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The crypto market is facing a significant downturn, resulting in a noticeable drop in its market. The reason could be the concerns about the upcoming payouts to victims of the 2014 Mt. Gox hack. Avalanche (AVAX) and Shiba Inu (SHIB) are the coins facing a downtrend.
Investors from Avalanche (AVAX) and Shiba Inu (SHIB) are aggressively shopping for the new crypto with the potential to become a market leader, DTX Exchange. Experts had expected a 100X return after the launch of DTX Exchange.
Avalanche (AVAX) Retest To the Support Failed
Currently, the Avalanche price is trading at $25.8, with a market cap of $10 B. The technical chart on the weekly time frame shows the Avalanche (AVAX) price has just been rejected from the support level after the retest.
This rejection shows the bearish strength in the Avalanche (AVAX) price. The price broke the major support of $30, and it retested it a few days back, but the rejection failed, and the price is now again at its low.
Despite its good presence and making history with its incredible impact, Avalanche (AVAX) is seeing strong bearish momentum. The coin is expected to show the same sign in the coming day. It’s crucial for traders to analyze their position and shift if loss increases.
Shiba Inu (SHIB) To Be Used As Payment In US By KNOS
Shiba Inu (SHIB), one of the top meme coins on the market, is now accepted as a payment method by Kronos Advanced Technologies (KNOS), the first public company in the United States to do so. This groundbreaking development is a major milestone for Shiba Inu (SHIB).
CEO Rubin explained that integrating Shiba Inu (SHIB) aligns with Kronos’ forward-thinking ethos and dedication to embracing technological advancements. He believes this decision will benefit the company and its customers, solidifying Kronos’ position among tech-focused users while “future-proofing” the company’s strategy.
Kronos announced its adoption of Shiba Inu (SHIB) as a widely accepted payment method in a Form 8-K filing with the US Securities and Exchange Commission (SEC). This move is a landmark moment for the Shiba Inu (SHIB) and cryptocurrency itself.
Investors Bet on DTX Exchange For 100x ROI
Avalanche (AVAX) and Shiba Inu (SHIB) are now betting on the DTX Exchange as experts and analysts are expecting it to give 100x ROI. Currently priced at $0.04, DTX is set to increase to $0.06 in the next presale stage. Additionally, the introduction of a new blockchain has captivated investors, offering a pathway to exponential gains.
DTX Exchange (DTX) allows users to trade cryptocurrencies, forex, equities, and contract-for-differences (CFDs). The platform offers unique trading features and advanced infrastructure. Notably, DTX is the first large-scale exchange to offer 1000X leverage and does not require KYC verification.
With minimal trading costs, traders can maximize their investments thanks to the platform’s community-focused strategy. Community members benefit from potential airdrops and have governance and voting rights.
Click here to learn more about the presale.
