Analyst confident of a SHIB surge to $0.0002 as DTX is set to give the meme coin a run

As Bitcoin slows, Shiba Inu eyes $0.0002, but experts predict DTX Exchange may surpass it with bigger gains.

When Bitcoin surges, meme coins spike. But with Bitcoin’s uptrend slowing down, Shiba Inu (SHIB) and other top crypto projects are now in the spotlights as experts debate what directions they might take.

One analyst is tipping SHIB to hit the $0.0002 mark. While that would be quite impressive, the DTX Exchange (DTX) project is contending with Shiba Inu, and experts predict bigger surges for the new project than the meme coin. 

Here’s more on the two impressive crypto projects!

Bullish price predictions for SHIB fuel optimism

Since Bitcoin started its bullish run after the US elections, Shiba Inu’s SHIB has been on an impressive run. The top meme coin has gained 46% in the monthly timeframe. But now that the Bitcoin pump is losing steam, observers have become unsure what to expect from Shiba Inu.

One expert, Charting Guy, has made bold, bullish predictions for the SHIB token. His prediction supports a Shiba Inu rally. The SHIB price can jump to $0.0002 if Shiba Inu continues pumping.

The SHIB price is currently about $0.0000253 on CoinMarketCap, and with some other market experts sharing the same opinion about the meme coin, one can look forward to Shiba Inu making impressive movements on the price charts.

Shiba Inu vs. DTX Exchange: New DeFi project to overtake the top meme coin?

Shiba Inu is getting the bullish nod from most of its investors, and the next question is how long that streak will last. Sure enough, users seem to have been accumulating for the past few months, as the amount of SHIB in centralized exchanges is at an all-time low, but we all know how fast a meme coin can switch. 

The new DTX Exchange platform, on the other hand, has a plan for longevity, as its hybrid features are clearly the pick of the market. DTX Exchange offers multiple trading markets at once, ensuring that users have enough investment opportunities to stay in profit almost every time.

Frankly, simply holding onto DTX tokens is enough to bring profits from the platform. It’s a horde of trading options on DTX Exchange, and a lowdown is waiting for users who are itching to know more about the project.

DTX Exchange: Profits on the way

It’s a crypto exchange, but that doesn’t mean DTX Exchange will only be favorable to the traders. While the platform sports a horde of features to upgrade DeFi trading generally, DTX investors could still get quite the returns on their investments.

First, there’s staking. That’s the staple on any PoS network launching these days, and on DTX Exchange, deposits are significant to the platform’s progress. Staked assets on DTX add to the liquidity on the exchange, ensuring that traders and their activities are well-regulated by the protocol.

Then, there’s DTX Exchange’s plan to reward every token holder. The reward comprises users getting a percentage of the daily trading revenue, which is essentially traders’ fees from the day. The community on DTX Exchange will have very little choice but to be active.

While the platform is still under development for launch, DTX Exchange has prepared the Phoenix Wallet for downloads and beta testing.

The wallet allows web3 enthusiasts to access various operations in the web3 space from their DTX Exchange accounts. Phoenix wallet still differs from the DTX Unified wallet, where DTX traders can monitor their portfolios at a glance. 

DTX Exchange raises over $8 million in its presale

The Shiba Inu meme coin price might be rising, but DTX Exchange is stealing the spotlight quickly. The presale has gone on for only a few months, but everyone—traders and investors alike—is going bullish on the project, and it has now raised over $8 million.

The presale is in Stage 5 now, where each token is worth $0.10. There’s a 100% ROI expected from the presale when the token launches at $0.20, but that’s nothing compared with the anticipated 100x post-launch surge analysts are projecting for the DTX token.

For more information, visit the DTX Exchange presale website and join the online community.

This article first appeared at crypto.news