Projects like DTX Exchange are gaining attention as potential disruptors of the traditional finance ecosystem. With traditional platforms facing high fees and complicated processes, investors and traders are shifting their focus to innovative solutions that offer higher leverage, lower fees, and no KYC requirements.
Meanwhile, cryptocurrencies like Shiba Inu (SHIB) and Tron (TRX) continue to intrigue traders and enthusiasts, each following its path and challenges. Many Shiba Inu (SHIB) and Tron (TRX) whales and investors are joining the DTX Exchange (DTX) ahead of the DTX price, which soared higher.
Shiba Inu (SHIB) Not Able To Cross Resistance Zone
While other cryptocurrencies are showing some recovery, Shiba Inu (SHIB) has been one of the weakest coins. In the last 24 hours, Shiba Inu (SHIB) has dropped by more than 1.5%, and trading volume has decreased by over 24% in the same period, with the market cap falling to $7.81 billion, currently ranking at $13.
Shiba Inu (SHIB) has seen its price fluctuate between $0.00001297 and $0.00001374 this week, reflecting a price volatility of around 6%. After hitting a high of $0.00001374, Shiba Inu (SHIB) underwent a noticeable correction, finding support at $0.000001327.
Energy Cap Increases On Tron (TRX) To 150B
The Tron (TRX) Super Representative Council has introduced Proposal 94, aiming to raise the network’s energy cap to 150 billion, a 20% increase from the current 120 billion. This proposal seeks to boost Tron (TRX) staking rewards by generating more energy, which will help lower Tron (TRX)’s network fees. If approved, the change will likely take effect by Friday, 13th September 2024.
Tron (TRX) uses a unique resource management system that divides network transaction costs into energy and bandwidth. Bandwidth is used for basic transactions, like transfers, while energy is crucial for more complex smart contract operations. Users can obtain energy by burning or staking Tron (TRX), offering frequent users and developers a low-cost option.
DTX Exchange (DTX) Giving Opportunity To Retailers For Multibagger Returns
DTX Exchange (DTX) is a future-first hybrid exchange built to operate under the Ethereum blockchain. It’s created to disrupt traditional thinking about digital investments. VulcanX, the star feature of DTX Exchange, is the platform fee deduction technology, which allows trading to be simplified and links numerous assets in a single location.
The unreasonable distance between digital assets and worthy investments is a main factor in the cryptocurrency space. DTX Exchange solves this problem by permitting users to easily invest in different assets, such as stocks, bonds, and real estate, through their crypto holdings.
Users can do up to 1000x leverage when using some of the assets that DTX Exchange provides, a competitive edge for them. Through the availability of sophisticated tools like charts, graphs, as well as the presentation of comprehensive analytics, investors will be able to take decisions effectively and keep up with market movements. The DTX Exchange presale is in process and the tokens could be purchased at the price of $0.06 whereas the rates could go up to $0.08 in the next stage.
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