This quarter, the ecosystems of two meme coins, Dogecoin and Pepe, have seen renewed interest among investors. News for Dogecoin included a new core update, while Pepe focused on the introduction of staking options.
However, memecoins remain risky, and many traders are turning to alternatives such as Lunex Network ($LNEX). The protocol offers a broad value proposition based on its technological strengths and benefits to traders. So why is this new protocol receiving so much attention in its presale?
Dogecoin (DOGE): Dogethereum and Core Updates
Dogecoin News: The protocol is working on improving scalability and utility, and Dogecoin’s integration with the Ethereum network via the Dogethereum bridge is a big step forward. This allows Dogecoin (DOGE) to be used in decentralized applications (dApps) on the Ethereum network.
The bridge enables Dogecoin (DOGE) to be used as a payment method outside of DeFi. With its Core 1.14.6 update, Dogecoin also added faster transaction speeds and lower fees, making it more attractive for everyday use. These upgrades keep Dogecoin competitive as a fast and cheap payment solution.
Pepe (PEPE): exchange and staking options
Pepe (PEPE) started out as a meme coin and is currently building an ecosystem to add real value and utility. The latest news for Pepe is the launch of PepeSwap, a DEX for trading Pepe (PEPE) and other cryptocurrencies. With PepeSwap, holders can exchange assets directly without using a centralized exchange.
This enables Pepe to grow in the DeFi space. Other Pepe news: The platform now allows holders to stake their Pepe tokens and earn rewards. Staking a portion of the circulating supply makes Pepe tokens more scarce and creates passive income for Pepe holders. $DOGE