Shiba Inu (SHIB) Burns Show 320% Spike, Pepecoin (PEPE) Pumps 36% In A Week, DTX Exchange Revolutionizes Trading with AI-Driven Solutions

With meme coins like Shiba Inu (SHIB) and Pepecoin (PEPE) on a surge, investors are seen as excited about the meme coin rally

Shiba Inu (SHIB) and Pepecoin (PEPE) are among the meme coins that have seen recent price surges. However, some investors are shifting their attention to the emerging DeFi marvel, the DTX Exchange.

Shiba Inu (SHIB) Burns Show 320% Spike

The Shiba Inu (SHIB) burn index saw a rapid surge of 320.33% over a span of approximately two hours. This development was fueled by the collective efforts of the meme coin's community, who collectively burned a total of 10,312,196 Shiba Inu (SHIB) tokens over the last 24 hours.

Of the total burns, the largest batch involved the transfer of 6,942,069 SHIB tokens to an unspendable wallet in a single transaction. This was followed by another substantial burn of 3,316,000 SHIB tokens. Overall, only four burn transactions were processed during this period.

The initiator of the recent transaction, which burned 6,942,069 Shiba Inu (SHIB) tokens, remains unidentified. However, according to comments posted on the Shibburn account's tweet regarding the burn, it is speculated that the SHIB team may have executed the burn through Shibarium, which now performs all Shiba Inu (SHIB) burns automatically by converting BONE tokens into Shiba Inu (SHIB) and sending them to dead-end wallets.

Pepecoin (PEPE) Pumps 36% In A Week

An analysis of the Pepecoin (PEPE) price action reveals several key technical indicators and patterns that suggest a potential bullish breakout.

One prominent pattern is the falling wedge, which is a bullish reversal pattern that often indicates an upcoming upward price movement after a period of consolidation. The wedge for Pepecoin (PEPE) is narrowing, and the price is approaching a possible breakout point, which could lead to a significant price surge.

Furthermore, a support zone has been established, and the price consistently tests and bounces off this level, indicating strong buying pressure and preventing further declines.

The 50-day simple moving average (SMA), represented by the blue line, is currently trading below the 200-day SMA (green line), which reflects a previous bearish trend for Pepecoin (PEPE). However, there’s a potential moving average crossover near the current price, suggesting that a bullish crossover could be imminent if the 50-day SMA rises above the 200-day SMA.

DTX Exchange Revolutionizes Trading with AI-Driven Solutions

Despite being in its presale stage, DTX Exchange is a dominant force in the cryptocurrency space. Artificial intelligence powers its ground-breaking features and end-to-end trading solutions. Within that framework, these features improve the effectiveness of every platform operation.

Trading professionals have turned to DTX Exchange in an effort to boost their profit margins by incorporating cutting-edge automation concepts and hybrid blockchain Layer-1 solutions. Additionally, with DTX’s leverage of up to 1000x, investors are guaranteed enormous returns.

DTX Exchange is an impressive platform that combines traditional and decentralized capabilities. Additionally, by utilizing the DeFi platform, individual investors gain access to several capital access channels. There are numerous ways to obtain capital because DTX Exchange provides a wide range of intriguing trading products.

The sophisticated hybrid DTX platform incorporates concepts of revenue-sharing and grants access to the platform’s governance, among other features that promote active community interaction. It’s interesting to note that DTX has raised more than $3 million in presale fundraising, and analysts predict that amount will rise even higher. The DTX utility token is currently trading at $0.06 during Stage 3 of the public presale, which is a 200% profit over its starting value of $0.02.

When DTX enters Stage 4 of the presale, the price will increase by 33% to trade at $0.08. Thanks to these enormous advances, DTX has managed to eclipse SOL, ETH, and NEAR in popularity.

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