ERC-20 Tokens Shiba (SHIB) And DTX Go Viral In Choppy Crypto Market, Rally Ahead?

Two main ERC-20 Tokens, Shiba Inu (SHIB) and DTX Exchange have gone viral in the market correction. DTX Exchange’s new DeFi trading platform has already gained the attention of investors and has raised over $700,000 in one month. Still in the downtrend, Shiba (SHIB) is also in trend due to fast-paced moves and keeping the name in the famous memecoin community.

Shiba Inu (SHIB) Taking Support at its 200 day moving average

Recently, the Shiba Inu (SHIB) crypto, also known as SHIB, experienced a significant price drop, losing over 10% of its value. Despite this, the dog-themed meme coin has been viral because of an increase in the rate at which its tokens are burned. According to Shibburn, a service that tracks the destruction of SIBA Inu (SHIB) tokens, the burn rate surged by about 12,800% on Tuesday, June 18.

After the fall, it will be hard for the Shiba Inu (SHIB) to start a new leg but it is now taking support at a 200-day moving average. Shiba Inu (SHIB) has dropped below key support levels, and its price has fallen under $0.000019, nearing a further drop below $0.000018; at the time of writing, it is trading at $0.00001863. The next move of the Shiba Inu (SHIB) will be decided by the overall trend of the market.

DTX Exchange Going Viral With Its Presale

With the Shiba Inu (SHIB) in a downtrend, DTX Exchange (DTX) has quickly grabbed the attention of investors, raising over $2 million from private seed funding, more than $100,000 from a public presale in just two days, and over $700k in less than a month. This platform lets users trade cryptos, forex, equities, and CFDs.

It offers advanced and unique trading features that open up unmatched opportunities for its users. DTX will be the first major exchange to allow 1000X leverage without requiring KYC procedures which become hassle for traders and investors.

To improve liquidity and minimize slippage, DTX Exchange uses distributed liquidity pools. Due to its non-custodial wallets, this setup also helps lower the risk of losing funds in case of a security breach.

The platform adopts a community-focused approach, offering low trading fees and allowing traders to optimize their investments. Community members also get governance and voting rights and may soon benefit from potential airdrops. With the current price at just $0.02, now could be an excellent time for investors to get involved in the DTX presale.

DTX Exchange Changing Buying and Selling Assets

DTX Exchange (DTX) is transforming how people access securities by focusing on security token offerings (STOs). This innovative approach allows you to invest in portions of assets like company stocks or bonds. DTX Exchange offers a secure and compliant platform for businesses to issue tokens representing real-world assets, making it easier for them to connect with investors globally and raise capital more efficiently.

For investors, DTX Exchange opens up a whole new realm of possibilities. It expands investment options beyond the usual financial instruments, enabling access to a broader array of assets, including those previously hard to invest in, like private equity or parts of real estate.

Learn more:

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