Given their mainstream appeal, memecoins are among the few narratives with a long shelf life. This intersection of crypto and fun has onboarded millions of new users to Web3. At the forefront of this movement are Dogecoin (DOGE) and Pepe (PEPE). Following the recent market downturn, these altcoins trade on the downside.
The intersection of TradFi and DeFi is equally important and one of the most innovative projects at this crossroads is DTX Exchange (DTX). This new player combines the best elements of centralized (CEX) and decentralized (DEX) exchanges, giving users the best of both worlds.
DTX Exchange (DTX): Aiming for 100x Gains
DTX Exchange (DTX) is a novel project to bet on this year for several reasons. For starters, its hybrid protocol is set for adoption as it will reshape the $10 billion global trading market. It will allow seamless trading of traditional asset classes and DeFi tokens, bridging the gap between TradFi and crypto.
The DTX Exchange is being built on the Ethereum blockchain, leveraging its robust infrastructure and smart contract capabilities to build a decentralized and secure trading platform. Its total token supply will be capped at 475 million, with 50% going into presale and the rest into company reserve, the team, ecosystem development, advisors and airdrops.
Bearing the above in mind, adoption is all but certain. At its current price of $0.04 in round 2 of the presale, a potential 100x jump is projected after its market debut. This makes it one of the best cryptos to invest in, even ahead of top memes like Dogecoin and Pepe.
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Dogecoin (DOGE): Comeback Approaches
Dogecoin (DOGE), the pioneering memecoin, successfully carved out a niche in the crypto space. It launched in 2013 as an experimental project and has onboarded millions of new users to crypto since its debut. Its lightheartedness and easy-to-understand narrative—a dog-themed cryptocurrency—make it a retail favorite.
It was one of the biggest highlights during the 2021 bull market. A peak price of $0.7 was registered on May 8, 2021—a bit shy of $1. However, there has been over 80% decline in the Dogecoin price since then.
The recent market downturn pushed it further into bearish zones, sparking concerns. Nevertheless, a bounce seems to be around the corner. A popular Dogecoin price prediction suggests a jump past $0.3 before the month’s end, clearing a path toward a new peak.
Pepe (PEPE): Eyes on a New Peak
Pepe (PEPE), a frog-themed cryptocurrency, stands out from the prominent dog meme crypto narrative. It was inspired by the 2000s internet meme Pepe the Frog, becoming a top altcoin after its debut in 2023. With plenty of room for growth, it is a favorite not only among retailers but also institutional investors.
The Pepe coin price has gone on several discoveries this year, highlighting its growing adoption. The latest was in May, during the buzz around Ethereum ETFs. However, amid profit-taking and the wider market downturn, it swung low, plummeting by over 50% from its peak.
On the bright side, the Pepe coin is in an attractive buy zone. The already budget-friendly altcoin presents an even lower entry point, positioning it among the best coins to invest in. A new peak is anticipated before the month’s end, making it a promising wave not to miss out on.
Conclusion
Despite the recent drop in momentum, Dogecoin and Pepe are on a bullish path, with a comeback on the horizon. Meanwhile, DTX Exchange has been tipped for a 100x upswing after its launch. To ride this huge bullish wave, we recommend checking out this presale.
Visit the official DTX Exchange (DTX) website for the latest updates and information.
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