DTX Exchange (DTX) is making waves in crypto as one of the first fully decentralized Web3 marketplaces. Despite being relatively new, DTX Exchange is already seen as a trailblazer in the cryptocurrency world. Experts believe it could greatly boost the crypto market’s value in 2024.
There’s a strong possibility that DTX will surpass PEPE and Chainlink (LINK) during its presale. The reason is apparent: within 24 hours of its third phase, DTX has attracted over 25,000+ sign-ups.
PEPE Once Again Bounces Off the $0.000008 Zone
Since May 2024, the price of PEPE has been steadily declining; analysts see this as a sign of potential investor abandonment. After the recent slide, it has tried to hold the price by taking support from the $0.00000 level, which can be a dead cat bounce. With no specific use case and heavy reliance on popular meme tokens, PEPE might face a challenging future.
Pepe (PEPE) has been trying to hold steady at around $0.000008 for the last two months. Investors are considering diversifying their holdings or completely dumping the meme token. Currently ranked #25 by market capitalization, Pepe (PEPE) sees an average daily trading volume of $834 million.
Chainlink (LINK) Green This Week, Will It Continue The Trend?
The Chainlink (LINK) price has fallen over the past three months, showing a double-digit loss. However, this week, it’s trading positively despite recent price corrections. Chainlink (LINK) is holding up against bearish pressure and could reverse the trend in the coming times. User activity has decreased while whale activity has increased, signaling positive long-term prospects for the token.
Currently, Chainlink (LINK) RSI indicates neutrality between buyers and sellers, and the MACD shows intense selling pressure, which might push the price down to the lower support zone between $10 and $8.25. While the price of Chainlink (LINK) has dropped recently, it can potentially resume an upward trend in the coming days.
Expert Predicts DTX Exchange (DTX) To Lead In The Coming Bull Market
DTX Exchange is the world’s first hybrid platform to bring centralized and decentralized technology. It has undergone a private seed round that has already collected more than 2 million dollars through presale and a public offering that has amassed over 1.9 million dollars. The DTX token was three times its original price, and experts predict it can grow up to ten times by the official launch.
DTX Exchange combines decentralized platforms’ key feature, the security with the efficiency of the centralized exchange. Incorporating an on-chain order book system to guarantee efficient and low-slippage trading experiences, it also develops a unique liquidity solution. The Distributed Liquidity Pool model, which pools data from different DeFi sources, ensures more precise trade fills.
The traders and investors could diversify their portfolios by having access to 120,000 asset classes, including cryptocurrencies, stocks, equities, forex, contract-for-differences, and tokenized assets. The platform claims to be a source of liquidity and offers traders advanced trading tools like Social trading, Copy trading, Trading signals, and Trading bots.
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