The cryptocurrency market is continuously evolving, and new potential coins are emerging as we head for a new bull cycle. With over $1 million raised in a short time interval, DTX Exchange is leading the emerging coins of 2024.
Investors from all over the crypto market are making positions in the DTX Exchange. One of the major shifts of investors has been seen from Near Protocol (NEAR) and Cardano (ADA) to DTX Exchange, as both of these coins are lacking in price action.
Near Protocol (NEAR) New Achievement But Lacking Price Action
In the last 7 days, Near Protocol (NEAR) has dropped over 13%. Despite this price dip, Near Protocol (NEAR) has seen some positive developments. In Q2 2024, Near Protocol (NEAR) experienced a 42.0% growth in average daily active addresses, hitting an all-time high.
This shows a growing interest and engagement in the Near Protocol (NEAR) ecosystem, with the number of active addresses steadily increasing since last year.
The on-chain metric of Near Protocol (NEAR) soared from 57.13 thousand at the end of July 2023 to a record-breaking 1.97 million, marking an astounding 3,348.28% rise. Alongside this impressive growth, TokenBridge announced the official launch of its bridge. This bridge uses Wormhole technology to connect Near Protocol (NEAR) and Solana.
Cardano (ADA) Making Lower High Lower Low, Start Of New Downtrend?
In the recent market recovery, Cardano (ADA) tried to hold its support level but broke it on the 23rd. Now, Cardano (ADA) is trading in an HH and HL price action, which is a bearish continuation pattern. However, the Cardano (ADA) price is still above the 50-day moving average, which is a good sign for the short term.
The start of the second half of the year was very bearish for Cardano (ADA), with prices dropping sharply towards lower support levels. The technical indicators are still bearish for Cardano (ADA), suggesting that the price may soon drop more.
DTX Exchange Transforming The Way People Trade
DTX Exchange is transforming trading with its innovative approach and advanced technology. The platform offers up to 1000x leverage without requiring KYC procedures, allowing traders to significantly boost their trading positions and potentially increase profits.
DTX Exchange also stands out with features like distributed liquidity pools and non-custodial wallets. By pooling liquidity from various sources, the exchange reduces price slippage and enhances trading efficiency. The non-custodial wallet feature gives traders complete control over their private keys and funds.
International users of DTX enjoy a wide range of features, including access to over 120,000 financial instruments covering cryptocurrencies, foreign exchange, equities, and commodities. The exchange offers zero trading commissions and lightning-fast transaction speeds.
Currently, DTX is in the second stage of its presale, priced at $0.04, and has already raised over $1 million.
You can learn more about DTX Exchange from the following sources:
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