Last Summer PEPE Went Mainstream and Surged Over 1200%, This Year This DeFi Token Might Be Next

Several altcoins gain prominence every year with their remarkable performance. Last year was associated with the successful launch of PEPE, displaying a 1200% upsurge within months. With shifting dynamics in 2024, market experts predict two prominent deFi tokens to compete for market dominance – Shiba Inu (SHIB) and DTX Exchange (DTX).

PEPE was launched in April 2023, gaining significant prominence after the exchange listing.  The memecoin quickly grabbed the center stage emerging as a top memecoin, boasting a capital of $5 billion. PEPE led the meme rally multiple times after its launch, indicating its impact on the broader meme sector.

In the recent month, PEPE witnessed a massive rally, making a new all-time high and standing third place in the ranking table below Shiba Inu (SHIB) and Dogecoin (DOGE). After a notable price correction, investor sentiment is shifting to other promising deFi tokens for massive upside gains.

Shiba Inu (SHIB) is a prominent memecoin, boasting a market cap of $10 billion. The memecoin is emerging as a prominent investment avenue after its high-burning activities and key integrations for real-world utility. In just 24 hours, the burning activity has surged by 6000%, and the total supply burnt is at 410.72 trillion SHIB.

According to charts, Shiba Inu (SHIB) faces critical resistance at $0.0000180, hindering its upward momentum. The bearish trends are coming to a reversal point where Shiba Inu (SHIB) is expected to find strong support at $0.00002083. Following its massive potential and developments planned for 2024, Shiba Inu (SHIB) is a major contender for market dominance.

DTX Exchange (DTX) is a revolutionary hybrid exchange that offers traders lucrative opportunities and profit capitalization techniques through its 1000x leverage feature. The tradFi platform has gained high investor traction due to its extensive roadmap and massive growth potential in various financial markets, including forex, cryptos, equities, and CFDs.

The platform has recently created waves with its mind-blowing $750,000 raised in round 2 of the public presale. Following its exceptional presale performance and cutting-edge technology, the platform is poised to outperform legacy exchanges, replacing their need with its hybrid model.

Traders can bid on higher positions using the DTX trading platform to capitalize on profits, along with DTX wallets and multi-tier accounts offering secure holding of digital assets. At the presale price of $0.04, investors rush to participate in this no-KYC project, which is set to moonshot to $1 once it hits the main market.

While both projects are top favorites for investors due to their massive potential, DTX Exchange possesses an upper hand due to its early-stage potential and utility-based tokenomics, unlike SHIB. Investing in DTX hybrid platform can be the lucrative opportunity availed before the next bull run approaches.