While the DTX exchange attracting attention for its features and potential profits, Dogecoin and other cryptocurrencies are generating spectacular profits as the cryptocurrency bull run increases. With the bull run about to begin, several of the leading cryptocurrencies are already generating double-digit net gains.
The meteoric rise in meme coins is accelerating as the price of Bitcoin surpasses $71,000 and the cryptocurrency market approaches $2.5 trillion. The market value of meme currencies has risen to $62.23 billion with a trading volume of $9.74 billion, with Dogecoin leading the way with a 15% increase in the past day.
This biggest meme coin has a huge 140% upside, and the other tokens are likely to deliver exponential gains. Here we will look at the best coin for the upcoming spectacular rise in November DOGE.
Crypto market rises: Dogecoin (DOGE) rises by more than 15% in the last 24 hours
Dogecoin pioneered the meme coin activity in 2021, which later grew into the multi-billion dollar industry it is today. Dogecoin’s value skyrocketed after Elon Musk’s tweet, reaching an all-time high of $0.73. However, will it be able to surpass this level in the next bull run?
While several indicators point to Dogecoin breaking its all-time high, analysts are divided on the price projection for this cycle. In itself, Elon Musk’s tie to pro-crypto candidate Donald Trump is a bullish trigger, and Musk could send Dogecoin skyrocketing with a well-timed X-tweet.
While the potential for parabolic growth is somewhat limited, Dogecoin, the biggest meme, is predicted to benefit from many meme rallies over the next twelve months.
Since DOGE recovered from its monthly lows below $0.1, price volatility has increased. Since then, volume has continued to increase noticeably, indicating that bulls and other market players are sufficiently involved. As a result, DOGE price is poised for a further 25% increase, which could happen at any time now that market views have changed.
Furthermore, the golden crossing of the 50 and 200 day EMAs increases the chances of an upward move. By the end of November, Dogecoin is likely to reach $0.3713 if the upward momentum continues.
The New Investment Opportunity Like DOGE is the DTX Exchange
A new cryptocurrency bull run, like the one in 2021, is just around the corner. After surpassing popular cryptocurrencies like DOGE, DTX Exchange (DTX) is now leading the way. The next destination for investment by the crypto community is the current DTX presale.
Just a few weeks into the pre-sale period, the new hybrid fair has already raised an incredible $6.1 million. Furthermore, predictions indicate that DTX Exchange will do something significant if its token is listed on major cryptocurrency platforms.
The dual trading tool on DTX Exchange is designed to help traders who are tired of complicated techniques. You don’t have to be an expert to follow the strategies of successful traders, learn from them and maybe increase your profits.
Furthermore, DTX Exchange offers a variety of assets for those who limit themselves to trading exclusively in cryptocurrency. You can access tokenized assets, FX, CFDs and stocks in one location. This way you can use both traditional and digital markets to diversify your portfolio without having to transfer platforms. According to analysts, DTX Exchange’s features and prices suggest it will likely follow DOGE’s lead, similar to how it soared in 2021.
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