As the crypto market skyrocketed and sentiment turned bullish, so did the meme ecosystem. Dogecoin (DOGE) trades upward, targeting a rally above $1 this cycle. Shiba Inu (SHIB), the leading ETH memecoin, also gained traction. But how high can it go?
Meanwhile, seasoned investors are betting on DTX Exchange (DTX), a new altcoin at the crossroads between DeFi and TradFi. This bullish narrative can be linked to the rising demand and interest. Moreover, as a new cryptocurrency with a small market size, it has more room to run than most top altcoins.
DTX Exchange (DTX): Tipped For 45x Surge
DTX Exchange (DTX) is quickly becoming a favorite ahead of top memes like Dogecoin (DOGE) and Shiba Inu (SHIB) for several reasons. Noteworthy, it is utility-backed with real-world applications, unlike memecoin’s hype and popularity.
As a blend of DeFi and TradFi, it will build the world’s first crypto-native platform that offers conventional assets like stocks, ETFs and bonds. Further, it will combine the best elements of CEX and DEX, including wallet-based trading and non-custodial storage solutions. The former will assist with financial inclusion while the latter will address risks associated with centralized custody solutions.
In the seventh round of the ICO, a token is heavily undervalued at $0.14. Tipped for a 45x jump in value after Tier-1 exchange listings, not forgetting its imminent adoption in the $10 billion global trading scene, it is arguably the best new crypto to invest in. With plenty of room to run as a low-cap gem, it might be a better crypto pick than DOGE and SHIB.
Dogecoin (DOGE): Eyes on a Rally Above $1
Dogecoin (DOGE), reflecting bullish sentiment, soared 10% on the weekly chart, changing hands around $0.37. Its comeback continues after the pullback earlier this week. With further upsides anticipated, it is among the altcoins to watch.
The 20-VWMA and 9-HMA are technical indicators suggesting a complete bullish reversal and a potential retest of $0.4, its month high. Meanwhile, the bulls are aiming for a rally above $1, positioning Dogecoin (DOGE) among the best coins to invest in. Cephii1, a top analyst, expects a rally to $1.55—the next fib extension past ATH.
Kev_Capital_TA, another industry expert, targets $1.30 upon a breakout. Despite this, DTX Exchange (DTX) promises huge gains, tipped to go as high as 65x this cycle, explaining the rising demand.
Shiba Inu (SHIB): Can it Repeat Previous Success?
Shiba Inu (SHIB), popularly known as the leading ETH memecoin, regained momentum after weeks of underwhelming performance. It reclaimed $0.000022, posting a 5% gain in the past week, which experts believe might be the start of its run. But can it repeat its previous success?
Bradicoin, a crypto trader and analyst, sees Shiba Inu (SHIB) at $0.0001 as a modest target. On the other hand, others believe the memecoin hype might be dying, overlooking the dog-themed crypto instead. Nevertheless, technical indicators like the MACD Level (12, 26) and 9-HMA tilt toward a bounce—a top crypto to invest in.
However, considering its leading status and previous rallies, it can only witness so much growth. In contrast, DTX Exchange, a new altcoin, boasts a significant upside potential, making it an investor favorite.
DTX Exchange (DTX): A Better Crypto Pick Than Shiba Inu (SHIB) and Dogecoin (DOGE)
DTX Exchange (DTX) has real-world applications as a utility-backed cryptocurrency, standing out from top memes like Shiba Inu (SHIB) and Dogecoin (DOGE). Additionally, it has more room for growth, contributing to rising interest and the presale crossing $11.8 million in raised funds.
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