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Cryptocurrency News Articles

DTX Exchange Presale Soars 300%, Targets  900% Gains at Launch For Early Buyers

Nov 18, 2024 at 12:04 am

Analysts believe Shiba Inu price (SHIB) could outshine FLOKI in this cycle, but they also claim the expectations for these meme coins has not been able to exceed those of DTX Exchange.

DTX Exchange Presale Soars 300%, Targets  900% Gains at Launch For Early Buyers

Shiba Inu (SHIB) price has exploded by 50% as daily transactions hit a record high, sparking a massive surge in interest in the meme coin.

Shiba Inu Price Surges 50% as Daily Transactions Hit Record High,鯨魚活動可能施壓 SHIB

Shiba Inu (SHIB) has set a new record with 21 trillion transactions in a single day, and this surge in activity has led to a significant rise in the value of SHIB. Currently trading at $0.00002536, the Shiba Inu price has surged by almost 50% over the past week and 41% in the last month.

However, despite these positive indicators, there are a few concerns to note. Data also reveals that whales are becoming active. While the strong trading activity and rising price show good momentum, the actions of these whales could create downward pressure on the Shiba Inu price if their activity is predominantly to sell the token. If their actions focus more on readjusting their investments instead of completely cashing out, it could result in a more stable Shiba Inu price over time.

Shiba Inu (SHIB) price could rally further as FLOKI support at $0.0001380 crucial, breakdown could trigger sharp decline

Floki’s price has gone up by 40% over the past week, and it’s currently trading at $0.0001711. The total value of all Floki coins in the market is now $1.64 billion, and in the last 24 hours, about $1.05 billion worth of FLOKI has been traded, which is over a 100% increase.

FLOKI’s price has a strong support level around $0.0001380. This support has been tested several times, showing that it is a reliable level where the price tends to stabilize. On the other hand, there’s a resistance level at $0.0001480, but since FLOKI has broken above this resistance, it may continue to rise. However, should the ongoing market rally cool off and FLOKI’s price falls below $0.0001380, it might drop further.

DTX presale soars 300%, early buyers set for 900% gains at launch

Analysts believe Shiba Inu price (SHIB) could outshine FLOKI in this cycle, but they also claim the expectations for these meme coins has not been able to exceed those of DTX Exchange. A testament to these claims includes DTX’s recent milestone of surpassing the $7.2 million raised in its ongoing presale.

Currently, the DTX Exchange is offering tokens at just $0.08—an increase of 300% from its initial price. When DTX enters the open market, it will be traded at $0.20. This means early investors could see their investment rise by a staggering 900% if they hold until the listing.

Moreover, what sets the DTX Exchange apart is its unique blend of traditional asset trading and blockchain technology. This platform will accommodate all the financial needs of individuals and make sure that they are secure. Its vision is to integrate cryptocurrency and the current fiat system to bring on-board everyone to the financial world.

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Other articles published on Nov 18, 2024