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The presale for the DTX Exchange has experienced an extraordinary surge. Analysts are astonished as presale stage 3 is over 50% sold out, capturing the interest of Ripple and Near Protocol investors.
The presale activity for the DTX Exchange continues to rise day by day. Selling out ahead of projections, stage 3 of the DTX Exchange presale has reached over 50% completed. Analysts are left bewildered by the increasing popularity of this DeFi platform.
Adding to the momentum of this hybrid platform, whales from Ripple and Near Protocol have invested in the new token, DTX, in anticipation of its listing on Coinbase. These whales are expecting significant price increases following the event.
Technical analysis of Ripple
The technical chart for Ripple illustrates a historical pattern known as a pennant, signifying a continuation of the prevailing market trend. This formation commonly appears after a significant price fluctuation, succeeded by a consolidation phase where the price action narrows into a triangular shape. A breakout from this consolidation typically indicates a continuation of the previous trend.
Ripple has successfully exited a six-year pennant formation, indicating substantial potential for upward movement. The logarithmic follow-through suggests a sustained exponential growth trajectory, which, if realized, could elevate Ripple’s value to $200.
This forecast has sparked lively discussions within the wider Ripple community, especially considering the ambitious nature of these predictions.
NEAR Protocol trading volume rises by 67%
By addressing issues related to scalability and transaction speeds, Near Protocol, a speedy layer-1 blockchain, aims to challenge significant players in the crypto market. An influx of users and developers is currently migrating to NEAR due to its user-friendly features, such as easy-to-remember account names and innovative consensus mechanisms.
The outlook for Near Protocol appears bright, given its strong ecosystem and promising technological capabilities, especially amidst the ongoing advancements in blockchain technology and the increasing demand for improved network efficiency. If these trends persist, a modest investment could yield substantial returns by 2026.
This trading session has recorded a remarkable surge of over 67% in the 24-hour trading volume. Nevertheless, Near Protocol whales are reportedly migrating to DTX Exchange, seeking better growth opportunities.
DTX Exchange rises as VulcanX blockchain enters Testnet
DTX Exchange, a DeFi trading platform, has emerged as one of the standout performers in the cryptocurrency sector this year.
The DTX Exchange has introduced the first integrated platform, enabling traders to engage in transactions involving stocks, bonds, cryptocurrencies, ETFs, and forex pairs, all from a single interface. This capability is powered by the VulcanX blockchain, designed specifically for DeFi applications with a capacity of 100,000 TPS. Additional components in the DTX ecosystem include a dedicated wallet, decentralized applications, and a trading exchange.
Users have the opportunity to become early stakeholders in the exchange by participating in the ongoing public presale during the pre-launch phase. Due to the Rebate Program, which allows larger holders to claim a portion of profits from the exchange’s trading fees, DTX tokens, currently priced at $0.06, are quickly being snapped up.
With over $3 million raised within a few months, DTX Exchange has shown strong demand. Participants in the presale have a chance to win $1 million, further fueling the DTX excitement.
For additional details, visit the DTX Exchange presale website or join the online community.
Disclosure: This material is supplied by an external source. crypto.news does not endorse any products referenced in this article. Users should conduct their own research before taking any action related to the company.
