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DTX Exchange (DTX) is scaling rapidly as its presale nears its end. Due to its innovation and robust infrastructure, the DTX presale has grabbed the attention of different crypto communities. Smart money investors have already bought slots in the presale, as DTX Exchange is expected to be the next biggest bet.
Meanwhile, amid the rising tension in the Middle East, the crypto market faces selling pressure, with Coins like Solana (SOL) and Near Protocol (Near) falling back to their previous breakout levels. SOL and Near Whales are shifting money into better opportunities like DTX Exchange in the weak market condition.
Solana (SOL) NFTs Gains While NFT Market Slowdowns
October witnessed the revival of the NFT market with a sales volume increase of 18%, thereby putting an end to a seven-month recoil. Moreover, the Solana (SOL)-based NFTs spearheaded the collection sales race, by accumulating nearly $25 million from DogeZuki, Froganas, and Retardio Cousins.
Solana (SOL)'s newly formed NFT ecosystem witnessed a monthly peak of $67 million, garnering the second-largest market share in the NFT space (19%). Due to this surge in the Solana (SOL) network, the NFT sales hit nearly $6 billion. Hence, the network is now benchmarked as the second-most vivid blockchain that facilitates NFTs. This renewed interest in NFTs, especially in Solana (SOL), shows the growing demand for digital assets and Solana (SOL)’s increasing market share.
Near Protocol (NEAR) Continues Downfall Near 52-Week Low
NEAR Protocol (NEAR) continued its tumble on Sunday, decreasing around 20% from the break of the ascending trendline. Declining open interest and Total Value Locked (TVL) further support this bearish trend, pointing to increased selling and blockchain activity and hinting at a severe weakness in the Near Protocol price.
Near Protocol has broken the 50-day EMA and all other short-term moving averages. In September, It rebounded above the 50-day and 200-day EMAs but has again failed with the bear attack. Currently priced at $3.61, with a market cap of $4.40 billion and a circulating supply of 1.22 billion tokens, NEAR has shown a continuous downtrend after topping in March.
DTX Exchange (DTX): Is It Potential 500X ROI?
DTX Exchange has emerged as the top project of 2024, thanks to its record-selling presale and the fast scaling of its L-1 blockchain. The major selling point of DTX Exchange has been its hybrid structure, which provides the efficiency of centralized exchange and governance of decentralized exchange. This hybrid nature provides traders more than 120k tradable instruments in a single platform.
Also, the most awaited Phoneix wallet is live on the Google Play and Apple store. This wallet will provide seamless payment, borrowing, and crypto transfer with the most secure Web3 custody solution. With the VulcanX blockchain, the Phoenix wallet is another platform highlight.
DTX Exchange provides a one-stop solution for traders with the most attractive 1,000X leverage, which helps traders increase their profit. It offers advanced trading solutions like Algo and Qaunt, which solve manual trading problems. It also offers features like expert and copy-trading, which help beginner traders.
DTX Exchange has earned the trust of the crypto community after SolidProof completed a successful audit. SolidProof verified that DTX’s smart contracts are secure and free of vulnerabilities. DTX Exchange is set to launch the platform in Q4 2024. Experts and analysts expect that DTX will rise to 500X after the launch, analyzing its growth potential and small market cap.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
