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Cryptocurrency News Articles
DTX Exchange Emerges as a Top Performer, Raising Over $4 Million in Record Time
Oct 14, 2024 at 02:00 am
Are you ready to discover the next big thing in crypto? While Dogecoin (DOGE) and Avalanche (AVAX) have been popular, experts are now talking about DTX Exchange.
Dogecoin (DOGE) had a bumpy ride this past week, even though it tried to rise before. However, some experts believe that DOGE might see an upcoming surge soon. Currently, Dogecoin is valued at around $15.78 billion. At the time of writing, its price is up by 1.3%, making it worth $0.108 at the moment.
Despite Bitcoin’s recent drop, Dogecoin’s price isn’t affected much by this. In the past 24 hours, Dogecoin’s trading volume went up by 11.11%, indicating more people are buying and selling Dogecoin. This could potentially show that traders are feeling more positive.
If we look at Dogecoin’s price chart, it has been on a downtrend since March, and other cryptocurrencies followed a similar pattern. But recently, the price showed some movement to the upside. On the chart, there is a price pattern where the price moves up and down between support and resistance levels.
Avalanche (AVAX) saw growth in the market last two months. On September 26, 2024, the Avalanche (AVAX) Foundation launched a new program called Retro9000.
This program helps developers build key tools for the Avalanche (AVAX) network, and it comes with a major upgrade called Avalanche9000, which is the largest since the platform was launched in 2020.
Retro9000 helps developers by providing funds for them to work on new concepts without worrying about costs. After this program was announced, Avalanche AVAX’s price increased.
In the past week, AVAX’s price increased by 3.62%, by 1.79% over the month, and by 20.23% in the last three months.
DTX Exchange (DTX) is in the spotlight this week after it managed to raise over $4.1 million in early funding. But what’s even more interesting is that this happened quickly, outpacing most new ICOs and making DTX the best presale of the quarter.
The reason behind DTX’s success is its innovative concept and potential, which attracted big investors, including those linked to Avalanche (AVAX) and Dogecoin.
DTX combines features from both decentralized exchanges (DEX) and centralized exchanges (CEX), offering users the best of both worlds. Some of its unique features include a wallet-based trading and non-custodial storage, where users can trade and store assets without a third-party holding onto them.
DTX also aims to bridge traditional finance (TradFi) with decentralized finance (DeFi), and it provides access to a wide range of assets such as stocks, bonds, forex, and cryptocurrencies, all on a single platform.
Currently, the presale is still ongoing, and it’s a great opportunity for investors to get in early. With each token priced at $0.08 in the fourth round of the presale, many smart investors are buying in.
Experts are predicting that DTX could see a massive 4,500% increase in value once it gets listed on Tier-1 exchanges, which could even outshine Dogecoin’s performance!
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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