DEXE Price Drops 12 Percent As Holders Multiply

DEXE recently saw its market value slide by 12 percent, leaving traders questioning the next move for the asset. Price charts show a clear downward trend, testing support levels that could determine if the token stabilizes or faces a steeper correction in the coming days.

Interestingly, the total number of unique addresses holding DEXE has climbed past 54,000 during this selloff. This rise in holders usually signals accumulation, but analysts are watching closely to see if these new wallets are actually buying the dip or simply receiving tokens moved from other sources.

Investors are now keeping a close eye on trading volume to see if the recent influx of holders can provide enough buying power to reverse the current trend. If the price fails to hold its ground, the market may see further volatility as sentiment remains fragile for the project.