Dogecoin Jumps 5% After Elon Musk

PEPE On Radar After Musk’s Shock Move: Bulls Move From Dogecoin To $0.14 Altcoin


The crypto market is buzzing with excitement as Elon Musk’s latest move thrusts Pepecoin (PEPE) into the spotlight. This caused an increase in PEPE price and trading volume. Meanwhile, Dogecoin (DOGE) maintains its upward trajectory despite bulls seemingly shifting their focus to the promising DTX Exchange (DTX). Let’s take a closer look at these developing trends and what they mean for traders and investors.

Elon Musk strikes again: How Kekius Maximus boosted PEPE

Elon Musk, CEO of SpaceX and Tesla, caused controversy by changing his X profile. The technology entrepreneur renamed himself Kekius Maximus.

In addition, the well-known Pepe the Frog meme, which served as the catalyst for the launch of PEPE in April 2023, is featured in his new demo video. In his X post, Musk referenced the online game Path of Exile, where reaching level 80 is a significant achievement.

The cryptocurrency community was quick to respond to Musk’s entry, expressing hope for Pepe the toad and the PEPE meme coin. Many people mentioned the alternative ticker, PEPE, in the answer section. Additionally, some individuals introduced a new meme token called KEKIUS.

After Elon Musk’s action, a coin with a frog motif, PEPE, jumped into the sky. On the weekly chart, PEPE rose over 14% from a daily low of $0.00001779 to $0.00002062.

Pepe is currently trading at $0.00002062 and increasing trading volume suggests strong interest from traders. Technical indicators support PEPE’s upward trajectory. The 4H moving average convergence divergence approached a bullish crossover with the signal line. This suggests a potential revival of buyers.

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Additionally, the Relative Strength Index (RSI) of 62 indicates that PEPE’s gains have additional capacity before reaching overbought conditions.

Dogecoin Battle: Bulls vs. Bears in Search of $1

After a remarkable 250% rise in 2024, the price of Dogecoin (DOGE) has risen by around 10% in 2025. The meme cryptocurrency continues to gain momentum and is trading above important levels. Market analysts are making predictions on whether bulls can continue DOGE’s upward trajectory this week, extending its impressive resistance.

The price of DOGA is currently above $0.35, which is a 2.36% increase from the previous day. The price movement of the cryptocurrency shows a consistent upward trend, with a high of $0.349 and a low of $0.3169 for the day.

Dogecoin, ranked seventh among cryptocurrencies at the time of publication, has shown resilience despite trading 54.01% lower than its peak of $0.7376 (reached on May 8, 2021).

The meme coin has successfully completed a retest of the key wedge barrier, indicating the possibility of a breakout to the upside. In line with Dogecoin’s predicted rally to higher levels, this technical pattern is often associated with price acceleration.

If positive momentum returns, Dogecoin price could rise above $0.35, with $0.50 and $0.73 as potential targets. If it DOGS these levels, it can start to move in the direction of $1. However, if the bears take control again, the price may fall below $0.30, indicating a more significant decline.

On the 4-hour chart, the Relative Strength Index (RSI) is at 63, suggesting a positive outlook, but approaching overbought conditions. This could mean that the bulls may be moving away from the DOGE. Moreover, they may be targeting other altcoins on the list, like DTX.

From ICO to Innovation: Why DTX is the Talk of the Crypto World

DTX Exchange (DTX) is an upcoming platform that plans to transform the traditional financial market with its revolutionary approach. It brings more than 100,000 products like stocks, ETFs, bonds, forex and cryptocurrencies, under one roof. This will save its users from the hassle of cycling between different platforms to manage different assets.

The platform is backed by its massive layer 1 blockchain, VulcanX. Through it, the platform connects financial assets of all periods. DTX recently launched its testnet, delivering an estimated speed of over 100,000 TPS. This set the record as one of the fastest in the industry.

Further highlighting its offerings, DTX Exchange offers up to 1000x leverage. This means that one with a minimum investment of $100 can access maximum liquidity. It stands out as an attractive feature for both experienced traders and beginners. The platform recently launched its Phoenix Wallet, which is a safe and secure custody-free solution for keeping all your assets safe.

The concept behind the platform, combined with these innovative offerings, has resonated well with the wider market of investors and traders. Therefore, the hype surrounding the projects is clear.

Bulls now appear to be moving away from meme coin darling Dogecoin as DTX Exchange (DTX) gains momentum. It is currently in the pre-sale phase and has raised over $11.2 million in funding. And for a very limited period. Analysts have called it one of the fastest growing ICOs in recent times.

To learn more about the DTX Exchange ecosystem, see:

Visit the website

Buy in advance

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