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Cryptocurrency News Articles
DTX Exchange (DTX) Leads the DeFi Sector Rally as Dogecoin (DOGE) and BNB Struggle for Significant Gains
Sep 26, 2024 at 01:45 am
The crypto space is buzzing with various coins exhibiting explosive gains in the current bull run. The trajectory of these altcoins has created a sense of
The cryptocurrency market has seen a lot of activity recently, with various coins posting explosive gains in the current bull run. The trajectory of these altcoins has created a sense of competition between the meme coins and the DeFi coins.
As the meme vs DeFi scuffle continues, Dogecoin (DOGE) and BNB lead the meme coin rally while DTX Exchange leads the DeFi sector. While Dogecoin (DOGE) and BNB soar in the current bull run, DTX Exchange leads with its presale mania.
The emerging hybrid trading platform has taken the form of an avalanche as investors continue to pour into DTX’s presale stage 3. It is expected that the platform will soar exponentially, completing the presale weeks before the expected time!
Dogecoin (DOGE) Struggles For Significant Gains
Dogecoin’s (DOGE) price trajectory, following its meteoric rise in 2021, has been a wild ride. Even though the coin’s price has risen considerably since its launch, it hasn’t been able to overcome major opposition. Investors are starting to doubt whether Dogecoin (DOGE) can ever regain its previous glory after only a 1.62% growth recently.
This stalemate has been caused by several causes, including the inflationary nature of Dogecoin (DOGE), which permits the minting of an infinite amount of coins. Dogecoin’s (DOGE) continuous supply growth has made it challenging for the cryptocurrency to continue on its upward trend.
Recently, the meme coin has surged by 8.62% over the past week. Stabilizing at $0.1085, the Dogecoin (DOGE) is rising by 1.78% within a day. Though bulls have taken hold of the price action of DOGE, its rise is still insignificant as compared to the DeFi marvel- DTX Exchange.
Binance Coin (BNB): What’s Next? Rally Or Dip To $468?
Binance Coin (BNB) investors had a thrilling week as the BNB token soared past a significant obstacle and lit up the charts. However, investors need to hang on to their hats because there may be a bump in the road. The Chaikin Money Flow indicator is pointing to a potential impending price decline for BNB, suggesting that the current euphoria may not endure.
BNB is now trading at $522. Some people are optimistic that if positive sentiments continue, it may go as high as $600. However, there is also talk of a possible decline to $468 if the current buying fervor wanes.
Amid this volatility, BNB fails to impress investors with its price actions as the gains exhibited by BNB tokens are trivial as compared to DTX. These are the reasons why the meme coins are at a loss as compared to the DeFi leader- DTX Exchange.
Whales Betting Big In DTX Exchange (DTX), Predicts $0.86 By The End Of 2024
DTX Exchange (DTX) has raised more than $2.7 million in the third phase of the presale. Whales’ high participation rate is the reason for this quick inflow of funds. Whales made $600k worth of positions in the DTX Exchange last week.
By the end of 2024, the DTX token will increase from its present $0.06 worth to $0.86 as the presale stage 3 is going to be completed weeks before its expected time. There is a 1,333% upside potential from the current price.
With its extensive buying and selling platform, DTX Exchange caters to all trading requirements. Not only may customers use TradFi, but they can also use Web3-based products while transacting with several trading instruments, like cryptocurrencies, stocks, shares, and forex.
By fusing the two, the DTX Exchange makes sure that the decentralized finance system is accepted worldwide. A total of 475 million DTX tokens will be available, of which 50% will be given away during the presale and the remaining amount will be divided among the advisors, team, ecosystem development, business reserve, and airdrops.
Key Takeaways
DTX Exchange has outperformed Dogecoin (DOGE) and BNB as the former continues to rise exponentially. DTX’s soaring rise has given the DeFi sector a lead over the meme coins’ rally.
Learn more: Buy Presale Visit DTX Website Join The DTX Community
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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- Over the past 24 hours, Hedera's HBAR/USD price rose 3.04% to $0.06. This continues its positive trend over the past week where it has experienced a 17.0% gain