Shiba Inu and PEPE Stay Rangebound as DTX Exchange Crosses $2 Million Raised

Shiba Inu (SHIB) and PEPE continue to trade within a narrow range as the market eagerly awaits the latest developments in the crypto world. Notably, the DTX exchange has successfully surpassed $2 million raised in its ongoing presale, with each token currently priced at $0.06.

Shiba Inu (SHIB) Remains Rangebound Despite Minor Gains

Shiba Inu (SHIB) has trended down by 7.64% over the past week, continuing a range-bound trend between $0.44 and $0.0000135. The Exponential Moving Average (EMA) suggests a bearish outlook for SHIB, with the technical indicator displaying a "Sell" sign indicating a downward trend.

Despite some fluctuations, SHIB has been unable to break out of this range due to indecision among bulls and bears about the token's future direction.

PEPE's Bearish Trend and Declining Price Movement

The past week has been negative for PEPE, with the price falling by 14%. The token declined steadily from $0.0000099 to a low of $0.00000757, before experiencing a slight uptick to end at $0.00000780.

The EMA indicates a bearish trend for PEPE, recommending a "Sell" action due to selling pressure, resulting in a 31.36% decline reported by the EMA (50).

DTX Exchange Surges Past $2 Million Milestone

While SHIB and PEPE remain stagnant, DTX Exchange has attracted over $2 million in capital since its launch due to its exceptional user activity and token utility. Presale participants enjoy benefits such as discounted trading fees, reduced transaction costs, and access to premium features.

DTX Exchange recently launched its testnet, allowing users to experience the platform's features in a live environment.

Key Takeaways

• DTX Exchange has raised over $2 million, driven by strong token utility.
• Shiba Inu (SHIB) and PEPE remain rangebound, reflecting market indecision.

Additional Resources

• Visit DTX Presale
• Read Whitepaper
• Join The DTX Community