Dogecoin Faces 70% Crash Risk While This $0.18 Coin Gains Institutional Backing

The most popular meme cryptocurrency in the world, Dogecoin (DOGE), is at risk of facing a major drawdown that investors might not be able to handle. The Dogecoin price action shows the formation of an inverse rounding bottom pattern, which could lead to a crash of 70%. Savvy investors have already booked their DOGE positions partially or fully to diversify into the DTX Exchange (DTX), which is seeing massive institutional backing.

DTX Exchange has delivered impressive returns, exceeding 700% for early holders. This project stands out with a solid foundation and strong utility-driven alternative in the trading exchange industry. With institutional inflow, the DTX presale has raised over $14.33 million and entered the bonus round. After the end of this round, it will be listed on tier-1 exchanges like Binance and Coinbase. Experts believe that listing gains could surge up to 100x, delivering enormous gains for early investors.

Dogecoin Price Prediction: How Can It Perform in 2025?

During the November bull rally, Dogecoin was one of the biggest gainers, rising 161% in just 30 days. Profit booking for the Dogecoin price started in December when it reached a high of $0.484. Since then, it has dropped by 45% and is currently trading at $0.269. In mid-January, the Dogecoin price attempted a reversal but faced rejection at the $0.42 supply level. Analysts see this drop as a result of investor sentiment shifts towards utility altcoins.

Source: CoinMarketCap

The weekly chart of the Dogecoin price shows that it has fallen below the 50-week median and is now at the $0.31 indicator. This drop indicates that the price will remain bearish until it returns to the median. The next support level is $0.23, followed by $0.18. These levels will give way to a bounce, from which the price could uplift.

The relative strength index (RSI) of Dogecoin price’s daily chart has recently jumped by six points and is 41, which shows that it is currently turning from a more bearish state to a more bullish one. Nevertheless, investors are still cautious about DOGE, which means the bearish pressure is higher. Besides, MACD indicators crossed the boundary line downward, while its histogram line was below zero, illustrating that sellers had the upper hand.

If the Dogecoin price continues to decline, it could extend the correction to retest its weekly support at $0.18.

DTX Exchange (DTX): A Project Seeking To Revolutionize Online Trading Landscape

DTX Exchange continues to create a frenzy within the crypto world by transforming how people trade and invest assets. Driven by its innovative hybrid technology, DTX seeks to resolve the problems faced by conventional exchanges, which often impose high trading fees and provide a slow platform. By blending its advanced blockchain technology with tokenized assets, DTX Exchange offers a highly efficient platform with fast order execution and reasonable pricing, increasing traders’ profitability.

To allow traders globally on the platform, DTX Exchange adopts a no-KYC policy that lets users register and trade with only an email. The project has been thoroughly audited by one of the best audit firms, SolidProof. This security audit increases investors’ confidence and also makes the project transparent to investors.

Early investors who entered the initial stage have already seen an ROI of over 700%. The project’s innovative model fuels this impressive performance, not speculative hype like Dogecoin. Currently, the DTX token is trading at $0.18 in the bonus round, making it a relatively low entry point for investors who want to be innovative and grow steadily. Because of its rapid development,  it is one of the best cryptos to buy in 2025.

Find out more information about DTX Exchange (DTX) by visiting the links below: 

Buy Presale

Visit DTX Website

Join The DTX Community

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