Shiba Inu and Injective have made notable price gains amid a fluctuating crypto market. Following a favorable sentiment among investors, the SHIB token has recorded massive returns since last month. INJ is also performing up to the mark with an explosion of 100% in its transactional volume.

While both projects have gained significant traction, another emerging project DTX Exchange has stolen the spotlight from legacy projects, thanks to its unique tradFi offerings and advanced features. With a mind-blowing presale performance, the project is now the first blockchain  L1 solution at the ICO stage.

Shiba Inu Soars Amid Increasing Burning Activity

Shiba Inu has witnessed a notable price rally in the past few weeks, leading crypto whales to accumulate more than 8 trillion SHIB tokens in anticipation of a potential breakout. This high accumulation has followed the burning activity of Shiba Inu which surged 180% on June 7. Despite a slowdown, SHIB is still one of the top choices for maximum gains among memecoins.

Shiba Inu displays a 10.5% upsurge on the monthly chart with notable price hikes. According to leading analysts, the SHIB token is poised for a strong bullish rally as key indicators suggest a positive outlook. Like the recent memecoin rally, SHIB can break past the $0.000025 resistance level to reach $0.000035 in the next cycle.

Injective Price Rises 25% After Binance Pay Integration

With the eyeballs on top of AI cryptos, Injective is gaining significant attention after its integration with Binance Pay, through which users can utilize INJ tokens for purchasing goods and services online, sending funds, or other daily life tasks. This enhanced utility of the INJ token has led to a volume explosion of 100%, reaching $225 million.

Moreover, Injective is undergoing a token burning phase with 12,266 INJ tokens removed this week. Community members expect 6 million INJ tokens to be burned by the next week, triggering a potential value appreciation due to token scarcity and revenue generation.

This trendline has significantly raised the Injective price by 25% on the weekly chart. While metrics suggest a potential slowdown in price momentum, bulls are strengthening their position. If INJ breaks the threshold level of $31, a price breakout to $37 is highly anticipated in the next few days.

DTX Exchange’s Presale Soars With VulcanX Upgrade

DTX Exchange (DTX) is among the revolutionary exchanges set to transform traditional trading schemas, grabbing significant market traction with its recent VulcanX update. The hybrid platform has eliminated gas fees which is a major milestone in the tradFi sector for low-cost trading, incorporated with 1000x leverage to secure tenfold gains with minimum capital.

Through distributive liquidity pools, multi-tier accounts, and non-custodial wallets, traders can optimize their assets with high-security protocols. With its blockchain layer 1, DTX Exchange boasts a scalable, secure infrastructure and a lightning-fast speed of 0.04 seconds. The platform also provides advanced trading insights and automation for seamless and profitable trading.

Emerging as the best ICO performer in 2024, DTX Exchange has raised a mind-blowing $650,000 in the second stage of its public presale. Priced at $0.04, the DTX token is anticipated to display a bullish traversal beyond $2 once its presale concludes, promising 100x ROI for early stakeholders.

Conclusion

While Shiba Inu and Injective price performance have gained high profits for investors, DTX Exchange is poised to lead the deFi sector with its unparalleled offerings. This marks the best time to take positions in DTX surging presale before it’s too late.

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