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With growing interest, DTX’s new and creative features, Shiba Inu’s burn rate, and Dogecoin’s Elon Musk influence might help them achieve notable profits.
This article will examine why traders are noticing these coins and looking for the next big change in the crypto world.
Shiba Inu (SHIB) Burn Rate Soars, Fueled by Massive Whale Activity
The Shibburn tracker has reported a significant spike in Shiba Inu’s (SHIB) burn rate, marking an increase of 1,664.70% since yesterday. Hundreds of millions of SHIB coins have been sent to “inferno” wallets, thanks to the actions of an unknown whale.
In the past few days, 250,898,588 SHIB have been permanently removed from circulation, largely due to a single whale transaction of 250 million coins to an unspendable address. Identified as “itdsafe.eth” on Etherscan, this whale has burned a total of 500 million SHIB in the past week alone, making a substantial dent in SHIB’s circulating supply.
 
Although the Shiba Inu (SHIB) price declined slightly over the past week, dropping from approximately $0.0000132 to $0.00001308, with whales like “itdsafe.eth” continuing to burn large amounts of SHIB, Shiba Inu (SHIB)’s reduced supply could drive prices up, increasing the likelihood of SHIB doubling in value by September.
Elon Musk’s Dogecoin (DOGE) Tease Sparks Hype, Could DOGE Double in September?
Elon Musk has once again ignited excitement within the Dogecoin (DOGE) community with a playful tweet referencing the meme coin. His post read, “Department of Government Efficiency,” cleverly abbreviating to “DOGE.” Accompanied by an AI-generated image of Musk, the tweet quickly captivated his followers and sparked renewed interest in Dogecoin (DOGE).
Musk’s fun involvement with DOGE always raises market excitement, encouraging more activity from community members.
With Musk continuing to tease DOGE, the meme coin is again under the spotlight. The power of Musk’s endorsements and the potential for growing market enthusiasm could fuel a price surge, possibly helping Dogecoin double by September. Dogecoin’s price has experienced a slight uptick of 0.46% this week, suggesting a potential positive trend.
Why DTX Price Could Double by September: Innovative Features and Growing Momentum
Due to its innovative features and growing momentum, DTX’s price could double by September. With over $2 million raised in its presale at $0.06 per token, the DTX Exchange is gaining significant attention.
The platform offers trading across cryptos, forex, equities, and contract-for-differences (CFDs), attracting diverse traders. DTX is notable because it’s the first big exchange to provide 1000X leverage without needing KYC checks. This special feature can draw more people, including seasoned adherents and newbies alike, to the platform.
DTX Exchange’s main goal is to let more people access fintech services. The platform wants to connect the world of cryptocurrencies with regular banking systems. DTX wants to help millions of unbanked individuals join the global economy by giving access to many markets and letting people trade directly from their crypto wallets.
This and other exciting features could increase demand for DTX tokens and potentially double its price this September.
Learn more:
Visit DTX Presale
Read Whitepaper
Join The DTX Community
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Source: https://zycrypto.com/dtx-shib-and-doge-amongst-3-altcoins-that-could-double-in-september/