Lunex: The hybrid DeFi attracting competitors' holders in presale crosses the $4 million mark

It's not unnatural for underperforming cryptos to lose to performing ones; it's different when performing cryptos lose to other performing ones

As the crypto market experiences turbulent times, several interesting developments are unfolding. Here's a closer look at some of the key happenings:

- Lunex: The hybrid DeFi Attracting Competitors’ Holders in Presale Crosses the $4 Million Mark

It's not uncommon for underperforming cryptos to lose out to performing ones, but it's a different scenario when performing cryptos lose out to other performing ones. This is precisely what's happening with Lunex.

While SHIB's price hasn't offered much promise in recent times, Lunex Network is attracting attention for its strengths. The hybrid decentralized finance (DeFi) platform is踽踽outperforming expectations in its presale,踽踽 garnering impressive support from competitors’ holders.

Emphasizing its strengths in a saturated market, Lunex boasts a unique value proposition that caters to a vast audience. The platform's strengths lie in its ability to address common pain points in the crypto space, such as slippage and delayed transactions, while also offering access to a wide range of assets and a decentralized governance system.

Available at a price of $0.0036, indicating over 200% growth since the presale launch, Lunex Network continues to showcase its strengths. Having sold 2 billion LNEX tokens and raising more than $4 million in less than 8 weeks, it's evident that the project has captivated the hearts of thousands.

- Shiba Inu Experiences a Correction, and Traders Are on the Move

Despite a massive rally in the final weeks of November, SHIB holders are reportedly seeking more stabilized options following the SHIB correction and downturn since December 1.

SHIB's price experienced a price drop of about 10% in the last 48 hours, just after breaking strong resistance levels and peaking at $0.000033. The RSI indicates that SHIB’s recent rise into overbought territory has triggered a cooling-off period.

According to on-chain data, 73% of SHIB holders are still profiting at the current price level. However, SHIB's recent downturn has raised questions about its sustainability, with several of SHIB's whales opting to sell their holdings.

- PEPE Coin Holders Unsure of Anticipated Rally Despite Meme Coins Targeting Over 1000% Increase

While meme coins, including PEPE, BONK, and DOGE, are anticipating a collective rally of over 1000%, according to technical analysis, PEPE's holders are hesitant to get carried away by the hype.

A Moving Average Cross at 50,200 on the PEPE coin daily chart indicates bullish momentum on the horizon, forming a golden cross. However, the RSI at 64.77 suggests that PEPE is close to overbought territory, hinting at caution, as a huge correction could lead to unrecoverable losses.

If PEPE maintains optimism, rising trading volume, and momentum, it might sustain its rally run, especially if it can break through the resistance levels at $0.0000021 and $0.0000025. On the other hand, if PEPE's daily active addresses decline and it reaches the overbought level, the PEPE coin could turn bearish, dropping below its support level of $0.0000018.

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

Website: https://Lunexnetwork.com

Socials: https://linktr.ee/Lunexnetwork