DTX Exchange: The New DEX Platform Backed by Binance and Shiba Inu Whales

Fundamentals support a spike on the BNB price charts, as the token is tipped to benefit from the friendlier regulatory environment that the Trump administration promises.

BNB price is rallying on the back of positive fundamentals, with the token set to benefit from the Trump administration’s friendlier regulatory stance on crypto.

Meanwhile, Shiba Inu (SHIB) price is trading below its monthly highs, even as whales are showing signs of moving out of the memecoin.

DeFi coins are in the spotlight this time, with DTX Exchange (DTX) offering a cheaper alternative to BNB. Moreover, the DTX project comes with a wider range of DeFi perks than you’d expect.

Keep reading for more!

BNB Chart Shows Rare Bullish Signal, Trump Effect in Play?

BNB price is riding on the market momentum, but there’s more to the token’s fundamentals. Strong on-chain metrics are the building blocks of any sustainable rally, and BNB boasts some solid figures.

Binance has processed over $1.09 trillion worth of tokens since its launch, and DEX volume last week alone surged by over 49%, climbing to $11.9 billion.

However, BNB price seems to be shedding on both intraday and weekly timeframes, with the Binance token down 1.86% in the past seven days.

Chart analysts have spotted a bullish ‘cup-and-handle’ pattern forming on the BNB chart, which is starting to resemble November 2021. If confirmed, the pattern could see BNB price rally to $1,200. For now, the token is still dipping, with profit-taking being the most likely culprit.

Shiba Inu Whales Dumping Already?

The bull run has only just begun, but SHIB price has failed to deliver the gains that investors were hoping for. The Shiba Inu token is down 18% from its monthly highs, trading at around $0.0000255.

Several factors could be at play, from profit-taking to a market correction, but one thing is clear: Shiba Inu whales are moving out of the memecoin and into more promising tokens.

According to analysts, these investors are shifting their assets en masse, and a close below $0.000023 could see retail traders begin to sell off their Shiba Inu holdings, triggering a major sell-off and price drop. For now, the token is holding up above this level, but only just.

BNB, SHIB Shedding, but a New Token Is Here to Soak It Up

As BNB and SHIB shed, a new token is here to mop it all up. Look no further than DTX Exchange.

The DTX Exchange ecosystem is powered by a hybrid blockchain, VulcanX, a novel design that’s crucial for keeping the DTX platform running smoothly. For starters, the platform is designed for more than just traders, with even non-traders having use cases on DTX Exchange.

There’s a vast list of tradable assets, including fiat currencies, stocks, bonds, and other types of equity products, in addition to crypto coins.

Around 120,000 of them are listed on the platform, and the best part is that some have 1000x leverage options. More users will be able to access higher market positions, increasing their chances of success.

Then, as traders achieve success, they can enter the DTX Black Club, a reward system for the most active and productive users on the DTX Exchange platform. Traders who have maintained a minimum of $10,000 in their trading accounts qualify. They will then receive rakebacks and weekly and monthly bonuses based on their activity on the platform.

The developers of DTX Exchange have also included something for Web3 enthusiasts. There are tools that allow for basic Web3 operations on the Phoenix Wallet, with more advanced features set to hit the platform soon enough.

So, whether you’re a trader or not, DTX Exchange has something for you. Now, here’s how the platform benefits investors.

BNB, Shiba Inu Holders Go Big on DTX’s 100x Potential

While the top altcoins are shedding, their holders are moving into promising new projects like DTX Exchange. The DTX token has been in presale for a while and is currently valued at $0.10 in Stage 5 of the public presale.

As the presale winds down, Stage 5 investors can still double whatever amount they invest in the project, as the token is set to enter the market at $0.20 when it officially launches.

Following rumors of a prospective 100x post-launch DTX surge, bulls from BNB and Shiba Inu are going all-in on the project. So far, the project has raised almost $8 million in presale, and the numbers keep growing.

Learn more: