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Cryptocurrency News Articles
DTX Exchange (DTX) Bonus Round Surges Above $15.20 Million
Feb 28, 2025 at 02:00 am
While Cardano price dropped 19% in the last two days, the Ethereum price made a new weekly low of $2,332. Both the giants are struggling against bear momentum
In the past two days, while Cardano price dropped 19%, the Ethereum price made a new weekly low of $2,332. Both the giants are struggling against bear momentum as investors continue to book profits from the past rallies. ADA has dropped below the 9th February low while Ethereum price has broken below all the short-term key moving averages. Both are bogged down, leaving investors searching for better opportunities for the next big investment.
Onchain analytics is a big thing in the blockchain world that can show potential for the future. DTX Exchange (DTX), an Ethereum-based token, has been in the spotlight as over 800,000 active wallets hold the token. The ongoing ICO is at a price of just $0.18, and the estimated listing price of $0.36 is a major attraction for traders, which can double the capital in just a few weeks.
DTX Exchange Bonus Round Surges Above $15.20 Million
While Ethereum and Cardano prices are struggling to form a reversal, DTX Exchange has experienced an increasing demand in the final bonus round. Because of its strong utility and attractive growth potential, the project has now crossed $15.20 million. This early success showcases investor confidence in DTX’s ability to disrupt the online trading industry after the launch.
DTX Exchange’s hybrid platform is the main highlight, as it blends the best of CEX and DEX into a single platform. Now, traders can access stocks, crypto, forex, and tokenized ETFs on this platform. In addition to this broad asset coverage, DTX Exchange’s proprietary VulcanX blockchain is among the fastest blockchains around, with a TPS of 200,000.
DTX is currently available at an undervalued price in the presale phase, presenting a lucrative opportunity for traders searching for a safe haven during this price drop. Tipped for a 100x surge post-launch and a 2x surge from $0.18 to $0.36 at the time of listing, DTX Exchange is likely to top the best altcoin list of 2025.
Cardano Price Drops Below $0.70, ADA Reaches Crucial Support
With a 7.06% drop in the past week, the Cardano price is now below the $0.70 range. This drop is occurring due to an extended sell-off in the cryptocurrency market. With this fall, ADA has reached the lower support region within the trading channel over the past three months.
The Cardano price has lost all the gains from early February, showing the increasing bearish dominance. This rejection came after the ADA failed to overcome the 20-day Exponential Moving Average (EMA).
However, late on Tuesday, ADA bulls formed a v-shaped recovery, taking the Cardano price from a low of $0.63 to a high of $0.69. $0.64 is the immediate support, which could be the next support for ADA. Currently, ADA is trading at $0.68, with a market cap of $24.12 billion. The Cardano price has to maintain parallel channel support to protect against further drop unless buyers step in at this level.
Ethereum Price Risks $2,000 Support Breakdown
Ethereum price has continued its bearish momentum, with its fourth bearish leg in this fall. After two weeks of consolidation, ETH has fallen below the range-bound momentum. Historically, the 200 DMA has played a significant role in shaping the Ethereum price, but it has already fallen below, confirming the bearish trend.
The weakening weekly candle of the Ethereum price suggests further declines rather than a bullish reversal, though it’s still too early to confirm a trend. Analysts project that a fall below $2,200 support, combined with weak market conditions, could make Ethereum price more prone to further fall to the $2,000 level unless bulls take an entry.
Key Takeaways
Expert investors are moving their focus from bearish Ethereum and Cardano price action to the exponential price growth opportunity of the DTX Exchange. This new platform has already been audited by third-party firms like SolidProof, increasing its safety and transparency towards investors. Current investors can use promo code “LIST2X” for 100% extra on your deposit!
Find out more information about DTX Exchange (DTX) by visiting the links below:
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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- Ethereum (ETH) and Solana (SOL) Bulls Are Accumulating PropiChain (PCHAIN)
- Feb 28, 2025 at 10:35 am
- As the market evolves, traders are diversifying into high-potential emerging cryptos. With both assets facing diminishing short-term growth, Ethereum (ETH) and Solana (SOL) bulls are accumulating PropiChain (PCHAIN)
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- A curious dance unfolds in the Cryptomarkt, where familiar players such as Ripple XRP entail with ambitious newcomers such as Pi Network and Kaito token.
- Feb 28, 2025 at 10:25 am
- Ripple, who is resilient but apparently tired, is attached to its $ 2,20 position, rocking through the unpredictable winds of market sentiment and regulatory pressure.
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