(DEXE)
The current price is around $1.88, with limited daily movement at the moment.
Recently, DEXE surged sharply in July, reaching an all-time high near $48.90, before suffering a steep decline of more than 85%. �
Yahoo Finance +1
Exchange flow data indicated that around 261,000 DEXE entered centralized exchanges, which was seen as a sign of selling pressure and distribution by some holders. �
Coinpedia Fintech News
On the other hand, there has been recent activity around the DeXe ecosystem. The project’s channel announced that trading volume exceeded $85 million over four days, with DEXE remaining among the top coins by trading volume on Aster, along with rewards exceeding $200,000. �
Telegram
The DeXe Protocol project itself focuses on DAO governance infrastructure and offers more than 50 smart contracts for creating and managing Web3 products and DAOs. �
Dexe Network
Trading takeaway:
The positive news is that there is ongoing trading activity and product development around the project. However, the major price crash following its peak makes DEXE extremely high-risk. The key question now is whether the price is forming a new bottom or preparing for another downward wave.