Memecoins are undoubtedly one of the hottest and fastest-growing niches in crypto. However, as purely speculative assets, the noise can be deafening, especially with the sheer number of meme tokens launched daily—between 40,000 and 50,000.
Instead of hype, savvy investors have been looking beyond memecoins like Pepe (PEPE) and Shiba Inu (SHIB) to utility-driven tokens. DTX Exchange (DTX), the native utility token at the heart of a novel hybrid exchange platform, tops this list.
DTX Exchange (DTX) is one of the new DeFi projects to watch for several reasons. Its solid fundamentals and massive upside potential have driven the presale above $5.2 million in early funding. Its community is also growing at a frightening rate—a bullish indicator.
In round four of the ICO, early adopters have been massively accumulating the token at $0.08. Meanwhile, as an emerging cryptocurrency, its upside potential is higher than top memecoins like Pepe (PEPE) and Shiba Inu (SHIB). Industry experts project a 65x rally after listing, making it a promising wave not to miss.
However, unlike memes, its ascent will be largely driven by utility and the adoption of its innovative solution. Its unique offering is a hybrid trading platform that combines key elements of CEX and DEX, on track to reshape the $10 billion global trading space. It will bridge the gap between TradFi and DeFi by providing a one-stop platform for trading diverse assets. Meanwhile, token holders will have a say in the platform’s future via staking, further fueling actual demand.
Pepe (PEPE) is the third-largest memecoin by market size after Dogecoin and Shiba Inu. The frog-themed altcoin stands out in a meme ecosystem dominated by dog cryptocurrencies.
However, like most memecoins, it is purely driven by hype and popularity—its strength and weakness. But, unlike new memes, the Pepe coin trajectory is fairly balanced.
The Pepe price soared over 10% in the past 7 days, trading above $0.00001. Its low price is another of its biggest attractions, giving retailers a fair chance at huge gains without breaking the bank. With a new peak on the horizon, it is among the best cryptos to invest in.
Shiba Inu (SHIB) is the leading Ethereum memecoin, ahead of Pepe. Following Dogecoin’s footsteps, SHIB is the second-largest dog-inspired cryptocurrency, boasting a vibrant community. The combination of its memetic appeal and community was crucial to its rise to becoming one of the top crypto coins.
Following the recent market jump and rising interest in memes, the Shiba Inu price jumped over 13% on the weekly chart. It changes hands at $0.000019, poised to flip the next resistance into support.
However, Shiba Inu (SHIB) trades over 75% below its 2021 all-time high. While a faction believes it is on track for a new peak before the year’s end, alternative bearish Shiba Inu price predictions suggest it has run out of steam.
Beyond the hype around Pepe (PEPE) and Shiba Inu (SHIB), investors have been doubling down on DTX Exchange (DTX), a novel hybrid trading platform. Thanks to its unique trading platform, it is set to transform the wider trading scene—a token worth betting on for huge gains.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.