Memecoins are popular for their vibrant community, not to mention their explosive growth. With another meme frenzy around the corner, Shiba Inu (SHIB) and Dogecoin (DOGE) are expected to lead the craze.
At the same time, presale tokens are just as lucrative, perhaps more so than memecoins. One of those preparing to shake up the crypto market and DeFi world is DTX Exchange (DTX). This new exchange-based token will combine the best elements of CEX and DEX and could outperform BNB.
DTX Exchange (DTX): New Exchange-based Token to Watch
DTX Exchange (DTX) is a new token based on the exchange. It will differentiate itself from existing players thanks to its innovative mix of centralized and decentralized exchange elements. Additionally, it will sit at the crossroads between TradFi and DeFi, aiming to bridge the gap between the two worlds.
Preparing to reshape the $3.2 billion global trading market, its hybrid trading platform has been hailed as a pioneer. Some of its main features include non-custodial storage solutions, distributed liquidity pools, and wallet-based transactions.
As it heads towards adoption, it is arguably the best new crypto to invest in. In the fifth round of the ICO, more than $8.3 million was raised, highlighting the growing interest. Meanwhile, one token is undervalued at $0.10, offering 100x upside potential, according to experts. With an explosive debut imminent, it could surpass top memes like Dogecoin (DOGE) and Shiba Inu (SHIB).
Shiba Inu (SHIB): a meme to watch out for
Shiba Inu (SHIB), the second largest animal memecoin, is one of the top altcoins. Its memetic appeal as a dog-themed cryptocurrency continues to drive demand. Trading higher on longer time frames, Shiba Inu price is up 25% over the past 30 days, selling above $0.000023.
Despite a slight decline in shorter time frames, its outlook remains promising. Key technical indicators such as the 20-SMA and 20-EMA are buy signals, hinting at a rebound. What’s more, experts are optimistic that it portends the next meme craze.
Ali_charts, a leading crypto analyst, suggests that a close above $0.000025 could push SHIB towards $0.000039. With more optimistic Shiba Inu price predictions hinting at a jump to $0.01, the dog-themed crypto is among the altcoins to watch.
Dogecoin (DOGE): the OG of memes
Dogecoin (DOGE) is the leading dog-themed cryptocurrency, commonly referred to as the OG of memes. Although it rose above $0.4 earlier this week, there has been a slowdown. Despite the recent decline, the price of Dogecoin has increased by over 150% over the past month, rising above $0.37.
While experts are calling this decline a discount, a rebound is on the horizon. Additionally, indicators such as Dogecoin (DOGE) price trading above the 30-SMA ($0.24) and 30-EMA ($0.27) are bullish signals.
A cryptocurrency analyst, Trade4ddict, has $0.43 as his first target and $0.73 as his second after DOGE reclaimed the previous low. Meanwhile, more optimistic forecasts suggest Dogecoin rallying above $2 and $5 this cycle, positioning it among the best cryptos to invest in.
DTX Exchange (DTX) emerges as a new competitor; Can it overtake Dogecoin (DOGE) and Shiba Inu (SHIB)?
DTX Exchange (DTX) is a new altcoin at the crossroads between TradFi and DeFi. It also combines the best elements of CEX and DEX. Given its strong fundamentals, it is ripe for adoption and, hence, massive growth. This makes it one of the best coins to invest in, potentially surpassing top memes like Dogecoin (DOGE) and Shiba Inu (SHIB).
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