Confidence took a big hit as the crypto market tumbled this week. On the bright side, it presents a good entry, with savvy investors gobbling up the dip. Ethereum (ETH), the leading altcoin, briefly fell below $3,000 on Monday, retesting a level last seen in November 2024. Shiba Inu (SHIB), the leading ETH memecoin, also lost key price levels.
Meanwhile, whales have been stockpiling DTX Exchange (DTX), the viral TradFi-DeFi coin hailed as the next big thing. The low-cap crypto skyrocketed over 500% in the past few months, outperforming top crypto coins and targeting explosive gains after Tier-1 exchange listings.
DTX Exchange (DTX): How High Can It Go Post-Launch?
DTX Exchange (DTX), the latest on whales’ radars, is in the spotlight for its remarkable performance and solid fundamentals. Since debuting on the ICO block at $0.02, it has exploded by over 530% to $0.14 in the seventh round, leaving early participants with substantial ROI. Also stirring excitement is its unique blend of TradFi and DeFi.
At the crossroads between traditional and decentralized finance, DTX will build the first hybrid platform to reshape the $10 billion global trading scene. This approach, hailed as groundbreaking, will combine the best elements of CEX and DEX. As a one-stop platform, it will allow the trading of conventional assets like stocks, ETFs and forex, alongside a wide selection of cryptocurrencies.
The above contributes to early funding crossing $11.7 million, highlighting trust. At the same time, unlike most utility tokens, its launch will be democratized—no bunch of holders waiting to dump on retailers. Industry experts project up to a 100x upswing after listing on popular exchanges like Binance and Coinbase, aiming to outperform Ethereum (ETH) and Shiba Inu (SHIB).
Shiba Inu (SHIB): Downward Trend Persists
Since the last big leap in December 2024, Shiba Inu (SHIB) has been downhill. The Shiba Inu price has nosedived over 20% on the monthly chart, falling from a high of $0.000028 to around $0.000021, down over 10% in the past week.
However, with the anticipated “Trump Pump” after January’s inauguration and bullish signals like the 200-EMA and 200-SMA, SHIB is poised for a bounce. Moreover, at its low price, it is one of the best cryptos to invest in.
How many zeros can it delete at the current price? TMarkham84, a crypto analyst, sees Shiba Inu (SHIB) hitting $0.0003 to $0.0008 this cycle, positioning it among the best coins to invest in. However, given DTX Exchange’s potential 100x rally and intersection with TradFi, it is a promising wave not to miss.
Ethereum (ETH): Falling Below $3,000
Ethereum (ETH) was among this week’s biggest winners amid the cascading sell-off. It temporarily fell below $3,000, declining by almost 15% on the weekly chart. But is a bounce around the corner?
The Ethereum price trading above the 200-EMA ($3,119) and 200-SMA ($2,979) suggests a complete bullish reversal. At the same time, experts maintain a bullish stance, positioning it among the altcoins to watch.
BigWickVic, a top analyst on X, is betting on Ethereum (ETH) moving toward $3,350 and $3,500 soon. Kratoz07192604, another leading expert, is optimistic, predicting a jump to $4,000 after the shakeout. Despite this, investors hoping to make the most of this bull run are looking beyond ETH to DTX due to the latter’s huge growth prospects.
DTX Exchange (DTX): The Next Ethereum (ETH) or Shiba Inu (SHIB)?
Following the recent underperformance of Ethereum (ETH) and Shiba Inu (SHIB), attention has shifted to DTX Exchange (DTX). This new DeFi coin is tipped to either replicate or surpass the success of ETH and SHIB given its unique offering—the first hybrid trading platform. With experts projecting up to a 100x upswing post-launch, it is a new DeFi project worth betting on.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
The post Shiba Inu (SHIB) Lose Key Price Levels as Ethereum (ETH) Fell Below $3K; Whales Stockpile This Low-Cap DeFi Coin After 500% Surge appeared first on Blockonomi.
