The crypto market is buzzing with excitement as Elon Musk’s latest move pushes Pepecoin (PEPE) into the limelight, sparking a surge in its price and trading volume.
Meanwhile, Dogecoin (DOGE) maintains its upward trajectory, despite bulls seemingly shifting focus toward the promising DTX Exchange (DTX). Let’s take a closer look into these developing trends and what they mean for traders and investors.
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Elon Musk, the CEO of SpaceX and Tesla, sparked controversy by changing his X profile. The technology entrepreneur renamed himself Kekius Maximus.
Additionally, the well-known Pepe the Frog meme, which served as the catalyst for the PEPE launch in April 2023, is included in his new display shot. In his X post, Musk referred to the online game Path of Exile, where reaching level 80 is a significant accomplishment.
The cryptocurrency community responded swiftly to Musk’s input, expressing hope for Pepe the Frog and the meme coin PEPE. Many people mentioned the alt’s ticker, PEPE, in the reply section. In addition, a new meme token called KEKIUS was introduced by some individuals.
After Elon Musk’s action, the coin with a frog motif, PEPE skyrocketed. On the weekly chart, PEPE surged over 14% from the daily low of $0.00001779 to $0.00002062.
PepeCoin is currently selling at $0.00002062, with an uptick in its trading volume suggesting that there is strong trader interest. PEPE’s upward trajectory is supported by technical indicators. A bullish crossover with the signal line has been approached by the 4H Moving Average Convergence Divergence, suggesting a potential buyer revival.
Additionally, the Relative Strength Index (RSI) of 62 indicates that PEPE gains have additional capacity before reaching overbought conditions.
After a remarkable 250% increase in 2024, the price of Dogecoin (DOGE) increased by about 10% in 2025. The meme cryptocurrency continues to gain traction and trades above important levels. Market analysts provide predictions on whether bulls can continue DOGE’s upward trajectory this week, extending its impressive resilience.
The DOGE price is currently trading over $0.35, a 2.36% rise over the previous day. The price movement of the cryptocurrency shows a consistent increasing trend, with a high of $0.349 and a low of $0.3169 for the day.
Dogecoin, which is presently ranked seventh among cryptocurrencies, has shown endurance in spite of being 54.01% lower than its peak of $0.7376, which was reached on May 8, 2021.
The meme coin has successfully finished a retest of the crucial wedge barrier, indicating the possibility of an upward breakthrough. In line with Dogecoin’s projected rise to greater levels, this technical pattern is frequently linked to price acceleration.
If positive momentum returns, the Dogecoin price might rise beyond $0.35, with $0.50 and $0.73 as potential goals. If these levels are broken, DOGE may start to move in the direction of $1. But if bears take back control, the price can go below $0.30, which would indicate a more significant downturn.
On the 4-hour chart, the Relative Strength Index (RSI) is at 63, suggesting a positive outlook but approaching overbought conditions. This might indicate that the bulls might be moving away from the DOGE, and might be aiming at other altcoins in the list, DTX Exchange (DTX).
DTX Exchange (DTX) is an upcoming platform that plans to transform the traditional finance market with its revolutionary approach. It is bringing over 100,000 commodities like stocks, ETFs, bonds, forex, and cryptocurrencies, all under one roof. This will save its users from the hassle of circling in between different platforms to manage different assets.
The platform is backed by its giant layer-1 blockchain, VulcanX. Through it, the platform connects financial assets of all eras all together. DTX recently launched its testnet, and it gave an estimated speed of over 100,000 TPS, setting a record for being one of the fastest in the industry.
Further highlighting its offerings DTX Exchange offers up to 1000x leverage. It means one with a minimal investment of $100 can access maximum liquidity. This stands out as an appealing feature for both, experienced and newbie traders. The platform recently launched its Phoenix Wallet, which is a safe and secure non-custodial solution for holding all your assets.
The concept behind the platform combined with these innovative offerings has resonated a lot with the broader market of investors and traders and hence the hype is clear surrounding the projects.
Bulls now seem to be moving away from the meme coin darling Dogecoin (DOGE) as DTX Exchange (DTX) picks up momentum. It is currently in its presale phase and has collected over $11.2M in funding, that too in a very limited period. This has got analysts terming it one of the fastest-growing ICOs of the recent time.
To know more about the DTX Exchange ecosystem, Check out:
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