DTX Exchange Enters Final Phase, Listing Could Match Dogecoin Hype From 2021

DTX Exchange’s presale craze knows no bounds! The hybrid platform’s presale has been such a huge success that the experts are placing bets on DTX’s future. With the current presale raise of $11.1 million, the DTX platform has created a wave of excitement among its holders!

Experts compare DTX’s ascent with that of DOGE. Dogecoin was the most bullish coin in 2021. Most market analysts claim that DTX Exchange is poised to become the next DOGE of 2024, as it is poised to give similar gains!

Dogecoin (DOGE) Nears Trendline Breakout, Analyst Targets $17

Dogecoin’s market cap stands at $96.32 billion, with a 2.68% rise over the past seven days. While the fluctuations are growing intense, DOGE sustains its market price above the $0.30 psychological mark.

Currently, the Dogecoin price stands at $0.3265, with a 3.9% gain in the past 24 hours. With a market cap of $48 billion, Dogecoin dominates nearly 49% of the meme coin space.

In the 4-hour price chart, Dogecoin showcases a pullback phase, giving rise to a resistance trendline. This has resulted in two bearish reversals, keeping the bullish momentum in check.

Currently, the present 4-hour candle reflects higher price rejection and a failure to cross above the resistance trendline. The sideways trend over the past week highlights a bullish divergence in the RSI line, supporting the possibility of a breakout run for DOGE.

However, the bearish alignment of the 20, 100, 50, and 200 EMA lines in the 4-hour price chart acts as dynamic resistances. Hence, the trendline breakout rally is likely to face multiple oppositions and sharp fluctuations upon breakout.

Based on the Dogecoin price action, the Dogecoin price could target $0.37 or $0.41 as the next price target. On the flip side, a drop below the $0.30 mark will likely test the $0.2658 support level.

DTX Exchange: The One-Stop Solution for All Trading Needs

DTX Exchange (DTX) is an upcoming crypto-native platform offering stocks, forex, ETF trading, and over 100,000 currency pairs, all under one platform. This aims to save you from the hassle of switching between different platforms to manage different assets.

VulcanX, a layer-1 blockchain, is behind this platform, which enables it to connect assets of different kinds at one point. DTX Exchange recently launched a testnet of the blockchain, which is giving an estimated TPS of over 100,000, setting itself apart as being the fastest in the industry.

The platform is supposed to go live in the first quarter of 2025. Besides this, next year, DTX Exchange is bringing ETF trading options for everyone. Users who are unable to trade ETFs in certain countries can trade tokenized ETFs on the DTX Exchange. This all adds to the hype surrounding the project, which is already sky-high.

The DTX token is available for $0.14 in the seventh stage of its presale. The platform has raised a staggering $11.1 million on the stage. Experts suggest investing in the token as soon as possible to get explosive returns before the DTX price shoots to $0.16.

Key Takeaways

Investors have been forced to compare the DTX Exchange’s sharply rising trajectory against DOGE’s 2021 gains. Even though Dogecoin exhibits an impressive trajectory, DTX is unbeatable in both ROI potential and its cost price.