#FedSeenHoldingRatesJuly29
The DEXE token experiences a terrible 70% drop this Tuesday.$DEXE
The native token of the DeXe Network (DEXE) DAO focused on decentralized finance and social trading has suffered a drastic setback. This commercial reversal occurs after a year of exponential growth in which the coin remained in an upward trend despite pessimism in the broader cryptocurrency market.
Despite having significantly multiplied its valuation and accumulating enormous performance so far in 2026, the asset is experiencing a -70.2% plunge over the last 24 hours. This violent correction has dragged the coin’s price down to $10.62 per unit as of the time of writing this note. The fall rightly sparked alarms for mass liquidations within the market. Economy
The current bearish move represents a severe capitulation from its recent all-time high of $48.89 recorded on July 13.$DEXE
The rapid evaporation of capital is primarily driven by large-scale profit-taking by both institutional and retail investors. This behavior was naturally triggered after the protocol recorded a vertical rally of over 900% fueled by its new operating tools.
In this way, the DEXE token is now a nightmare for retail investors, especially those who entered late. Historically, a profit-taking event of this kind in a low market-cap token is hard to reverse back to the previous level.$DEXE
The DEXE token experiences a terrible 70% drop this Tuesday.$DEXE
The native token of the DeXe Network (DEXE) DAO focused on decentralized finance and social trading has suffered a drastic setback. This commercial reversal occurs after a year of exponential growth in which the coin remained in an upward trend despite pessimism in the broader cryptocurrency market.
Despite having significantly multiplied its valuation and accumulating enormous performance so far in 2026, the asset is experiencing a -70.2% plunge over the last 24 hours. This violent correction has dragged the coin’s price down to $10.62 per unit as of the time of writing this note. The fall rightly sparked alarms for mass liquidations within the market. Economy
The current bearish move represents a severe capitulation from its recent all-time high of $48.89 recorded on July 13.$DEXE
The rapid evaporation of capital is primarily driven by large-scale profit-taking by both institutional and retail investors. This behavior was naturally triggered after the protocol recorded a vertical rally of over 900% fueled by its new operating tools.
In this way, the DEXE token is now a nightmare for retail investors, especially those who entered late. Historically, a profit-taking event of this kind in a low market-cap token is hard to reverse back to the previous level.$DEXE