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crypto.news 2025-01-30 20:45:53

SHIB whales exit meme positions, new altcoin sees capital inflows

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While data shows that SHIB whales are exiting meme positions at a high rate, capital is flowing to a new viral altcoin, DTX. Table of Contents SHIB’s price declines DTX Exchange: The next disruptor in crypto trading DTX’s presale Conclusion Shiba Inu (SHIB) whales are making moves, and the crypto market is taking notice. With the Shiba Inu price struggling and key technical indicators flashing warning signs, major holders are exiting their meme coin positions at an unprecedented rate. At the same time, a new player, DTX Exchange (DTX), is attracting serious investor interest with its trading platform, high-leverage opportunities, and rumors of an upcoming exchange listing. SHIB’s price declines Shiba Inu has had a disastrous few weeks. The meme coin is currently trading at around $0.0000189, down 5.97% on the weekly chart and 12% in the past month. Experts suggest a major selloff could begin if the $0.000010 support is lost, potentially leading the Shiba Inu price to add one more zero to it. Technical indicators such as the MACD and the 20-VWMA indicate a potential downswing. However, the Commodity Channel Index and the 9-HMA point to a Shiba Inu price bounce. This uncertainty is making SHIB investors seek new horizons like DTX Exchange. Notably, SHIB whales are historically known for exiting meme positions to enter projects with high potential. You might also like: Solana volume makes new highs but leading weekly gainers are JUP, DTX Exchange DTX Exchange: The next disruptor in crypto trading DTX Exchange is a soon-to-be-launched platform that is all set to be the first crypto-native platform to offer over 120,000 commodities under its platform, saving DTX users from the hassle of switching different platforms. VulcanX, its layer-1 blockchain, will facilitate this revolutionary aim. The platform just released its testnet, which processed a transaction in less than 0.4 milliseconds and offered an anticipated TPS of over 200,000, differentiating itself from the competition in the industry. By providing high leverage up to 1000x, the platform is further upping the ante and enabling users to access maximum liquidity. To further maximize profits for traders, the platform will also provide advanced trading capabilities, including algorithmic trading, automatic investing, and copy trading. There has been speculation that DTX Exchange may soon be listed on a tier-1 exchange. Analysts have predicted a significant price surge that could push the price of DTX up to $2 per token if the rumors turn out to be accurate. You might also like: BNB faces increased competition from $13m presale project DTX’s presale The DTX presale has shown stellar growth since its launch. The total presale funding currently stands at $13.2 million, setting it as one of the best ICOs in 2025. Each DTX token is available at $0.16. This price point has already given the token’s early investors an ROI of over 450%. The presale still has the potential to deliver big gains as the listing price is anticipated to be significantly higher. Conclusion While Shiba Inu struggles, DTX Exchange is rapidly gaining traction with its transformative trading ecosystem and potential for a major exchange listing. With a presale already surpassing $13 million, early investors are seeing promising gains, and analysts predict a massive surge upon launch. For more information on DTX Exchange, visit their website or Telegram . Read more: Solana and XRP rally 60%, but this utility altcoin could hit $10 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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