A Reddit guru who predicted the massive 15,000% Dogecoin price rally in 2021 has set eyes on an emerging altcoin, DTX Exchange. Its presale has been the fastest-selling presale of the year, and the guru believes it can replicate the historical Dogecoin price surge in the next crypto bull cycle.
DTX Exchange raised over $16 million in record time, with over 850,000 members participating. The demand for this undervalued token rose tremendously near the end of the presale, which led to the launch of a bonus round, setting the price of $0.18 per token before the final listing at $0.36.
The bonus round of the presale is the last chance to acquire the tokens at a low price. Analysts say DTX Exchange could outperform DOGE as it offers investors an excellent opportunity to make a quick 2x gain within months.
Is The Dogecoin Price Ready For Another Rally?
The Dogecoin price has experienced a steep downtrend over the last two months. It has declined by over 60% after the rejection from the $0.43 resistance in January. The plunge accelerated two weeks ago due to the market volatility caused by the US Strategic Crypto Reserve, taking the Dogecoin price to the $0.14 support.
Courtesy: TradingView
DOGE was oversold at this point, due to which the demand rose, and it recovered over 20% within a week. In the last 24 hours, the Dogecoin price has declined 1.07% and trades at $0.1729. The trading volume continues to rise and has increased by 57% today.
Despite the increase in demand, the Dogecoin price has been facing considerable resistance at $0.178 for the last few days and is currently trading near the 500-day SMA. The MACD oscillator indicates steadily rising bullish pressure and the RSI Divergence indicator signals a reversal, which means the Dogecoin price could launch into an uptrend if it breaks above the immediate resistance.
Regardless of DOGE’s potential reversal, the Reddit guru prefers DTX Exchange, which has better long-term growth potential due to the shifting market trend towards utility-driven altcoins.
DTX Exchange: The Next Global Finance Leader
While the Dogecoin price readies for another surge, DTX Exchange offers a rare opportunity to make quick and stable returns through its presale. The early-stage project has explosive growth potential due to the immense demand for its real-world utility.
DTX Exchange has gained widespread attention for being the first hybrid exchange that reduces the gap between traditional financial instruments and Web3 assets. Under a unified interface, it offers over 120,000 assets, including stocks, bonds, crypto, forex, etc.
The platform also offers up to 1000x leverage on the majority of these instruments so that retail traders can hold large positions and make the most of their capital.
Moreover, DTX’s native layer-1 blockchain network, VulcanX, has demonstrated a 200,000 TPS speed, surpassing most conventional exchanges in asset transfer speed. Along with this, users can store all their assets in the native non-custodial Phoenix Wallet and efficiently manage their entire portfolio from a single point of contact.
Final Thoughts
The native token, DTX, which is available at $0.18 in the bonus presale round, could outshine the Dogecoin price returns by the time it launches at $0.36. Early presale participants have already made a 900% return so far, but new investors can also grab a quick 200% profit with this final surge.
In this last stage, DTX Exchange provides 100% bonus tokens using the “LIST2X” coupon code, which means new investors can get $2,000 worth of DTX tokens with $1,000, providing them a chance to make 4x gains by listing time.
Furthermore, a prominent Reddit guru has forecasted DTX to mirror DOGE’s 2021 rally, advising holding it until the end of the year to make up to 15,000% returns.
Find out more information about DTX Exchange (DTX) by visiting the links below:
