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Cryptocurrency News Articles
Despite Promising Outlook for SUI and NEAR in “Uptober,” Experienced Investors Are Increasingly Turning to DTX Exchange, a $0.06 Presale Coin With Massive Growth Potential
Oct 03, 2024 at 04:03 pm
In an exciting twist in October, dubbed “Uptober” by investors, Sui (SUI) and NEAR Protocol (NEAR) investors expect significant gains on these tokens.
Investors Anticipate Massive Gains In SUI And NEAR Protocol As ‘Uptober’ Heats Up
In an exciting twist, investors holding Sui (SUI) and NEAR Protocol (NEAR) are expecting significant gains on these tokens as October, also dubbed “Uptober” by investors, heats up. Both Sui and NEAR Protocol have made huge strides in the blockchain sector this year, helping push their values higher.
However, despite these potential gains, investors are turning to a $0.06 presale coin that is expected to deliver massive returns.
Sui Blockchain Surpasses $1 Billion in TVL
Advanced Layer 1 blockchain Sui made headlines on October 1 by crossing the $1 billion mark in total value locked (TVL), ranking as the 8th biggest blockchain in the industry.
This massive growth, which spans at least 2,700% over the past year, is powered by Sui’s advanced features, including a growing developer network and the DeepBook central limit order book.
With a huge focus on decentralized finance (DeFi), Sui surpassed established projects to attract leading lending protocols and decentralized exchanges. Recent developments include the addition of USDC and a partnership with Circle, which positions Sui as a go-to platform for users and developers.
Moreover, Sui's commitment to integrating Web3 with traditional gaming is evident with the introduction of the SuiPlay0X1 handheld gaming device, enabling users to own their assets. As SUI continues to grow and thrive, it sets the stage for the future of intelligent assets.
On October 1, SUI was trading at $1.72, up 3.11% in the past week. According to analysts, SUI is set to rise to $1.91 this month, supported by developments on its network. Despite the expected growth in SUI, investors are turning to a presale coin to enjoy a massive Uptober move.
NEAR Protocol’s Nightshade 2.0 Update Boosts Network Activity
On August 22, NEAR Protocol rolled out the Nightshade 2.0 update to boost the protocol’s sharding infrastructure. This upgrade allowed NEAR Protocol’s network to be divided into smaller and more manageable shards, with each shard processing transactions independently.
Since the introduction of Nightshade 2.0, NEAR Protocol has seen a growth in network activity. Between August 25 and September 28, transactions surged by 42%, while new addresses increased by 30.8% during the same period.
However, NEAR Protocol’s trading volume dropped by 13.21% after a month of strong performance, underpinned by heavy buying. Despite this slow phase, NEAR’s outlook remains positive, given its strong foundation that supports secure and scalable decentralized apps.
On October 1, NEAR Protocol’s native token was valued at $4.81, down 10.53% in the past week, impacted by a market-wide correction. According to analysts, NEAR is set to recover to trade at $5.74 in October as a result of developments on its network.
As NEAR faces turbulence, investors are now focusing on a new presale token to maximize their profits.
DTX Exchange Raises $3.2 Million in Two Months, Investors Anticipate Massive Gains
DTX Exchange has raised over $3.2 million in two months, with the number of investors increasing from 5,000 to 6,700. Notably, the VulcanX feature launch is said to be a major contributor to this demand.
Another reason for its increasing popularity is that the platform blends both centralized and decentralized exchange components, offering users the best of both worlds.
Furthermore, DTX token holders enjoy various benefits, including paying trading fees at discounted rates. This strategy lowers operational costs, promotes highly active trading and increases user engagement.
Moreover, DTX Exchange offers users over 120,000 asset classes, including crypto, CFDs and bonds, at up to 1000x leverage. Additionally, the platform skips the normal KYC sign-up checks, a feature most investors and traders appreciate for its convenience, which may increase its popularity.
Interestingly, DTX investors tend to benefit through loyalty rewards. Holders can stake and keep their tokens in their wallets to earn rewards or sell at a massive project once the presale is over. Also, the platform has an easy-to-use interface, making crypto trading easy, as noted by Crypto Legends.
DTX is currently in Stage 3 of the public presale, valued at $0.06. Once the public presale moves to Stage 4, the token’s price will increase to $0.08, presenting a 33% profit for current buyers. Additionally, analysts say DTX Exchange’s token will explode 100x after it lists on mainstream markets.
DTX Presale
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