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Cryptocurrency News Articles

Dogwifhat (WIF) and BONK See Profit Booking, Funds Flow into DTX Exchange Prepares For 200x Rally

Nov 27, 2024 at 11:00 am

In recent times, the Solana ecosystem has seen huge growth due to the remarkable performance of Solana memecoins. However, the bullish momentum in

Dogwifhat (WIF) and BONK See Profit Booking, Funds Flow into DTX Exchange Prepares For 200x Rally

Solana memecoins, like Dogwifhat (WIF) and BONK, have seen huge price increases in recent times. However, this bullish momentum has slowed down as investors are now booking profits from these memecoins.

As a result, Dogwifhat (WIF) is facing increasing bearish pressure. The WIF price has decreased by 34% in the last few days, retesting the breakout zone around the $3 level. If $3 support breaks down, it can start the next bear leg in continuation of pullback.

On the other hand, BONK has formed a bullish hammer candle on Sunday. The relative strength index of BONK has dropped from the high of 85 to the current level of 62, indicating a decrease in strength. If the Bonk price fails to sustain, the next stop could be the 20-day moving average before the $0.000035 support level.

Meanwhile, DTX Exchange is preparing for a 200x rally as it enters the fifth stage of its presale. Early investors in DTX Exchange have already seen a 400% return on their investment.

After being featured on Coinmarketcap, DTX Exchange has attracted investors from various communities, including Dogwifhat (WIF) and BONK. Those joining the presale can use the code ‘SELLSTAGE’ to double their first deposit.

News source:bitcoinist.com

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