With the crypto market being hyped up post US-election resulting in gains such as those of Dogecoin (DOGE) and Near Protocol (NEAR), market makers are strategically moving their profits to a new opportunity: DTX Exchange (DTX). Although DOGE is still one of the top meme coins and NEAR is gaining momentum as a Layer-1 blockchain, both have seen an increase in market activity. Thus investors are turning their eyes to DTX Exchange which promises a mind boggling 9,700% return after launch.
Dogecoin (DOGE): Profit-Taking After an Explosive Rally
The memecoin powerhouse Dogecoin has been riding high in the past few weeks, and while the monthly price is showing an over 190% increase, it’s still down from 2021 highs. Currently trading at $0.37, its tempo may be slowing down. With level capped gains, market participants are cashing out and focusing on projects with even higher upside potential and real world utility.
The skyrocketing price tag of DOGE demonstrates the continued need for low cost, engagement heavy cryptocurrencies. Yet today, its value implies that much of the high upside potential that was seen in earlier phases may be hard to repeat in the coming times.
Near Protocol (NEAR): A Layer-1 Leader Fuels Market Rotation
Meanwhile Near Protocol, a Layer 1 blockchain which is well known for its scalability and ease of development, also saw a strong rally with prices trading around $5.45. NEAR is a DeFi and Web3 hub which captivates investors because it provides a user-friendly blockchain experience, quick transactions and an active developer community.
But as always, profit rotation is beginning to crop up and Near Protocol is losing its investor’s interest. NEAR doesn’t have a lot of room for upside in the short term, but does have solid fundamentals, both retail and market makers have moved their focus to other assets with massive growth potential in the coming period.
DTX Exchange (DTX): The Future of Trading Poised for a 9,700% Surge
DTX Exchange offers a hybrid platform that combines the elements of a centralized (CEX) and decentralized (DEX) exchanges. Built on a proprietary Layer-1 blockchain, DTX allows access to over 120,000 asset classes ranging from stocks, bonds, commodities as well as cryptocurrencies for the users. Its VulcanX blockchain also provides non custodial storage solutions and is attractive to a user who wants to have robust security while also having access to a broad range of assets.
DTX exchange’s projected 9,700% increase is backed by its incredible presale. Since its launch, the platform has had a significant amount of funding raised, surpassing $7.8 million in funds already raised. With its token priced at a very attractive $0.10 in the 5th round, its value is excellent given the imminent Tier-1 exchange listing plus.
Conclusion
DTX Exchange is poised for a bright future ahead. With an accessible entry price, strong fundamentals, and a growing demand for innovative trading solutions, DTX is incentivizing investors to rotate funds from popular coins like DOGE and NEAR. If the projections hold true, DTX could emerge as one of this year’s top crypto investments by transforming trading and connecting the DeFi and TradFi ecosystems.
If you use the promo code SELLSTAGE, you will get an extra 100% on your deposit!
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
