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Dogecoin (DOGE) and Shiba Inu (SHIB) have again picked up their game as the market volatility throws them back into the higher ranks. While Shiba Inu (SHIB) is on the brink of a breakout, DTX Exchange (DTX) is making heads turn with its remarkable performance. This emerging platform has successfully completed its presale round 3 in record-breaking time.
The Shiba Inu (SHIB) network’s trading value has surged, forming a symmetrical triangle pattern after securing a 67% surge in September. The technical analysts for Shiba Inu (SHIB) highlighted that symmetrical triangles often land a breakout following the direction of the previous trend. Shiba Inu (SHIB) is trading at $0.000018 with a 2.4% surge in the last 24 hours.
Based on the analysis observed by market experts, if Shiba Inu (SHIB) breaks upward from this pattern, it could experience a potential 108% surge, driving its price to $0.000036. Recent analysis from IntoTheBlock highlighted a strong surge in the Shiba Inu (SHIB) network, increasing its Market Value to Realized Value (MVRV) ratio from 0.89 to 0.96.
Although the Shiba Inu (SHIB) network’s price displayed a stable trend during this period, the surge in MVRV suggests that investors are holding their positions rather than selling. This response by the investor community shows growing confidence. Additionally, the data from ITB highlights that Shiba Inu (SHIB) accumulation has risen by $66 million in just two days.
Dogecoin (DOGE) has recently brought back the spotlight to the memecoin industry after its active addresses crossed past the 133,880 milestone. This is by far the highest level that Dogecoin (DOGE) has achieved in the last eight months. The sudden surge in activity is bringing attention to the Dogecoin (DOGE) network and improving investor confidence.
Dogecoin (DOGE) analysts have marked this rise in the memecoin network as the point that will launch Dogecoin (DOGE) to hit an all-time high. The recovering interest in the Dogecoin (DOGE) network implies that more traders and investors are returning to the memecoin. The spike experienced in Dogecoin (DOGE) can be credited to more network transactions, upcoming news, or speculative interest.
Historically, a price surge has accompanied such spikes in active addresses in the Dogecoin (DOGE) network. As of today, Dogecoin (DOGE) is trading at $0.11, with a minor 1.18% surge in the last 24 hours. Dogecoin (DOGE) currently holds a $16.5 billion market cap with a 24-hour trading volume of $782.9 million, surging by a whopping 52% (approximately $400 million).
Beating established altcoin projects with its hybrid model, DTX Exchange (DTX) has successfully begun its presale round 4 at $0.08 and is already showing resounding success! As of October 14, DTX Exchange’s presale has raised over $4.7 million, with only weeks before it completes this presale phase and enters stage 5 at $0.10 per DTX token.
DTX Exchange (DTX) has gained prominence for its cutting-edge Layer1 blockchain technology. This emerging exchange is built on the Ethereum blockchain and offers high-velocity trading with up to 1,000x leverage, distributed liquidity pools, non-custodial wallets, and absolutely no KYC requirements. This handful of offerings makes DTX Exchange the best choice for traders.
Following its mind-blowing success in the early stages of presale, DTX Exchange’s recent listing on CoinMarketCap went live. The response received by one of the largest crypto sites has moved the DTX team and is aiming for another grand $0.20 listing before the upcoming bull cycle. In the last 24 hours, DTX Exchange has raised over $200K and is rushing towards the $5 million milestone.
If you’re after opportunities that offer high gains with low investment – DTX Exchange (DTX) is the right option for you as it offers highly rewarding features and guarantees access to premium features as well as to potential air drops in the near future.
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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.
