Meme coins had been all the hype in the crypto sphere for quite some time. However, the trend seems to be changing with emerging platforms posing threats to the meme coin ecosystem and exhibiting meteoric rises.
One such case is the movement of meme coin whales from Dogwifhat (WIF) and PEPE to this DeFi king- DTX Exchange. The emerging platform in stage four of its presale has become an investors’ magnet. With a presale raise of $5.5 million, the DTX token is a key to meteoric ascent in the crypto realm.
Dogwifhat (WIF) Bleeds Red On Daily Charts
Dogwifhat (WIF) is seen slumping in the current bull run with visible bearish pressure. The meme coin’s momentum is on a downward trajectory with Dogwifhat (WIF) starting the day at $2.436 and currently trading at $2.421.
Though the price of Dogwifhat (WIF) has decreased only by 0.54%, investors are worried about the lows that the WIF token has been touching in the current session. Dogwifhat (WIF) traded as low as $2.35 in the current session.
There is a visible bearish dominance on the daily charts with the meme coin’s daily chart being dominated by a persistent red candle. Therefore, the Dogwifhat (WIF) whales are shifting to emerging DeFi marvel- DTX Exchange.
Pepe (PEPE) Price To Skyrocket Soon
Pepe (PEPE) is another token that has been trending upward. According to CoinMarketCap, the price of PEPE rose by more than 20% over the previous 30 days, fluctuating between $0.0000082 and $0.00001015.
Knight, a cryptocurrency expert, predicts that this upward tendency will continue. According to his X article, Pepe (PEPE) could shortly break out to $0.000020. Furthermore, according to Whale Insider, once this breakout occurs, PEPE’s market capitalization might exceed $25 billion.
This assertion is supported by the PEPE coin’s technicals. This cryptocurrency’s 14-day RSI is currently at 53, which is around the buy zone. Therefore, according to their PEPE price prediction, analysts anticipate that its value will hit $0.0020 by the end of this quarter. Despite this, whales remain focused on DTX Exchange (DTX).
DTX Exchange (DTX): A Formidable Force
The DTX Exchange (DTX) is one of the newest altcoins to watch during this bull market. As the market is poised for a parabolic run, new altcoins will run the hardest, creating a demand for creative projects like DTX. Additionally, its remarkable performance—more than $5.4 million in funds raised—has drawn the attention of whales.
This hybrid blockchain and trading platform is poised to revolutionize the $3.2 billion global trading market. In contrast to traditional exchange protocols, it will represent the best of CEX and DEX, potentially upending the industry, while simultaneously exposing traders to a wide range of assets and markets across stocks, bonds, ETFs, and cryptocurrencies, suggesting widespread adoption.
The current presale price provides an opportunity to invest in the future of trading at a huge discount. The presale is in the fourth round, priced at $0.08 per token. On track for a 45x jump after listing on popular exchanges, it is grabbing whales from both Dogwifhat (WIF) and PEPE.
Key Takeaways
DTX Exchange (DTX) has grabbed whales from both Dogwifhat and PEPE due to its explosive ROI. Investors from both WIF and PEPE are seen investing 500k in the emerging hybrid platform to expand their gains.
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