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Dogecoin (DOGE) price has demonstrated a significant downturn, falling below $0.16 amid the meme rally taking a turn. DOGE whales have sold massive amounts of tokens to mitigate losses as the market cap of the broader market slides. DOGE price is 1% up on the intraday chart, displaying a make-or-break situation.
According to recent reports, around 1.5 billion Dogecoins have moved, indicating massive on-chain investor traffic. While some traders are also accumulating DOGE in anticipation of a price rally, a large whale has sold a massive 970 million DOGE, valued at $156.92 million. Another such transaction records a sale of 499.42 million DOGE, triggering a volatile and speculative sentiment for Dogecoin.
Major stakeholders in the crypto market after dumping DOGE holdings are now turning to DTX Exchange and Near Protocol for massive gains. Both the tokens are making strides in their niches, revolutionizing the existing schemas in the deFi world. With key developments and a strong market position, DTX and NEAR prices are set to explode in the next bull cycle.
Among many global exchanges, DTX Exchange (DTX) is stealing the spotlight as the next biggest exchange, boasting the best features of centralized and decentralized exchanges. With advanced automation techniques and a 1000x leverage feature, the traders can gain analytical insights and capitalize up to 1000x in diverse financial markets including forex, cryptos, and equities.
The project has successfully raised a mind-blowing $600,000 in stage 2 of the public presale and is continuously making strides in the deFi space with surging demand. Market experts are optimistic that DTX Exchange might become the next biggest marketplace, thanks to its extensive use case and access to 120k+ digital assets with secure trading through blockchain layer 1 technology.
With its community-driven approach, DTX Exchange makes it easy for early traders to enjoy a seamless experience through its hybrid platform with a no-KYC approach. Priced at $0.04, the DTX token is set to skyrocket beyond $1 once it hits the mainnet in Q2 of 2024, becoming the best presale to invest in for 100x gains.
Despite a dip in price momentum, Near Protocol (NEAR) is emerging as a promising AI crypto to buy in 2024. With the highest market cap of $7.8 billion in the AI space, NEAR is making strides in the cloud computing and blockchain sector. After a surge in the value of NVIDIA’s stocks, Near Protocol emerged as a top choice for investors seeking to take positions in the projects transforming the world through their offerings.
As the bull run approaches, Near Protocol is set to demonstrate a price rebound beyond $10, driven by its increasing demand and extensive use case. With a 12% surge in the monthly timeframe, analysts anticipate that NEAR will be rising out of the consolidation phase in the next few weeks, setting the stage for a massive price breakout.
DTX Exchange and Near Protocol are the two most promising projects in their niche, enhancing the deFi ecosystem with their lucrative offerings and innovative approach. Leading analysts suggest that investing in these tokens is the best decision for massive upside returns as the altcoin summer rally is around the corner.
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.
