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Cryptocurrency News Articles

DTX Exchange (DTX) Presale Extends as the Platform Raises $14.86 Million, Targeting Solana (SOL) and Hedera (HBAR) Market

Feb 23, 2025 at 03:50 am

As market momentum slows down, investors seek the next crypto opportunity to generate wealth in the coming months. Solana (SOL) and Hedera (HBAR) are both large market-cap altcoins but have already delivered significant gains, which limits their explosive potential.

DTX Exchange (DTX) Presale Extends as the Platform Raises $14.86 Million, Targeting Solana (SOL) and Hedera (HBAR) Market

As market momentum slows down, investors are looking for the next cryptocurrency opportunity to generate wealth in the coming months. Solana (SOL) and Hedera (HBAR) are both large market-cap altcoins, but they have already delivered significant gains, which limits their explosive potential.

However, despite the market being in correction mode, some coins are outperforming the index; one standout this season is the trading sector disruptor DTX Exchange (DTX). In the ongoing presale, DTX Exchange has raised $14.83 million and has delivered over 750% gains from the initial stage. It is not surprising that global investors are flocking to this new potential. While the Solana price is still navigating through rough patches, experts say DTX is the biggest opportunity of 2025.

Solana Price Extends Falls: $175 Last Threshold

The Solana price dropped by over 20% in the last few days. The reason behind SOL’s poor performance is its mention in the recent high-profile rug-pull scams. Reports have linked a Solana wallet to multiple fraudulent projects, including Libra (LIBRA). This created a crash in Solana price, driving it below the $180 level.

Courtesy: TradingView

Currently, the Solana price is hovering above the $170 major support level. However, the asset has fallen below the key moving averages during the recent decline, showing high pressure among investors. Analysts project that if the Solana price couldn’t sustain the current support, the next stop could be the $150 psychological mark. SOL’s current market cap is $85.39 billion, and its market volume is down 9.32% to $3.29 billion.

Coinbase Expands Futures Market with Hedera

Coinbase is expanding its presence in the US crypto derivatives market by introducing CFTC-regulated Hedera (HBAR) futures through Coinbase Derivatives. These contracts, designed for various trading strategies, will include 5,000 HBAR per contract, providing easier access to Hedera’s financial products.

Hedera has shown a slight recovery, reaching above $0.22 in the past 24 hours. However, it remains under pressure after a sharp 40% drop over the last month. Despite this short-term rebound, technical indicators suggest that Hedera’s bearish momentum still dominates, making a full trend reversal unlikely for now.

DTX Exchange’s Hybrid Platform Raises $14.86 Million

As the markets suffer from bearish momentum and negative news inflow, utility tokens like DTX Exchange (DTX) are receiving rising support. Because of its innovative and unique hybrid trading platform, DTX has had an incredibly successful presale, raising over $14.86 million in the last few weeks. The platform has extended its presale into the final bonus stage to accommodate the massive demand for the DTX token.

With its hybrid protocol, DTX Exchange will integrate assets from both traditional and digital markets. It will be the first crypto-native platform to offer 120,000+ financial assets, including stocks, NFTs, ETFs, forex, and RWAs. Veteran traders hail it as a one-stop shop for all trading needs as traders don’t need multiple platforms to access different markets.

The platform will create a unique trading ecosystem by blending the features of centralized and decentralized exchanges into a single unified platform. Its features include 1,000x leverage, distributed liquidity pools, non-custodial storage solutions, and a copy and social trading facility. These make it the best platform for trading assets, contributing to the growing interest.

The eighth presale round just ended with massive demand. The current bonus stage is priced at $0.18, boasting higher growth prospects than most top altcoins. With plenty of room to run and the potential to outrun Hedera and Solana price, a 100x gain is projected, positioning it among the best altcoins to buy this year.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

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Other articles published on Feb 24, 2025