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Memecoins are popular for their vibrant community, not forgetting their explosive growth. With another meme frenzy around the corner, Shiba Inu (SHIB) and Dogecoin (DOGE) are tipped to lead the craze.
At the same time, presale tokens are similarly lucrative—perhaps more than memecoins. One such gearing up 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 might surpass BNB.
DTX Exchange (DTX): New Exchange-Based Token to Watch
DTX Exchange (DTX) is a novel exchange-based token. It will be different from existing players thanks to its innovative blend of elements of centralized and decentralized exchanges. Additionally, it will stand at the crossroads between TradFi and DeFi, aiming to bridge the gap between both worlds.
Gearing up to reshape the $3.2 billion global trading market, its hybrid trading platform has been hailed as a trailblazer. Some of its biggest features include non-custodial storage solutions, distributed liquidity pools and wallet-based trading.
As it races toward adoption, it is arguably the best new crypto to invest in. In the fifth round of the ICO, over $8.3 million has been raised, highlighting growing interest. Meanwhile, a token is undervalued at $0.10, boasting 100x upside potential, according to experts. With an explosive debut imminent, it might outperform top memes like Dogecoin (DOGE) and Shiba Inu (SHIB).
Shiba Inu (SHIB): A Top Meme to Watch Out For
Shiba Inu (SHIB), the second-largest animal memecoin, is one of the best altcoins. Its memetic appeal as a dog-themed cryptocurrency continues to drive demand. Trading upward on higher timeframes, the Shiba Inu price is up 25% in the past 30 days, retailing above $0.000023.
Despite the slight decline in shorter timeframes, its outlook remains promising. Key technical indicators like the 20-SMA and 20-EMA are buy signals, hinting at a bounce. Moreover, experts are bullish, tipping it to lead the next meme craze.
Ali_charts, a top crypto analyst, suggests a close above $0.000025 could push SHIB toward $0.000039. With more optimistic Shiba Inu price prediction hinting at a jump to $0.01, the dog-themed crypto is among the altcoins to watch out for.
Dogecoin (DOGE): The OG of Memes
Dogecoin (DOGE) is the leading dog-themed cryptocurrency, popularly called the OG of memes. While it crossed $0.4 earlier this week, there has been a downturn. Despite the recent dip, the Dogecoin price is up by over 150% in the past month, changing hands above $0.37.
With experts calling the dip a discount, a bounceback is on the horizon. Moreover, indicators like the Dogecoin (DOGE) price trading above the 30-SMA ($0.24) and 30-EMA ($0.27) are bullish signals.
A crypto analyst, Trade4ddict, has $0.43 as their first target and $0.73 as the second after DOGE reclaimed the previous higher low. Meanwhile, more bullish forecasts hint at a Dogecoin rally above $2 and $5 this cycle, positioning it among the best cryptos to invest in.
DTX Exchange (DTX) Emerges as a New Contender; 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 CEX and DEX’s best elements. Given its solid fundamentals, it is set for adoption and, in turn, massive growth. This makes it one of the best coins to invest in, potentially outshining top memes like Dogecoin (DOGE) and Shiba Inu (SHIB).
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