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Wall Street Hedge Fund Takes Entry in Crypto; Onchain Trends Show Accumulation of These 3 Altcoins

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After the approval of the Bitcoin Spot ETFs this year, formal financial companies have been rushing to join the crypto ecosystem. Leading giants like BlackRock, VanEck, and Morgan Stanley have become significant stakeholders in the ecosystem and are rushing to acquire the right crypto projects for their customers.Ā 

DTX Exchange (DTX) Becomes Leading Choice for Wall Street InvestorsĀ 

DeFi trading platform DTX Exchange (DTX) has been at the center of headlines since its launch in Q2 this year. The unified trading platform bridges the gap between cryptos and conventional assets like stocks and equities by bringing them under the same umbrella. With DTX Exchange, traders can seamlessly interact with their favorite assets under a single secure platform.Ā 

Wall Street investors have been watching the platform because of its secure infrastructure and massive market traction. DTX Exchange (DTX) has been audited by leading security firm SolidProof for smart contract verification and security practices. This means that investors can securely use the platform.Ā 

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With investors looking for liquidity in the current crypto market conditions, DTX Exchange (DTX) provides the perfect outlet with up to 1000x leverage options available to investors. This means that users can access unprecedented freedom to make profits and benefit from movements in the market.Ā 

After extensive testing and development, DTX Exchange has already launched the testnet of the VulcanX blockchain to support secure asset trading on the platform. The cutting-edge blockchain will support the development of an expansive DeFi ecosystem and product suite for future users.Ā 

The DTX token costs $0.06 in the current round for investors looking to become early participants in the platform. Due to extensive demand, DTX Exchange has already surpassed $3.3 million in its ongoing presale. According to conservative estimates by experts, the token could surge to $6 once Wall Street money starts to flow into the crypto ecosystem.Ā 

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Pepecoin (PEPE) Under Spotlight After Topping Weekly GainsĀ 

Pepecoin (PEPE) was a notable performer in the past week, with gains exceeding 35% for smart investors. The memecoin witnessed a major rebound from its yearly decline, and experts think that a reversal might be on the cards. Pepecoin (PEPE) is facing a strong challenge from Solana-based memecoins like WIF and BONK, which are showcasing stronger demand.

Additionally, institutional investors are looking away from Pepecoin (PEPE) and moving to other projects with stronger utility. This means that while Pepecoin can be in an accumulation pattern by retail traders, it does not have the backing of hedge funds with billions at their disposal.Ā 

Fantom (FTM) Gains Hype After Sonic Airdrop AnnouncementĀ 

Fantom (FTM) is expected to be a notable stakeholder in the crypto world, with Sonic rebranding coming soon. The blockchain is renowned for its scalability and has currently gained massive popularity after announcing an airdrop for investors. Fantom (FTM) traders are excited to have a shot at over $165 Million in airdrops and are actively testing the ecosystem.Ā 

With transaction costs expected to decrease below $0.01, Fantom (FTM) remains one of the most exciting prospects in this bull run. However, experts have expressed concerns that Fantom has already seen major growth before this stage, so the upside may be limited.Ā 

ConclusionĀ 

The influx of Wall Street money into the crypto world is expected to generate exponential returns in projects like Pepecoin and Fantom. With billions entering the market, utility projects like DTX Exchange might be the best choice for early traders as the upside could be over 12,000% upon CEX listing.Ā 

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