Shiba Inu (SHIB) and PEPE are gaining momentum as investor sentiment is turning bullish after a recent market recovery. Meanwhile, the leading deFi platform DTX Exchange (DTX) has outshined the two with its explosive presale rally, raising $3 million in a matter of weeks. While investors are showing interest in SHIB and PEPE, DTX is in the spotlight after presale success.
Shiba Inu (SHIB) Burn Rate Surprises Investors: Shoots up 33,818%Â
Shiba Inu (SHIB) network recently encountered a dramatic surge in its burn rate. The 33,818% burn rate is by far the largest surge recorded in the past few months. According to the data from Shibburn, this colossal surge has torched a total of 1.88 billion Shiba Inu (SHIB) tokens. Analysts say this is the most significant number recorded in a 1-day burning period.
Among the many memecoin projects, Shiba Inu (SHIB) is currently ranked #13 based on its $11.47 billion market cap and a 24-hour trading volume of $1.34 billion, which has surged by 76.92%. The Shiba Inu (SHIB) network has turned bullish in the last 24 hours, boosting its trading value by a whopping 13.27%, pulling investors back into the memecoin game.
Analysts claim that Shiba Inu (SHIB) is one of the most watched tokens in the market today and arguably the best-performing token in the top 100. Within one day, the Shiba Inu (SHIB) network’s trading volume jumped by nearly 124% as trader sentiments entered a new level. With the latest burn rate, roughly 410 trillion SHIB tokens have been sent to dead wallets.
Memecoin Sensation PEPE Joins Rally As Market Recovers
PEPE has benefitted from the recent Bitcoin (BTC) price recovery, which has resulted in many of the altcoins in the market reclaiming their long-lost price points. Trading at $0.000010 today, PEPE has surged by 14.81% in the last 24 hours with a $4.4 billion market cap and a 24-hour trading volume of $1.29 billion, surging its volume by 41.1% (approx. $528.9 million).
Along with PEPE, Dogwifhat (WIF) and FLOKI have also joined the rally, showing promising gains after a prolonged bearish sentiment caused by the fluctuating market sentiments. According to data from CoinGecko, PEPE is ranked #28 and chasing Dogecoin (DOGE) and Shiba Inu (SHIB), who stand far with stronger market caps, $18.2B and $11.6B, respectively.
Memecoin analysts are paying attention to the PEPE network’s short-term chart that shows PEPE is currently up 21.5% after breaking through the descending trendline on Thursday. While the PEPE price is up against resistance right now, if it breaks through the targets, it might go for $0.000015, with its all-time high rate at $0.0000172, as given by the Fibonacci levels.
DTX Exchange Presale Skyrockets Overnight: Secures $3 Million
The rising demand from investors for the deFi sensation DTX Exchange (DTX) has ranked it among one of the most successful presales of 2024. DTX Exchange (DTX) is a trading exchange that allows users to trade cryptos, forex, and equities with pinpoint accuracy and lightning-fast execution speeds, letting you lock in trades while your competitors wait in queue.
The recent news circulating the market about DTX Exchange’s resounding success has boosted its presale rally, leading major cryptocurrencies with its cutting-edge technical architecture and advanced layer-1 protocol. DTX Exchange (DTX) deploys high-end technological advancements and blockchain upgrades to cater to the growing demands of investors and developers.
DTX Exchange Leads SHIB & PEPE After CoinMarketCap Listing
DTX Exchange’s recent listing on CoinMarketCap has increased excitement among DTX token holders. With the exchange listed among the highly ranked crypto websites, the platform has opened grounds for top-tier partnerships, endorsements, and exposure to millions of savvy investors willing to join this 25x opportunity project with enticing benefits and rewards.
As DTX Exchange (DTX) approaches its presale round three completion at $0.06, it is well-prepared to begin the next round with a bang. The DTX token is anticipated to sell for $0.08 in its next presale round.
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