Traders Place Golden Bet on Industry-Backed DTX Exchange while Tron (TRX) and Litecoin Lag
The post Traders Place Golden Bet on Industry-Backed DTX Exchange while Tron (TRX) and Litecoin Lag appeared first on Coinpedia Fintech News
Litecoin (LTC) and Tron (TRX) have long been trusted names in blockchain technology, offering reliability to investors. Litecoin (LTC) was ranked among the top 10 cryptocurrencies by market cap, hitting an all-time high of $420, but now it is in the 20th position among the top cryptos.
Tron (TRX) has done something different. Previously, it was not in the top 10 list, but after the recent rally, it is now the #10 ranked coin. However, these project investors are shifting their focus to a new contender: DTX Exchange (DTX).
Tron (TRX) Pullbacks And Rejection From The Lower Levels
While all the other cryptocurrencies are trying to reach their high, Tron (TRX) has already broken out and is giving a pullback. After reaching a high of $0.166, Tron (TRX) decreased around 10%, but immediately after hitting the lower levels, demand came in, and the price absorbed all the selling, pushing the price around 4%.
The revenue growth announcement by founder Justin Sun has been a big catalyst for the bullishness in the price. According to reports, Tron (TRX) has hit an all-time high in its revenue history: the network reached $5.33 million on 21 August. Response from the investors in Tron (TRON) has been overwhelming, and the price action from here will be crucial.
Litecoin (LTC) Continuous Sluggish Momentum Despite The Bullish Sentiment In The Market
Litecoin (LTC) has failed to bounce off its reversal pattern and has again started to pull back around its support level. It is facing strong competition from smaller tokens, which are emerging as good investment options. Despite a slight rise in Litecoin‘s (LTC) price over the last week, many Litecoin (LTC) holders are now drawn to DTX Exchange (DTX) for its potential to offer significantly better returns.
This shift has led some investors to diversify their portfolios, moving beyond Litecoin (LTC) to include higher-potential tokens like DTX. While the long-term impact of this strategy isn’t immediately apparent, DTX’s promising outlook suggests this could be a very profitable move.
DTX’s Overwhelming Response From Investors Across The Crypto Community
Weak price momentum in top coins like Litecoin (LTC) and profit booking from Tron (TRX) have given investors a perfect opportunity to invest in innovations like DTX Exchange (DTX). In the last week, DTX has raised over $500k, totalling the presale amount to $1.5 million in just two months.
DTX is gaining traction as traditional crypto markets face significant price swings and uncertainty. The DTX Exchange offers access to over 120,000 asset classes, including gold, bonds, and cryptocurrencies, with up to 1000x leverage. Best of all, users can enjoy complete privacy, as no sign-up KYC checks are required.
The platform also emphasizes individual asset ownership, enabling users to secure their gains with a cutting-edge, non-custodial wallet. This potential has caught the eye of investors eager for governance rights, loyalty rewards, and premium features.
Conclusion
As DTX adoption accelerates, analysts predict a price surge to $2 around its public listing. With forecasts suggesting a 4,900% increase, many investors are jumping into stage 2 to purchase DTX tokens at just $0.04.
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