DIA Coin Is In Its Death Throes While Wall Street Memes Is Set To Explode

Join Our Telegram channel to stay up to date on breaking news coverage

DIA is the ticker for the Decentralized Information Asset ecosystem. The coin experienced a notable surge of approximately 17% following announcing a partnership with ZK Finance. This development generated optimism and excitement among investors.

However, the positive momentum proved short-lived, as the coin swiftly lost its gains. This downturn may be attributed to the prevailing long-term bearish trend that DIA has been facing. Meanwhile, Wall Street Memes (WSM) is ready to explode.

DIA Ethereum-based Token Regulating Web3 Data

Decentralized Information Asset is an Ethereum (ETH) token that regulates the free and public Web3 data and Oracle platform. This platform allows connecting to DeFi market data and centralized APIs for use in smart contracts. It also enables platform upgrade suggestions with DIA serving as voting tokens.

DIA coin price increased 17% on July 13 due to the company announcing the partnership with zkFinance_ZGT. This partnership allows zkFinance users to now take advantage of reliable and accurate price feeds for different digital assets.

📚 @DIAdata_org has been partners with @zkFinance_ZGT

📚 #zkFinance users can now benefit from reliable and accurate price feeds for different digital assets.

🔽 VISIThttps://t.co/J9DvEtHBkn #ARB_Universe $DIA pic.twitter.com/yCKRKtYb1e

— Arbitrum Universe (@ARB_Universe) July 13, 2023

However, just today, on July 14, the DIA coin price slumped after seeing short gains from the partnership. It is down 4.85% so far, extrapolating the bearish trend that started on May 21.

Declining Trading Volume and Delisting: Challenges Faced by DIA Coin

The DIA coin has been under fire from the cryptocurrency community due to its declining trading volume. Unluckily, due to this very reason, KuCoin had delisted it. KuCoin management officially notified Twitter that the DIA/USDT trading pair was removed from the Margin market.

The move was intended to provide customers with the best possible margin trading experience.

#KuCoin Margin Delisting of DIA/USDT

To ensure the margin trading experience of users is the best it can be, KuCoin will delist the DIA/USDT trading pair from the Margin market.

Please check the delisting details at:https://t.co/2VeeCMuFCA pic.twitter.com/GxUk8fFOL0

— KuCoin (@kucoincom) November 2, 2020

On top of that, there have been rumors that the Binance exchange will also delist the DIA coin.

I think binance will delist $dia from the list soon.. Very bad volume pic.twitter.com/RDvcFezpR9

— P$P$𐰢𐰚𐰢𐱅 (@mehmet_ismi) March 7, 2023

Users have been lobbying Binance to delist DIA due to its dangerously low trading volume. Binance has specific criteria for delisting coins with minimal trading volume to provide a robust and liquid trading environment. The low trading volume of DIA indicates limited market interest. It can lead to issues such as price manipulation and lack of liquidity.

These factors have raised concerns about the future viability of DIA and its ability to maintain a market presence.

https://twitter.com/lfabe_/status/1654858732960980992

The DIA Coin has had bad luck, with its value remaining stubbornly low. Despite DIA’s management’s continuous struggles and recent integrations and partnerships, it has failed to regain momentum. Widespread user requests for delisting have further contributed to the challenges faced by the coin.

This string of unfavorable circumstances has hindered the coin’s ability to gain traction and improve its market position.

DIA Price Analysis

At the time of writing, the DIA price is $0.2796, with a 24-hour trading volume of $18 million. DIA is trading down by 4.85% in the last 24 hours. The CoinMarketCap ranks it at #505, with a live market cap of $29.5 million.

The monthly price chart of DIA/USDT reflects a significant concern regarding the trading volume, which has reached alarmingly low levels. Following a substantial decline in May 2021, the price of DIA has continued to decrease consistently.

The coin’s price currently stands at 68% below its initial level. While the coin experienced a few months of gains during its early stages, November 2021 marked a turning point. This was when trading volume sharply declined, coinciding with a significant price decrease. This decline in trading volume and price indicates a notable selling pressure in the market.

Alternative to DIA

Wall Street Memes, a rapidly rising meme coin, has garnered significant popularity and attention within the industry. With an impressive $14.6 million raised in 50+ days, it stands out as one of the fastest-growing presale projects in 2023. This reflects the immense hype and FOMO surrounding the venture.

What sets Wall Street Memes apart is its unique blend of internet culture, hilarious memes, and decentralized finance, capturing the interest of investors. The success of the $WSM token’s presale comes as no surprise. It enjoys extensive support from its community, which has surpassed one million followers. Such a development would likely result in a surge in the price of this meme coin, known for its 100X potential. Thus, early investors are presented with an excellent opportunity to participate while the token’s price remains at $0.0316.

https://twitter.com/wallstmemes/status/1663244944566255617

Satirizing the Financial System with Viral Memes and Influential Partnerships

The core concept behind Wall Street Memes is to satirize the traditional financial system. This is achieved through a bank of memes shared on social media. These memes have quickly gained immense popularity, amassing over 40 million impressions per month.

Consequently, Wall Street Memes has become the primary online destination for trading and finance-related memes. It draws the attention of prominent figures like Elon Musk, who has acknowledged the truthful nature of these memes on multiple occasions.

Wall Street Memes has also strategically partnered with influential individuals such as Crypto Jamie and Aaron CryptoNoob. The project leverages its credibility and expansive reach to further bolster its profile.

Experts, such as Jacob Crypto Bury, a prominent figure in the crypto YouTube space, predict that the size and dedication of this community will undoubtedly influence the token’s listing on top-tier exchanges.