Shiba Inu price prediction: Could SHIB get back to 2021 highs, or will this trending alternative dominate
While Shiba Inu (SHIB) has been underperforming intraday price drop compared to the surging momentum of DTX Exchange (DTX), holders are questioning its price prospects about whether SHIB can surge past its previously dominant position it held in 2021 or the emerging presale star DTX will takeover the memecoin with its utility tokenomics.
Visionary trading platform DTX Exchange (DTX) peaks in demand
DTX Exchange (DTX) is solidifying its market dominance with a visionary standpoint of introducing a ground-breaking trading platform that can hook traders with its end-to-end solutions and industry-backed trading schemas. The hybrid model of DTX Exchange (DTX) empowers it with a competitive edge with gas-free trading and hosting of 120k+ digital assets across cryptos, stocks, bonds, commodities, equities, CFDs, and forex. The platform is an innovation hub with artificial intelligence integrated for efficient automation and real-time analytics.
Being a Web3 product, DTX Exchange doesn’t compromise on decentralized security offering traders to get on board with no-KYC and non-custodial wallets. With distributive liquidity pools, quant, algo & copy trading, and the best 1000x leverage it is a top-notch investment choice for high-stake traders wanting to employ the best strategies for maximum profitability and participate in a major transformative force in the billion-dollar trading industry.
SHIB might not go much higher with resistance at $0.000016
Shiba Inu (SHIB) is one of the most prestigious memecoins, boasting an active community that has sparked many bull runs. The recent price trend of Shiba Inu has not been able to break the ceiling with a 3.7% monthly drop despite the market bull has raised eyebrows of the SHIB army over its performance in the upcoming months.
Before looking into the technical analysis and price predictions of Shiba Inu, two major factors that must be highlighted are its soaring burning rate and Shibarium activity. Over 15,089,691 SHIB tokens have been burned in the last 24 hours in 3 transactions. However, the declining activity on its blockchain signals a risk of more downside.
According to the technical analysis, Shiba Inu currently signals a strong buying signal with RSI at 56. ChartingGuy on the X platform has predicted a bullish symmetrical triangle pattern for the SHIB token that can propel its price to new highs, however, the immediate resistance at $0.000016 is strong enough to hold off the momentum of Shiba Inu to reach 2021 highs by the end of this year.
DTX presale booms with $2.7M raised – Stage 4 incoming
DTX Exchange (DTX) has a huge potential to surpass Shiba Inu with its utility tokenomics as global investors explore its ground-breaking tradFi features. DTX has leveled up by introducing an industry-competitive hybrid L1 blockchain that has broken records with 10,000 TPS on testnet and can dust past existing giants like Solana and Tron. With a bullish breakthrough among top 2024 presales, DTX Exchange (DTX) has raised a ground-breaking $2.7 million in batch 3 of the public presale and is ready to go higher at the $0.08 price level as stage 4 nears kick-off. Global traders welcome the next-gen schemas of the AI-powered DTX platform as a major investment opportunity, set to make new all-time highs above $1 after its anticipated Q4 mainnet launch.
Conclusion
Shiba Inu remains a popular option for its SHIB army, but its recent price performance and declining blockchain activity have cast doubt on its ability to reclaim the highs of 2021. While the burning rate and bullish technical indicators offer some hope, it’s clear that its path forward is uncertain. In contrast, as DTX Exchange (DTX) heats up for its mainnet launch, its industry-competitive trading platform is poised to surpass memecoins with utility and cutting-edge features. For investors looking ahead to 2025, DTX’s presale can be a millionaire-making opportunity for them.
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