Much like other leading altcoins, Celestia (TIA) has seen a 19% increase over the past week. In contrast to the trends observed for Celestia (TIA) tokens, the situation is rather distinct. With rising prices and trading volumes, there’s clearly some activity happening within the Celestia network.
Joining in on the bullish momentum of the crypto market are Avalanche (AVAX) and Solana (SOL), along with the new Ethereum-based initiative DTX Exchange (DTX). Here’s a look at the current market landscape!
Celestia Secures $100 Million in Recent Funding Round
The TIA token is experiencing a positive shift, and the reason is quite clear. Celestia has successfully raised $100 million in its latest funding round, led by Bain Capital Crypto. These funds are directed towards TIA’s modular blockchain, which has the potential to surpass Visa’s transaction processing rates of 24,000 transactions per second.
As Celestia strives to push the boundaries of technology within the crypto arena, financial backing is essential. With the recently acquired funding, the TIA price is poised for even greater leaps.
Should Celestia achieve a higher throughput than traditional financial services like Visa, scalability challenges in the crypto space may be largely resolved. Currently, TIA is up 23% on a weekly basis, priced at $6.42.
Solana Remains Resilient Despite Market Correction
The previous week was buzzing with optimism in the crypto market, with several tokens, including Solana, experiencing significant gains. However, a general market correction has since brought those spikes down.
Indeed, a correction was anticipated following such a surge, but the SOL token has managed to retain profits, increasing by approximately 5.36% to $152.89 within the last 24 hours. Crypto market analysts report that the SOL Exponential Moving Averages (EMAs) are aligning for the first time since October 2023, signaling an undeniable bullish trend.
Currently, there are notable support and resistance levels as Solana aims for $165, which remains its strongest resistance point. The bulls will need to step in at around the $165 mark to propel Solana’s SOL higher on the price charts.
Avalanche: Bullish Momentum and Upcoming Resistance Levels
The outlook for Avalanche’s AVAX appears bullish, albeit with typical hurdles along the way. AmbCrypto reports that numerous resistance levels may challenge the Avalanche token during its ascent, even as market sentiment remains favorable for upward trends.
In contrast to Solana, AVAX struggled against the recent market correction at the beginning of the week. Analyses suggest that the token may reach the $24 level before making a rebound towards $33.
The slight dip from its current value of $27.15 could create opportunities for more buyers to enter the Avalanche market. The increase in buying pressure, along with an anticipated price reversal, should help AVAX progress past its imminent resistance levels.
Although there’s considerable discussion regarding resistance levels amongst top altcoins, DTX Exchange is set to simplify profitable trading for crypto investors. Stay tuned for more updates on the project!
DTX Exchange: Unlocking More Profit from DeFi!
The advent of blockchain technology has paved the way for decentralized finance, significantly enhancing the relevance of the crypto market in the global economy. DTX Exchange aims to elevate DeFi and crypto trading to new heights, particularly in terms of trader profitability.
One effective strategy for profitable trading is to maintain a diverse portfolio, a feature that DTX offers with ease compared to many other DEXs, boasting 120,000 tradable assets for you to choose from—including assets beyond just crypto tokens.
DTX Exchange has curated its assets from the stock, Forex, and crypto markets, merging these three markets to provide both crypto enthusiasts and traditional stock and Forex traders a chance to explore new opportunities.
Certain assets offer a staggering 1000x leverage, thus enabling traders with limited capital to manage larger market positions. Through successful trading, you can become eligible to join the DTX Black Club, unlocking rebates and bonuses on your trades.
The DTX Presale: $2.7 Million Raised with 1000x Potential On The Horizon!
Having raised $2.7 million in less than two months of its presale, DTX Exchange is currently the hottest topic in the crypto landscape. The tokens are being sold at a low price of $0.06 in Stage 3 of its public presale, with a projected launch price of $0.12.
With 100% ROI during the presale, a diverse array of tradable assets, and 1000x leverage opportunities, DTX Exchange could be the next big thing in DeFi. Don’t let this opportunity slip by!
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