Every first mover in any industry emerges as a leader, and DTX Exchange is doing the same in the hybrid exchange industry. DTX combines the benefits of both centralized and decentralized exchange, giving it an unparalleled technical advantage.
According to industry experts, DTX Exchange will cross the $1 billion market faster than famous coins like Dogecoin (DOGE) and PEPE. Last week has been a bad week for memecoins like Dogecoin (DOGE) and PEPE, falling near 10%-15%.
Bearish Follow Through Of Head And Shoulder Pattern In Dogecoin (DOGE)
Dogecoin (DOGE) is currently priced at $0.116, with a market cap of $16.82 billion and a circulating supply of 145.365 trillion DOGE. Dogecoin (DOGE) recently made a head and shoulder bearish reversal pattern, and bearish follow-through is dragging the Dogecoin (DOGE) price.
Dogecoin (DOGE) price is trading below both the 50-day and 200-day EMAs, indicating negative price momentum. The sentiment is 77% bearish and 23% bullish. In the past 24 hours, Dogecoin (DOGE) has decreased by 4%, and over the past week, it has decreased by 10.46%, showing bearish strength.
PEPE Bearish Trend Continues, Will Ascending Trendline Work As An Support?
From the recent high, PEPE is down over 24%, and it is the fourth red day for the coin. If the downtrend continues, the next major support for PEPE is the ascending trendline, which it has taken support twice in. Pepe is priced at $0.00001001 with the 5% past 24 hours and a 15.5% rise over the past week, bringing its market capitalization to about $4.21 billion.
PEPE is currently trading just below its 50-day and 200-day moving averages. Technical indicators show moderate bearishness for PEPE in the short to medium term, suggesting a negative outlook. If the market corrects more, PEPE is likely to find key support around the $0.00000833 level.
DTX Exchange Best ICO Of 2024
The reason the DTX Exchange is in huge demand is because of the transparency, security, and efficiency it delivers with its innovative approach. This easy-to-use platform combines the best of both worlds with a hybrid model.
DTX uses distributed liquidity pools to create a smooth trading experience by pulling together liquidity from various sources. This setup reduces slippage and provides the security and privacy of decentralized exchanges, along with the better liquidity of centralized options. Secure smart contracts support this platform, ensuring reliable trade execution.
DTX Exchange also stands out by offering an industry-first 1000x leverage without KYC requirements, which appeals to experienced traders looking for higher returns. With its clear focus on user needs, DTX Exchange is a strong contender in the dynamic world of cryptocurrency.
The presale of DTX Exchange has already raised over $1 million, marking its biggest ICO of 2024. This strong start, combined with its attraction to investors interested in new blockchains, is increasing the demand for DTX Exchange.
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