The memecoin craze in this bull market is fading as top memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced significant losses. The recent introduction of President Trump’s meme coin created a frenzy but soon cooled off, creating a crash in the sector. The Dogecoin price has fallen 41% from its January high, while SHIB has crashed to last September’s low.
Meanwhile, savvy investors are focusing on utility coins, and some have recovered their losses with the new hybrid platform, DTX Exchange (DTX). From its initial phase, DTX has delivered over 750% ROI and is currently trading in the bonus round, presenting investors with a last opportunity. Experts believe that DTX could replicate the Dogecoin price growth after its listing on Binance.
Possible Double Bottom In Dogecoin Price, Reversal Soon?
After a parabolic rally in November, the last few months have been tough for Dogecoin (DOGE). Since its December peak of $0.484, the Dogecoin price has been experiencing continuous bearish momentum. Technical analysis shows that the Dogecoin price has formed a double-bottom pattern, which is usually seen as a trend reversal. The same low, formed on 7 February, can be observed.
This pattern could be an inflection point in Dogecoin price action; however, a strong breakout is required above the $0.28 neckline resistance. The $0.24 support level has been a strong ground for DOGE, stopping it from going further down. This level will be the threshold for the downside. If the Dogecoin price fails to reclaim the $0.30 level, a rejection could send it into a new bearish trend, invalidating the bullish setup.
Shiba Inu (SHIB) Faces Resistance at Descending Trendline
Shiba Inu (SHIB) is trading within a descending wedge pattern after a long correction from its previous peak. It is currently consolidating between $0.00001500 and $0.00001750, a key support zone marked in green. A decisive move in Shiba Inu is expected on either side of this range.
Investigations showed that profit-taking and speculative hype are the only causes of Shiba Inu’s loss of value from its peak. Trading volume could be the key factor influencing Shiba Inu’s success. A breakout will be confirmed if a strong volume-supported price increase occurs.
DTX Exchange: The Top Crypto Presale of 2025
In recent years, the crypto space has seen many innovations, but none have made waves like DTX Exchange (DTX). With solid fundamentals and unique blockchain technology, it has sold out the presale at lightning speed. It has entered a bonus stage, giving investors one final shot at $0.18 before it lists on tier-1 exchanges. Experts say that with increasing demand, DTX isn’t just another presale; it’s the biggest opportunity of 2025.
This early success has been credited to its revolutionary features, such as access to 120,000+ financial assets and combining the best decentralized and centralized exchanges. After signing up on the platform, users can access stocks, crypto, RWAs, and forex in a single location. Additionally, audits by third-party companies like SolidProof show its commitment to user security.
Speed and reduced trading fees are other major reasons the DTX Exchange has gained wide popularity. Its proprietary VulcanX blockchain technology has delivered real results, with a testnet performance of 200,000 TPS. With its incredible speed, VulcanX will also help reduce slippage and high trading fees.
As the bonus stage approaches the end, investors from different communities, including Dogecoin and Shiba Inu, are rapidly shifting, proving DTX is not just another token; it represents the next big move in cryptocurrency.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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