Shiba Inu (SHIB) was launched in August 2020 at the price of $0.000000000056 and made an all-time high of $0.00008845 in October 2021; Shiba Inu (SHIB) made a price increase of over 20,000%. Recently, the early investors who made great wealth from the Shiba Inu (SHIB) rally are again betting huge on FLOKI and the new hybrid exchange, DTX Exchange.
Investors are more focused on DTX Exchange this time as they have analyzed its huge potential and billion-dollar exchange industry. According to reports, they are taking huge positions in FLOKI and DTX Exchange.
Shiba Inu (SHIB) Another Milestone Achieved
Shiba Inu (SHIB) layer-2 blockchain solution, Shibarium, has reached another milestone less than a year after its launch. The network has processed over 6 million blocks. Recently, the protocol has seen a significant resurgence, with many metrics on the rise.
However, this is still far from Shibarium’s peak at the start of the year when daily transactions were in the millions. Earlier this year, total transactions on the network crossed 400 million, and wallet addresses are now close to 2 million.
In the current market fluctuations, the price of Shiba Inu (SHIB) has largely been affected and is in a continuous downtrend, breaking the bearish flag. The Shiba Inu (SHIB) price is trying to remain steady within this range, trying hard to avoid a major bearish trend.
FLOKI Launched On Bitstamp
FLOKI, the dog-themed memecoin, recently reached a major milestone by being listed on the well-known cryptocurrency exchange Bitstamp. This listing introduces trading pairs FLOKI/EUR and FLOKI/USD, marking an important step in the token’s journey.
Bitstamp, which Robinhood recently acquired for $200 million, is a major player in the global crypto market. The addition of FLOKI to its trading options is expected to boost the token’s adoption. In a recent post on X, FLOKI emphasized the significance of this listing, saying it “further legitimizes us and solidifies our position as we work towards becoming the world’s most known and most used cryptocurrency.”
Will DTX Exchange be Able To Copy The Rally Of Shiba Inu (SHIB)?
Comparing the fundamentals and utilities of Shiba Inu (SHIB) and DTX Exchange, DTX clearly wins because of its position in the exchange space. The ongoing presale of DTX Exchange has already provided early buyers with a 100% return on investment, catching attention worldwide.
Unlike most exchanges, DTX Exchange combines the best features of centralized (CEX) and decentralized exchanges (DEX) into one platform. This hybrid model allows traders to access over 120,000 asset classes, including bonds, stocks, and cryptocurrencies, with leverage up to 1000x. Additionally, DTX Exchange aims to offer transaction speeds as fast as 0.04 seconds, a significant advantage over competitors.
The DTX utility token is crucial to the platform. By holding it, users can access advanced analytics tools, participate in governance voting, and enjoy reduced trading fees. Moreover, those who buy $100 worth of DTX during the presale will enter a $1 million giveaway, with ten lucky traders winning $100,000 each.
Learn more:
