After plunging to $0.14 earlier, the Dogecoin (DOGE) price has seen a noteworthy increase. The recent halving of Bitcoin and the observance of “DOGE Day” coincide with the price recovery of DOGE, which has encouraged investors.
However, Dogecoin price fails to exhibit significant uptrends to secure a position in the top altcoin to buy in the year 2024. The upward potential of the meme-coin has failed to impress market analysts as its price surge can not be considered concrete.
DTX Exchange, on the other hand, has secured a significant place in the view of market analysts as its unique features have impressed investors. Strong buying sentiment has put it on a pedestal in the line of top altcoins to buy in the following year.
What you'll learn 👉
Dogecoin Fails To Exhibit Uptrends This Bull Run
Despite the upbeat market sentiment, the Cumulative Volume Delta (CVD) suggests that the Dogecoin price may not quickly reach the $0.20 mark. Nevertheless, traders remain optimistic about the long-term profitability of the coin.
Daily chart analysis of the Dogecoin price indicates exhaustion. This signals that the DOGE followers are exhausted amid the ongoing Dogecoin price trajectory as it dip to $0.14. Despite the boosted coin value caused by ‘DOGE DAY’, the price hike remains temporary as it occurred due to the “buy the rumor” event.
There is conjecture regarding a possible “sell the news” effect, though, which might affect the price after the celebration. Selling pressure appears likely based on current CVD trends. With these market dynamics influencing the cryptocurrency landscape, Dogecoin fails to be a top altcoin to buy in this bull run.
However, DTX Exchange has secured massive support from market experts making it a top altcoin to buy owing to its distinguished features and soaring presale.
DTX Exchange (DTX): 1000X Leverage Makes It A Top Altcoin To Buy
DTX Exchange (DTX) is a trading exchange that enables users to trade cryptocurrencies, forex, equities, and contract-for-differences (CFDs). The platform boasts state-of-the-art infrastructure and innovative trading features, offering users unparalleled opportunities. Notably, DTX will be the first large-scale exchange to provide users with 1000X leverage, all while eliminating the need for KYC (Know Your Customer) requirements.
With minimal trading costs, traders can maximize their investments thanks to the platform’s community-centric strategy. In addition to having access to prospective airdrops, community members are entitled to governance and voting rights. The platform offers various products, including the DTX wallet and multitier accounts, catering to a wide range of user requirements and enhancing the overall trading experience.
DTX Presale Goes Unprecedented As It Raises Over $330K in Presale Stage 1
DTX’s recent presale success has got tremendous relevance due to its over $330,000 stage 1 raise. This news has sent shivers down the spine of the bull market, casting a shadow over several new projects. The crypto sphere regards it as a disruptive force as it successfully gathers over 3,000 holders within days. This makes DTX Exchange a compulsory tool for massive growth.
The ongoing presale presents marks a prime time for investors to be a part of DTX Exchange and play an integral role in shaping its future. DTX is poised to capitalize on this market opportunity, especially given its presale price of $0.02. It has readily raised over $200K within no time. It will soon sell at the $0.075 level in stage 2.
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