Is NEIRO’s Meme King Dream Over? DTX Exchange and SHIB Rise

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NEIRO used to be called the “Meme King” of digital money. But now, two other coins named DTX Exchange and Shiba Inu (SHIB) are becoming very popular. Their prices are going up a lot in December.

People are asking if NEIRO’s big dream is over. Is the December bull run all about DTX Exchange and SHIB now? This article will discuss why DTX Exchange and Shiba Inu are getting so much attention.

Understanding NEIRO: A new kind of digital money

NEIRO is a popular cryptocurrency designed to be fast and cheap to use. The most significant benefit is that when people buy or sell NEIRO, they don’t have to pay extra fees, and the creators don’t keep any extra coins for themselves. This makes NEIRO fairer and more open than some other digital coins.

There are about 420 billion NEIRO coins in total. Because there is only a certain amount, people might want it more, which can raise its value. In October 2024, all the NEIRO coins were worth over $900 million!

NEIRO uses Ethereum’s technology, which is like a strong and safe place for digital money. It also uses “smart contracts,” special computer programs that can make deals themselves.

Some people compare NEIRO to Dogecoin, another popular digital coin.

Presently, NEIRO’s total value is $91.35 million, and in the last 24 hours, people have traded $30.11 million worth of NEIRO coins.

Big seller might affect Shiba Inu coin price

Recently, a very rich person, a “whale” in the crypto world, sold a lot of Shiba Inu coins. They sold coins worth $2.85 million! This made some people worry that the price of Shiba Inu coins might decrease.

When big owners (whales) sell many coins, the coin’s price can drop. 

This whale sold 100 billion Shiba Inu coins but still has 2.5 trillion left! If they decide to sell more, the coin’s prices could increase.

The Shiba Inu coin is doing well right now, and its price has increased by over 26% in the last week! But if the whale sells more coins, it might stop the price from going up.

DTX Exchange: A growing place to trade coins and More

DTX Exchange is becoming very popular because its coin, DTX, is now worth more money. The price of DTX went up to 10 cents. The DTX coin’s price grew by 500% in the past few weeks! That means if you had one coin, it’s worth five times more than before—more than many other coins. People have put over $8.1 million into DTX Exchange. Some people think the DTX coin might be worth $1 before the end of the year.

DTX Exchange is a special place where people can buy and sell many different things. It brings together two types of places: one that is fast and safe, and one that lets you be free and private. On DTX Exchange, you can buy and sell over 120,000 things.

The DTX token is essential for DTX Exchange. If you have DTX tokens, you pay less money when you trade. By voting, you also get better information and can help decide how the platform grows. DTX Exchange also lets you earn money by staking your tokens, which is like saving them to get more later. They have helpful tools for both new and experienced traders. DTX Exchange wants to become one of the most significant places to trade.

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*This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/11/20/is-neiros-meme-king-dream-over-dtx-exchange-shib-rise/