Meme Slump: Dogecoin and Shiba Inu Nosedive – Experts Believe This New DeFi Crypto Might Be The Next Blue-Chip Coin

Like the rest of the crypto market and other sectors, memecoins nosedived. Dogecoin (DOGE) and Shiba Inu (SHIB) trade downward, reflecting broader bearish sentiment. On the bright side, they are in attractive buy zones—good cryptos to buy at the current price.

Meanwhile, DTX Exchange (DTX), a novel altcoin at the crossroads between DeFi and TradFi, has been hailed by experts as the next blue-chip coin. Besides its bullish narrative, its upside potential as a low-cap altcoin is staggering, not to mention its rapidly growing community.

DTX Exchange (DTX): The Next Blue-Chip Coin?

DTX Exchange (DTX) is a low-cap gem tipped to become the next crypto unicorn due to its solid fundamentals and potential transformation of the $10 billion global trading landscape. It stands at the crossroads between DeFi and TradFi, with a hybrid trading platform as its unique offering.

Taking a bold approach, DTX will combine the best elements of centralized and decentralized exchanges. It will be the first crypto-native platform to allow the trading of conventional financial instruments like stocks and ETFs, bridging the gap between DeFi and TradFi. Some of its key features include wallet-based trading, non-custodial storage solutions and distributed liquidity pools, setting it up for adoption.

With a frenzy to become early adopters unfolding, more than $13.5 million has been raised in funding and over 300,000 wallets recorded. Meanwhile, a token costs only $0.16 in the eighth ICO round, which also happens to be the final presale stage. As it approaches its debut on Tier-1 exchanges, scheduled for Q1, experts predict a 95x rally, potentially outclassing top altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB).

Dogecoin (DOGE): 20% Downturn on the Weekly Chart

Dogecoin (DOGE), the leading meme, tumbled over 20% in the past week. Retesting old supports, the bears have been on a rampage, sparking concerns as the memecoin trades below $0.3. However, a bounce is on the cards, as highlighted by the 9-HMA and 200-SMA—two bullish signals.

Despite current market conditions, a reversal is imminent. Crypto analyst and trader VipRoseTr expects a major Dogecoin (DOGE) move. Their short-term target is $0.29, $0.42 is the mid-term target and $0.52 is the long-term price target—one of the altcoins to watch.

Meanwhile, CW8900, another top analyst on X, has a short-term price target of $0.7. However, considering the declining interest in memecoins, DTX Exchange (DTX), with its great upside, might be the best crypto to invest in, edging out Dogecoin (DOGE).

Shiba Inu (SHIB): Is a Bounce Close?

Reflecting broader bearish sentiment, Shiba Inu (SHIB) trades on the downside, plummeting over 10% on the weekly chart. It changes hands around $0.000015, tumbling from its 30-day high of $0.000024.

However, the coming days and weeks promise more bullish price actions, supported by key technical indicators like the Commodity Channel Index (20) and the 9-HMA. Further, bold Shiba Inu coin price predictions have been flying, serving as a vote of confidence.

Crypto Jaibrah, a leading expert on X, targets $0.000033 once Shiba Inu (SHIB) breaks out of the falling wedge pattern, setting the stage for a rally toward $0.00006. Despite this, savvy investors seeking huge ROIs have been betting on DTX, a new DeFi coin with staggering upside potential.

DTX Exchange (DTX): A More Promising Alternative Than Dogecoin (DOGE) and Shiba Inu (SHIB)

Amid the decline in memecoins—Dogecoin (DOGE) and Shiba Inu (SHIB) plummeting—attention has shifted to DTX Exchange (DTX). Hailed as the next blue-chip coin due to its solid fundamentals and narratives, it is arguably the best new crypto to invest in this year. With plenty of room to run, DTX is a bullish wave not to miss.

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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