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Cryptocurrency News Articles

DTX Exchange (DTX) Surges To New Height, Set for New Milestones

Oct 12, 2024 at 08:59 pm

The cryptoverse is excited about DTX Exchange (DTX), a hybrid new trading platform bringing huge changes. The price of the DeFi token is $0.06, an increase of 200% from $0.02.

DTX Exchange (DTX) Surges To New Height, Set for New Milestones

Crypto exchange Gate.io has invested $10 million in the TON network in a recent partnership to support Telegram-based projects. As per reports, the cryptocurrency exchange will be working with the TON Foundation to further promote the adoption of blockchain and Web3 projects on Telegram. Some of the plans include the launch of centralized finance Telegram mini-apps. Also, Gate.io will be releasing its Gate Wallet on the Telegram app.

In the meantime, the Toncoin price has dropped in the weekly and monthly timeframe. The cryptocurrency has been consolidating between $5 and $6.25 in the past month. The sentiment around Toncoin crypto is currently bearish, given that the 14-day has dipped below 40. Nevertheless, analysts are expecting a turnaround in the coming weeks. They say the value of the cryptocurrency could jump to $6.70 in the long run.

Solana (SOL) has been stuck in sideways movement in the past month despite attempts at a breakout. The community was expecting huge gains in Uptober, and this has largely affected the market sentiment. Currently, data from CoinMarketCap reveals the value of Solana crypto is consolidating between $136 and $150 on the weekly chart.

The sentiment around the Solana token is bearish. The 14-day RSI has dropped below the 50 mark, a sign that bears have more control over the market. However, analysts and investors remain optimistic about Solana (SOL). In order to ignite a broader price rally, Solana coin needs to claim support around the $152 price range. Right now, more buyers need to enter the market to clear out the selling pressure, causing an uptrend.

The cryptoverse is excited about DTX Exchange (DTX), a hybrid new trading platform bringing huge changes. The price of the DeFi token is $0.06, an increase of 200% from $0.02. Analysts expect a price surge of 300% by November.

At the same time, the DTX Exchange has raised more than $4.1 million and is expected to reach $6 million before the end of October.

DTX Exchange is attempting to introduce an innovative element into the online trading sector through a hybrid (CEX+DEX) platform that will provide traders with a comprehensive trading experience. Traders get the chance to access over 120K instruments, including cryptocurrencies, gold, stocks, indices, and CFDs, at more than 1000x leverage within a single platform.

Meanwhile, SolidPROOF has evaluated the DTX Exchange’s contract and certified it safe for traders to enjoy its AI-powered and advanced trading tools. Furthermore, DTX Exchange aims to add liquidity by constructing distributed liquidity pools to minimize slippage during trades and to provide the best experience to its users. This means that users will enjoy low slippage trade.

News source:alexablockchain.com

Disclaimer:info@kdj.com

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