SHIB set to recover, but analyst predicts DTX Exchange will beat PEPE in 44 days

SHIB set to recover, but analyst predicts DTX Exchange will beat PEPE in 44 days

Shiba Inu (SHIB) has long been a favorite among meme coin enthusiasts, but recent market trends suggest a shift in focus. While SHIB is showing signs of recovery, analysts are pointing to a new contender — DTX Exchange (DTX) — as a potential outperformer. With its utility-driven model and growing investor interest, one prominent analyst now predicts that DTX could surpass PEPE in just 44 days.

With DTX in its final presale round and having raised over $13 million, competition in the altcoin market is intensifying. But can it truly outpace PEPE and solidify its place among the top contenders?

Shiba Inu (SHIB), one of the most talked-about meme coins, recently faced a significant downturn, dropping to $0.00001743 before showing signs of recovery at $0.00001837.

Source: Tradingview

However, price action isn’t the only factor influencing SHIB’s outlook. A major leadership shake-up has sent ripples through the community, as lead developer Shytoshi Kusama announced his resignation, citing the need for a “new direction” for the project. While Kusama will remain involved as SHIB’s lead ambassador, the transition has raised questions about the project’s future.

Despite these uncertainties, analysts remain bullish on SHIB’s short-term trajectory. Projections indicate a potential 66% surge in February, with an estimated price target of $0.00003048. If realized, this would mark a significant turnaround for SHIB following its recent downturn.

Pepe Coin (PEPE), another high-profile meme coin, has struggled to maintain momentum in recent weeks. The token currently trades around $0.00001246, reflecting a 0.76% decline over the past 24 hours, a 17.34% drop over the past week, and a 30.38% correction over the past month.

Source: Tradingview

From a technical standpoint, PEPE is nearing oversold territory, with its Relative Strength Index (RSI) at 39 — a sign that selling pressure has been dominant. However, the ADX (66) indicates a strong downtrend, suggesting that bearish momentum remains intact.

Key support levels sit around $0.00001000, with resistance at $0.00001640. Breaking above resistance could signal a bullish recovery, but if the token dips below support, further declines could follow.

Despite current struggles, analysts predict a potential rebound to $0.000020 by late January, with some forecasts suggesting a 228.68% surge to $0.00005963 by February. However, given PEPE’s volatility, traders are advised to approach these predictions with caution.

While meme coins like Shiba Inu (SHIB) and PEPE continue to captivate the market, DTX Exchange (DTX) is quietly emerging as a breakout altcoin. Aiming to revolutionize the trading space, DTX plans to offer stocks, cryptocurrencies, and forex trading on a unified platform, effectively bridging traditional finance (TradFi) with decentralized finance (DeFi).

Powered by the VulcanX blockchain, DTX delivers impressive scalability, processing up to 200,000 transactions per second (TPS) in its testnet phase. This high-speed infrastructure sets a new benchmark for the blockchain industry, ensuring seamless and efficient trading experiences for users.

With a community of over 550,000 members and growing investor interest, DTX is quickly carving out a niche in the crypto space. In its final presale round, priced at $0.16, DTX has raised over $13 million, signaling strong investor confidence. As the project gains momentum, analysts predict that DTX could surpass PEPE in market performance within just 44 days.

The meme coin sector remains one of the most unpredictable segments of the crypto market. SHIB’s anticipated recovery and PEPE’s volatile outlook highlight the challenges faced by speculative assets.

Meanwhile, DTX Exchange is emerging as a serious competitor, offering a compelling mix of real-world utility and strong investor backing. With its final presale round underway, investors are eager to secure a position before the project’s official launch. While SHIB and PEPE fight to reclaim their bullish momentum, analysts believe that DTX’s fundamentals could drive sustained long-term growth — potentially outpacing meme coins in the weeks ahead.

To know more about the DTX Exchange ecosystem, visit:

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Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

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Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

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