Memecoins, a popular, if not the most widely known, crypto narrative, returns to the spotlight. Dogecoin (DOGE) and Shiba Inu (SHIB), the top memecoins and dog-themed cryptocurrencies, gather momentum for their next bull leg.
This places them on the list of altcoins to watch out for, with traders opting for long positions.
Similarly, presale tokens have also become a hot topic in the crypto scene. DTX Exchange (DTX), the fastest-growing ICO in the year’s second half, continues to spark excitement among investors and enthusiasts alike. It stands at the crossroads between TradFi and DeFi as a hybrid trading platform, all while promising staggering upside potential.
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DTX Exchange (DTX): A Blend of TradFi and DeFi
DTX Exchange (DTX) is a breath of fresh air in the crypto landscape, aiming to further bridge the gap between traditional finance and DeFi (decentralized finance). At the core of the platform’s architecture lies the exchange protocol, which integrates the best elements of centralized and decentralized exchanges.
Some key aspects of the DTX Exchange protocol include smart contracts, an on-chain order book and distributed liquidity pools, not to mention a hybrid model.
Unlike conventional trading platforms, traders will have access to over 120,000 assets across cryptos, stocks, bonds, equities and commodities without compromising privacy or security. This makes it poised to transform the $10 billion global trading market, contributing to the massive interest in the ongoing presale.
In round 2 of the ICO, a token costs only $0.04. Meanwhile, a 6,000% upswing is projected after its market debut, potentially outclassing promising memes like Dogecoin and Shiba Inu.
Dogecoin (DOGE): Eyes on $0.5
Dogecoin (DOGE), the first-ever memecoin, was inspired by a dog named Kabosu. Sadly, the Shiba Inu who inspired DOGE and countless other memes recently passed away at the age of 18. But its legacy lives on.
While DOGE’s performance in the year’s second half has been largely underwhelming, analysts remain unfazed and maintain a bullish stance. The Dogecoin price seems to be gathering momentum, pointing to an imminent rally.
A popular Dogecoin price prediction hints at a jump toward $0.5 in August. If anything, it is an altcoin to keep on the radar and a bullish wave not to miss out on. Besides, the memecoin narrative will likely outperform the crypto market, which makes altcoins like DOGE compelling.
Shiba Inu (SHIB): Gearing Up For a 2x Jump
Shiba Inu (SHIB), also inspired by a dog, is one of the market’s top altcoins. It launched in 2020, riding DOGE’s popularity wave and experiencing tremendous adoption. During the 2021 bull market, it registered an all-time high alongside many altcoins, although there has been an 80% decline since then.
Despite this, its performance in the year’s first half was impressive. It skyrocketed as Bitcoin registered a new peak, igniting a ray of hope among holders and the wider crypto community. With the second half of the year promising more gains, the Shiba Inu coin is a horse worth betting on.
According to a popular forecast, the Shiba Inu price will experience a 2x jump in quarter three. Renewed interest in memecoins, along with an overall market rally, will push it to a new annual high, making it a horse worth betting on.
Conclusion
Dogecoin is tipped to hit $0.5 in August, while Shiba Inu has its sights set on a 2x jump before the end of this quarter. Nevertheless, their growth prospects pale in comparison to DTX Exchange, which is projected to experience a 6,000% upswing after its market debut. This makes it a promising wave—one you can ride by becoming an early adopter.
Visit the official DTX Exchange (DTX) website for the latest updates and information.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.