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DTX Exchange Becomes the Largest Presale of the Year as Its Presale Raised Millions of Dollars, Outperforming Toncoin and Near Protocol Amid Shifting Market Trends
The broader shift in market sentiment has sent altcoins like Toncoin and Near Protocol into a tailspin, while emerging DeFi platforms have also seized the opportunity. DTX Exchange has gone viral after garnering over $2.5 million in its third round of flash presales. The DTX token is priced at $0.06 with expectations of rising to $0.08 in the next round.
CEO Arrest Raises Concerns Over Toncoin
Tonquin Toncoin continues to fall below critical support levels as its trading price drops below $5, hitting a 4-month low amid the recent arrest of co-founder Pavel Durov in France. In the last 24 hours, Toncoin has fallen by 8.5%, taking it down to $4.79 and a total of 20% in a month.
Although Toncoin is primarily based on Telegram, it is the source of key in-app features, such as digital wallets. Due to Telegram integrationThe recent price drop has raised concerns about the stability of the Toncoin network price and long-term trading prospects. With the sudden turn of events involving the arrest of the co-founder, Toncoin has lost its momentum.
In terms of performance and technical indicators, TON has dropped by a huge margin in the past seven days. At $4.65, TON is down 12.82% in a week while its market cap has dropped by 6.61%, currently standing at $11.8 billion with a 24-hour trading volume of $381 million (up 58.28%).
Near Protocol price has decreased by 15.72% in one week.
Close Protocol Near Protocol has also been a target of ever-changing market sentiment. Currently trading at $3.78, it has dropped by around $53 million based on a 1.27% drop in its market cap. Although the network is known for its scalability, ease of use, and ease of working with developers, it is currently in turbulent waters as investors look for alternatives.
The core function of Near Protocol is to facilitate the creation of decentralized applications and smart contracts to help end users and developers. The Near Protocol network includes innovative technology and a unique approach to make it attractive for widespread adoption among Blockchain Applications.
Currently, NEAR is down 1.29% in a single day and has a market cap of $4.2 billion with a 24-hour trading volume of $209.54 million. Surprisingly, its trading volume has increased by a decent 18.03% which raises the possibility of a potential recovery for Near Protocol.
Toncoin Bulls Flow to DTX Exchange After Testnet Launch
As established altcoins face a bearish trend amid market volatility, the spotlight has turned to the fast-growing DeFi network DTX Exchange. This hybrid trading platform has outperformed market giants like Toncoin and Near Protocol with its growing adoption and widespread popularity.
DTX Exchange Hits New Highs After Long-Awaited Surge Test Net It has been launched in the market. The testnet will be a big change for DTX Exchange as it will enable developers to experiment with new applications and smart contracts in a risk-free environment. This simply means that users can try out new ideas without risking the mainnet.
This launch also opens the door for developers to simulate real-world conditions, identify and resolve bugs, and address issues early, which will ultimately lead to a stable and reliable mainnet experience. Through advanced blockchain technology, DTX Exchange aims to build a secure and robust trading platform to deliver a flawless experience.
DTX Exchange Targets $1 After Recording $1 Million in Initial Sales
After launching its Testnet, DTX Exchange outperformed all ongoing presales with its massive gains and fast presales. It is now keeping a close eye on the $1 mark after breaking the record of $2.5 million in its ongoing presales. So far, the platform has already raised over $4 million through presales and is planning to reach new highs after launch.
With ultra-fast execution speeds, quantitative and algorithmic trading, and over 120,000 trading instruments, DTX is well-equipped to become the next Solana on the market. For investors looking to make big gains amidst changing market sentiment, DTX’s booming presale could be the next big opportunity.
To learn more about DTX Exchange, visit the pre-sale site, visit the official DTX website and Join the DTX community.
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