The crypto market is buzzing with excitement as Elon Musk’s latest move pushes Pepecoin (PEPE) into the limelight. It sparked a surge in the PEPE price and trading volume. Meanwhile, Dogecoin (DOGE) maintains its upward trajectory despite bulls seemingly shifting focus toward the promising DTX Exchange (DTX). Let’s take a closer look into these developing trends and what they mean for traders and investors.
Elon Musk Strikes Again: How Kekius Maximus Boosted PEPE
Elon Musk, the CEO of SpaceX and Tesla, sparked controversy by changing his X profile. The technology entrepreneur renamed himself Kekius Maximus.
Additionally, the well-known Pepe the Frog meme, which served as the catalyst for the PEPE launch in April 2023, is in his new display shot. In his X post, Musk referred to the online game Path of Exile, where reaching level 80 is a significant accomplishment.
The cryptocurrency community responded swiftly to Musk’s input, expressing hope for Pepe the Frog and the meme coin PEPE. Many people mentioned the alt’s ticker, PEPE, in the reply section. In addition, some individuals introduced a new meme token called KEKIUS.
After Elon Musk’s action, the coin with a frog motif, PEPE skyrocketed. On the weekly chart, PEPE surged over 14% from the daily low of $0.00001779 to $0.00002062.
Pepe is currently selling at $0.00002062, with an uptick in its trading volume suggesting strong trader interest. Technical indicators support PEPE’s upward trajectory. The 4H Moving Average Convergence Divergence has approached a bullish crossover with the signal line. That suggests a potential buyer revival.
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Additionally, the Relative Strength Index (RSI) of 62 indicates that PEPE gains have additional capacity before reaching overbought conditions.
Dogecoin’s Battle: Bulls vs. Bears in the Quest for $1
After a remarkable 250% increase in 2024, the price of Dogecoin (DOGE) increased by about 10% in 2025. The meme cryptocurrency continues to gain traction and trades above important levels. Market analysts provide predictions on whether bulls can continue DOGE’s upward trajectory this week, extending its impressive resilience.
The DOGE price is currently trading over $0.35, a 2.36% rise over the previous day. The price movement of the cryptocurrency shows a consistent increasing trend, with a high of $0.349 and a low of $0.3169 for the day.
Dogecoin, which ranked seventh among cryptocurrencies at press time, has shown endurance in spite of trading 54.01% lower than its peak of $0.7376 (reached on May 8, 2021).
The meme coin has successfully finished a retest of the crucial wedge barrier, indicating the possibility of an upward breakthrough. In line with Dogecoin’s projected rise to greater levels, this technical pattern is frequently linked to price acceleration.
If positive momentum returns, the Dogecoin price might rise beyond $0.35, with $0.50 and $0.73 as potential goals. If DOGE these levels, it may start to move in the direction of $1. However, if bears take back control, the price can go below $0.30, indicating a more significant downturn.
On the 4-hour chart, the Relative Strength Index (RSI) is at 63, suggesting a positive outlook but approaching overbought conditions. It might indicate that the bulls might be moving away from the DOGE. Moreover, they might be aiming at other altcoins on the list, such as DTX.
From ICO to Innovation: Why DTX Is the Talk of the Crypto World
DTX Exchange (DTX) is an upcoming platform that plans to transform the traditional finance market with its revolutionary approach. It is bringing over 100,000 commodities like stocks, ETFs, bonds, forex, and cryptocurrencies, under one roof. That will save its users from the hassle of circling in-between different platforms to manage different assets.
The platform is backed by its giant layer-1 blockchain, VulcanX. Through it, the platform connects financial assets of all eras all together. DTX recently launched its testnet, giving an estimated speed of over 100,000 TPS. Thus, it has set a record for being one of the fastest in the industry.
Further highlighting its offerings, DTX Exchange offers up to 1000x leverage. This means that one with a minimal investment of $100 can access maximum liquidity. It stands out as an appealing feature for both experienced and newbie traders. The platform recently launched its Phoenix Wallet, which is a safe and secure non-custodial solution for holding all your assets.
The concept behind the platform, combined with these innovative offerings, has resonated a lot with the broader market of investors and traders. Hence, the hype is clear surrounding the projects.
Bulls now seem to be moving away from the meme coin darling Dogecoin as DTX Exchange (DTX) picks up momentum. It is currently in its presale phase and has collected over $11.2M in funding. That too in a very limited period. It has gotten analysts terming it one of the fastest-growing ICOs of the recent time.
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Source: https://www.thecoinrepublic.com/2025/01/05/pepe-on-radar-after-musks-shocking-move-bulls-move-from-dogecoin-to-a-0-14-altcoin/