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The Bitcoin (BTC) price downtrend has raised fears for another market crash among investors who are backing out to find shelter in safer investments. Solana (SOL) and PEPE prices are significantly impacted by the ongoing market turbulence with their investors fleeing to other investment avenues to balance bleeding portfolios.
Experts predict a pessimistic outlook for Solana (SOL) and PEPE prices which we will discuss in this article. Moreover, the smart investment choice for this volatile cycle DTX Exchange (DTX) is gaining an edge over conventional assets with its exponential presale growth and long-term bullish prospects for whales seeking bigger gains ahead.
Solana (SOL) In Freefall With $110 Support Mark Under Radar
The Solana (SOL) price moves in a freefall with multiple factors contributing to its decline. After a steep decline in the NFT industry, Hyperspace has recently closed its operations on the SOL blockchain, triggering a drop in community engagement. Moreover, Solana (SOL) whales shift capital after allegations of being centralized surfaced at the Korea Blockchain Week event.
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The price of Solana (SOL) has dipped below the $130 support level with a 12.75% weekly drop. Despite the community sentiment being bullish, the external market factors and declining on-chain activity influence the Solana (SOL) price to a significant extent. If the price freefall continues with the breaking of immediate supports, the token can find rest at the neck support level of $110.
PEPE Price Denies Recovery as Whales Dump $9.75M Tokens
The terrible performance of PEPE after its March rally has put it in a difficult spot to display a comeback. The memecoin is slowly moving lower toward the $0.000007 support level as holders have their hopes declining about its price prospects. PEPE has lost 10.75% price in a week and huge sell-offs are further adding to its volatility.
Such whale incidents were reported after $9.75 million worth of PEPE memecoins entered exchanges on September 1. This has proved to be a point of concern for memecoin whales as further price breakdown is set to happen if market conditions do not improve. The technical outlook forecasts a price drop for PEPE towards the $0.000005 level.
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Why Investors Favor DTX Presale Over SOL and PEPE
DTX Exchange (DTX) emerges as a leading voice in the tradFi sector with a high community support and backing from top-tier industry specialists. It’s unique tradFi solutions and the 1000x leverage feature set the DTX platform apart from Solana (SOL) and PEPE with a major competitive edge. The no-KYC onboarding approach allows privacy-conscious users to enter the market and optimize their assets with their choice.
The hybrid DTX platform provides what is best for traders with high-speed execution, risk management tools, advanced automation, quant and algo trading options, and its hybrid layer-1 blockchain capable of performing 10,000 TPS according to testnet stats. The trader-friendly technology of DTX is integrated to create a seamless ecosystem, all powered by AI.
DTX Exchange (DTX) Presale Levels Up With $2.4M Raised
The DTX Exchange (DTX) has lifted standards by raising a whopping $2.4 million in batch 3 of the public presale. The trader-centric narratives of DTX Exchange are a major contributor to its success as they allow users to gain higher market positions with minimum capital, earn passive income by contributing liquidity, and govern the future of the next tradFi giant.
DTX tokens are in high demand as investors rally to buy it for $0.06 before the price rises to $0.08 in the next batch. Now is the ideal time to enter the DTX presale and become an early stakeholder to earn a fortune before the project goes live.
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