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Many Ethereum and Solana holders are waiting for the new L1 blockchain protocol to launch soon and change the game.
In the cryptocurrency arena, people are always looking for the next big thing that could explode on the charts. Ethereum and Solana holders believe they have found the perfect fit – DTX exchange. The Phase 3 presale project will soon launch its L1 blockchain protocol.
Since DTX has already generated a 200% return for early buyers, many traders and analysts are confident in DTX’s growth potential. Some experts are predicting a 60x rise for DTX this year.
Ethereum: Price continues to fall
Ethereum is a cryptocurrency that has seen some pretty big price drops. In the past month alone, the price of Ethereum has dropped by around 20% according to CoinMarketCapThere were some worrying developments. MartyParty has been revealed. Vitalik Buterin now owns 240,000 ETH, which is about 85,000 less than his ETH holdings in 2021.
This could lead to a bearish trend for the Ethereum cryptocurrency. Cryptocurrency Analyst TheoTrader says He will hold ETH at a price between $1000 and $2000 and expects this coin to rise to $4868.
As a result, many analysts, in their Ethereum price predictions, expect this currency to trade at $2,913 before the end of September 2024.
Solana: Downtrend
Solana is another currency that is experiencing volatility. CoinMarketCap Data Solana price is down over 20% on the 1-month chart. Cointelegraph also noticed something interesting. In Their post on XThey said SOL had been down for nine consecutive days, a new record.
However, they also said that Solana cryptocurrency had previously rebounded by +10.75% and +14.22%. SOL’s technical indicators are also showing red flags as it is trading below its 50-day EMA and SMA.
Because of this, crypto experts have made a conservative price prediction for Solana. They expect the coin to trade at $143 before the beginning of October.
DTX Exchange: A New Era in Online Trading
While Ethereum and Solana face challenges, DTX Exchange is making headlines in the crypto space. The upcoming launch of the L1 blockchain protocol is causing a stir in the market. With this launch, DTX Exchange will offer a hybrid trading platform that can process up to 10,000 transactions per second.
Even big influencers like YouTubers Symbol Empire See DTX Exchange is a game-changing platform. This is because people can buy over 120,000 asset classes such as gold, forex, and cryptocurrencies in one place with 1000x leverage. Additionally, DTX Exchange could become a fan favorite because it does not require customer identity verification before registration, which means complete anonymity.
DTX is a key component of its ecosystem. It is currently in the third stage of its presale at $0.06, up 200% from its initial price. However, experts expect another 60x surge for DTX after it is listed on a Tier 1 CEX exchange in Q3 2024. Therefore, those who want to gain governance voting rights and benefit from its growth are now attracted to the DTX exchange presale.
conclusion
Although Ethereum and Solana are established cryptocurrencies, their holders are more interested in DTX Exchange. It has a smaller market cap than their coins while tapping into more markets like the $16 trillion gold market. Because of this, DTX has a better chance of rising because it needs less new money.
To learn more, check out the pre-sale, visit the DTX website, and Join the DTX community.
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