Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
With memecoins like Pepe and Dogecoin plummeting, investors are turning to DTX Exchange for its hybrid trading potential and massive upside.
The meme dilemma continues: time to buy or not? With top memecoins significantly down from their peaks, notably Pepe (PEPE) and Dogecoin (DOGE), they are in attractive buy zones. But can prices go lower and get more discounted?
Given the volatility of memecoins and the high risk-reward ratio, investors are doubling down on presale tokens or new ICOs. At the forefront is DTX Exchange (DTX), a new hybrid exchange protocol. Unlike popular and established players, it represents the best of the worlds of centralized and decentralized exchanges, hinting at massive upside potential.
You might also like: DTX Exchange’s hybrid blockchain debut crosses $2.5m after BNB, FTM whales join
DTX Exchange: The next crypto unicorn
The hybrid exchange protocol DTX Exchange takes a unique approach to trading. Given the several challenges faced by traders and conventional trading platforms, notably global inaccessibility, financial exclusion, centralization, and lack of diverse asset classes, a reset is needed.
By combining the best elements of CEX and DEX and spanning the DeFi and TradFi markets, users can trade diverse assets on DTX, including stocks, cryptos, bonds and forex. In addition to the hybrid model, its non-custodial trading will eliminate the need to trust a central authority with assets, reducing risks of mismanagement and potential hacks.
On track to reshape the $3.2 billion global trading market, massive presale demand unfolds. In the third round of the ICO, a token costs $0.06 and a whopping $2.5 million has been raised in early funding. Set to become the next crypto unicorn, it has more upside potential than top memes like Pepe and Dogecoin.
Pepe: The unique frog-inspired cryptocurrency
Pepe stands out in the meme ecosystem with its unique narrative: a frog-themed cryptocurrency. Inspired by the 2000s internet meme Pepe the Frog, it attracted a huge following, rising to the ranks of the top crypto coins.
Since its debut in Q2 2023, the Pepe coin has gone on several price discoveries. The latest was this year’s May, outperforming the entire crypto market. However, between the wider market’s downturn and profit-taking, it has tumbled by over 50% from its peak.
On the bright side, its price is attractive, given the upside potential. But, amid fear of further downswings, a handful believe the price could go lower. However, with the bottom difficult to identify, the current Pepe coin price is a good entry point.
You might also like: XRP, AVAX dip while whale interest in DTX Exchange propels presale to $2.4m
Dogecoin: Eyes on $1
Dogecoin, popularly called the OG of memes, is the pioneering fun-inspired crypto. After years of obscurity, it skyrocketed in 2021, making a mark in the crypto scene and carving out a niche. Since then, it has climbed up the ranks, becoming the leading meme and a top-10 cryptocurrency by market cap. However, like the rest of the memecoin market, DOGE trades downward.
On the monthly chart, the Dogecoin price is down by over 5%, retailing around $0.1. Meanwhile, it trades 86% below its all-time high of $0.7. With plenty of room for growth—tipped for a rally above $1 according to a Dogecoin price prediction—it is among the best altcoins to buy.
Conclusion
At the current price and not attempting to time the bottom (which is nearly impossible), Pepe and Dogecoin are in attractive buying zones. Meanwhile, DTX Exchange has emerged as an investor favorite, given its significant upside potential.
To learn more, visit the presale website, the official DTX website, and join the DTX community.
Read more: Crypto experts bet big on Toncoin, DTX Exchange and ETH
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
