A lot has happened in the crypto industry since Trump won the US Presidential election. While most of the market surged in price, a few top crypto tokens registered new all-time highs.

Amid this backdrop, the DeFi space is now buzzing with talks of a new project that aims to outpace meme coin giants like DOGE and PEPE. Backed by an impressive presale performance, analysts suggest Lunex Network could place among the top-performing altcoins in the coming months.

Lunex Network Returns Leverage To Retail Traders

DeFi is experiencing a transformative shift spearheaded by Lunex Network. Designed as a non-custodial platform, Lunex Network is an interconnected bridge network for cross-chain transactions. The platform's use of smart contracts and liquidity pools allows for efficient swaps. It eliminates delays associated with traditional order books.

Supporting over 40 blockchains, Lunex Network is one of the most inclusive ecosystems available. It goes beyond trading, offering a feature-rich environment for staking, lending, and portfolio management. Users can earn up to 18% APY through staking, providing a powerful opportunity to grow their assets.

A standout feature of Lunex Network is its debit card, which bridges the gap between digital and traditional finance. Users can spend crypto effortlessly in their daily lives, transforming how they engage with decentralized assets.

Lunex Network also emphasizes transparency and real-time decision-making with its advanced portfolio tracker. Catering to both seasoned traders and newcomers, Lunex Network blends the important structures of DeFi and TradFi into a platform aimed at empowering retail trading.

Dogecoin Price Begins Chipping Off As Q4 Concludes

Over the past week, the bullish momentum accustomed to the Dogecoin price has slowed down, with DOGE increasing just 8%. Compared to the triple digits of the previous week, DOGE may be struggling to maintain momentum despite bullish market conditions.

Currently, DOGE is trading above $0.4 support but faces resistance at $0.43. According to analysts, a breakout could lead to gains towards $0.5. However, CoinCodex forecasts DOGE’s inability to scale, taking the Dogecoin price under $0.38.

Technical indicators reflect a cautious outlook. The 50-day moving average sits just above the current price, creating a potential resistance level. On-chain data reveals a gradual decline in long-term balances within the DOGE network. 

PEPE Enters Consolidation Period After Reaching ATH  

PEPE is undergoing consolidation after registering an all-time high at $0.00002524. The meme token's price has seen minor fluctuations within a narrow range, indicating indecision among traders.

PEPE currently trades below its 50-day moving average, which acts as a resistance level near $0.0000237. Data from IntoTheBlock reveals a decline in daily active addresses, with large-scale trades dropping by 12% over the past week.

Nevertheless, 8.6 out of 10 PEPE addresses are in profit. With a 1,690% price increase in the past year and a potential 225% increase in December, PEPE has outperformed 92% of the top 100 cryptocurrencies. 

Conclusion

Meme coins have no strong fundamentals, so that's why PEPE and DOGE have significant price reversals. Afterall, they are among the leading crypto tokens in the post-election rally. Yet, Lunex Network presale had quite a great stage-by-stage growth and even overcame most meme coins. Every $LNEX sells for $0.0031. Thus, this is one of the most promising entry points to the future of DeFi.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork