Despite the ups and downs of investor sentiment in the crypto market, new projects are still gaining popularity. Addressing the critical issues in the $120 trillion trading market, DTX Exchange (DTX) is gaining wide recognition from major crypto whales, including the Shiba Inu holders.
Recently, the project achieved another milestone, surpassing the $13.50 million in its presale.
Meanwhile, the Shiba Inu price has faced massive selling pressure, dropping to a low of $0.00001160. On-chain metrics show that large SHIB holders have shifted to DTX presale amid the market’s free fall. The crash in the Shiba Inu price and better opportunities on the DTX Exchange have caused SHIB to see a huge outflow in the last few days.
Bulls Enter At Critical Support: Will The Shiba Inu Price Uptrend?
SHIB has performed underwhelmingly recently, trading in a downtrend for the past two months. The Shiba Inu price has declined by over 50% in this duration. The downward momentum for SHIB has only increased in the last couple of weeks since the Shiba Inu price dropped below a significant support level after a month-long consolidation.
Source: CoinMarketCap
Due to the continued decline, SHIB has moved below its long-term 200-day and 50-day Simple Moving Averages (SMAs). Today, the Shiba Inu price has recovered slightly with a 4.67% intraday surge, and SHIB is currently trading at $0.00001642.
The sell-off has brought the RSI to 36.25, indicating that SHIB is near the oversold region. If the Shiba Inu price falls further, $0.00001162 is solid support, as evidenced by the massive demand from SHIB bulls on Monday at this level. Thus, the price can reverse from here if the bearish sentiment cools and sufficient demand returns.
Meanwhile, the latest SHIB burn data has again taken a dip, dropping by over 60% in a single day. Despite this, excitement grew even more after the announcement of the Shiba Inu partnership in the UAE. According to Shibburn on X, the burn rate jumped by 577% on Tuesday but dropped again on Wednesday. This sharp decrease has increased the bearish sentiment in the market.
DTX ICO Potential: A Game-Changer in Trading
As Shiba Inu faces high volatility, DTX Exchange (DTX) synergy positions itself to solve immediate pain points in the traditional trading exchange market. Currently, traditional assets like stocks and forex and digital assets like cryptocurrency are traded separately on different platforms and exchanges. DTX Exchange is solving this problem with its hybrid platform, which allows 120,000 assets to be traded under a single umbrella.
By allowing traders to access all the tradable instruments in a single platform, DTX Exchange addresses major problems like complexity in managing portfolios, increasing speed and efficacy, and also reducing fees for operations.
Why do traders need DTX?
- DTX Exchange provides a wide range of assets to diversify a portfolio and balance the risk.
- The increased leverage of up to 1,000x provides the opportunity to utilize the bull market and increase profit significantly.
- The order execution speed of 0.04 seconds allows traders to place a trade swiftly, saving the slippage cost and trading on the smallest market movements.
- Audited by SolidProof, DTX Exchange guarantees the security of users with an advanced cold storage facility and 2FA.
DTX Exchange will disrupt the current financial trading model by introducing the industry’s most advanced technology. The DTX presale has reached its final stage. At $0.16, the tokens are undervalued, making them the best utility altcoin of 2025 and among the best cryptos to invest in right now.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/dtx-exchange-established-itself-as-best-utility-coin-of-2025-after-13-5m-milestone-pulls-shib-whales/