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DTX Exchange Shows Significant Growth During Presale

Oct 1, 2024
  1. Technical Breakdown of Ripple
  2. Trading Volume of NEAR Protocol Shoots by 67%
  3. DTX Exchange Soars as VulcanX Blockchain Enters Testnet

DTX Exchange's presale is showing significant growth, with stage 3 already over 50% sold. This surprises analysts and draws attention from Ripple and Near Protocol investors.

Technical Breakdown of Ripple

The technical chart of Ripple depicts a historical pattern known as a 'pennant,' which indicates the continuation of the market’s existing trend. This pattern typically forms after a sharp price movement, followed by a consolidation period where price action tightens into a triangular shape. Once the price breaks out from the consolidation, a continuation of the prior trend is expected. Ripple has successfully broken out of a six-year pennant pattern, signaling the potential for significant upward movement. The logarithmic follow-through refers to a sustained exponential growth pattern, which, if followed, could push Ripple’s value to $200. This prediction has triggered a wave of discussion within the broader Ripple community, particularly given the ambitious nature of the forecast.

Trading Volume of NEAR Protocol Shoots by 67%

Near Protocol, a quick layer-1 blockchain, aims to displace crypto giants by tackling scalability and transaction speed difficulties. There are currently a lot of users and developers shifting to Near because of additional features like human-friendly account names and novel consensus techniques. The future of Near Protocol seems promising given the company’s robust ecosystem and promising technological potential, especially in light of the ongoing development of blockchain technology and the growing need for increased network efficiency. If these trends continue, then by 2026, a little investment will probably increase several times. The current session sees a massive surge of over 67% in the 24-hour trading volume. Despite these, Near Protocol whales are seen shifting to DTX Exchange as the latter offers better expansion potential.

DTX Exchange Soars as VulcanX Blockchain Enters Testnet

DTX Exchange, a DeFi trading platform, has been one of the most remarkable performers in the cryptocurrency market this year. The first integrated platform, unveiled by DTX Exchange, allows traders to transact in stocks, bonds, cryptocurrency, ETFs, and forex pairs, all within the same interface. This is made possible by the VulcanX blockchain, the first 100,000 TPS blockchain created especially for DeFi applications. Additional components of the DTX ecosystem include a dedicated wallet, decentralized applications, and a trading exchange. Users can become early owners of the exchange by participating in the public presale, which is presently taking place during the pre-launch phase. Due to the Rebate Program, which enables large holders to get a portion of the profits from the exchange’s trading costs, DTX tokens, which are now available for $0.06, are quickly running out. With over $3 million raised in a few months, DTX Exchange has demonstrated tremendous demand. Those who signed up for the presale are eligible to win $1 million. This incentive has further fueled the DTX craze.

DTX Exchange is attracting significant attention due to its presale success and integrated platform, which interests major investors from Ripple and Near Protocol.

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