DeXe Token Drops 85% After Huge Rally: Is INJ Next?

DeXe experienced a brutal selloff this week, wiping out more than 85% of its value shortly after a massive rally earlier this month. The token had jumped over 115% in early July, attracting heavy trader interest before reversing course sharply.

Chain metrics point to a quick shift in market sentiment as traders take profits and move capital elsewhere. Analytics data shows that the rapid exit of liquidity from DEXE could signal a broader rotation across top performing DeFi tokens, leaving assets like Injective under the spotlight.

Market participants are now watching key support levels and volume shifts to see if this DeFi rotation spreads further. For now, traders should keep an eye on capital flows to spot where the market moves next.