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Cryptocurrency News Articles

Meme Coins Whales Desert Dogwifhat (WIF) and PEPE (PEPE) for This DeFi King- DTX Exchange

Oct 25, 2024 at 03:43 pm

Meme coins had been all the hype in the crypto sphere for quite some time. However, the trend seems to be changing with emerging platforms posing threats

Meme Coins Whales Desert Dogwifhat (WIF) and PEPE (PEPE)  for This DeFi King- DTX Exchange

Meme coins have been dominating the crypto scene for some time now, but the tides seem to be shifting with the emergence of new platforms threatening the meme coin ecosystem and experiencing meteoric rises.

One notable case is the movement of meme coin whales from Dogwifhat (WIF) and PEPE to the DeFi kingpin - DTX Exchange. This emerging platform has exhibited remarkable success in stage four of its presale, becoming a magnet for investors.

Dogwifhat (WIF) is experiencing a slight bearish pressure on the daily charts, with the meme coin's momentum taking a downward trajectory. Starting the day at $2.436, WIF is currently trading at $2.421, showing a decrease of 0.54%.

However, investors are concerned about the lows that WIF has been touching during the current session. The meme coin traded as low as $2.35 in the current session.

This bearish dominance is evident on the daily charts, with a persistent red candle. Consequently, the Dogwifhat (WIF) whales are observed to be shifting their attention to the emerging DeFi marvel - DTX Exchange.

Pepe (PEPE) is another token that has been trending upwards. According to CoinMarketCap, the price of PEPE has increased by more than 20% over the past 30 days, fluctuating between $0.0000082 and $0.00001015.

According to his X article, Pepe (PEPE) could shortly break out to $0.000020. Furthermore, according to Whale Insider, once this breakout occurs, PEPE’s market capitalization might cross $25 billion.

This assertion is further supported by the PEPE coin’s technicals. This cryptocurrency’s 14-day RSI is currently at 53, which is around the buy zone. Hence, according to their PEPE price prediction, analysts anticipate that its value will hit $0.0020 by the end of this quarter.

Despite this, the whales remain fixated on DTX Exchange (DTX).

DTX Exchange (DTX) is emerging as one of the new altcoins to watch during this bull market. As the market is set for a parabolic run, new altcoins will run the hardest, creating a demand for innovative projects like DTX. Moreover, its incredible performance - more than $5.4 million in funds raised - has captured the attention of the whales.

This hybrid blockchain and trading platform is set to dominate the $3.2 billion global trading market. Unlike traditional exchange protocols, it will embody the best of CEX and DEX, potentially disrupting the industry while also exposing traders to a vast range of assets and markets across stocks, bonds, ETFs, and cryptocurrencies, suggesting widespread adoption.

The current presale price offers an opportunity to invest in the future of trading at a discounted rate. The presale is in the fourth round, priced at $0.08 per token.

On track for a 45x jump after listing on popular exchanges, it is grabbing whales from both Dogwifhat (WIF) and PEPE.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Oct 25, 2024