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Expert Calls Dogecoin “Falling Knives” as Price Drops 30% in Days, Traders Switch to Viral Utility Coin

Expert Calls Dogecoin “Falling Knives” as Price Drops 30% in Days, Traders Switch to Viral Utility Coin

There have been a series of misfortunes that have hit the DOGE network and pushed Dogecoin price down by an eye-watering 44% in the past month. Experts usually cite the overall market scenario, macroeconomic conditions, as well as various meme coin and crypto concerns. 

The bottom line is that the Dogecoin price has plummeted, and DOGE investors are now stuck looking for alternate options to recuperate their losses. As a meme coin, the back-to-back crisis has wiped out investor confidence in the potential of the DOGE network, especially with signs that whales are exiting their positions as the Dogecoin price remains down. 

Many traders are opting for projects with clearer gain potentials and are picking DTX Exchange. This is a hybrid platform at the tail end of its ICO, in a final bonus presale stage. It has delivered 800% gains from the start of its ICO and will deliver an additional 2X gains when it lists as its proposed listing price is 2x the current presale price. 

Dogecoin Price Charts Bloody As Whales Dump DOGE 

Dogecoin price loses over 40% value as DOGE gets dumped by whales. The entire meme coin sector is experiencing major declines as the recent Lazarus hack as well as earlier rug pull scandals rocked the market’s confidence. With minimal inflows into the DOGE network, the Dogecoin price has touched new lows.

 The Dogecoin price chart shows a drop of over 28% in the past week, and the DOGE market volume is at $2.25 billion. Dogecoin’s price is trading at $0.18 after dropping 12% from $0.21 in the past 24 hours. Some experts still feel that this is a temporary phase and Dogecoin price will revive once the initial shock wears off and the DOGE community generates strong support for their network. However, many investors are excited to pick up more profitable options like DTX Exchange to improve their profit potential. 

DTX Exchange: Tokenized Trading Platform

DTX Exchange (DTX) is a promising new ICO with plenty of growth potential. Along with these growth prospects, its potential to transform the crypto trading scene makes it a solid altcoin to hold on to. It combines CEX and DEX features and bridges the gap between TradFi and DeFi.

 DTX token holders will also benefit from different incentives provided by the platform such as the VIP Rebate System. With it, the holders can earn 3% of the platform’s trading fee income. With a  Layer-1 blockchain infrastructure, the exchange merges decentralized transparency with institutional-grade liquidity. It is recommended as a good project to buy in 2025, as its growth potential contrasts with the stagnation older projects are experiencing. 

 With $15.3 million raised and a final listing price set at $0.36, which is 2x of its presale price, analysts see room for further upside as the platform prepares for its Q2 launch. 

Conclusion

A listing on top-tier exchanges is imminent, and investors should move to secure the DTX token at $0.18 to benefit from the inevitable price surge. Once listed, it will be higher than the current Dogecoin price, which says enough about its potential and growing investor confidence. 

 With 50% of DTX’s bonus stage already sold, the opportunity to buy at $0.18 is running out. As the DOGE network usage keeps falling, projects like DTX Exchange are moving ahead. By blending crypto innovation with traditional markets, its presale growth hints at strong future demand. 

 Use the code ‘LIST2X’ to get a 100% bonus on any token deposits for even higher gains. 

 To know more about the DTX Exchange ecosystem, check out: 

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