Recent crypto market news shows that PEPE is up over 23% monthly, with Dogecoin climbing more than 30%. In other news, the Lunex (LNEX) crypto ICO just crossed the $1.2 million mark, underlining investor confidence in this DeFi project.

Let’s find out why top crypto analysts forecast a 1800% crypto rally for LNEX as whales heighten their buying spree for the altcoin.

The Lunex crypto ICO has already raised over $1.2 million. Crypto investors have accumulated more than 887 million LNEX tokens, pushing the token price over 41% up to $0.0018 in stage 4. Clear reasons exist as to why this DeFi crypto token is becoming such a sensation among smart money investors.

The Lunex decentralized crypto exchange is disrupting the DeFi world with an interconnected Web3 ecosystem, powering cross-chain transactions with a multichain bridge and liquidity aggregation protocol.

This DeFi swapping dApp integrates with 40+ blockchains, providing a fast, secure, and cost-efficient environment where users can swap 50,000 crypto pairs across different blockchains with seamless liquidity.

More interestingly, the platform is fully noncustodial and KYC-free. That eliminates central control, empowering crypto traders with privacy, anonymity, and total control over their digital assets.

But the real deal lies with the Lunex revenue sharing mechanism. LNEX investors earn passive income of up to 18% APY through the Lunex staking program. That’s paid from a portion of the revenue generated from the Lunex exchange.

Further, token holders earn cashback and discounts on transactions, and can participate in governance procedures and vote on key project decisions.

The price of PEPE collapsed to a low of $0.00000585 in August, presenting a “buy low” opportunity to meme coin whales. After consolidating for two months, PEPE has been on an uptrend in October.

PEPE’s Uptober rally has seen the meme coin jump from a low of $0.00000633 to a monthly high of $0.00001197 before slightly retreating to the $0.00001 zone. Per CoinMarketCap, PEPE was up over 23% monthly, bringing its total yearly return to over $1300%.

If positive crypto market news keeps flowing and Bitcoin maintains its bullish stance, PEPE could push higher in the upcoming trading sessions to blow past its ATH.

After a two-month consolidation, DOGE has managed to overcome resistance levels in the $0.13-0.14 region with a 32% rise in the past month.

Overcoming this psychological obstacle is of great importance to DOGE bulls. Market participants are now watching to see if DOGE will manage to hold gains above $0.13.

Flipping this long-term resistance level into support will set the stage for a potential uptrend for DOGE, and it could inch higher toward its yearly high in the $0.22 zone.

So far, LNEX is about 41% up from the entry price. With analysts predicting a 1800% price increase for this DeFi crypto ICO, it’s still early enough to step in and reap gigantic yields. DOGE and PEPE investors are already queuing to load up their bags before the next price increase.

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

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The post Crypto Market News: Pepe and Dogecoin Prices Jump While Lunex ICO Crests $1 Million appeared first on CaptainAltcoin.

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