Meme Coins Pump as Base Blockchain Grows—Will Lunex Network Outshine PEPE and Dogecoin in the Rally?

The meme coin rally is on again! This time, it's Base L2 network riding the wave of this risk-on sentiment in crypto. Base L2 hit a record 11.447M daily transactions driven by Clanker AI meme coin launchpad. Heavyweights like PEPE coin and Dogecoin were not left out of the craze.

But will their fad out shadow purpose-driven DeFi innovations like Lunex Network? Lunex Network and its DeFi redefining innovation is emerging with bolder aspirations to outshine its predecessors. Whales are rapidly accumulating LNEX helping it to see gains in excess of 170% whilst raising over $3.8 million. Will Lunex carve its place among giants, or is the meme coin throne untouchable? Let's find out.

Lunex Network's DeFi revolution and income-generating approach

Lunex Network is revolutionizing decentralized finance (DeFi) with its hybrid exchange model that bridges centralized and decentralized systems. This innovative platform eliminates common inefficiencies, such as limited scalability and high transaction costs.

One of Lunex Network's standout features is its ability to facilitate trades across more than 50,000 cryptocurrencies spanning 40 blockchains. This interoperability is supported by a non-custodial wallet system and ensures users retain full control over their assets.

Investors are drawn to Lunex's income-generating opportunities, including staking rewards and profit-sharing mechanisms. No wonder the ongoing presale is getting massive attention. Lunex Network is not just responding to the crypto space's current needs but also setting a new benchmark for what DeFi platforms can achieve.

PEPE coin soared 115% in November, How far can it go in December?

The meme coin rally reached new heights in November, and the meme giant is capitalizing on the frenzy. PEPE coin delivered an outstanding 115% rally this month alone after doubling its value to cement its status as the third largest meme coin. Pepe's performance is underpinned by strong fundamentals. 

Data from Nansen revealed a 1.46% weekly drop in exchange-held Pepe coins - a bullish signal that highlights long-term conviction among investors. Analysts estimate that the next target could be $0.00003, and it's expressed in new highs from there. With whales accumulating and the broader crypto market in a risk-on phase, Pepe’s December journey may just be beginning.

Meme coin rally: Dogecoin ETF fuels "$1" speculation

Dogecoin's positive sentiment after the US elections has set the stage for the meme coin rally the crypto market is witnessing. Right now, Dogecoin has dominated the headlines again with the launch of its first exchange-traded product (ETP) on Sweden’s Spotlight Stock Market.

This launch comes amid a scorching rally for DOGE, which has surged 236% this month, reaching a yearly high of $0.48. Analysts are now speculating whether Dogecoin can reclaim its all-time high of $0.73—or even breach the coveted $1 mark. Some optimists are setting their sights even higher, with Fibonacci projections suggesting potential peaks at $3 or more by 2025.

Conclusion

The meme coin rally is reigniting the crypto market. Right now, PEPE coin and Dogecoin are stealing the spotlight in a whirlwind of speculation and excitement. However, their speculative fad far contrasts the DeFi-focused value and purpose that Lunex Network aims to create. Early adopters of its ICO have seen over 170% growth, raised over $4 million and the price is still at an alluringly low $0.0033. Lunex Network is quietly building a legacy of lasting impact, and its ongoing presale is tangible proof. 

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

Website: https://lunexnetwork.com 

Socials: https://linktr.ee/lunexnetwork