With the global crypto market on track to $3 trillion valuation, interests are shifting from meme coins like Shiba Inu (SHIB) and Pepecoin (PEPE). Amid this backdrop, attention is now turning towards a trending DeFi crypto called DTX Exchange, currently trading at $0.08 per token.
As the current market continues to surge, this emerging token has captivated the market with unique DeFi features and potential for sustainable growth. Could this be the shift that reshapes investment priorities in the months to come? Find the details below!
Shiba Inu (SHIB) Correction Contrasts Bullish Technical Indicator
After surging more than 2x since the US election results, Shiba Inu (SHIB) became one of the highest tokens in the post-election rally. However, SHIB declined 16% between November 12 and 13 shortly after a golden cross formation. The last golden cross formation from December 2023 led to a 450% Shiba Inu (SHIB) surge.
Highlighting the historical relevance, Shiba Inu holders are worried the same won’t hold true this time as SHIB’s 14-day RSI hits 79.5. The potential for a price rebound hinges on support around $0.000023. Due to its nature as a meme coin, some SHIB investors are hedging their profits elsewhere as hodlers’ balance drop by 5.41%.
Pepecoin (PEPE) Slumps After $100 Billion Contribution
Pepecoin (PEPE) has shown remarkable performance over the past year, boasting a staggering 980% increase. This achievement alone positions PEPE higher than 89 of the top 100 cryptocurrencies, including BTC and ETH. Despite trading comfortably above its MACD level and SMAs, Pepecoin (PEPE) has only experienced 15 days of gains in the last 30 days.
On November 12, the meme market made a record by hitting $100 billion in market cap with Pepecoin (PEPE) contributing as the third highest. However, PEPE has since undergone price correction and a gradual net network decline. The current phase will determine if Pepecoin (PEPE) can surpass its all-time high or decline even further.
DTX Exchange Influx Doubles As Meme Coin Holders Join The Frenzy
With investors currently switching out of meme coins, DTX Exchange (DTX) has come up as a common choice for stability. Instead of taking unprofitable market risks with PEPE and SHIB, traders have keyed into the exchange platform for its unique utilities.
DTX Exchange is a next-generation trading platform designed for user profitability and privacy. Offering up to 1000x leverage, it allows traders to amplify their positions and increase potential returns. Unlike traditional platforms, DTX Exchange does not require KYC, giving users unrestricted access while safeguarding their privacy.
Additionally, DTX Exchange incorporates a non-custodial wallet system that gives users autonomy over their assets. By eliminating the need for third-party custody, DTX Exchange can totally avoid security hiccups with its cold storage feature.
The DTX presale is in full swing after raising $7.3 million. Currently, DTX tokens are going for $0.08 each during the fourth stage of presale. By using the promo code TRUMP, new investors gain a 75% bonus on their first deposit. And the best part? They can also stake their tokens to support liquidity and earn up to 15% APY!
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