DeFi
$0.04 DeFi Altcoin Resists During Red Market as Altcoins Sink; investors abandon PEPE, DOGE and FLOKI
As the red wave hits the market, investors are quickly moving away from some of the most hyped altcoins, including Pepe (PEPE), Dogecoin (DOGE), and Floki (FLOKI).
Despite this bearish trend, a DeFi altcoin priced as low as $0.04 has managed to sail against the wind amid market turbulence.
Deepwater PEPE price: 21% increase
Pepe (PEPE) is a popular choice among meme coin enthusiasts, but the recent market downturn has not spared it. It is currently trading at a price of $0.00001167 and over the last 30 days, PEPE price has fallen by 21%. Its market capitalization is $4.9 billion and its trading volume is $924 million, an increase of 78%.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the relevant company.
Its relative strength index is around 40, approaching an oversold zone. Despite this decline, PEPE’s high trading volume suggests that the coin retains interest from traders and is potentially poised for a recovery once the market stabilizes.
DTX Exchange (DTX) boom: exceeds $730,000 in presale
Amid a broader decline, the DTX exchange has emerged as a revolutionary DeFi platform. Built on the Ethereum blockchain, DTX uses cutting-edge infrastructure and smart contract capabilities to create a decentralized and secure trading platform. As traders seek stable and innovative platforms, the technical prowess of the DTX exchange makes it a compelling choice.
At the base of DTX Exchange are smart contracts that manage order execution, trade settlement and asset management. These self-executing contracts ensure that transactions happen automatically and transparently, eliminating the need for intermediaries. This decentralized approach increases the efficiency and security of the business process.
Dogecoin (DOGE) hit by 28% market turbulence
Dogecoin (DOGE), the original meme coin, suffered a notable decline, reflecting broader market sentiment. The current price of Dogecoin is $0.122 and over the last 30 days the decline is 28%.
With a market capitalization of $17.75 billion and an impressive 63% increase in trading volume to $982 million, Dogecoin is showing signs of a possible recovery. Its RSI of 28.49 points suggests it is deeply oversold, potentially signaling a buying opportunity.
Floki tries to recover after a 23% drop last month
Inspired by Elon Musk’s Shiba Inu dog, Floki (FLOKI) is currently valued at $0.000173, down 23% over the past 30 days. Its current market capitalization stands at $1.66 billion, with a trading volume of $300 million, a growth of 81%. Its RSI at 31 suggests that FLOKI is approaching oversold conditions.
Despite the price drop, FLOKI’s community marketing and consistent trading volume indicate a dedicated user base, supporting hopes for an eventual recovery once market conditions improve.
DTX Exchange gains momentum against PEPE, DOGE and FLOKI
With its cutting-edge layer 1 blockchain, DTX Exchange leads some of the leading altcoin giants such as PEPE, DOGE, and FLOKI. Its support for the Ethereum Virtual Machine (EVM) plays a vital role in the DTX Exchange infrastructure, running smart contracts and ensuring that exchanges and transactions are carried out exactly according to predefined rules.
DTX Exchange’s decentralized order book, powered by smart contracts on the Ethereum blockchain, records and matches buy and sell orders transparently and fairly, without a central authority. This increases liquidity and facilitates real-time trading with minimal latency, making it the preferred platform for traders seeking efficiency and security.
In the current market sentiment, as PEPE, DOGE and FLOKI face significant declines, the DTX exchange stands out thanks to its cutting-edge technical framework and decentralized philosophy. Its ability to provide a safe and efficient business environment has a huge impact on the market with successful future prospects of over 100% ROI and extremely profitable opportunities.
Learn more:
Visit the DTX presale
Read the white paper
Join the DTX community
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the relevant company.