Due to the increasing bearish wave, it hasn’t been a great month for all meme coins in the market. Despite Bitcoin’s swift ascent beyond $100k, experts warn that these quirky coins could face a massive sell-off before the year ends. This situation is quite evident with Pepe Coin (PEPE) and DogWifHat (WIF), as they witness more selling pressure. It has spurred many to conclude what could help circumvent their losses and turn their fortunes around. Amidst the ongoing market dip, DTX Exchange has become the ultimate winner with its captivating presale event and approach to the trading world. So far, this viral project has raised over $10.5 million within two months. Let’s find out more about these cryptos in this post. Meme Coins Face Huge Sell-Off: What it Means for Pepe Coin (PEPE) and DogWifHat (WIF) There’s no doubt that meme coins impressed in the 2024 market year, with investors and traders speculating if they could trigger the bull run. Those speculations may be over as the meme coin sector faces huge drawdowns in its overall market cap. Experts have warned that these assets, especially WIF and PEPE, could see more price drops. Starting with Pepe Coin, a careful look at its charts reveals that its upward movement from May 2023 may have ended. Since its December peak price of 0.00002739, PEPE has dipped by over 50% in value, currently sitting at $0.00001747. On the technical side, things aren’t looking great for this once-promising asset, and we might see more bearish moves before the year ends. DogWifHat faces a similar trajectory despite its promising start to the 2024 crypto market. The coin’s weekly chart points to a more bearish phase as the price continues to retrace after its peak price of $4.86 in March. While it recovered briefly to the upside, thanks to Trump’s victory and Bitcoin’s 100k march, WIF now trades at $1.86, a -40% from the past month. As sellers increase on these meme coins, traders could focus on DTX Exchange to help recover their losses before the new year. DTX Exchange Emerges as the Ultimate Winner in the Crypto Market Despite PEPE and WIF’s continued drawdowns, the focus is shifting to DTX Exchange , which could dominate the crypto scene and is perhaps the most talked about in DeFi. This project is designed to be a hybrid platform powered by its innovative layer-1 blockchain technology, VulcanX. DTX isn’t just about hype; it’s about delivering real value. Its hybrid model, combining the strengths of centralized and decentralized systems, has resonated with a global audience. As a result, the altcoin gains value with every passing day. At the center of this ecosystem lies the DTX Token, which holds certain perks for holders and traders. Token holders enjoy reduced trading fees, access to premium features, and loyalty rewards. On top of that, the decentralized governance system gives users voting rights over platform upgrades. This would put power directly into the hands of the community. While meme coins face uncertainties that have shaken investor confidence, DTX Exchange thrives and aims to become a clear alternative. Its interoperability is a game-changer, enabling seamless trading across multiple blockchains. This opens the door to a vast range of assets and liquidity that enhances the user experience. Notably, retail traders and investors are flooding DTX’s presale, eager to claim their stake in what could be a historic crypto rally. This hybrid platform has captivated traders and investors with its presale performance, smashing records in Stage 6. DTX tokens are available at $0.12, and their demand continues to soar. Early backers have already enjoyed significant returns of over 500%, and there are no signs of slowing. As the presale progresses toward its listing price, analysts forecast an explosive rally once the token hits major exchanges. DTX Exchange Could Be the Altcoin That Could Deliver Steady Gains in 2025 The meme coin market may continue to see more selling pressures into the new year. As WIF and PEPE feel the impact of the bearish wave, DTX Exchange is eager to become the ultimate winner. DTX Exchange has all the hallmarks of a market leader: cutting-edge technology, unmatched versatility, and a fair presale gaining traction. It’s no surprise that investors are eyeing it as the better alternative to meme coins. With exchange listings on the horizon, it would be best to take advantage of DTX Exchange’s early stages before it soars. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community The post Experts Ring Alarms For Memecoins! PEPE & WIF Sellers Increase While DTX Exchange (DTX) Becomes Ultimate Winner appeared first on TheCoinrise.com .
