This $0.10 DeFi Crypto Can Pump to $10 in 60 Days, Onchain Data Shows SHIB Whales Betting Big

Shiba Inu (SHIB) is shedding this cycle’s gains amid a bearish setback this week. Meanwhile, DTX Exchange emerges as an alternative with sky-high potential after the Q4 listing. 

The memecoin sector has exploded with gains in November’s bull run as coins like Shiba Inu (SHIB) have displayed jaw-dropping rallies. However, due to the sinking BTC price after hitting $99K, the capital is rotating out of tokens that topped leaderboards this month due to excessive profit bookings and selling pressures.

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As capital moves into low and mid-cap altcoins, an emerging hybrid exchange token is set to disrupt the ranking tables this year with its ground-breaking presale rally and upcoming mainnet launch. Analysts believe it might pump even higher than Shiba Inu as whales are swapping their SHIB tokens for bullish alternatives this cycle.

Shiba Inu (SHIB) Retests Immediate Support Amid Price Correction 

Despite Kusama’s plans to bring utility to Shiba Inu (SHIB), the main reliance factor for investors has been its burning activities for the past few months. However, after yielding sky-high returns this bull run, traders dumped SHIB tokens despite aggressive burning activity that was supposed to fuel an extended bullish rally. 

Moreover, the bears are attributed to the scams and rug pulls surrounding the Shiba Inu community. Their marketing lead Lucie recently came on X to raise awareness about this concern and boast the optimism for holders. However, this has been a serious headache for SHIB holders, driving massive speculations when bullish sentiments are the most needed. 

Shiba Inu price retests the support line at $0.00025 as bearish sentiments have weakened the buying pressures. Due to a bearish outlook in the broader market, SHIB price might retrace to immediate support levels this week before having enough low-entry buying support from the Shiba Inu community that could trigger a bullish bounce back toward the $0.00004 price level. 

Source: CoinMarketCap

DTX Exchange (DTX) Ready to Conquer $10 Price After Q4 Listing 

DTX Exchange (DTX) is emerging as a major alternative in this bullish cycle for SHIB lovers as its real-world utility and high-end trading platform have switched the attention of many traders. DTX Exchange follows the approach to solving conventional trading strategies and makes its mark in the sector as one of the most competitive trading platforms. 

Unlike traditional platforms, DTX Exchange has a hybrid nature that includes the best CEX and DEX trading features with surplus liquidity and decentralized security protocols. DTX Exchange has raised a mind-blowing $8.67 million in batch 5 of the public presale, attracting the spotlight with its sky-high potential post-launch. 

The platform also includes high-performance features like algo and quant trading, advanced automation, and 1000x leverage for traders globally, making it easy for them to navigate volatile markets so they can make maximum profits. With the first-ever hybrid layer-1 blockchain, DTX Exchange recorded 10,000TPS record performance on the testnet. 

The in-demand platform of DTX Exchange is for every trader globally as it hosts 120,000 financial assets across stocks, cryptos, forex, equities, and bonds. After the CMC pre-listing, the DTX Exchange has raised its global demand as investors rush to buy DTX tokens at $0.1 before they rise to $10 in the next 60 days after the Q4 listing. 

Conclusion 

DTX Exchange is quickly becoming the go-to choice for Shiba Inu (SHIB) traders amid a bearish trend for the memecoin. With its innovative features and growing adoption, the $0.10 presale price presents an unmissable opportunity to ride the wave before its anticipated skyrocket to $10 post-listing.

Learn more:

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.