Meme Season Over? Dogecoin and Shiba Inu Investors Turn Their Attention Towards Mantix $MTX.

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Meme Season Over? Dogecoin and Shiba Inu Investors Turn Their Attention Towards Mantix $MTX. Press Release

The crypto market has grown to unimaginable heights, and this year, investors are looking for something more worthwhile than meme’s speculative hype. Meme projects like Shiba Inu (SHIB) and Dogecoin (DOGE) gained momentum in 2021 and dominated the market until recently. 

Once the go-to options for many institutional and retail players, these projects are losing their appeal to a new DeFi sensation: Mantix (MTX). With its decentralized infrastructure for the next evolution of on-chain trading, industrial experts see Mantix as a high-potential altcoin that can deliver 100x in 2025.

Mantix (MTX): DeFi utility readies a 100x rally

Unlike Shiba Inu (SHIB) and Dogecoin (DOGE), which rely solely on speculation and trends, Mantix has real utility. It redefines what trading means for everyone through its decentralized exchange, which offers cross-chain swaps, stake-to-earn and aggregated liquidity provisioning.

Mantix has strong fundamentals built to make the platform compete with leading DEXs, including Hyperliquid, GMX and dYdX. The platform leverages the powerful scalability of Optimistic and ZK roll-up technology to deliver the fastest execution on all trades.

The $MTX presale has accumulated more than $600,000 in only its first stage, while the token is valued at $0.02. Considering the high demand from market participants, the token’s price is set to rise to $0.0218. Experts anticipate that those who buy in early will enjoy a 100x surge once its DeFi utility gains mainstream adoption. Hence, Shiba Inu and Dogecoin traders have also joined the presale.

Market participants who follow suit and join early will enjoy greater returns through the $MTX revenue-sharing model, staking, governance, smooth trading, instant buyback and regular burn.

Dogecoin mania over? DOGE forms a  death cross, risks trend reversal.

Dogecoin price analysis. Source: U.Today

Dogecoin had an excellent month. The meme king posted a 25% MoM surge to $0.22 until it formed a chilling death cross signal. The ominous crossover, where the 50 SMA slips beneath the 200 SMA, has pointed to a potential trend reversal in Dogecoin price action. For a moment, the death cross played out. Dogecoin slid close to $0.2, extending its three-day dip.

The downturn wiped out over $15.8 million in liquidations after Trump announced a 50% tariff hike on EU-imported goods. This week alone, DOGE has lost 2%. Meanwhile, analysts have identified a double top at $0.25, a pattern that hints at weakening momentum. A break below $0.2145 could send DOGE tumbling to $0.1667.

Shiba Inu price enters a consolidation phase.

Shiba  Inu 1M price chart. Source: Coinmarketcap.

Like Dogecoin, SHIB’s price hit a historical supply wall at $0.000016. SHIB’s liquidity data shows that over 530 trillion coins are at this level and an attempt to breach this zone may induce selling pressure. Amid this move, technical indicators like the Awesome Oscillator (AO) flashed red histogram bars. 

Despite this positive reading, the AO position indicates bullish momentum around SHIB is waning. Meanwhile, SHIB’s on-chain data shows many holders in the red. IntoTheBlock reports that almost 130,000 SHIB holders who bought the token between $0.000015 and $0.000019 are sitting at a loss.

Conclusion

If this momentum remains the same, it may signal the end of meme season in this cycle. With the shift to more sustainable projects, Mantix steals the spotlight through its DeFi utility. Besides, the Mantix ecosystem is designed to ensure stability, with real incentives like buybacks, stake-to-earn, burn, revenue sharing model and a fixed supply of 1.2 billion tokens.

Join this fast-growing presale at the current discounted price before the launch and expected boom. 

Find Out About The Newest Online Trading Platform Below

Website:
https://mantix.exchange

X/Twitter: https://x.com/mantixonline

Telegram: https://t.me/mantixonline

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned.

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