Hundreds of millions of dollars were liquidated from the crypto market in less than an hour as asset prices tumbled. The memecoin sector was hit the hardest; Dogecoin (DOGE) and Shiba Inu (SHIB) were among the biggest losers. The Dogecoin price retested $0.20 while the SHIB coin fell below the $0.000015 support.
Meanwhile, sentiment has shifted to DTX Exchange (DTX), an emerging cryptocurrency offering a safe haven against market shocks. At the same time, it promises significant returns on investment, dubbed the best presale to invest in this year. Further, it is competitively priced at less than $0.2 and stands out more for its blend of DeFi and TradFi.
DTX Exchange (DTX): How High Can It Go?
DTX Exchange (DTX) is an up-and-coming cryptocurrency at the crossroads between decentralized and traditional finance. Fundamentally solid, it is a new DeFi project to watch out for this year. Further, it offers a lower entry than the current Dogecoin price and has more room for growth than the SHIB coin.
Priced at $0.18 in the bonus ICO round—the final stage before listing—it is massively undervalued. A 100% upswing is anticipated at the listing price of $0.36, driving funding past $15.1 million, with the number of holders exceeding 700,000. Meanwhile, insiders consider a 45x jump in value after Tier-1 exchanges modest, dubbed the best new crypto to invest in this year.
Moreover, as a blend of DeFi and TradFi, it sets the stage for massive adoption and growth. It will be the first crypto-native platform to offer conventional financial instruments. These include ETFs, stocks, bonds, forex, over 120,000 currency pairs and a broad selection of cryptocurrencies. Further, it will combine the best elements of CEX and DEX, standing out for its hybrid trading model.
Dogecoin (DOGE): Is a Bounce on the Horizon?
The Dogecoin price nosedived alongside the broader crypto market, retesting levels last seen in November 2024. It hovers between $0.20 and $0.21, down over 15% on the weekly chart. While a bounce is on the cards, further decline in the Dogecoin price cannot be ruled out.
Nevertheless, top analysts maintain a bullish outlook and the Williams Percent Range (14) technical indicator suggests a bounce in the Dogecoin price. Igor Bondarenko, a crypto analyst and trader, expects the Dogecoin price to hit $0.30 upon “reclaiming EMA.”
Meanwhile, Cas_abbe, a top analyst, predicted a dip toward $0.19 and $0.2, followed by a mega rally. With the first part of their forecast having played out, a bounce might be around the corner. However, for better positioning this cycle, savvy investors have been betting more on DTX Exchange (DTX), a new altcoin with huge upside and solid fundamentals.
Shiba Inu (SHIB): Experts Target a Rebound
The Shiba Inu coin wasn’t spared during the latest bear attack. It fell below the $0.000015 support, trading around $0.000013. The SHIB coin price is down over 10% in the past week, reflecting current market conditions.
On the bright side, it is in an attractive buy zone and technical indicators like Momentum (10) and Williams Percent Range (14) suggest a bullish reversal. At the same time, top analysts maintain a bullish stance on the SHIB coin.
SPadigimus, a leading expert, suggests the SHIB coin could hit $0.00047 this cycle—a bold prediction. Smellyrino, another top analyst, targets $0.000016 in the short term. Amid the declining interest in memes, investors are shifting to new DeFi coins like DTX. Set for a 45x upswing after Tier-1 exchange listings, it might be this year’s best ICO, edging out the SHIB coin.
DTX Exchange (DTX): A Better Crypto Alternative Than Dogecoin (DOGE) and Shiba Inu (SHIB)
Utility-backed, DTX Exchange is fundamentally more solid than the SHIB coin and more budget-friendly than the current Dogecoin price. The current decline in memecoins has sparked demand for emerging and promising altcoins like DTX, placing it among the best altcoins to invest in. With its launch date scheduled for Q1, it might be this year’s best crypto investment.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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