The meme sector displays signs of growth with a minor surge in the market value. Despite the optimism surrounding the memecoins, Shiba Inu (SHIB) and Dogwifhat (WIF) continue to lag with price decline on the daily charts, triggering an alarming situation for their communities.
DTX Exchange (DTX) outperforms Shiba Inu (SHIB) and Dogwifhat (WIF) with a successful presale performance and rising global demand for its quant trading platform. The project is perfectly positioned to become the next moonshot in the DeFi space as it aims to revolutionize the trading sector with its cutting-edge and scalable hybrid tradFi platform.
High Volatility Impact Shiba Inu (SHIB) Despite Token Burns
Shiba Inu (SHIB) price has suffered a major blow this week after losing 10% in value. The memecoin displays rising bearish trends between $0.0000172 – $0.0000174 despite a 482.88% rise in the token-burning activities in the last 24 hours and the Ethereum ETF launch hype.
Moreover, the activity on the Shibarium chain has also been reduced by 85%. A global exchange OKX recently announced the delisting of the SHIB/BTC pair, leading the community to speculate about the trajectory of Shiba Inu (SHIB).
With rising scams around the network, Shiba Inu (SHIB) is expected to suffer for the next few days as RSI value stands below 50. If successful in breaking the trend, Shiba Inu (SHIB) can secure high gains in this rally but investing in the memecoin must be met with caution amid a rising volatile market.
Dogwifhat (WIF) Price Faces Critical Resistance at $2.6
Dogwifhat (WIF) displayed a promising trend this week with bullish gains but the price momentum has slowed down as it approached key resistances. Dogwifhat (WIF) has been a rollercoaster ride for investors this year, leading experts to question the long-term prospects and sustainability of the memecoin in volatile markets.
The bulls are legging up to retest the strong resistance at $2.6 again, evidenced by a 1% rise in value on the daily chart. There is still a long road for Dogwifhat (WIF) to become a top memecoin in the crypto sector. According to analysts, Dogwifhat (WIF) can drop to monthly lows if it fails to clear the immediate resistance level in this cycle.
DTX Exchange (DTX) Tops Memecoins With $1 Million Presale
Amid the struggling price trend of Shiba Inu (SHIB) and Dogwifhat (WIF), DTX Exchange (DTX) leads with a competitive edge over hype-based tokenomics of memecoins. Large-scale memecoin whales shift focus to its cutting-edge features and scalable AI-powered platform, pushing the presale stage 2 beyond $1.1 million this week.
DTX Exchange commits to a strong user foundation and real-time utility. With rapidly shifting trends in the crypto space, investors eye the hybrid model of DTX as a stable growth prospect with a passive income model, positioned to sustain the volatile nature of the market and provide ongoing returns, unlike meme coins.
DTX Exchange (DTX) Legs Up For $1 This Year
DTX Exchange (DTX) provides an enticing opportunity for investors and traders looking for presale projects with massive potential and real-time utility. The AI-powered DTX platform streamlines trading in diverse markets including forex, crypto, stocks, contract-for-differences (CFDs), and equities empowering traders with leverage up to 1000x, promising explosive returns and higher market positions.
The project targets diverse communities of traders focusing on new entrants, offering robust and accessible trading techniques including no-KYC requirements and distributive liquidity pools. This scalable infrastructure attracts investors to the platform’s advanced automation and quant trading strategies. Priced at $0.04, DTX tokens are poised to surge past $1 by the end of this year once the presale concludes.
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