DeXe Protocol (DEXE) Price Prediction 2023-2025: Will DEXE Hit $100 Soon?

The DeXe price has bounced back in the past few weeks, making it the best-performing token in the crypto industry. It rose to a high of $19.25, its highest level since January 4

The DeXe (DEXE) price has had a remarkable recovery in recent months. It rose to a high of $19.25 on Monday, which is the highest level since January 4. At its lowest point in 2024, the coin was valued at $7.5, meaning that the recent surge is almost 200%.

DeXe Protocol is a leading decentralized application (dApp) builder that enables developers to build applications on different chains. Some of the top decentralized autonomous organizations (DAOs) that have been launched in the DeXe ecosystem are Chow, Scamster Kombat, Fun Pepe, and Moo Deng.

Following the launch of the DeXe Protocol, the price of the native DEXE token has surged. This surge has been helped by a substantial increase in staked assets in the ecosystem. According to the developers, over $29 million has been staked in the past few hours.

There are five staking tiers in the DeXe Protocol. These tiers are 1 month, 3 months, 6 months, 12 months, and 24 months. The one-month staked assets have risen to 5.33 million DEXE tokens with an annual percentage rate (APR) of 21.40%. The three-month tier has almost 500k DEXE tokens with an APR of 81.62%. The other three tiers have APRs of 131%, 69%, and 680%, respectively.

The price of the DEXE token has soared in 2024 as the total value locked (TVL) in the DeXe ecosystem has jumped to over $1 billion. This makes DeXe Protocol one of the biggest decentralized application protocols in the industry.

DEXE Price Prediction

The daily chart shows that the price of DEXE has had a strong rebound in the past few months. In November, the 200-day and 50-day exponential moving averages flipped, forming a golden cross pattern. This is one of the most bullish technical analysis patterns in the market.

Most importantly, the coin has formed a bullish cup and handle pattern. The upper side of the cup formed between April last year and January this year. The recent retreat was part of the handle formation.

Therefore, we expect the coin to continue soaring as bulls target the next key level to watch, which is the year-to-date high of $21.55. A break above that level will signal more gains, potentially towards the next psychological point at $25, followed by $30.