The Dogecoin price has suffered from the recent drawdown in the meme coin sector. The whole meme sector seems to be in freefall due to the recent LIBRA rug pull scam. This has significantly impacted investor perception toward speculation coins as they increasingly shift towards utility coins, which hold their position in weak market conditions.
DOGE investors are pursuing solid fundamental and upside-potential coins like DTX Exchange. This project has shown that real-world applications can beat short-term hype. After selling out the final eight stages, the DTX utility token is currently priced at $0.18 in the last bonus stage.
While the Dogecoin price is suffering despite a strong community and fans, DTX Exchange is building momentum with its innovative trading platform. The listing price is set at $0.36, which offers current investors a solid 2x gain.
DTX Exchange (DTX) – Revolutionizing Asset Trading
While meme investors wait for the Dogecoin price to recover, the DTX Exchange presale is turning heads with a huge upside potential. With its first-mover advantage in the hybrid trading space and advanced blockchain technology, DTX Exchange aims to transform the global trading market.
With a worldwide trading market worth over $90 trillion, DTX has a huge opportunity to capture a big market share. The platform offers an efficient solution to various trading problems like high fees, slow speed, and delayed withdrawals.
The platform allows users to access stocks, cryptocurrency, bonds, and tokenized ETFs on a single platform, expanding financial inclusion and global reach. Additionally, its proprietary non-custodial wallet facilitates smooth crypto-to-fiat exchanges. Users have full authority over their assets and funds with a secured crypto key.
The community is a major part of any crypto project; thus, to increase engagement and long-term support, DTX Exchange offers various programs to generate passive income. The VIP Rebate program allows the token holders to earn up to a 3% share of revenue from the platform.
Due to increased investor demand, DTX presale is currently in its bonus presale round. At an entry price of only $0.18, the potential to be listed at a double price of $0.36 could make DTX the next 10x opportunity.
Dogecoin Price Falls Below 200-DMA Amid Broader Market Weakness
The biggest meme coin in the cryptocurrency market, Dogecoin (DOGE), is recording significant declines as its global market value drops to over $2.7 trillion. Since the beginning of February, Dogecoin price has lost more than 37% of its value. This sharp decline caused the Dogecoin price to slip below the 200-DMA at $0.24 for the first time since October 17 last year.
Courtesy: TradingView
The Dogecoin price is currently $0.207, having declined by 0.58% in the last 24 hours. However, it is hovering above the crucial support level of $0.19, which crypto analyst Ali Martinez highlights. According to Ali, if the price drops below this support, the probability of a deeper correction toward $0.15 significantly increases.
If DOGE bounces back from this support line and reclaims the 200-day SMA, it could indicate reduced selling pressure. In the bullish scenario, the Dogecoin price may face resistance at $0.23 and $0.25.
DOGE’s weak performance has left investors disappointed, with many losing hope for a price surge. Instead, they are seizing a final opportunity to double their gains through the DTX Exchange (DTX) bonus round before it sells out.
Key Takeaways
With the Dogecoin price experiencing huge liquidations, traders seeking high returns in 2025 are turning toward the DTX Exchange as the next big winner. Third-party firms like SolidProof have already audited the platform, ensuring its safety and transparency. Once the token is listed, investors can sell their DTX holdings at double the price, which will be $0.36. Additionally, current investors can use the code – “LIST2X” to get 100% bonus tokens on their deposits.
Find out more information about DTX Exchange (DTX) by visiting the links below:
