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Cryptocurrency News Articles
DTX Exchange Emerges as a Top Gainer of This Bull Run, Raking in $4M in Presale
Oct 10, 2024 at 09:08 pm
Fighting the odds of market volatility and the bearish pressures, DTX Exchange has emerged as a top gainer of this bull run.
DTX Exchange (DTX) has emerged as a top gainer of this bull run, defying the odds of market volatility and bearish pressures. Analysts claim it to be the most prominent crypto in this session with a $4 million raise in the third stage of the presale.
DTX has been outpacing established crypto players of the current bull run, including Chainlink (LINK) and Avalanche (AVAX). While Chainlink (LINK) and Avalanche (AVAX) continue to dip, DTX roars with an extraordinary set of features, making it a crypto winner!
Chainlink (LINK) Surprised By Bearish Pressure
As a decentralized oracle network operating on Ethereum, Chainlink (LINK) is crucial for tying blockchain technology to facts. The LINK token is key to smart contracts as it ensures secure data exchanges between platforms.
Chainlink (LINK) pays node operators for sourcing data. And in order to prevent false information and increase security, these operators must stake tokens. The demand for Chainlink (LINK) continues to grow with the rise of Oracle networks. For now, Chainlink (LINK) remains an integral part of the decentralized finance (DeFi) sector.
However, the sentiment around the LINK token seems to be bearish. The daily chart shows a slip of over 3.58% with the Chainlink (LINK) token trading at $10.61 in the current session. The 24-hour trading volume is also down by 8.44%, overall painting a bearish picture for the Chainlink (LINK) token.
Despite Technical Upgrades, Avalanche (AVAX) Slips
It seems that Avalanche (AVAX) has struggled this week despite major technical upgrades that were meant to improve network throughput and enhance its scalability. The current session shows an intraday decline of over 2.46% for the Avalanche (AVAX) token.
Recent updates by Avalanche (AVAX) introduced the new Avalanche Warp Messaging (AWM) feature for faster communication between subnets, which was expected to improve performance and reduce network congestion. However, traders remained cautious amid the volatile market conditions, causing Avalanche (AVAX) to slip further.
The 24-hour trading volume of Avalanche (AVAX) is also decreasing with a major slip of over 18%, while the market cap also follows the same trend. The market cap of Avalanche (AVAX) is also down by 2.4%.
DTX Exchange (DTX) Presale Pushes Past $4M Alike huge whale interest
DTX Exchange (DTX) has managed to pull in an impressive amount of capital from investors and has now touched $4 million in total funds raised. This comes after it was listed on the price tracker CoinMarketCap. Also, those who invested early in DTX Exchange have already seen a 200% ROI. The exchange is creating a hybrid exchange, which will have elements of a centralized and decentralized platform.
Benefits include privacy, fast transactions, low fees, high liquidity, and security. Combining DeFi and TradFi through the DTX platform allows users to trade stocks, options, indices, CFDs, bonds, and much more. Also, traders don’t have to fill out KYC forms. DTX Exchange allows them to trade anonymously from anywhere in the world. Such a feature makes it unique in today’s competitive market, where privacy has become important.
Other features the platform will introduce include advanced trading tools and integration of AI technology. DTX is now in the fourth stage of the presale and is valued at $0.06. Analysts have tagged DTX as the best coin to invest in now. They forecast the value of the cryptocurrency could increase by 10x before the year ends, attracting BNB whales.
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- Toncoin (TON) Reenters the Spotlight Amid a Large-Holder Transaction Boom
- Oct 11, 2024 at 12:25 am
- Toncoin (TON) has reentered the spotlight amid a large-holder transaction boom. According to data from crypto analytics platform IntoTheBlock (ITB), TON whale transactions have jumped by more than 93% in 24 hours, with over $8 billion shifting hands.
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- Constellation Network Announces “HyDef ‘24” Conference in San Francisco, California
- Oct 11, 2024 at 12:25 am
- Constellation Network’s “HyDef ‘24” conference will take place on Thursday, October 24, 2024, featuring a free daylong virtual event combined with a live in-person event for a nominal fee at 1 Hotel in San Francisco.
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- Music (NFT) Non Homogenous Token Market - Size, Share, Outlook, and Opportunity Analysis, 2023-2030
- Oct 11, 2024 at 12:25 am
- The growth trajectory of the Music (NFT) non homogenous token market is primarily driven by innovations in specific technologies or products and their expanding applications across various industries.