DEXE Price today

Bitcoin experienced significant volatility, dropping under 90,000 USD due to selling pressure. It hit a low of 89,256 USD before recovering by approximately 6,000 USD to reach about 95,000 USD as investors bought back in.

Altcoins continued to decline, with DEXE noting the largest loss of over 13%. Ethereum also dipped below 3,000 USD, achieving a low of 2,920 USD prior to recovering to 3,165 USD, indicating a challenging trading environment for these assets.

Recently, DeXe Network’s X account has shared details about DeXe DAO’s latest strategic plan. Highlights include the releasing DeXe Protocol on Ethereum and the launching of a Staking-Governance feature within #DAO.

Following this announcement, $DEXE showed a strong positive reaction, surging by 30% within 24 hours to reach $19.5 this morning. In addition, DEXE’s 24-hour trading volume soared to $31.95 million, tripling the average volume recorded over the past 10 days.

On December 21st, DeXe, a decentralized trading platform renowned for its portfolio copy-trading feature, introduced a new DAO-specific staking mechanism.

Designed to attract new users, reward active contributors, and foster community loyalty, this mechanism has been well-received by the market.

Following the announcement, DEXE reacted positively, surging 19% from 9.14 USD on December 21st to 10.94 USD today.

Fantom (FTM) is the top gainer: Fantom (FTM) stands out today, leading the market with impressive growth. Its strong performance on December 14, 2024, highlights investor confidence, making it a focal point for those seeking new opportunities in cryptocurrency investments.

Significant rises for Algorand and DEXE: Both Algorand (ALGO) and DEXE (DEXE) have demonstrated noteworthy increases. Such upward trends in their market values reflect changing sentiments, positioning them as attractive options for investors looking for robust returns in the current landscape.