The crypto community watched as neither Donald Trump nor Kamala Harris mentioned crypto once during their debate. This coincides with a downturn in the prices of digital assets. Solana (SOL) and Ethereum (ETH) experienced a slight dip, which will likely be erased soon as optimism returns.
Meanwhile, sentiment remains bullish in the ICO world. Stealing the spotlight is DTX Exchange (DTX), a novel altcoin that spans traditional finance and DeFi. Its hybrid trading platform will allow users to trade thousands of asset classes, tipped to become the next breakout star.
DTX Exchange (DTX): The Next Big Thing?
DTX Exchange (DTX) is a new player gearing up to take the crypto world by storm. Unlike conventional trading platforms, it stands at the crossroads between the two exchange types—decentralized and centralized protocols—and offers the best of both worlds.
Without compromising on either speed, security, or accessibility, it is poised to disrupt the $10 billion global trading space. Other benefits of the protocols besides allowing the trading of TradFi and DeFi asset classes include enhanced liquidity and non-custodial trading.
Its distributed liquidity pools allow traders to execute orders with minimal slippage and at competitive prices. In addition, by operating on a non-custodial basis, users can retain control of their private funds and keys, eliminating the need to trust a central authority.
Given the above, it checks off several boxes and is primed for massive adoption. The presale is in the third round and presents the best opportunity to invest in the future of global trading. A token costs just $0.06—heavily discounted—and is tipped by industry experts for a 100x jump post-launch.
Solana (SOL): Down 9% on the Monthly Charts
Solana (SOL), a DeFi giant, is one of the favorite destinations for dApps. Its meme ecosystem is among the most vibrant, probably behind Ethereum’s. With a remarkable performance in the first quarter, as it hits $200, it remains one of the year’s biggest highlights.
Despite recent underwhelming performances, its outlook is no less promising. The Solana price tumbled 9% in the past month, sliding from a $160 high to $133. Coinciding with its downturn on the daily charts is the disappointing presidential debate between Trump and Harris.
Nevertheless, a significant bounce is anticipated in the coming days. With Solana DeFi rapidly gaining popularity and adoption, its upside potential is staggering. As another market bounce looms, traders have been betting on SOL to make the most of this bullish wave.
Ethereum (ETH): Prepares for a Comeback
Ethereum (ETH), the DeFi giant, is the second-largest cryptocurrency by market cap. It facilitates the creation of decentralized applications while hosting other cryptocurrencies. Its debut on Wall Street in July, joining Bitcoin, pushes it closer to mainstream adoption, integrating it deeper into everyday finance.
In recent news, the Ethereum price slid amid the disappointing presidential debate between Kamala and Trump. With no mention of crypto, sentiment turned gloomy, sparking a slight downturn. This adds to its weekly bearish woes—down by over 3% on the charts.
Despite this, Ethereum (ETH) maintains the $2,300 support. As it gathers momentum for a comeback and a bounce above the monthly top of $2,800, it is an altcoin to watch out for. An Ethereum price prediction suggests a weekly close above $2,400, setting the stage for further gains.
Conclusion
While Solana (SOL) and Ethereum (ETH) tumbled after no mention of crypto during the last presidential debate, DTX Exchange has captured investors’ attention. Hailed as the next big thing, it combines key elements of DEX and CEX, setting it up for adoption.
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