The post Missing Out On This Viral Altcoin at Market Bottom Could Be Like Ignoring DOGE in 2021 appeared on BitcoinEthereumNews.com.

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. In early 2021, many traders dismissed DOGE as just another meme coin, until it skyrocketed by over 10,000% in just months. Today, a similar opportunity could be emerging with DTX Exchange (DTX). As the Dogecoin price struggles, dipping 15% in just two days, investors are wondering whether DOGE still has room to grow or if new altcoins like DTX offer better upside potential. While DOGE has enjoyed renewed interest from ETF speculation, its recent price action has left traders uncertain about its short-term trajectory. Meanwhile, DTX’s fundamentals are strong, and analysts predict it could replicate the kind of parabolic surge DOGE saw in 2021. Dogecoin Price Sinks 15%—Is a Bigger Crash Coming? The crypto market has faced intense volatility, with Dogecoin price dropping below $0.30, marking its lowest level in over a month. DOGE has now fallen 15% in just two days, with analysts warning of a potential steeper correction. Source: Tradingview Crypto analyst Ali Martinez pointed to a bearish signal in DOGE’s Market Value to Realized Value (MVRV) ratio, suggesting the downtrend may continue. The broader market downturn, fueled by Trump’s new tariff policies, has added to DOGE’s struggles, wiping out $150 billion in total crypto market cap. Despite the negative price action, there are bullish catalysts on the horizon. Grayscale recently announced a new investment fund that includes DOGE, and speculation around a spot Dogecoin ETF approval is…

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Filed under: News - @ February 3, 2025 12:19 pm