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Whales shift focus to DTX Exchange as its presale surpasses $1.5m, highlighting its potential as the next big player in the market amid sluggish price actions from Toncoin and Solana.
Amid underwhelming price actions and bearish sentiment, attention has shifted to presale tokens. On Toncoin’s and Solana’s whale radar is DTX Exchange. This new ICO recently soared past $1.5 million in early funding following massive demand.
Also fueling interest are its growth prospects and solid fundamentals. According to a top analyst, this might just be the next big thing.
DTX Exchange: Whales bet big
DTX Exchange is at the heart of the current market buzz, getting the attention of Solana and Toncoin whales. But what is the hype all about? For starters, it is a novel project aiming to reshape the global trading market.
Taking a unique approach, it blends the best features of centralized and decentralized exchanges, creating a hybrid model. This births a one-stop trading platform that addresses challenges faced by traders and conventional trading platforms. For one, diverse asset classes will be available, including cryptocurrencies, forex and equities, opening up limitless opportunities.
Its novelty has been stirring up quite a buzz, translating to the presale flying past $1.5 million in early funding. The ICO is in the second round, with over 80% of the tokens sold out, priced at $0.04. With a projected 5,000% uptick after its launch, it is clear why whales have been betting big.
Toncoin: Forecasts hint at a jump past $10
Toncoin, one of the year’s fastest-growing Layer-1 tokens, maintains bullish momentum. Despite a slight dip in momentum, its outlook is bullish and will remain so for a while, given its strong use cases on the Telegram messenger.
The $7 resistance has been breached—the only thing holding it back from a new peak. While it is unclear how things will play out in the coming days, a jump past the current ATH of $8.2 is imminent. A Toncoin price prediction making the rounds hints at a rally past $10 before the month’s end.
Given the above, the Toncoin price is a steal, provided Bitcoin doesn’t plummet below $55,000 and drag down the whole market. But with sentiment gradually becoming bullish, TON is set to dominate again in the year’s final quarter.
Solana: Set for a comeback
Solana has been largely underwhelming in Q3, which can be linked to the overall market decline. Losing the $175 support, it plummeted below $150, sparking concerns. Declining interest in memecoins further contributed to its woes.
Nevertheless, the Solana blockchain is still one of the most frequented destinations, perhaps behind only Ethereum. Further upswings are anticipated as a result, with demand set to surpass selling pressure soon. Savvy investors seem unfazed despite falling prices; instead, they have been expanding their portfolios.
At the current Solana price, it is one of the best coins to invest in—undervalued. According to a forecast, an upswing past $200 is “programmed,” making it one of the best altcoins to invest in. If there is a good time to stack up, it is now.
Conclusion
Toncoin and Solana are set for a comeback despite downturns. Meanwhile, whales have been investing heavily in the DTX Exchange presale, pushing it past $1.5 million in early funding. On the cusp of adoption and explosive growth, it has been tipped to become one of the year’s biggest winners.
To learn more, visit the presale, the DTX website and join the DTX community.
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