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Litecoin (LTC) and Pepe Whales Move Profits to DTX Exchange (DTX) – What Aren’t They Telling Us?

October 23, 2024 By Crypto Reporter

Price altcoins in the crypto market have been bullish over the past few days—different shades of green. With sentiment turning euphoric and optimistic, fueling a buying spree, the coming days promise even further upsides. However, to position for more gains, Litecoin (LTC) and Pepe (PEPE) whales have been rotating their profits to DTX Exchange (DTX).

DTX, one of the new DeFi projects, stands at the intersection between TradFi and DeFi. In addition, it aims to combine key features of centralized and decentralized exchanges—a hybrid trading platform. Given its impending adoption and growth, it has been hailed as the best crypto to invest in, explaining rising whale interest.

DTX Exchange (DTX): Why Whales are Betting Big

DTX Exchange (DTX) is the latest altcoin on retailers and whale radars for several reasons. Those seeking life-changing gains have been doubling down on the presale, as have those seeking the next cutting-edge innovation.

By taking a hybrid approach to trading—combining the best elements of CEX and DEX—it is on track to transform the $10 billion global trading space. Some of the protocol’s benefits will be non-custodial trading, security and transparency, global accessibility to markets and assets and enhanced liquidity.

Moreover, the key challenges it aims to address in the trading landscape are financial exclusion and global inaccessibility, setting it up for massive adoption. With a token priced at $0.08 in the fourth ICO round, it presents a ridiculously low entry to what has been hailed as the future of trading. To make the most of this wave, we recommend becoming an early adopter.

Litecoin (LTC): Targets a Yearly Close Above $150

Litecoin (LTC) was designed to provide fast, secure and low-cost payments—no surprise it is a favorite among merchants. It was created based on the Bitcoin (BTC) protocol but differs in areas like hard caps, block transaction times and hashing algorithms.

While it has ranked among the top ten cryptos by market cap for most of its existence, rising competition pushed it below the ladder. Nevertheless, Litecoin (LTC) is one of the top 25 cryptocurrencies, highlighting its leading status.

Like the rest of the market, LTC is on the upside. The Litecoin price increased over 4% on the weekly chart, changing hands above the $70 support. Primed for a yearly close above $150, it is among the altcoins to watch.

Pepe (PEPE): A Good Crypto to Buy?

Pepe (PEPE), the leading frog-themed cryptocurrency, is not only one of the best memecoins but also among the best altcoins. Despite its humble origins—a frog-inspired crypto—it has become one of the biggest crypto sensations.

On the altcoin list, it ranks high. Meanwhile, in the meme ecosystem, it is the third largest by market cap after Dogecoin (DOGE) and Shiba Inu (SHIB), challenging the dominance of dog cryptocurrencies. Moreover, its community is among the biggest, pushing it toward the next leg of its bull run.

Following a remarkable performance, the Pepe price  soared over 20% in the past 30 days. However, profits seem to be moving to new meme narratives like AI memecoins and solid altcoins in their early stages. Nevertheless, with another meme craze around the corner, it is one of the best coins to invest in.

Conclusion

DTX Exchange (DTX) seeks to address key challenges like global inaccessibility to markets and financial exclusion by combining the best elements of CEX and DEX, hinting at massive growth. This has captured the attention of Litecoin (LTC) and Pepe (PEPE) whales, contributing to the presale soaring past $5.4 million.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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