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Reading: Pepe (PEPE) and Shiba Inu (SHIB) Struggle to Maintain Gains While This New Altcoin Attracts Massive Interest
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EdaFace Newsfeed > Latest News > Press Release > Pepe (PEPE) and Shiba Inu (SHIB) Struggle to Maintain Gains While This New Altcoin Attracts Massive Interest
Press Release

Pepe (PEPE) and Shiba Inu (SHIB) Struggle to Maintain Gains While This New Altcoin Attracts Massive Interest

vitalclick
Last updated: January 2, 2025 12:24 am
3 weeks ago
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Contents
Lunex Network (LNEX) Is Enhancing DeFi TradingPepe (PEPE) Struggles With Bearish TrendsShiba Inu (SHIB) Faces Bearish PressureLunex Network Attracts Pepe and Shiba Inu Investors

A new altcoin is silently becoming popular among meme coin investors as Pepe (PEPE) and Shiba Inu (SHIB) struggle with recent bearish trends. While these top tokens encounter opposition and uncertainty, Lunex Network (LNEX) is attracting interest with its innovative DeFi trading method. 

Providing lightning-fast transactions, complete anonymity, and flawless interoperability across 40+ blockchains, Lunex Network is transforming DeFi trading. But why are investors swarming to Lunex Network massively this month? Read on to discover how Lunex Network is laying the groundwork for exponential rallies and the reasons analysts are very bullish on LNEX.

Lunex Network (LNEX) Is Enhancing DeFi Trading

By providing a flawless, anonymous, and lightning-fast experience over more than 50,000 cryptocurrencies spanning over 40 blockchains, Lunex Network is enhancing DeFi trading. Unlike traditional DEXs that call for third-party wallet integrations like MetaMask or Trust Wallet, Lunex Network guarantees total user control while preserving security and privacy. 

Lunex Network lets users trade completely under anonymity, therefore lowering vulnerabilities and simplifying transactions with minimum fees. Its developer-friendly ecosystem speeds up blockchain innovation by giving quick access to over 65 RPC nodes and an easily obtained API key, therefore simplifying Web3 development. Priced at just $0.0048, the LNEX token offers investors a great prospect during its presale period. 

Early investors who bought at $0.0012 have already seen an amazing 300% return; analysts estimate a possible 500% gain even before the presale ends. The Lunex Pro membership of the platform provides even more value by providing advanced tools including cashback on every transaction and AML wallet address checks for increased fund security.

Pepe (PEPE) Struggles With Bearish Trends

The Pepe price dropped significantly, by more than 21%, over the past week. The Pepe price chart clearly displays a sequence of lower highs and lower lows, hitting a low of $0.000015 before entering a consolidation period between $0.000016 and $0.000019. This therefore indicates a bearish trend for the Pepe price. 

The performance of the Pepe coin was bearish over the past month as well, as it dropped 12%. Notwithstanding these challenges, the community sentiment is still very positive since investors anticipate the Pepe coin will break out from the current consolidation soon. Showing indications of a possible rebound, a surge in positive momentum sent the price of Pepe (PEPE) back toward the $0.000020 resistance following touching the $0.000015 support.

Looking ahead, Pepe’s (PEPE) future seems bright. Though the meme coin is still over 35% away from its ATH of $0.000028 reached on December 9, some analysts believe Pepe (PEPE) might set a new ATH as early as the first week of 2025. While the Momentum Oscillator warns traders of a sell momentum, the Moving Averages show buy signals on the Pepe price chart.

Shiba Inu (SHIB) Faces Bearish Pressure

The Shiba Inu price has had a negative run after decli2qning 17% over the past week and similarly during the past month. Once briefly crossing the $0.000033 barrier, the Shiba Inu price battled to break over the immediate resistance. The bears grabbed control accordingly, pushing the price below the $0.000020 support zone as the Shiba Inu price chart shows.

Reflecting a period of uncertainty, Shiba Inu (SHIB) ranges right now between $0.000023 and $0.000021. Though recovery is still conceivable, traders are concerned about the near-term outlook of the meme currency as the monthly Shiba Inu price chart indicates the altcoin breaching a bullish trendline.

Buy indications shown by the MACD and Moving Averages imply that the present negative phase might be transient. Still showing some negative signals, though, the Momentum Oscillator and CCI suggest Shiba Inu (SHIB) is not quite out of bearish control. However, experts remain hopeful that Shiba Inu (SHIB) could recover from recent losses in a few weeks.

Lunex Network Attracts Pepe and Shiba Inu Investors

As Pepe (PEPE) and Shiba Inu (SHIB) negotiate bearish tendencies, Lunex Network (LNEX) is positioned as the preferred platform for the next wave of crypto investors with unparalleled privacy, lightning-fast transactions, and flawless interoperability across 40+ blockchains. 

Lunex Network is rapidly becoming the ideal choice for investors wishing to diversify and expand their portfolios because of its special qualities, which include zero requirements for third-party wallet integrations and the promise of huge gains. Having raised more than $5.6million in only a few months, the Lunex Network presale is now selling out fast.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

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