Pepe price action defies meme coin market trends 

The crypto market just went through a round of liquidation that impacted meme coins the most. BONK, SHIB, DOGE, and a couple of other meme tokens shed significant portions of their value, but the PEPE price remained resilient.

Even though it dipped slightly, PEPE is still up by 50% on the monthly scene. The worrying bit is that PEPE’s daily trading volume seems to be dropping, but it is still in the billion-dollar range.

BONK: Is it time to buy low so as to sell high?

While resilient PEPE stagnated over the last couple of weeks, BONK fell by over 10%. The coin recently hit an all-time high, so it’s logical that BONK depreciates after such an impressive rally. With BONK expected to depreciate further, this might be an opportunity to buy low and sell high, but is it wise to take the plunge?

It depends. BONK has little to no utility and relies majorly on hype. Should the hype around meme coins remain constant or increase, BONK would likely reward those who take a stab at it now. If not, BONK investors would be left holding their bags for the near future.

A hot new crypto for the modern day investor 

Due to their total reliance on hype and crypto bullish trends, meme coins like BONK and PEPE have uncertain futures. But Lunex Network is a utility token whose growth is linked to a rapidly expanding hybrid crypto exchange.

As such, the Lunex Network is set to go on a monster rise since the platform is just about to hit the limelight. Early LNEX investors could make as much as a 1,800% profit before the presale ends, and who knows how high it would rise by the time it hits the exchanges?

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.