The crypto market is in correction so far, and only a few of the top altcoins are still seeing notable profits. Dogecoin (DOGE) and Stellar (XLM) have entered correction mode since the start of the week, significantly short of their all-time highs.
In the world of sub-$1 coins, a new DeFi coin is coming out to challenge the status quo. DOGE and XLM may have had the best month last month, but the new project promises much more in the new year, and traders are already excited about the new DeFi coin.
Dogecoin consolidates amid changing South Korean political landscape
The declaration of martial law in South Korea set back the crypto market, along with many other sectors. Even now that the president has revoked the declaration, the market and tokens like DOGE are still reeling from the damage.
Dogecoin was predicted for a bullish December, where it would compete for a place in the list of top five cryptocurrencies. But DOGE price has been hovering around the $0.44 price level for a few days now.
Some analysts also predict that Dogecoin price could correct to $0.30 given its recent struggles. The retracement could provide a rebound point for the DOGE token. A rise in the dollar is still very likely for Dogecoin; there just isn’t enough momentum for it right now.
Stellar enters correction phase as XLM holders retreat
Two weeks ago, the XLM token was the toast of the market with its 173% rise. The average DeFi coin does not provide such numbers in a week, and traders were intrigued by the future of Stellar.
However, the short term didn’t do much for them as XLM spent most of last week in correction. Stellar lost 8% of its value during the week and became the first loser among the top-ranked cryptocurrencies. The loss saw most XLM long positions on exchanges closed for fear of an even bigger loss, and Stellar is still losing, trading at $0.4877.
Much like Dogecoin’s DOGE, the current retracement on Stellar does not necessarily invalidate the expected uptrend. XLM could reach the dollar mark in 2025; only the schedule will now be delayed.
But a new DeFi coin promises a surge to the dollar 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 introduce hybrid trading to regular DeFi offerings. And by hybrid trading, the DTX Exchange means a truly diverse ecosystem.
The hybrid nature of the DTX DTX Exchange project starts with the asset lineup. The trading platform has over 120,000 assets available for trading and users have ample opportunity to manage their portfolios. It gets even more fun when they realize that the assets span the three major digital financial markets: Stocks, Crypto, and Forex.
Apparently, crypto traders won’t be the only ones to benefit from DTX Exchange. This is a strong appeal to all traders around the world who want all their transactions to be done on a single interface with the best benefits and without the need to continually switch between applications for Forex or stock trading.
Some assets come with 1,000x leverage options, options that will allow the trader to manipulate high positions in the market even with limited capital.
Fast payment, no KYC, and a seamless trading experience from start to finish are some of the benefits traders can expect on DTX Exchange.
DTX: Utility and Demand to Drive DeFi Coin Price to $1!
2025 is already very promising for the crypto sector as Donald Trump’s administration will impose relaxed rules for the DeFi industry. DTX Exchange is already attracting traders during its presale, and for good reason.
More interestingly, experts predict that the myriad of trader-friendly features on DTX Exchange will generate massive use cases and drive demand for DTX. The DeFi coin could rise by 2,500% and beat DOGE and XLM to the dollar.
Early investors on the DeFi coin are currently making 500% profits, and it’s never too late. DTX is now valued at $0.12 in Stage 6 of the public presale, and new investors would make a profit of 66% when the DeFi coin launches at $0.20 in a few weeks.
Learn more:
Buy in presale
Visit the DTX website
Join the DTX community
