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As the crypto market evolves, analysts are raising concerns for Shiba Inu (SHIB) and Pepe (PEPE) holders regarding crucial metrics that could impact their investments.
With volatility and market shifts posing risks, attention is now turning to emerging opportunities like the DTX presale. In this article, we will discuss these key warnings and explore why the DTX presale could offer favorable returns for savvy investors.
Shiba Inu (SHIB): Potential price surge with token burn and Market cap dynamics
Shiba Inu (SHIB) has come a long way since its launch in August 2020. The asset’s price rallied by many million percent during the 2021 bull run. Early investors made massive gains, reaping millions of dollars in profit.
Since its 2021 peak, SHIB has faced significant hurdles. The asset is down by more than 84% from its all-time high of $0.00008616, which it attained in October 2021. Although the memecoin has climbed the market cap charts over the last few months, its price continues to struggle.
One of the most significant catalysts for Shiba Inu’s (SHIB) incredible run in 2021 was Ethereum co-founder Vitalik Buterin‘s massive token burn.
Although Buterin received half of Shiba Inu (SHIB)’s supply upon launch, he decided to burn 90% of the tokens he received while donating the rest to charity. His actions led to a significant drop in the project’s supply, aiding the asset’s stellar performance.
Another catalyst for Shiba Inu (SHIB)’s 2021 rally was the market-wide positive sentiment. Most significant projects hit all-time highs in 2021, setting the foundation for Shiba Inu (SHIB) to soar.
Shiba Inu (SHIB) currently has about 589 trillion tokens in circulation. If 50% of its supply is burnt, the project will have about 294.5 trillion tokens left in circulation.
PEPE Memecoin: A deflationary tribute with ambitious roadmap
Pepe (PEPE) is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s.
The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin.
In late April to May 2023, the explosive surge of Pepe (PEPE) caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers.
DTX Exchange Presale Hits $2.4M: A Potential 3,000% Gain
There is no denying that the DTX Exchange (DTX) presale has been great so far. It has raised over $2.4M and may reach $3M before the end of this month. In just a few short months, it has also reached Stage 3 – a big accomplishment. Even crypto influencers like YouTuber Crypto Volt see DTX Exchange as the next 3,000% crypto.
DTX Exchange will revolutionize online trading by launching a unique L1 blockchain protocol combining the best of CEX and DEX. With this hybrid trading model, DTX Exchange lets people buy over 120K asset classes like FX, CFDs and crypto coins with a leverage of up to 1000x. Fast transaction speeds of 0.04 seconds also give it an advantage over its rivals.
The DTX utility token is the fuel behind this platform. Those who hold it get governance voting rights and smaller trading fees. It is now worth just $0.06 in Stage 3, which will rise 33% to $0.08 after Stage 4 begins. Experts predict another 70x jump after a Tier-1 exchange listing happens for DTX in Q3 of 2024.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
*This article was paid for. Cryptonomist did not write the article or test the platform.
