The post PEPE Dreams New ATH While DTX Exchange Surges 3x and Is Set to Hit $5 Faster Than Dogecoin appeared on BitcoinEthereumNews.com.

The meme coin market appears to be slowing down for the time being, suggesting that if the market as a whole stabilizes following its recent decline, there may be a rebound ahead. In particular, PEPE coin prices exhibit a positive trend that might result in a breakout, according to the daily chart analysis. Furthermore, meme currencies are more volatile at the moment because of the unpredictability of the market. As a result, in order to initiate a recovery, PEPE prices fluctuate while searching for a solid support level. According to the PEPE price analysis for October 17, bearish pressure is present at $0.00001. Right now, purchasers are trying to fight additional drops in order to maintain the trend. However, as some coins experience major swings, DTX Exchange (DTX) has become a leading competitor and has positioned itself as a possible multi-million dollar token. Having quickly raised over $5.2 million in a presale, DTX has drawn investors looking for profitable opportunities outside of the well-known Dogecoin. Dogecoin Surges: Breaks $0.13 Mark with 10% Increase With the cryptocurrency industry steadily growing and Bitcoin surpassing the $68,000 mark, meme currencies are gaining a lot of traction. In addition, Dogecoin is returning in light of the impending US elections and Dogefather Elon Musk’s town hall. Elon Musk’s tweets have continued to have an impact on Dogecoin’s price for years. The CEO of SpaceX and Tesla has long declared his “love” for memecoins, and this is no accident. In the past day, Dogecoin has increased by over 10% and crossed the $0.13 threshold. Its market value has increased by almost 24% from the previous week and is already approaching $19.7 billion. Dogecoin entered the breakout stage of the falling wedge formation on October 18, indicating a 40% price increase by the end of 2024. This…

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Filed under: News - @ October 19, 2024 11:20 am