Analyst Javon Marks highlighted the recent movement of AI altcoin DeXe (DEXE), which has shown renewed strength after a brief correction.
He believes the target of $27,811 remains wide open. If reached, the price of DEXE has the potential to surge by more than 129% from its current level. This view confirms that the upward momentum is not over but is still in a significant development phase.
DEXE gains momentum with AI sector boost and on-chain strength
In the past 24 hours, DEXE recorded a 1.05% increase to around $11.14. This increase extends its weekly rally of 60.64%, with the market cap reaching approximately $931.42 million.
This surge was largely driven by positive trends in the AI-based crypto sector, which has risen 5% in the past week. Large institutions are known to be injecting funds into projects like Bittensor and Render, fueling broader sentiment in the sector.
As a DeFi protocol with AI-based governance integration, DeXe has also felt this boost. However, more significantly, this altcoin’s daily trading volume surged 112% to $157.55 million.
Besides price and volume, DEXE’s on-chain development between August and September 2025 also strengthened its position.
In early August, DeXe officially launched AgentBound Tokens (ABT) as an innovation in governance. ABT provides direct accountability at the smart contract level, with mechanisms such as slashing, bonding, and reputation all processed on-chain.
This move expanded the application of AI-agent-based governance while increasing transparency in every voting process, proposal, and pool participation.
A Cyberscope audit in the same month also revealed the state of DEXE’s token supply. Data recorded a total supply of approximately 96.5 million tokens with approximately 2,870 holders. Burn activity was virtually invisible, keeping the supply distribution stable.
This information provided a baseline for transparency for the community regarding the token supply. Shortly thereafter, on August 20th, the DeXe team announced a partnership with TheOneTradeAI.
This collaboration enabled cross-exchange swaps by leveraging DAO liquidity and protocol treasuries, demonstrating how treasury assets can be optimized for liquidity routing and transaction efficiency.
As of September 2025, Etherscan data shows the number of DEXE token holders on the Ethereum network has increased to nearly 2,963 addresses, up from 2,870 previously.
This figure indicates consistent growth in the token holder community and continued on-chain activity following the various updates made in August.