Dogecoin (DOGE) OG Investor Finally Gives Up After 6 Months, Wallet Data Shift to Viral $0.12 Altcoin

By December 26, 2024 No Comments

​The memecoin sector is losing its shine after months of bullish rallies are missing in action. Shifting investor attention, DTX Exchange (DTX) has crossed major milestones in its ongoing public presale at $0.12 per token. So far, the surging demand among bullish investors has accelerated its total circulating supply to 93%, with only hours before it enters stage 7.

Dogecoin (DOGE) Might Hit a Bullish Rally Soon

Dogecoin price has bounced back nearly 20% from the lows of $0.2685 earlier this week and is now setting up the stage for a parabolic rally ahead. As of press time, the DOGE price is trading up 2% at $0.32, with its market cap surging past $47 billion.

The recent volatility in Dogecoin comes as part of the broader crypto market selloff last week after the US Federal Reserve switched to hawkish commentary with fewer-than-expected rate cuts in 2025. While DOGE still trades 20% down on the weekly chart, bullish expectations from crypto market analysts show that a DOGE rally is there in the offing.

Prominent crypto analyst Ali Martinez has suggested a potential rebound for Dogecoin (DOGE), the leading meme coin. On Monday, December 23, Martinez noted in an X post that the TD Sequential indicator had triggered a buy signal on DOGE’s daily candle chart, signaling a possible price reversal, per the CNF report.

Source: TradingView

The TD Sequential is a technical tool traders often use to identify trend exhaustion and predict price reversals by analyzing prior candle closes. This buy signal aligns with Martinez’s earlier analysis, where he indicated that DOGE could be on the brink of a parabolic rally, adding further optimism to the meme coin’s outlook.

Memecoin Favorite Eyes Parabolic Rally to $18

Prominent crypto analyst Ali Martinez has highlighted Dogecoin’s (DOGE) historical price patterns, suggesting the meme coin could be poised for another explosive rally, reported CNF. Martinez noted that in 2024, DOGE has already risen by 440% and retraced by 46%. For Dogecoin to set the stage for a parabolic rally ahead, improvements must also be made in the on-chain metrics.

As per the Coinglass data, the DOGE open interest is once again on the rise, currently up 5.38%, shooting past $2 billion. Elon Musk’s potential influence in driving Dogecoin (DOGE) toward its historic $1 target remains a topic of speculation, particularly as he assumes his new role as co-head of the D.O.G.E. agency during Donald Trump’s upcoming term.

For now, the focus is on Dogecoin’s immediate technical performance. The meme coin must demonstrate resilience by breaking through the critical $0.42 resistance level before aiming for higher targets, including the much-anticipated $1 mark.

Memecoin Investors Shift to DTX Exchange (DTX) For 25x Gains

DTX Exchange (DTX) has finally claimed its rank as the most viral crypto of 2025 after the memecoin sector lost its traction to this new deFi entrant. DTX Exchange is beating Dogecoin and many other memecoin cryptocurrencies with its marvelous presale rally and the bullish sentiment building in the network.

This deFi project has slammed all previous AI cryptos with its cutting-edge L1 blockchain technology. The platform also features state-of-the-art trading options like up to 1,000X leverage, distributed liquidity pools, non-custodial wallets, and no confusing KYC requirements whatsoever.

DTX Exchange Raises $10.55M In Stage 6: Ready To Enter Stage 7

According to the leading crypto analysts, DTX Exchange’s ongoing bullish sentiment is well prepared to launch it to new highs in 2025. While the memecoin investors are increasingly moving towards different investment opportunities, DTX Exchange (DTX) is making major strides in the crypto ecosystem.

DTX Exchange’s recent major milestone of getting listed on a leading website earned it a global sign of success. While performing successfully among crypto giants, the platform hasn’t shown any flaws or bearish sentiment in the project, which indicates high investor confidence and potential in the network. Join now!

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Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.