The crypto market is still booming, but not all tokens are on the same page. The original meme coin – Dogecoin (DOGE) – is fighting to stay above the $0.40 resistance. As a favorite of retail investors, DOGE is focusing on a promising newcomer – DTX Exchange (DTX). This hybrid blockchain platform offers revolutionary features and enormous growth potential. While early investors were rewarded with a 400% return on investment, DTX Exchange is the game-changing altcoin for investors looking for big returns.
DTX Exchange (DTX): the future of trading
Unlike any other ICO, DTX Exchange (DTX) managed to raise more than $9 million in record time. Combining the best of centralized and decentralized exchanges (CEX and DEX), it hopes to revolutionize the way global markets interact. A layer 1 hybrid blockchain with one branch in traditional finance (TradFi) and the other in decentralized finance (DeFi), providing DTX users with access to over 120,000 asset classes like stocks, ETFs , forex and cryptocurrencies.
As more investors discover DTX Exchange, the FOMO is real. Here’s why DTX steals the show:
- Unmatched growth potential: Early backers have raised over $9 million in funding and have been rewarded with a 400% increase over the first pre-sale phase.
- Cutting-edge technology: The DTX blockchain is powered by VulcanX, which guarantees lightning-fast transactions, non-custodial storage and unified wallet trading.
- Stunning market disruption: With plans to reshape the $100 billion global trading industry, DTX combines the best of TradFi and DeFi to meet the needs of institutional and retail investors.
- Massive Adoption Potential: DTX achieves long-term growth and user engagement through the combination of social and copy trading, advanced analytics and staking rewards.
DTX Exchange is in the news for a promotional offer they have. Anyone using the promo code SALES STAGE will get 100% more on the DTX platform.
Dogecoin (DOGE) Price: Struggles to Hold $0.40 Support
The OG meme coin, Dogecoin (DOGE), was one of the pioneers of this cycle. Pushing to an impressive $0.40, Dogecoin is up 125% on the monthly charts. Fluctuating heavily at the $0.40 level, DOGE is one of the most volatile assets available. Dogecoin has struggled to bounce back to its 2021 highs, even with massive support from figures like Elon Musk, who alongside Vivek Ramaswamy leads the Department of Government Effectiveness (DOGE).
However, after reaching $0.40, this does not allow DOGE to move forward. While analysts believe that for Dogecoin to reach its previous all-time high of $0.74, DOGE would need to break through key resistance levels including $0.44, $0.56, and $0.67. If Dogecoin stabilizes at the $0.4 support, it could be a vital sign of a DOGE rally to $1.
Conclusion
Although DOGE has long-term growth potential, stabilizing at the $0.40 support level could be a long and uphill battle. DTX Exchange (DTX) presents an attractive investment opportunity, with its layer 1 hybrid blockchain, unmatched utility, and presale price of just $0.1, expected to lead the next wave of crypto bull run.