Interest rate cuts in the US financial sector have impacted the price of most assets, particularly crypto tokens. Meme coins, as always, showed one of the fastest responses to the development, as PEPE might be on the way to breaching yet another resistance ahead of the bull market.
But the big returns were not restricted to meme coins. DeFi coins like SEI and DTX Exchange (DTX) are making trading decisions, but the new DTX token might have something even SEI doesn’t have.
More on the three tokens in a bit!
Pepe Trading Within a Range: What’s Next?
The PEPE token has been static since its rally in May 2024, when it was a major beneficiary of Bitcoin’s halving news. While other top meme coins have had surges intermittently since then, Pepe has been building momentum for a sizable rally.
And that rally might be on the cards already. Pepe has already been 12.88% up in the past seven days, currently trading at $0.000008104 and thumping even DOGE and SHIB. There’s a little downside to PEPE’s trading, however, and traders might be appearing cautious for that exact reason.
The Pepe token is trading between two critical levels, the $0.000009 and $0.000006 marks. Both price levels cause trend reversals, depending on the trading direction at the time, indicating that Pepe will need a lot of momentum to break its upper limit by the next bull market.
SEI Haunted by the $0.4 Resistance: Will It Pump in the Next Bull Market?
The Federal Reserve announcement has nudged networks like SEI into massive surges, as the token was trending towards a two-month high last week. But despite the impressive spike, SEI still seems stuck in a range, much like the Pepe coin.
SEI’s price picked up pace from around $0.2 earlier in the week, with its sights on the resistance at $0.4. However, analysts have suggested that the bulls have yet to completely overcome the mid-range resistance, and further price movements can’t be guaranteed.
SEI is currently valued at $0.38, which is not so far behind its resistance goal but not quite there. At any rate, SEI is building momentum for the next bull market, with its 33.03% weekly gains rising even higher by the day.
DTX Exchange: Trading and Profits, All on One Platform!
When we hear ‘exchange,’ Binance and ByBit are the first thoughts. True, centralized exchanges are often the more popular exchanges, but decentralized exchanges offer so much in terms of freedom and security. Rising through the ranks of DEXs is the DTX Exchange.
DTX Exchange’s features are pretty much standard in the DeFi sector, and the developers have added a little more for an even better experience. So, while you get a KYC-free trading platform, DTX adds a diverse range of assets suited to the many traders it will be attracting.
There are about 120,000 different assets, stocks, bonds, crypto tokens, and foreign currencies alike. Since a diverse portfolio is what the pro traders advise, DTX Exchange makes it easy for beginner traders to choose. Pick the best performers from each market and watch them raise your portfolio gains exponentially.
