Crypto enthusiasts have been drawn to meme coins like Pepecoin (PEPE) and Dogwifhat (WIF) in the past few years; however, the sentiment shift observed at the end of 2024 from meme coins to utility coins is still evident. During the market rebound, PEPE and Dogwifhat (WIF) showed weak momentum and struggled to break the local barriers.
Savvy investors adopting the sentiment shift are diversifying into the first-ever hybrid exchange, DTX Exchange (DTX), built to revolutionize the traditional finance sectors with the help of blockchain technology. According to experts, DTX could be among the top gains of 2025 as it is preparing for the Binance launch.
While Bitcoin has once again reached near the $100k mark, Pepecoin (PEPE) has dropped 6.28% from its previous swing high to the breakout level. The weekly statistics reveal a gain of 12.31%, while the performance for the last 30 days is still negative. With a trading price of $0.00002074 and a market cap of $8.69 billion, investor confidence in PEPE hasn't shown yet. The absence of activity has raised some investors' concerns regarding the future growth of the coin.
Pepecoin is trading above the 50-day exponential moving average, which is currently the main price support level. The Relative Strength Index (RSI) is at 53, suggesting that prices are falling due to a drop in momentum. The next potential target may be the December high if the price of Pepecoin breaks the $0.0000219 level. At this point, investors should be cautious and look for alternatives in the market.
Dogwifhat (WIF) has slid down to the fourth position from the second in the Solana memecoin list as it has crashed by nearly 60% from the $4.83 high. WIF is one of the coins severely impacted by the recent correction. With this drop, Dogwifhat (WIF) has broken the long term trendline support it was following from August last year. Due to the lack of utility, Dogwifhat’s charm is losing among the investors as the way it started.
Since Dogwifhat (WIF) has yet to show bullish momentum, experts think the sluggish behavior could continue for a few more weeks. A crypto enthusiast, Natalie Dormer, posted her wave analysis, mentioning that Dogwifhat (WIF) could form a reversal near the $1.98 support zone.
Seeking good returns from utility coins, investors are turning from meme coins like Pepecoin (PEPE) and Dogwifhat (WIF) towards creative real-world application coins like DTX Exchange (DTX). DTX offers a breakthrough trading exchange that bridges the gap between centralized and decentralized exchanges. This platform is built on the powerful VulcanX blockchain capable of 100,000 TPS for enhanced accuracy and efficiency.
DTX Exchange allows trading in cryptocurrency, equity, CFDs, and 100,000+ currency pairs. The trading platform offers unparalleled tools like AI portfolio management, 1,000X leverage, and advanced analytics tools for large market data; this tool not only helps to backtest but also mitigates the risk in open positions.
As the first community-backed hybrid exchange, DTX offers various income streams for community members. DTX’s VIP rebate program lets users earn a share of the exchange’s revenue fee, which helps with better community engagement and long-term profit for users.
With $11,334,128 raised in the seventh stage, the DTX token is trading at an attractive price of $0.14. Experts predict it could surge by approximately 21,000% after it hits tier-1 exchanges like Binance and ByBit. With its unique infrastructure and rapidly growing popularity, DTX Exchange has established itself as a top gainer in 2024 and is poised to achieve even greater heights in 2025.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.