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The ongoing market sentiment has changed the game for the memecoins. Beginning with Dogecoin (DOGE), PEPE is also facing repercussions amid the market volatility. Meanwhile, Toncoin (TON) has signaled a greenlight to its investor community. Leading the status quo, the DTX Exchange is geared up to be the next big investment opportunity in the market.
Initially hitting the crypto market with a bang, PEPE had flavorful beginnings as it was enjoying the “meme frenzy” with youngsters pumping up the altcoin for its growing adoption and widespread hype. However, that’s not been the case lately. PEPE is currently in turbulent waters, falling from critical price levels.
As of September 2, PEPE is trading at $0.000007514 with its market cap keeping it strong at $3.14 billion with a slight 2.38% surge. Its 24-hour trading volume, however, paints a different picture. The memecoin trading volume has gone up by a surprising 47.15%, taking it to $447.48 million, reigniting hope among memecoin investors.
While the future outlook seems a bit unclear for the memecoin lovers, PEPE’s 420 trillion circulating supply, upcoming staking options, NFT partnerships gives hope. PEPE must overcome market challenges and integrate blockchain upgrades to aim for new highs and a possible recovery from this major slump.
Currently trading at $5.16, Toncoin (TON) is going through a rough market sentiment despite being listed among the top cryptocurrencies. Over the last two weeks alone, Toncoin (TON) has slumped by a massive 10.23% and a 16.26% the week before. The sudden critical price drop has raised concerns among the investors and retail traders.
If Toncoin (TON) fails to stop the increasing decline, the buyers might give up on its $5 support level. In the last 3 days, Toncoin (TON) has dropped by 24% with chances of a possible breakout due to the increasing market volatility, causing fluctuations in candlesticks.
As of today, Toncoin (TON) has dropped 3% in its 24-hour trading volume at $215 million after the decline. Its market capitalization is giving one good reason to investors to remain intact with the project at a mind-blowing $13.07 billion. If Toncoin (TON) continues to go downward, it is highly likely that the investors will sell off their remaining shares and move to other projects.
DTX Exchange (DTX) is aiming for high milestones after completing a million-dollar presale in recordbreaking time. Investors from different networks like PEPE and Toncoin (TON) are reconsidering their decision to invest in established altcoins and are showing interest in this emerging DeFi network that offers AI-powered trading with up to 1,000x leverage.
The DTX Exchange is a crypto trading platform which enables users to trade cryptos, equities, forex, and contract-for-differences (CFDs). The platform offers a cutting-edge infrastructure built on Ethereum blockchain. This large-scale exchange does not demand nosy KYC requirements to maintain user privacy and offer tension-free trading.
While the platform has already completed presale round two at $0.04 and entered round 3 at $0.06, investors are increasingly pumping the presale with $2.19 million already raised in the third round and more lined up. Through the platform’s premium trading features like distributed liquidity pools, non-custodial wallets, and multitier accounts, investors can land huge gains.
Additionally, the exclusive benefits for DTX token holders increases the fan-following even more. With reduced trading fees, access to premium features, governance votes and proposals, and entitlement to potential airdrops in the future, the community members closely-monitor the exchange to gain the next 100x crypto opportunity.
While crypto whales are moving toward this emerging DeFi project, fresh traders and savvy investors are also considering to explore hybrid trading in the upcoming bull run.
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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.
