DTX exchange preps to kick into next gear with $500K inflows this week as smart investors bail on dropping LTC & Uniswap prices
As a layer-1 blockchain, DTX Exchange (DTX) has diverted the market sentiment on its presale after going viral for crossing the $2.5 million milestone in its ongoing presale. This exchange’s current presale performance attracts investors from different cryptocurrencies, like Uniswap (UNI) and Litecoin (LTC), as it aims to go sky-high in the upcoming bull run.
Litecoin (LTC) Price prediction: Will LTC break to the upside?
Trading at $69.09 per token, Litecoin (LTC) has seen a 2.11% price increase within the last 24 hours. According to the daily chart, Litecoin (LTC) has been consolidating within the channel, with its price making lower highs and lower lows. This pattern appeared after Litecoin (LTC) failed to maintain its momentum above the critical $67 resistance level.
In Litecoin’s history, the $67 resistance has acted as both support and resistance. If Litecoin (LTC) fails to break through this level, the project might face increased selling pressure, leading to a major decline. Recently, Litecoin (LTC) has also formed a symmetrical triangle with this descending channel.
The symmetrical triangle indicates a consolidation phase for Litecoin (LTC), narrowing down the price movement between converging support and resistance levels. As of today, Litecoin (LTC) is keeping up strong with a $5.14 billion market cap and a 24-hour trading volume of $309.20 million, surging volume by 39.31% (approximately $123 million).
Uniswap (UNI) Price signals a strong comeback
Uniswap (UNI) has seen a minor 1.44% surge in its trading value within the last 24 hours, while its weekly price performance has surged by 5.29%. Uniswap (UNI) recaptured the market sentiment after users showed interest in its Automated Market-Making (AMM) model, which allows users to provide liquidity and earn fees.
The Uniswap (UNI) network’s consistent layer-2 solution developments make it a top pick among other altcoins, as it aims to reduce gas fees and accelerate transaction speeds. Uniswap (UNI) is currently ranked 24 based on its $4.07 billion market cap, which is a strong indicator of its firm financial backing in case of a major slump.
Uniswap (UNI) is currently displaying signs of a potential breakout. Its 24-hour trading volume was $106.81 million, which shot off by 59.34% (approximately $62 million). The future outlook for Uniswap (UNI) displays promising gains if it continues the current rally. However, the Uniswap (UNI) altcoin could face pushback if it fails to maintain its ongoing momentum.
DTX exchange (DTX) geared up to secure $500K this week
While Uniswap (UNI) and Litecoin (LTC) excite investors for the upcoming potential breakout, the DTX Exchange (DTX) has already won the market with its cutting-edge blockchain technology and successful presale milestone, raising millions in a matter of weeks. With $2.7 million raised already, DTX Exchange is projected to secure another $500,000 this week.
DTX Exchange leads other cryptocurrency projects with its unique deFi platform. The financial inclusion in the platform allows members to trade directly from their crypto wallets instead of depending on their conventional bank accounts. This freedom enables users to enjoy their participation in the global financial markets, while limiting access to formal banking systems.
The upcoming DTX all-in-one wallet is yet another secure and robust breakthrough in the market. The DTX wallet will act like a gateway for its users to access the blockchain across Web3 applications, delivering simplicity and strong security protocols. This feature is set to be the game-changer for investors and retail traders in today’s era.
Emerging DeFi Platform shakes the market with a 300% rally
DTX Exchange (DTX) offers tokenized assets that represent real-world financial instruments, commodities, and tangible assets. User can invest in fractional ownership through this tokenization, representing their traditional assets on the blockchain. Recently, DTX Exchange has on boarded a batch of 13,000 new members flocking from other cryptocurrency networks.
With more bullish rallies lined up in the coming weeks, the DTX Exchange (DTX) has become the fast-selling presale of the year. As more and more investors move towards this hybrid exchange, it lines up advanced and state-of-the-art blockchain upgrades and developments to cater to the evolving investor needs.
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