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Despite market corrections causing anxiety, experts advise against panic selling Dogecoin and BOME, suggesting diversification into high-growth coins like DTX Exchange.
The market correction is making investors anxious, and in panic, they might sell their holdings. But crypto experts have advised investors not to panic sell Dogecoin (DOGE) and Book of Meme (BOME) because these memecoins have been the best altcoins when they have rallied.
Experts emphasized buying high-growth potential coins because when the market changes direction, high-growth coins like DTX Exchange (DTX) will rise nonstop. Some of the Dogecoin and Book of Meme investors have diversified into DTX Exchange.
Dogecoin payment next big thing: Will it change the trend?
If it happens, Dogecoin payment could be the next big thing, and surely, it can change the direction of the trend. Some key members of the Dogecoin community, like Mishaboar, have addressed the rumors about Dogecoin payments being added to X.
The Dogecoin community is very excited because Elon Musk owns X and has supported the cryptocurrency in the past, adding weight to his comments. However, Mishaboar noted that despite all the attention, there’s currently no evidence that Dogecoin is integrated into X’s payment system.
Book of Meme breaks major support level of $0.007
Book of Meme has broken down the major support level of $0.007 from where it took twice in the past. In the last 24 hours, the Book of Meme has decreased by over 25%, and in the last seven days, it has decreased by around 45%.
In just the past week, the Book of Meme price has moved from a low of $0.01 to the current level of $0.0058. If this trend continues, it could see even more downtrend. Investors of Book of Meme who booked their profit or losses are now buying DTX Exchange as it has given a huge return even in this market correction.
Reports: DTX Exchange emerges as leading investment option
Despite the strong bearish trend in the Dogecoin and Book of Meme and the overall crypto market, the new trading platform DTX Exchange has already doubled in value. It launched at $0.02 a month ago and is now trading at $0.04.
DTX Exchange is the first major platform to offer 1000X leverage to users without requiring KYC. It boasts state-of-the-art infrastructure and unique trading features, providing solid opportunities for traders.
With a community-focused approach, DTX Exchange allows traders to optimize their investments with low trading fees. Community members enjoy governance and voting rights and will soon access potential airdrops. Given the project’s promising outlook, the current price of $0.04 seems highly undervalued.
DTX Exchange has garnered significant investor interest, securing over $2 million in private seed rounds and raising over $1.2 million in a public presale. This public presale is expected to reach $2 million by the end of August.
To learn more, visit the official DTX Exchange website.
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This article first appeared at crypto.news
