Crypto investors usually invest in high-yield coins and follow their performance to see how much they can earn from their price gains. When the markets are bearish, it makes sense to buy into cheap coins that usually surge the most on bull runs.
DOGE has benefited from this as it also surges and dips with the markets. This volatility can backfire in prolonged bear runs as it eats up all gains that investors earn from bull periods. Right now, the short-term gain that the Dogecoin price is showing is inviting many price-sensitive investors to shift their DOGE holdings into more profitable options.
One clear favorite of such investors is the rising platform DTX Exchange. It is drawing significant attention from DOGE investors due to its innovative trading solutions and explosive growth potential. CoinMarketCap has already pre-listed the DTX native token, now in phase seven of its presale. Its presales have raised over $11.84 million, and projections expect this figure to balloon once the project launch date is finalized.
Dogecoin Price Rises 2% in Weekly Trading
Dogecoin rose to prominence as a popular meme coin when it launched in 2013. It has delivered great gains with the support of its strong social media network and hype from popular business and showbiz celebrities.
Source: CoinMarketCap
Dogecoin price struggled to maintain its gains as many hardcore market analysts remain skeptical about its long-term prospects without significant utility. At present, Dogecoin price is trading at a value of $0.357.
Dogecoin price has seen a 2.5% gain in the last 24 hours, bringing its market cap to $52.82 billion. Market volume is down 17% to $3.13 billion, although community sentiment is bullish. However, many DOGE investors are adding on new projects like DTX Exchange, which are drawing in investors with their utilities as well as high upside potential.
DTX Exchange: High Leverage For High Returns
DTX Exchange has a strong product as it is the world’s first hybrid trading platform. Its novel trading protocol makes it the first crypto platform to enable trading across multiple asset forms like stocks, forex, ETFs, and cryptos.
The DTX Exchange platform offers rapid, zero-delay trading in fractions of seconds. The platform is powered by a powerful layer-1 blockchain, the VulcanX. This allows traders to execute trades in a jaw-dropping 0.4 milliseconds per transaction. The VulcanX is recorded on its testnet with an estimated TPS of over 100,000. This sets DTX Exchange (DTX) as one of the fastest in the industry.
The project entered the market with a strategic approach and an ambitious roadmap to become the largest exchange in the DeFi space. To help traders optimize their investments, it provides distributive liquidity pools to reduce liquidity slippage.
DTX Exchange (DTX) has also launched its Phoenix Wallet, which is a non-custodial wallet that lets users have complete access to their assets and private keys. The platform has a community-centric approach, rewarding the DTX community with access to possible airdrops and governance powers.
Conclusion
While DOGE continues to draw investors who are fans of meme coin investing, DTX Exchange offers them a more substantial offering. It has a tangible utility lineup and a clear roadmap for growth. By mixing traditional finance with blockchain, DTX has set itself up as a leader in the crypto evolution.
The DTX native token is available for $0.14 in phase seven of its presale. Its presales have raised over $11.84 million so far, and experts expect DTX’s value to rise once the project launches in Q1 2025.
To know more about the DTX Exchange ecosystem, Check out:
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