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Cryptocurrency News Articles
DTX Exchange is dominating market narratives after raising $15.8 million in its public presale.
Mar 17, 2025 at 08:49 pm
The project's appeal has intensified with the current $0.18 price bringing instant 2x gains to traders upon listing at $0.36.
The crypto market is closely following the latest developments as the White House prepares for a groundbreaking crypto summit. In a surprising move that took the market by storm, President Trump named the Solana price token among the five digital assets he plans to use for a new "digital assets reserve."
The post had the market buzzing, and the Solana price responded accordingly, surging to a day's high of $178 as traders reacted to the pro-crypto news.
However, the rally was short-lived, and the SOL token slipped to $145 at the time of writing, down 36% over the past day.
The Solana price is struggling to hit January's heights again. It has dropped significantly since hitting an all-time high of $295 two months ago.
The Solana price market sentiment is bearish as investors are less optimistic about the token's recovery, especially with the recent round of crypto market liquidation putting pressure on traders.
Moreover, the Solana token's extreme Fear score, which measures the market's level of anxiety, also reflects this sentimentality.
According to technical analysis, the Solana price broke through a crucial support level at $150, further indicating a continuation of the downtrend.
The next support level is anticipated at $130, but if the selling pressure intensifies, the price could decline even further.
The recent news of President Trump's pro-crypto initiative had a positive impact on the Solana price, but the overall market outlook remains bleak, which could hamper the recovery of the SOL token.
The lack of optimism among market participants might delay the rally of the Solana price, especially with the upcoming White House crypto summit, which could spark a much-needed market recovery.
On the other hand, the DTX Exchange project is gaining global attention, with experts predicting a potential 10,000% surge for the token.
After Trump's recent post on "Crypto Strategic Reserve" sparked an initial rally, the Solana price failed to maintain its uptrend. Over the past day, SOL traded in the red zone, further slipping from its January price levels.
The project is currently engaged in its public presale, having already secured over $15.8 million in pledges from traders.
The DTX tokens are currently being sold for $0.18 apiece, and upon listing, they will be available for $0.36, offering an immediate 2x return to traders.
However, this isn't the only way traders can multiply their investments. To encourage more traders to join ahead of the listing, DTX Exchange is offering an additional x2 return code, "LIST2X."
This code enables traders to double their DTX stack during the checkout process, ultimately leading to a 4x return upon listing.
At the moment, the project has seen participation from over 700,000 traders who are juggling the DTX tokens.
The project is highlighting its Phoenix Wallet for token custody, which empowers users to manage their wallets and private keys.
With the approaching listing, interest in DTX Exchange is heating up as traders anticipate the confirmed 2x listing return.
Moreover, the project's role in a hybrid trading model that spans over 120,000 traditional and digital asset classes is expected to attract liquidity to the platform.
The platform will offer trading in crypto, forex, and stocks without users needing to switch between platforms.
Furthermore, traders will have access to 1000x leverage to increase capital gains. This offering enables traders to trade 1000 times more than their initial entry amount. For instance, with $500 capital, an investor can trade up to $500,000.
DTX Exchange operates on the VulcanX blockchain to enhance speed and scalability. The blockchain's reported testnet speed of 200,000 TPS signifies that users can carry out transactions quickly and efficiently.
The project's initiative to introduce a user-based approach is garnering attention amid the ongoing struggles of the Solana price to hit January's highs and the bleak overall market outlook.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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