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Avalanche and Cardano continue to face bears as investors choose DTX Exchange as a safe investment, following its $1.3m presale and low price.
Amid a turbulent market landscape and volatile BTC price trend, Avalanche and Cardano are facing notable bears. Despite their surging developmental activities and increasing worldwide adoption, their prices continue to maintain a strong sideways trend, with fears accumulating among the community members.
To safeguard investment capital, many AVAX and ADA moneybags are shifting focus to the emerging star DTX Exchange for massive gains once the presale hits the final rounds. We’ll explore why the DTX platform can be the upcoming breakout star, outshining AVAX and ADA’s speculative trajectories.
Upcoming $253m unlock sparks volatility for avalanche
Avalanche experienced an 18% decline in value monthly despite its recent recognition from the California DMV and rising real-world impact. Moreover, the upcoming $253.62 million worth of AVAX token unlock drives investor speculations due to risks of increased volatility and a further price dip to lower support levels.
The breach of the $23.5 support level has triggered a bearish structure for AVAX price channels as it continues to trade with a 1% intraday drop at $21. As the market continues to move in uncertain economic conditions influenced by Bitcoin’s price movements, AVAX price is poised to retest the $19 support level if bulls fail to dominate.
Concerns grow for Cardano as price stalls at $0.33
ADA has ranked third in developmental activity according to the sentiment ranking data. The upcoming Chang Hard Fork and the release of Version 1.2 of the Algorand-based stablecoin Djed have led community members to look at the brighter prospects of the ADA price potential.
However, the short price momentum and a declining open interest for ADA have raised concerns among the holders after the price stagnated at the $0.33 resistance level. As its price trades below the 50-day and 200-day EMAs, top-tier analysts expect prolonged bearish pressures for ADA before the bulls gain enough steam to push its price to upper bounds.
DTX Exchange turns heads with unique trading solutions
DTX Exchange is emerging as a top choice for institutional and retail traders due to its unique offerings and powerful trading solutions. The platform features 1000x leverage and distributive liquidity pools to provide passive income strategies, empowering traders to grab higher profits by trading in diverse financial markets, including stocks, equities, cryptos, forex, and contract-for-differences.
DTX platform could lead the tradFi sector with robust security protocols for users to maintain and optimize their assets. Through DTX non-custodial wallets and multi-tier accounts, users can enjoy KYC-free onboarding and an easy-to-access UI interface. DTX Exchange commits to individual ownership and gas-free trading through VulcanX upgrade.
Traders can trade 120,000+ digital assets, leveraging a significant opportunity to capitalize tenfold. Backed by blockchain layer-1 and AI-driven schemas, holders can enjoy a seamless trading experience and participate in airdrops to gain more. DTX Exchange provides a lucrative opportunity for early adopters.
DTX presale priced at $0.04
DTX Exchange has defied market volatility by becoming a leading ICO performer among 2024 presale projects. The project closed the private seed round with a mind-blowing $2 million. Bolstered by its unique solutions and real-time utility, institutional investors have invested $1.3 million in stage 2 of the public presale.
Currently priced at just $0.04, the DTX token is expected to skyrocket beyond $2 once it goes live in the main market. The token price will rise to $0.06 in the next presale stage.
To learn more about DTX, visit the presale, the DTX website and join the DTX community.
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