The post Pepe Coin (PEPE) and Dogwifhat (WIF) Are Struggling To Keep Up With This Innovative Altcoin, Here’s Why appeared first on Coinpedia Fintech News Though memes are still exceptionally trendy, most meme coins including Dogwifhat and Pepe have cooled off slightly as utility gems garner significant traction in their stead. Before money flows down to low cap presale utility gems like Lunex Network to explosive effect, many analysts urge investors to be first movers within this ICO trailblazer. With an anticipated 55% surge as soon as January, here’s why analysts are bullish about Lunex Network. Pepe Defies Broader Market Trends As Listings Solidify Blue Chip Status Pepe has cemented its place as the third-largest, and arguably the trendiest, memecoin in Q4. Bolstered by recent listings on Coinbase, Robin Hood, and most recently Binance US, these high-profile listings have expanded Pepe’s accessibility in the USA and contributed to Pepe’s remarkable surge this month. Whale activity has further fueled confidence for Pepe, and Pepe has recently gained blue chip meme status in the eyes of many experts. Defying broader market trends, Pepe recently traded at $0.00002725, gaining 3.5% within 24 hours while other major cryptocurrencies struggled. Increased exchange outflows indicate reduced selling pressure, supporting Pepe’s long-term growth prospects. With strong community backing and predictions of a potential meme supercycle, some analysts believe that Pepe could rally another 30% if it manages to hold above $0.00002750. Investors Anticipate Solana Meme Rally For Dogwifhat Upsurge Dogwifhat has quickly risen within the Solana ecosystem, leveraging meme culture and its playful branding of a dog wearing a hat. Built on Solana’s fast, low-cost blockchain, Dogwifhat has become a viral sensation within the cryptocurrency space, attracting traders eager to capitalize on its community-driven hype. Despite lacking utility, Dogwifhat thrives on its simplicity and the emotional connection it fosters within its community as an OG pump.fun meme creation. By focusing entirely on virality and engagement, Dogwifhat taps into Solana’s inclusive blockchain ecosystem and growing meme coin trend, making it a strong contender for exponential gains in the near term, in which a Solana meme rally could send Dogwifhat to the moon. Discover Why Analysts Are Bullish About Lunex Network. Lunex Network is carving its niche as a leading DEX ICO, poised to deliver exceptional returns in the ongoing bull market. With analysts projecting up to 50x gains by early 2025, the platform is attracting attention as a high-potential investment as a rapidly expanding utility ICO. The platform prioritizes simplicity and privacy, eliminating the need for KYC verification while enabling trades across over 50,000 blockchain networks, including Ethereum, Solana, and memes like Dogwifhat and Pepe. By removing the dependency on external wallets, Lunex Network provides a seamless and secure token-swapping experience powered by smart contract technology. Lunex Network’s ecosystem also features a robust revenue-sharing model, where profits are used to buy back LNEX tokens. Half of the tokens are distributed as staking rewards with up to 18% APY, while the rest are burned to increase scarcity. This strategy supports long-term value growth and rewards active participants in the ecosystem. At its presale price of $0.0044, Lunex Network presents a unique opportunity for investors to tap into the next wave of decentralized trading innovation. Its forward-thinking approach and promising features make it a standout in the utility ICO market. You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork
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Grayscale’s Chainlink Trust Surges 65% as Major Partnerships Boost LINK
Grayscale’s Chainlink Trust ($GLNK) has soared by an impressive 65% over the past five days, driven by a sharp rise in the price of Chainlink’s LIN... coinpedia
Xandeum wraps up Solana staking program with 205M XAND distributed in rewards
Xandeum has wrapped its six-week liquid staking program with a bunch of solid benchmarks. Distributing 205 million XAND tokens in rewards, the program saw more than 68% of available XAND staked by users, who were able to earn a 16% APY. Xandeum’s liquid staking program was able to achieve this level of APY through a quadruple rewards system that includes staking rewards, MEV rewards, block rewards, and XAND incentives. By distributing these rewards equitably, Xandeum has shown that there’s scope for liquid staking to grow on Solana and become a mainstay of its decentralized finance economy. What Xandeum does differently By sharing MEV and block rewards with its stakers, Xandeum’s staking model goes beyond traditional reward mechanisms to include features designed to maximize both user value and network resilience. Indeed, this approach has attracted over $7 million worth of SOL to its staking pool. Participants in the program also benefited from transparent governance, with all pool fees directed to the Xandeum DAO treasury, where XAND token holders have decision-making power. By making staking more accessible and rewarding, protocols like Xandeum are playing their part in strengthening the Solana network. The growth of LSTs also deepens liquidity and creates new opportunities across DeFi protocols, allowing for yield to be stacked. From staking to storage Xandeum isn’t stopping with staking. The protocol is preparing to launch its scalable storage layer in early 2025, a development poised to enhance how Solana handles data-intensive applications. Designed to integrate with Solana RPC nodes, Xandeum’s storage layer will enable decentralized storage for exabytes of data. This innovation addresses a critical challenge in blockchain infra: the storage trilemma. By offering a solution that is scalable, cost-effective, and smart contract-native, Xandeum’s storage layer will unlock new use cases for Solana dapps. This will include porting data-rich web2 applications into a decentralized web3 environment and supporting advanced functionalities like machine learning and data analytics onchain. The storage layer also introduces new revenue streams for stakers. Applications using Xandeum’s storage solution will pay fees, a portion of which will be distributed to stakers. Liquid staking as a catalyst for Solana growth Xandeum’s achievements in liquid staking are part of a broader trend within Solana’s growing LST ecosystem. Liquid staking enables greater participation in staking by eliminating the traditional trade-off between earning rewards and maintaining liquidity. For Solana, prized for its speed and efficiency, liquid staking adds another layer of utility, enhancing both user participation and network decentralization. The next step for Solana developers working within this sector is the creation of dapps and protocols that make better use of LSTs. From collateralizing stablecoins to providing liquidity for onchain perps, prediction markets, and DEXes, the possibilities are endless. The post Xandeum wraps up Solana staking program with 205M XAND distributed in rewards appeared first on Finbold . coinpedia