The meme coin sector is witnessing notable bears after the recent memecoin frenzy. Shiba Inu (SHIB) and BONK whales migrate toward the emerging DTX Exchange (DTX) for sky-high gains as the project approaches its listing with bullish presale momentum and surging global demand for its hybrid model and cutting-edge tradFi technologies.
But before that, let’s understand what is happening with Shiba Inu (SHIB) and BONK prices and why their investors rush to acquire DTX tokens at low presale prices.
Shiba Inu (SHIB) Price Suffers From Scams and Low Traffic
Shiba Inu (SHIB) has stepped back with a notable decline in whale activity in the last 24 hours. Moreover, the activity on the Shibarium chain has also reduced significantly as the data reports an 85% decline in the total daily transaction count. Despite high burning activity, the decreasing activity for Shiba Inu (SHIB) impacts the price momentum to a large extent.
Moreover, the rising scam activities have also led to speculations about Shiba Inu (SHIB). Replicas of the upcoming TREAT on the SHIB ecosystem have already rug-pulled several investors after the false news by Crypto.com. Shiba Inu (SHIB) is down 8.5% on the weekly chart and whales are seeking other promising avenues for high gains.
BONK Failed to Defend Support Level With 6.5% Price Drop
BONK after emerging as a top memecoin in the recent frenzy is surrounded by high bearish pressures. The memecoin has dropped below the $0.00003 resistance level with a 6.5% decline in the last 24 hours. The transactional volume of BONK declined by 26%, reflecting low investor activity and profit bookings after the recent 52% price rally.
Investors dump the BONK memecoin due to its inconsistent performance and massive price retreats when bears prevail. The market value of BONK has also declined below the $2 Billion milestone, indicating high selling pressures and profit withdrawals.
Why Memecoin Whales Are Switching to DTX Exchange (DTX)
Unlike the tokenomics of Shiba Inu (SHIB) and BONK, which often suffer from hype-based trends, DTX Exchange (DTX) introduces a cutting-edge platform built on real-world utility and advanced trading technologies. The recent downturns in the memecoin prices highlight the risks associated with the lack of substantial underlying value.
As Shiba Inu (SHIB) and BONK fail to sustain their hype, their whales have injected $300,000 in the presale of DTX Exchange (DTX), pushing it beyond $1 million in batch 2. The DTX token’s price is set to skyrocket beyond $1 post-presale, promising 100x gains to early stakeholders acquiring tokens at $0.04.
1000x Leverage DTX Exchange Ready to Moonshot
DTX Exchange (DTX) is under the limelight after its exceptional presale performance in 2024, raising $1 million in batch 2 of the public presale. The platform leverages a high-performance hybrid marketplace with advanced automation strategies, algo and quant trading, and a 1000x leverage feature, where traders can make record profits with minimum investment capital in diverse markets.
The hybrid tradFi platform of DTX includes 120k+ assets, emerging as an all-in-one trading solution. With robust security, distributive liquidity pools, multi-tier accounts, cutting-edge real-time market analytics, and blockchain layer-1 technology, market experts call DTX Exchange the next most relevant and biggest marketplace with the best hybrid features.
As the project grows significantly with large-scale investors shifting their focus to the DTX tokens, the price is expected to jump to a high level, potentially rising to $1 once the presale concludes. To gain early positions in the DTX Exchange for explosive returns, investors are flocking toward this no-KYC exchange token priced at $0.04 for sky-high returns.
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