The Yuletide season brings hopes for crypto price rallies as NEAR and PEPE look to strengthen their positions, while Lunex Network presale token gains traction, surpassing $5.5 million and targeting $10 million.
Lunex Network: the new DEX token in presale
Lunex Network transforms the DEX landscape by offering perfect cross-chain transactions and prioritizing user privacy. Unlike traditional platforms like PEPE and NEAR, Lunex removes the need for third-party wallets. Forecasts indicate the DeFi industry is pegged to grow to $502 billion within three years. The key characteristics of Lunex, such as strong security and smooth interoperability, ensure a strong position in the market and a significant increase in market share. Lunex holders generate passive income without locking up assets in liquidity pools through the profit-sharing system.
PEPE whale activity fuels bearish concern among investors
Recent activity by a PEPE whale has caused serious concerns among investors. The whale invested $2.72 million in 150 billion PEPE on Binance, sparking speculation about plans to sell the tokens at a suitable price via a stop-loss order. Recently, PEPE's price has dropped 23% over the past week, reaching $0.000018.
Near Protocol struggles despite groundbreaking partnership
In November, Near Protocol announced its integration with MetaMask, making NEAR the first non-EVM blockchain with this feature. This integration theoretically should have boosted accessibility and user uptake, but NEAR's price did not respond as expected. Given the 18% price drop over the past week to $5.60, investors remain skeptical.
Despite uncertainties surrounding PEPE and NEAR, the Lunex Network presale continues to attract attention, representing a promising venture for investors seeking long-term growth opportunities.