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Market analysts observe a shift of whales from established market players like Dogwifhat (WIF) and Pepecoin (PEPE) to this new hybrid trading platform- DTX Exchange- that has created a buying frenzy in the market.
The DTX token is seen as a key to massive gains. Various reasons have contributed to this shift, the major ones being the 1000x leverage of the DTX platform, its low-cap investment, and high ROI.
Along with DTX’s remarkable features and amazing presale raise, the turbulent price actions of Dogwifhat (WIF) and Pepecoin (PEPE) have also contributed to the shift of the whales.
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Dogwifhat (WIF) Faces Key Resistance Level
CrediBULL Crypto shared an analysis of Dogwifhat (WIF), highlighting a potential bearish reversal at a key resistance level. According to the chart, Dogwifhat (WIF) has been consolidating around the $2.67 level after a recent rally.
The analyst points out that the price has tested this resistance zone multiple times. The post mentions that Dogwifhat (WIF) could “remove its hat” at this level, indicating a possible sharp decline if the resistance holds.
The chart suggests that if Dogwifhat (WIF) breaks down from its current price level, it could head toward its 100% retracement level at $1.075. Traders will be watching this resistance zone closely for signs of a reversal or a breakout.
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As per the technical analysis, a failure to break through this level could lead to a significant correction in WIF’s price. Dogwifhat (WIF) traders prepare for potential market shifts based on these technical patterns. Traders are advised to keep an eye on these levels, as history may repeat itself in the volatile world of cryptocurrency. Thus, WIF whales take solace in the DTX Exchange.
Pepecoin (PEPE) To Experience 50% Explosion In October
The Pepecoin (PEPE) token is on the rise in a bounce that has seen the token overturn its summer losses. Pepe is on track for a game-changing spike, especially with the ‘Uptober’ rally coming up.
Pepecoin (PEPE) set an all-time high earlier in June, rising to $0.00001718 on the back of a bullish streak in May. The token is on a similar trend at the moment, even if the past few days have had the PEPE token stuck in a correction phase.
The predictions on Pepecoin (PEPE) are flying, and most of them are setting up the token for a 50% surge this month. A break above $0.000015 is crucial to making the surge a reality, as most of PEPE’s buyers will only be convinced of the surge by then.
Despite these price predictions, the Pepecoin (PEPE) whales shift to DTX Exchange, eyeing its unique features!
DTX Exchange (DTX): Crosses $4 Million in Early Funding
DTX Exchange (DTX) is one of this week’s biggest winners, soaring past $4 million in early funding. Might we add that this feat was achieved in record time, overtaking most new ICOs and laying claim to this quarter’s best presale?
Its appeal spans its novelty and upside potential, capturing the attention of Ethereum (ETH) whales. Taking a different approach, it stands at the crossroads between DEX and CEX, offering the best of both worlds.
Some key features of the protocol include wallet-based trading and non-custodial storage. Equally important, it aims to bridge the gap between TradFi and DeFi by giving access to thousands of assets across stocks, bonds, forex, and cryptocurrencies.
The above makes DTX a strong contender in the $10 billion global trading market. With the ongoing presale presenting the best entry, savvy investors have been stacking up. A token costs just $0.08 in the fourth round, tipped for a 4,500% rally after listing on Tier-1 exchanges, potentially outclassing established market players.
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