The Shiba Inu price dropped significantly when the market reacted to the Fed Rate Cut announcement for December 18. While SHIB continues to decline amid low memecoin buying activity due to the focus on utility tokens, holders question its potential for the path of recovery after the ongoing alt season.
Meanwhile, experts believe that the $0.12 DTX Exchange (DTX) can top the market as global demand soars for its public presale near listing. The project is well-reputed for its innovations and first-ever hybrid layer-1 blockchain, aiming to flip the Shiba Inu price potential after its live trading announcement.
Shiba Inu (SHIB) Poised to Pump 70% as Shibarium Activity Grows
The Shiba Inu price has dropped by 3.6% in the last 24 hours due to decreasing trader activity and shifting market sentiment towards altcoins. However, experts believe that the SHIB memecoin story has not ended as it undergoes an accumulation phase with a sky-high potential before the meme season begins.
As the Shiba Inu price stays strong above the $0.000026 support level, the SHIB community believes the memecoin is well-positioned to strike back amid burning activity and whale accumulation. According to the reports, over 2.7 trillion SHIB were rotated between portfolios after the recent market crash amid the Fed announcement.
Furthermore, the expanding Shibarium network and ecology can make SHIB a successful memecoin in the upcoming bull run. Experts predict a bullish recovery for the Shiba Inu price as the memecoin enthusiasts wait for major capital rotation from Bitcoin, with expectations of a 70% SHIB pump in the first wave of the memecoin rally soon.
DTX Exchange (DTX) Hits Milestones After Crossing $10.2M Presale
DTX Exchange (DTX) is poised for a bullish surge this year, with its presale crossing an impressive $10.2M milestone alongside a highly anticipated mainnet launch. The platform aims to revolutionize trading by delivering cutting-edge market technologies, offering access to over 120k assets across diverse financial markets, including stocks, cryptocurrencies, bonds, commodities, and CFDs.
DTX sets itself apart with innovative features such as groundbreaking 1000x leverage for traders and a 3% VIP Rebate Program, designed to reward active participants. Powered by the hybrid VulcanX L1 chain, the platform ensures lightning-fast execution speeds of 10,000 TPS, enabling seamless, high-stakes trading with unmatched efficiency.
DTX Exchange steals the spotlight after launching its non-custodial Phoenix Wallet on the Apple and Android Store. With a mainnet launch and exchange listing slated for 2025, analysts project the DTX token could exceed $1 from $0.12, offering early investors a potential 1,000% return on investment.
Why DTX Exchange Is Better Option Than Buying SHIB In 2024
The demand for meme tokens has significantly reduced as the spotlight shifts from memecoins to utility-driven projects like DTX Exchange (DTX). Despite the bullish potential of the Shiba Inu price in the upcoming memecoin rally, DTX Exchange can beat the SHIB memecoin tokenomics with its cutting-edge features, 1000x leverage, and hybrid blockchain technology.
This price projection for DTX Exchange makes it a top buy for profit-hungry traders for succeeding in 2025 by capitalizing on the DTX presale and joining a revolution in trading technology, set to replace existing trading platforms with its innovation and technological power.
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