Bonk managed to reclaim its title as Solana’s largest meme coin by market cap, surpassing Dogwifhat. Bonk’s price recorded a new ATH of $0.00058, pushing its market value to $3.9B. While its price has dipped from the Wednesday high, the BONK token is eyeing another breakout that will see it reclaim its all-time high.
Pepe coin has also recorded a significant monthly surge of over 158%, fueling speculation about whether the token could surpass Dogecoin during this bull outbreak. Lunex Network, on the other hand, continues to attract investors with its presale momentum, which has seen the project hit over $3 million raised.
Lunex Network’s ICO Surpass $3 Million In Raised Revenue
Lunex Network continues to capture investors’ attention owing to its innovative DeFi protocol, which emphasizes cross-chain compatibility and trading efficiency. The project is set to deliver institutional-grade liquidity, offering faster yet effective trade executions while still maintaining decentralization principles.
The project allows users to swap over 50K cryptos across 40+ blockchains easily. Moreover, LNEX token holders will enjoy the best staking rates of up to 18% APY, providing a reliable stream of passive income. These features have seen the token raise over $2.95M in presale revenue.
The LNEX price has also surged to $0.0031, allowing early investors to enjoy over 158% ROI. Moreover, backed by its revenue-sharing model, the LNEX token will continue to record impressive price movement as the presale revenue targets $4 million.
Bonk’s Technical Indicators Points Out To A Bullish Outlook
Bonk, a Solana-based meme coin, returned to the spotlight after hitting a recording-breaking price of $0.000058 on November 20. This marked an 18% rally in its value to reclaim its position as the leading meme coin within Solana’s blockchain.
The primary catalyst for Bonk’s price movement has been its listing on Upbit, South Korea’s premier crypto exchange. This announcement triggered a sharp rise in Bonk’s daily trading volumes, significantly surging to $3.5B.
Whale accumulation also contributed to Bonk’s significant price surge. According to Lookonchain, a prominent whale investor has accumulated 65.4B BONK tokens and spent over $3.4M over the past two days. However, despite its impressive surge, Bonk’s price experienced a slight pullback to trade around the $0.000050 and $0.000051 region. Nonetheless, technical indicators suggest a short-term bullish outlook that could see Bonk’s price reclaim higher price targets.
Pepe Price Surge Sparks An Uptrend Momentum
Pepe (PEPE) continues to enjoy an uptrend within the meme coin market, with a YTD of over 1835%. Pepe’s price has also been consolidating between the $0.0001018 and $0.00002057 region as analysts project a potential breakout. Alejandro and Max‘s forecasts target the $0.000170 and $0.000175 areas, respectively.
Pepe’s recent listing on Robinhood and Coinbase also fueled positive sentiments, driving the RSI to 69, which suggests an increasing buying sentiment. If Pepe’s momentum persists, it could clear another zero in the coming weeks.
However, a dip past its current levels could see the PEPE token undergo a correction period, with solid support at the $0.000020 region.
Lunex Presale Dominates
The Lunex Network presale has taken off. Its recent price surge has made investors roll into the presale, eyeing the project’s groundbreaking features and robust utility. The LNEX token will also record impressive growth by the end of 2024, making it a serious rival to some established giants.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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