Meme Coin Market Rotates to DTX Exchange, Attracting Shiba Inu (SHIB) and PEPE Investors

The meme coin market is experiencing a turbulent phase, with investors actively rotating funds to promising alternatives.

The meme coin market is currently experiencing a turbulent phase, with investors actively rotating funds to promising alternatives. Shiba Inu (SHIB) and PEPE have seen significant downturns in the latest market correction, leading traders to explore new opportunities.

Among the emerging alternatives, DTX Exchange is gaining considerable traction, drawing funds from meme coin investors and positioning itself as the next major breakout in the crypto space.

Shiba Inu price showed some recovery on Wednesday, rising by 0.49% in the past 24 hours and trading at $0.000165 at press time. However, the meme coin is still facing strong resistance at critical price levels.

Shiba Inu is currently holding the 16th spot among top cryptocurrencies, with a market capitalization of $8.67 billion and a 24-hour trading volume of $274.26 million.

Shiba Inu’s recovery remains slow, and its price action suggests that the crypto might struggle to sustain gains in the near term.

Shiba Inu Price Analysis: Key Levels to Watch

Shiba Inu price is trading at $0.165, showing a 0.49% increase in the past 24 hours. Despite the slight recovery, SHIB faces strong resistance at the $0.165 level,