DOGE Whale Predicts Another New Year Surprise as DTX Exchange Braces for $10B Listing After Trump Coin
The post DOGE Whale Predicts Another New Year Surprise as DTX Exchange Braces for $10B Listing After Trump Coin appeared on BitcoinEthereumNews.com.
The Dogecoin price will reach a new high this year, as per technical analysis by top analysts. The top meme coin has already surged fourfold over the past two years, and this has renewed investor activity in the broader meme coin market. The launch of the President’s TRUMP coin last Friday saw it rise to exponential highs, meaning meme coins are here to stay despite being a speculative asset with no real-world utility. Trump’s inauguration, coupled with the TRUMP coin success, means investor confidence and market sentiment are riding high. Even new tokens like DTX, powered by the hybrid trading platform DTX Exchange, are gaining traction in light of a favorable crypto future. DTX is gaining momentum during its presale and will soon be listing on tier-one exchanges. Dogecoin’s Current Performance The Dogecoin price at the moment is $0.35, and resistance is at the 0.5 Fibonacci level of $0.39. Momentum is currently neutral, as per the expert. The multi-billion dollar crypto icon is trading 33% below its multi-year high but several factors mean a more significant upside for the world’s largest meme coin. Whale activity is the primary driver, followed by the launch of the official US DOGE website. In the tailwind of the TRUMP coin, the website brought unprecedented visibility to DOGE. Following news about the DOGE ETF filing, there is heightened anticipation of the Dogecoin price finding support as soon as it reaches potentially more significant peaks. An ETF approval will increase DOGE’s exposure and legitimacy and increase its demand not only in the crypto space but also in the broader financial world. Key experts say the next target of the Dogecoin price is $2. This might be an ambitious outlook, but that is what all the technical indicators say, and since whales are accumulating DOGE by the…
Filed under: News - @ January 26, 2025 2:26 am