Pepe and Bonk
Pepe market indicators are flashing buy signals triggered mainly by the increasing whale accumulation of the meme coin. Having reached $0.00002825 ATH on December 9, Pepe's price is primed to continue its rally. Meanwhile, Bonk is another top crypto coin that has surged in the past months, with analysts projecting a new ATH in the coming weeks.
In the same vein, Lunex Network's (LNEX) innovative web3 DeFi crypto exchange has drawn the attention of crypto enthusiasts. Having raised over $5.4m in cryptocurrency ICO funding, the new DeFi project is preparing to dominate the $117B DeFi market, with analysts projecting 40x rallies before launching.
Pepe Coin (PEPE) is the third biggest memecoin based on market capitalization. Having witnessed massive rallies in the past weeks, Pepe has entered the expert's watchlist. According to Chandler Bing, Pepe is currently forming a cup and handle pattern, which could lead to a breakout with a potential target of $0.000031. Bing thinks Pepe crypto is one to keep an eye on.
Another analyst, CryptoElites, with 240k followers, is strong on Pepe. According to the tweet, a major breakout is around the corner, with Pepe price targets of $0.0000437, $0.0000728, and $0.0000463. With the increasing whale accumulation, as Lookonchain noticed, Pepe Coin could hit the targets in the short term.
Based on CoinMarketCap data, Pepe's trading volume has surged by over 75% in the past few days, and the market cap has reached $10B. The technical indicators are also promising, and the market sentiment is bullish. Although most of the oscillator indicators are neutral, the moving averages are positive.
Bonk (BONK) is experiencing a slight correction after witnessing sharp growth in November. Stats from CoinMarketCap show that Bonk's price increased by 58% in the past month but has dropped by 13% in the past week. Despite battling the bear trend, the market activity has continued to grow as traders buy the dip.
Andrew Griffiths, a popular crypto analyst, observed that Bonk crypto is forming a symmetrical triangle pattern and has broken out. Andrew noticed that the Bonk token price is above the 7-day MA, indicating the next bullish direction. The expert target is $0.00012, with resistance at $0.000065.
Also long on Bonk is Natalie Dormer. According to the tweet using the Bonk price chart, Dormer projects a modest rise to $0.000054. Like other meme coins, Bonk price volatility is high, at 15%. Although the market sentiment is neutral, the Bonk fear and greed index shows 78 (extreme greed). With the increasing market activity, Bonk is one of the altcoins to watch.
Lunex Network (LNEX) is rising to become one of the investor's favorites for solving major DeFi problems. Designed with unique cross-chain capabilities, Lunex Network will allow for easy buying, selling, and swapping of digital assets. Unlike other exchanges with rigorous KYC checks, Lunex Network doesn't require such as all you need is the receiving address.
While the likes of Pepe and Bonk are battling the bear trend, Lunex Network's price is rising steadily. Investors that bought at stage 1 have already made over 300% ROI as the price jumped from $0.0012 to $0.0048. The presale funding has also hit $5.4M and could reach $5.5M in the coming days. One of the driving factors is the fantastic features of the ecosystem.
At the mobile exchange, traders can spot over 50k trading pairs across multiple blockchains at the lowest cost. Aside from crypto trading, the Lunex Network ecosystem integrated unparalleled asset management, innovative tools, and multi-currency staking. This allows traders to stake cryptos like Bitcoin, Ethereum, etc.
There is also a unique profit-sharing model designed to reward LNEX token holders. As a deflationary token, all list fees will be paid in LNEX, increasing buying pressure. Also holding the DeFi token also grants users transaction discounts. With the listing of the token expected soon, the LNEX price could jump to $1 in the coming months.
Pepe Coin is tipped to break out soon, having formed the cup and handle pattern. Bonk is also primed to reach a new all-time high as its bullish run continues. Although these top cryptocurrencies are on the uptrend, investors' interest is tilting towards Lunex Network, a new DeFi project on the path of revolutionizing the entire DeFi landscape. Backed by a robust ecosystem, the LNEX price could hit 50x in the short term.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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