Can Shiba Inu Finally Reach $1 This Year? Only After Utility Coins Rally to New Highs

SHIB has grown tremendously to become one of the top meme coins. From its humble beginnings as a meme coin with no utility to a decentralized ecosystem, Shiba Inu has an ambitious roadmap. The Shiba Inu price action has, however, been disappointing lately. It has seen some growth in the last 24 hours as the SHIB bulls are prodding it higher in anticipation of the White House crypto summit.

The Shiba Inu price is 60% down from its December highs, but analysts are optimistic that it will power through these difficult times with its growing utilities like ShibaSwap and Shibarium. Utility-driven tokens are grabbing the most investor attention this year. The DTX Exchange presale had to be extended because of an overwhelming demand for the DTX token. It has immense growth potential, and many crypto whales are flocking to buy the token before it lists on top-tier exchanges and the price rockets. 

Shiba Inu Targets A Position in Top 10 Crypto Tokens

SHIB is valued at $7.8 billion and occupies the 17th spot among the largest crypto assets. Top crypto experts believe SHIB could soon be among the top 10 crypto tokens, as the Shiba Inu price is primed for a massive rebound. Currently, the Shiba Inu price has crossed resistance at $0.000011 to reach $0.000013, and the momentum might see a boost after Friday’s crypto summit.

To indeed mount a breakout, SHIB must break free of its downtrend by a substantial margin, instead of creeping upwards. The Shiba Inu price can potentially touch new ATHs because it has everything a high-potential meme coin needs, internet hype, a passionate community, and several utilities. SHIB boasts ShibaSwap (a decentralized exchange) and Shibarium (a layer-2 scaling solution), and is working on an ambitious roadmap to expand beyond hype so the SHIB token can survive long-term.

SHIB projects like Shibarium reduce transaction costs and improve scalability. They also have successful use cases in the metaverse and GameFi. Because of its growing real-world utility, if SHIB transitions to a governance token, this could push the Shiba Inu price to greater heights. At the moment, SHIB remains largely a speculative asset, which is the biggest hindrance to the growth of the Shiba Inu price.

Last Chance to Purchase DTX Before Public Trading

The DTX Exchange presale has successfully raised $15M in funding from investors. It is about to conclude, and the token will soon be listed and ready to be publicly traded. Considering the DTX use case and its potential to attract global traders and alter the financial markets, the DTX token is poised for massive growth. Ideally, savvy investors would buy the token before the presale ends to take advantage of the $0.18 affordable price.

DTX Exchange will bridge the gap between centralized and decentralized finance. With its integrated and seamless trading ecosystem, it will give users access to a wide array of over 120,000 assets. It will also offer users advanced trading tools, trading bots to automate trades,

real-time market data and on-chain analytics to give traders valuable insights, and enable data-driven trading decisions.

Key Takeaways

The listing price for the DTX token has almost doubled to $0.36. If you participate in the presale now, you stand to double your investment. Many early investors are laughing on their way to the bank, as the initial price was $0.02, and sizable profits have been consolidated already. DTX Exchange is the fastest road to generational wealth, and this is a once-in-a-lifetime opportunity.

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