Bitcoin Price Nears $125,000 and Experts Say This Rally Could Be the Push Shiba Inu (SHIB) and DTX Exchange Need to Hit Their All-Time Highs

Bitcoin price crossed $100,000 for the first time this year, trading nearly at $101,579 after U.S. inflation data showed core CPI dropping to 3.2%

Bitcoin price crossed $100,000 for the first time this year, following U.S. inflation data that showed core CPI dropping to 3.2%. The easing inflation raised hopes for lower interest rates, encouraging fresh activity in BTC and other cryptocurrencies.

Bitcoin price crossed $100,000 for the first time this year, following U.S. inflation data that showed core CPI dropping to 3.2%. The easing inflation raised hopes for lower interest rates, encouraging fresh activity in BTC and other cryptocurrencies.

After revealing its plans to integrate artificial intelligence (AI) into its trading platform, DTX Exchange (DTX) has seen a surge in interest from both retail and institutional investors. The hybrid centralized-decentralized exchange (CEX-DEX) is currently in its seventh presale stage and has already raised over $11.9 million.

Registrations for the upcoming airdrop by meme coin Shiba Inu (SHIB) have crossed 100,000 on major cryptocurrency exchanges like KuCoin and Bitget, as the token price shows a modest 2% daily rise. The TREAT token airdrop began on January 9 and will continue till January 14.

Here’s a closer look at SHIB, DTX and how they performed in the past 24 hours.

Shiba Inu Price Analysis

SHIB price is trading at around $0.00002285 at the time of writing, showing a modest 2% daily rise. On the weekly chart, SHIB price is up by around 6%, showing some recovery from recent lows. However, the token price still remains around 88% lower from its all-time high.

On the SHIB/USD 1-day chart, the price is trading below both the 50 and 200 EMAs, indicating weak momentum in the SHIB price. The Relative Strength Index (RSI) is also trading below the neutral line, showing limited buying pressure in the SHIB price.

Shiba Inu Price Chart by TradingView

Shiba Inu (SHIB) team announces TREAT token airdrop on major exchanges

Shiba Inu (SHIB) team has announced a TREAT token airdrop through major cryptocurrency exchanges like KuCoin and Bitget. The airdrop began on January 9 and will continue till January 14.

Shiba Inu (SHIB) price today, SHIB to the moon as TREAT token airdrop begins, how to claim?

The TREAT token airdrop will be available to participants who hold SHIB on the participating exchanges. Those who hold SHIB on hardware wallets or in decentralized wallets will not be eligible for the airdrop.

Shiba Inu (SHIB) TREAT token airdrop: A closer look at the metrics

Participants will be able to claim their rewards on the exchange itself. Additionally, there will be special TREAT token incentives on Bitget, offering up to $100 in tokens to be claimed by users.

Shiba Inu (SHIB) price struggles to attract major investor activity

Despite the ecosystem developments, Shiba Inu (SHIB) struggles to attract major investor activity. Experts suggest that without stronger price action or higher volume, SHIB risks falling further behind in an increasingly competitive market.

This has caused investors to shift their attention towards more successful projects like DTX Exchange which is quickly raising money in its public ICO.

DTX Exchange Price Analysis

DTX price is trading at around $0.138 at the time of writing, showing a slight 2% daily price decrease. In the past week, DTX price is up by around 12%, showing some recovery from recent lows. However, the DTX token price is still around 60% lower from its all-time high.

On the DTX/USD 1-day chart, the price is trading above both the 50 and 200 EMAs, indicating bullish momentum in the DTX token price. The RSI is also trading above the neutral line, showing buying pressure in the DTX token.

DTX Price Chart by TradingView

DTX Exchange raises over $11.8 million in presale, available at as low as $0.14

DTX Exchange (DTX) has quickly become a standout in the decentralized exchange by raising over $11.9 million in its presale and registering around 500,000 new wallets. With over 70% of the stage seven already sold out, this project is moving quickly towards its goal of launching the exchange in 41+ countries.

DTX Exchange combines the best of CEX and DEX with a hybrid model

Its hybrid model combines centralized performance with decentralized security, addressing issues like high fees, limited assets, and counterparty risks. Offering access to over 120,000 assets, including cryptocurrencies, stocks, and forex