The post Why Are Meme Whales Adding This $0.18 Utility Coin? appeared on BitcoinEthereumNews.com.

As Dogecoin price struggles under selling pressure, crypto whales are turning their attention to a new high-potential utility coin, DTX Exchange (DTX). While DOGE fights resistance at the 20-day EMA, DTX Exchange’s presale is booming, attracting meme whales with its $0.18 entry price and revolutionary DeFi hybrid model. With over $14.7 million raised and 120,000+ assets under one roof, could DTX Exchange be the next big thing in crypto? Let’s find out! Dogecoin Price Faces Selling Pressure: What’s Next? As shown in the daily chart, the Dogecoin price movement has recovered quickly over the past week, maintaining its dominance above the $0.24 support level. The Dogecoin price saw a bullish recovery over the last seven days removing some of the losses over the past month. However, the DOGE’s bullish recovery was unable to overcome the 20-day EMA’s resistance line. The DOGE’s current price is $0.253 after a weekend of a morning star pattern and a higher price rejection. With a 4.3% decline over the past day, DOGE produces another Doji candle. Additionally, the Dogecoin price finds it difficult to stabilize above the 200-day EMA line. As DOGE short-term price movement indicates a turning point, the current decline keeps generating a lower-high pattern. The momentum indicator MACD shows a bullish sign despite this showing a bullish rebound with the bullish crossing and a surge in positive histograms.  Why Meme Whales Are Moving from DOGE for DTX Exchange (DTX) As DOGE faces high volatility, meme whales have started adding a new utility altcoin, DTX Exchange (DTX), only priced at $0.18 and offering massive growth potential. DTX Exchange is an upcoming exchange platform that is all set to transform DeFi with its hybrid approach. Using this approach, the platform is bridging the gap between centralized and decentralized finance, bringing the best of them…

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Filed under: News - @ February 19, 2025 9:23 am