- October 30, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
While the DTX Exchange attracts attention for its features and prospective profits, Dogecoin and other cryptocurrencies are generating spectacular gains as the cryptocurrency bull run heats up. As the bull run is about to start, several of the leading cryptocurrencies are already generating net double-digit profits.
The massive surge in meme coins is accelerating as the price of Bitcoin surpasses $71,000, and the cryptocurrency market approaches $2.5 trillion. The market value of meme currencies has increased to $62.23 billion with a trading volume of $9.74 billion, with Dogecoin leading the field with a 15% rise over the past day.
This largest meme coin has a huge 140% upside, and the other tokens are probably going to provide exponential gains. Here, we will review the best coin for the upcoming spectacular surge in November same as DOGE.
Crypto Market is Rising: Dogecoin (DOGE) Surges More Than 15% in the Last 24 Hours
Dogecoin was a pioneer in 2021 in the meme coin activity, which later became the multibillion-dollar industry it is today. Dogecoin’s value skyrocketed after Elon Musk’s tweet, hitting its highest peak ever at $0.73. However, will it be able to surpass this level in the next bull run?
Although several indicators support Dogecoin breaking its all-time high, analysts are split on the price projection for this cycle. In and of itself, Elon Musk’s affiliation with pro-crypto candidate Donald Trump is a bullish trigger, and Musk could send Dogecoin skyrocketing with a well-timed X tweet.
Although the potential for parabolic growth is somewhat limited, Dogecoin, the largest meme, is predicted to profit from many meme rallies over the course of the next 12 months.
Since DOGE bounced back from its monthly lows under $0.1, the price volatility has increased. Since then, the volume has continued to climb noticeably, indicating that bulls and other market players are sufficiently involved. As a result, the DOGE price is poised for a further 25% increase that might happen at any moment now that market opinions have changed.
Additionally, the 50-day and 200-day EMAs’ golden crossing increases the likelihood of an upward move. By the end of November, Dogecoin is probably going to hit $0.3713 if the upward momentum continues.
The New Investment Opportunity Like DOGE is the DTX Exchange
Another cryptocurrency bull run, like the one that occurred in 2021, is almost upon us. After surpassing popular cryptocurrencies like DOGE, DTX Exchange (DTX) is now at the forefront. The next destination for investments by the crypto community is the current DTX presale.
Just a few weeks into the presale period, the new hybrid exchange has already raised an incredible $6.1 million. Additionally, forecasts indicate that DTX Exchange will do something significant if its token is listed on significant cryptocurrency platforms.
The duplicate trading tool on DTX Exchange is designed to help traders who are fed up with intricate techniques. You don’t need to be an expert to follow the strategies of successful traders, learn from them, and maybe increase profits.
Additionally, DTX Exchange offers a variety of assets for those who are restricted to trading solely cryptocurrency. In one location, you may access tokenized assets, FX, CFDs, and stocks. In this manner, you may use both traditional and digital markets to diversify your portfolio without having to transfer platforms. According to analysts, DTX Exchange’s features and pricing suggest that it will likely follow DOGE’s lead, similar to how it surged in 2021.
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