Shiba Inu (SHIB) Price Skyrockets, See Likely Targets

The meme coin market is showing a huge uptrend after a stale movement in the past few months. One memecoin leading the charge is no other than the Shiba Inu coin.

Shiba Inu (SHIB) price soared by double digits this week, continuing its rally after being listed on Robinhood. SHIB price is now up by 167.7% year-to-date and might rise to $0.00002000 soon. Pepe (PEPE) price also surged by 39% in the past month. Coincodex predicts PEPE crypto could reach $0.00001382 in the short term and $0.00003602 in the long term. Meanwhile, DTX Exchange (DTX) raised about $3 million in funding thanks to its latest listing on CoinMarketCap.

Shiba Inu (SHIB) Price Might Hit $0.00002000 Soon

After a dull movement in the past few months, the meme coin market is finally showing a huge uptrend. Leading this charge is the Shiba Inu coin. According to data from CoinMarketCap, the meme coin is up by double-digit percentages on the weekly and monthly timeframes.

The year-to-date gain currently sits at 167.7%. Moving forward, analysts are expecting more gains in the coming weeks. They believe that the Shiba Inu price might rise to $0.00002000 soon. It has already crossed the 50-SMA at $0.00001406 and 200-SMA at $0.00001849.

According to WorldOfCharts1 on X, the value of Shiba Inu crypto could reach $0.00003400 in the next trading sessions. He explained that the token broke out of a falling wedge and might rally to this level.

Pepe (PEPE) Joins Memecoin Rally With New Price Targets

Over the past month, the value of Pepe (PEPE) has increased by 39%, joining the top meme coins in the market. The coin’s market cap has also increased during this period. It is consolidating between $2.5 billion and $4.5 billion on the monthly time frame.

In terms of price movement, Pepe coin is trading above the 50-SMA ($0.000007956) and 200-SMA ($0.000008593). Crossing the 200-SMA is bullish and gives more prospects of the Pepe price increasing to new, much higher levels in the future.

There is evidence of a strong buying signal, as supported by the 14-day RSI and VWMA (10), respectively. Coincodex predicts that the value of Pepe crypto may rise to $0.00001382 in the short term. In the long term, there may even be a possibility of the memecoin reaching $0.00003602.

DTX Exchange (DTX) Raises $3M in Funding, to Soar With SHIB, PEPE

DTX Exchange (DTX) has seen a massive influx of capital from investors raising funds gathered to over $3 million. This influx comes after the DeFi coin got listed on CoinMarketcap. Analysts expect the momentum to remain and forecast a price surge of 10x before the end of Q4.

Meanwhile, DTX Exchange is building a hybrid platform that blends the benefits of centralized and decentralized exchanges into one. It solves problems such as accessibility, privacy, and security.

Through the integration of DeFi and TradFi, DTX enables users to trade different assets like stocks, options, indices, CFDs, bonds, etc. Also, DTX Exchange has a special trading feature that enables up to 1,000X leverage. This leverage allows traders to take large positions with small capital and make more profits.

Furthermore, DTX Exchange does not have a strict KYC check. The absence of such checks allows investors to trade these assets anonymously from anywhere in the world. This feature is what makes DTX Exchange stand out in the market.

Currently, in the fourth stage of its presale and valued at $0.06, the DTX coin is among the best coins to invest in. Those who have it can use it to receive passive income and have access to low fees.

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