Shiba Inu (SHIB), the second largest meme coin after Dogecoin, has seen a massive fall in prices during the market downturn. The latest Shiba Inu news surrounding Shibaswap has failed to improve the SHIB price. Consequently, the shift in market sentiments toward utility coins like the DTX Exchange (DTX) is another cause of Shiba Inu’s steep price decline.
Trading at an undervalued price of $0.12, DTX is the most viral utility altcoin of 2024. With its robust infrastructure and innovation, DTX Exchange is preparing to transform the trading perspective in 2025. A small investment in this DeFi newcomer could provide 100-150x gains in this altcoin season.
Shiba Inu’s ShibaSwap Embraces Liquid Staking
According to the recent Shiba Inu news, ShibaSwap, the decentralized exchange (DEX) for the Shiba Inu ecosystem, is gearing up for major updates, including liquid staking. This new feature will allow users to stake their tokens on the platform while keeping them liquid. With liquid staking, users can earn rewards on their staked assets and still have access to those tokens.
In addition, ShibaSwap plans to roll out a Karma Point system. This system will reward users for activities like transferring Shiba Inu ecosystem tokens and providing liquidity on the DEX. However, the Shiba Inu team has yet to announce a launch date for Shibaswap liquid staking.
However, the positive Shiba Inu news flow has been unable to regain the price momentum as the downfall has continued this week. While the Shibaswap upgrade is a major update, the market has not given it much importance.
Source: CoinMarketCap
SHIB, in the last 24 hours, has plummeted almost 18%, pushing the price below the September peak of $0.000020. This support has been crucial in recent months, and if community sentiments show signs of improvement, the bulls can turnaround the situation.
DTX Exchange Presale Performance Stuns Market Experts
In this bull cycle, while major cryptocurrencies are facing severe correction, a few standouts, like DTX Exchange (DTX), have shocked even the experts. In its token presale, DTX Exchange has achieved the $10 million milestone, becoming the best ICO of 2024. This platform proves to be the favorite DeFi, outperforming various emerging and blue-chip cryptocurrencies.
With cutting-edge blockchain technology and remarkable trading tools, DTX Exchange is revolutionizing the exchange industry for once and all. DTX is an all-in-one trading platform featuring amazing features like multi-asset trading, 1,000x leverage, and Phoenix Wallet. This mind blowing tool gives investors an edge over markets with high-profit potential.
Despite being a newcomer in the industry, DTX has surpassed expectations, causing a stir in the crypto community. With the undervalued price and 10,000% profit potential, this coin is at the top of the list of savvy investors. DTX token holders get different features other than price appreciation, like fee reduction, voting rights, and high ROI staking.
Key Takeaways
DTX Exchange (DTX) is quickly attracting experienced investors in its presale, whereas Shiba Inu’s Shibaswap upgrade has yet to positively impact its price. With its incredible features and innovative asset management approach, DTX Exchange aims to completely transform online trading.
DTX is the best crypto investment as early investors currently have a profit of 500%; however, experts believe the presale is just the start, and after the launch on Tier-1 exchanges, DTX can rise 100x.
Find out more information about DTX Exchange (DTX) by visiting the links below:
