Memecoiners Are Rotating From DOGE and PEPE to This Utility Altcoin for 21,000% Growth
The post Memecoiners Are Rotating From DOGE and PEPE to This Utility Altcoin for 21,000% Growth appeared on BitcoinEthereumNews.com.
The launch of the Trump Coin recently created a huge amount of FOMO among investors, and this buying impulse generally leads to losses. Experts often consider meme coins to be one of the primary market sectors that are demonstrating explosive crypto market price increases. However, as Dogecoin (DOGE) and PEPE struggle with declining interest and price drops, experts think a new contender, DTX Exchange, could be the next big thing. Experts believe that with its innovative hybrid trading platform, DTX Exchange will offer a unique opportunity for retail and institutional traders alike. With the presale already raising over $13.6 million, insiders consider DTX a top crypto to invest in for 2025, especially as the broader growth of the AI sector aligns with its platform’s capabilities. Dogecoin Faces Declining Interest Among Traders DOGE failed to sustain its popularity after becoming a meme coin favorite. Market data reveals the current Dogecoin value stays at approximately $0.25 but has experienced a 24% decrease during the previous month. Whale activity related to DOGE, a key driver of price rallies, has plummeted, with $100K+ transactions dropping from 20,200 to 6,200 per week. This sharp reduction in whale transactions has left DOGE struggling to regain bullish momentum, with analysts noting that such decreased activity often correlates with prolonged price stagnation in meme-driven assets. Crypto enthusiasts believe this signals reduced confidence among large holders, as the Dogecoin (DOGE) trading volume fell 10% in the same period. While some predict a potential rebound to $4 if historical patterns repeat, skepticism grows due to its reliance on social media trends rather than utility. This decline in its appeal has traders exploring alternatives with stronger fundamentals. PEPE Experiences a Downtrend While Utility Altcoins Rise PEPE, another popular meme coin, faces similar challenges. Its price has dropped 46% in 30 days…
Filed under: News - @ February 13, 2025 6:23 am