The crypto market is in correction so far, and only a few of the top altcoins are still recording notable profits. Dogecoin (DOGE) and Stellar (XLM) have entered into correction mode since the start of the week, shorting considerably from their all-time highs.
In the world of under $1 coins, a new DeFi coin is coming out to challenge the status quo. DOGE and XLM might have had the best month last month, but the new project is promising so much more for longer in the new year, and traders are already excited about the new DeFi coin.
Dogecoin is Consolidating Amid a Changing South Korean Political Landscape
The declaration of martial law in South Korea set the crypto market—and many other sectors—back by a stretch. Even now that the president has revoked the declaration, the market and tokens like DOGE are still reeling from the damage.
Dogecoin was tipped for a bullish December, where it would compete for a spot in the top five cryptocurrencies list. But the DOGE price has been hovering around the $0.44 price level for a few days now.
Some analysts also predict that the Dogecoin price could correct to $0.30 given its recent struggles. The retracement could provide a rebound point for the DOGE token. A surge to the dollar mark is still very much on the cards for Dogecoin; there’s just not enough momentum for that right now.
Stellar Enters a Correction Phase as XLM Holders Pullback
Two weeks ago, the XLM token was the toast of the market with its 173% surge. The average DeFi coin doesn’t deliver numbers like that in a week, and traders were intrigued about Stellar’s future.
The short-term held little for them, though, as XLM spent most of last week in correction. Stellar lost 8% value in the week to lead the top losers among the highly ranked cryptos. The loss saw most of the XLM long positions on exchanges close for fear of even deeper shedding, and the Stellar is still shedding, trading at $0.4877.
Much like Dogecoin’s DOGE, the current retracement on Stellar doesn’t necessarily invalidate the expected bullishness. XLM could make it to the dollar mark in 2025; only the timeline will be delayed now.
But a new DeFi coin is promising a surge to the dollar mark in no time!
DTX Exchange to Revolutionize DeFi with Hybrid Trading and 120,000+ Assets
The trading market is about to get an upgrade of sorts from the DTX Exchange project, as the platform will be introducing hybrid trading to regular DeFi offerings. And by hybrid trading, the DTX Exchange means a truly diverse ecosystem.
The hybrid nature of DTX DTX Exchange’s project begins with the range of assets. The trading platform has over 120,000 assets available for trading, and there’s ample chance for users to curate their portfolios. It gets even more fun when they realize that the assets span all three main digital financial markets: stock, crypto, and Forex.
Apparently, crypto traders won’t be the only ones benefiting from DTX Exchange. It’s a loud call to all traders globally who would want all their trading done on the single interface with the best perks and no need to keep switching between apps for Forex or stock trading.
Some of the assets come with 1000x leverage options, options that will see the trader manipulate high market positions even with limited capital.
Fast payout, no KYC, and a seamless trading experience from start to finish are among the perks traders can look forward to on DTX Exchange.
DTX: Utility and Demand to Drive the DeFi Coin Price to $1!
2025 already bears significant promise for the crypto sector, as Donald Trump’s administration will feature relaxed rules for the DeFi industry. DTX Exchange is already pulling in traders on its presale, and for good reason.
Even more interestingly, experts predict that the myriad of trader-friendly features on the DTX Exchange will generate massive use cases and drive demand for DTX. The DeFi coin could pump by 2,500% and beat DOGE and XLM to the dollar mark.
The earliest investors on the DeFi coin are at 500% profits at the moment, and it’s never too late. DTX is valued at $0.12 now in Stage 6 of the public presale, and new investors would be in 66% profit when the DeFi coin launches at $0.20 in a few weeks.
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