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Cryptocurrency News Articles

DTX Exchange Presale Attracts SOL and BONK Investors, Targets $10 Million as SOL Outpaces ETH in Monthly Fees

Dec 01, 2024 at 08:00 am

The launch of the DTX Exchange ecosystem has drawn investors from different crypto communities. Most investors from the Solana ecosystem, including SOL and BONK investors, are heavily investing in the DTX Exchange presale as it is expected to be the biggest emerging altcoin of 2025.

DTX Exchange Presale Attracts SOL and BONK Investors, Targets $10 Million as SOL Outpaces ETH in Monthly Fees

Investors from various crypto communities are flocking to the DTX Exchange ecosystem. Notably, investors from the Solana ecosystem, including those holding SOL and BONK, are showing strong interest in the DTX Exchange presale, anticipating it to be the biggest emerging altcoin of 2025.

Meanwhile, Solana is consolidating after recently hitting a new all-time high. The top Solana memecoin, BONK, has also seen strong performance but is currently pulling back to the 20-period moving average.

Solana (SOL) Surpasses Ethereum In Monthly Fees

Over the last month, Solana has generated more daily fee revenue than ETH, thanks to increasing on-chain activity and the memecoin trend. During this period, Solana collected $192.06 million in fees, while Ethereum generated $187.67 million.

This milestone and the bull rally in the crypto market have pushed SOL to the 4th position with a market cap of $114 billion.

Furthermore, data from SolanaFloor on the X platform shows that over the past year, more than $5.6 billion has been bridged to the Solana blockchain. Around $4 billion came from Ethereum, indicating growing connections and collaboration between Solana and other blockchains, particularly Ethereum.

BONK Pulls Back From All-Time High, Can It Reclaim The Levels?

Following the rejection from the newly formed ATH, BONK is facing increasing bearish pressure, finding support near the breakout retest zone. After a short effort to stabilize, the token is losing momentum again, heading back toward $0.00004256 near the 20-DMA. If this support breaks down, BONK can start a new down leg to the $0.00004 level.

However, technical indicators suggest a potential local bottom for BONK as it approaches the end of a bearish descending wedge pattern. The RSI has cooled to 58, showing more stability but leaning bearish. This indicates that BONK may dip further to establish a stronger base before attempting a trendline breakout.

DTX Exchange’s Token Presale Aims For $10 Million

There has been a continuous shift of investors toward emerging projects because these projects can create wealth in a short period of time. One of the top emerging projects available in the presale phase is DTX Exchange (DTX). It is a hybrid exchange that captures investors’ attention with a advanced financial platform and has become a major player in DeFi.

DTX Exchange’s presale has generated excitement among investors, having already raised $8.9 million, and is aiming to reach $10 million by the end of the year. This presale provides an opportunity for retail investors to acquire tokens at discounted prices.

DTX tokens will offer various benefits within the DTX ecosystem. Holders of DTX will be part of the VIP rebate program, which provides them with income sharing on the exchange. Members can earn up to 3% of the exchange’s revenue through this program.

Currently, the DTX Exchange token is available for $0.1 per piece; based on analysts’ projections, DTX can rise up to $4.5 by Feb 2025.

This gives early investors an opportunity for a 4,500% gain. By investing $250 in the current phase, it can potentially become $11,500 in the next few months.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

News source:nftevening.com

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Other articles published on Dec 01, 2024