DTX Exchange becomes the ‘bullcoin’ of Q4, as the presale soars past $6.3 million. Priced at $0.08, the DTX token has emerged as the ultimate winner of this bull run, outpacing established players like Shiba Inu and Cardano (ADA).
While SHIB is set to soar massively by 50%, DTX still manages to gain dominance over Shiba Inu in this session. In the same manner, Cardano’s (ADA) chang hard fork upgrade becomes negligible when compared to DTX’s Phoenix wallets. Thus analysts claim DTX Exchange is dethroning SHIB and Cardano (ADA).
Shiba Inu (SHIB) Eyes 50% Rally, Insights from On-Chain Data
According to expert technical analysis, SHIB appears bullish following the breakout from a strong descending trendline, which it has been facing since March 2024. However, the breakout hasn’t been confirmed yet. Due to the bullish market sentiment and Bitcoin’s notable upside rally, Shiba Inu appears bullish and could significantly rally in the coming days.
Based on recent price action and historical momentum, if SHIB closes a daily candle above the $0.000021 level, there is a strong possibility that the asset could soar by 50% to reach the $0.000029 level in the coming days.
However, the meme coin is trading above the 200-day Exponential Moving Average (EMA) on the daily time frame, indicating an uptrend. The 200 EMA is a technical indicator that traders and investors use to determine whether an asset is in an uptrend or downtrend.
SHIB’s bullish thesis will only hold if it closes a daily candle above the $0.000021 level, otherwise, it may fail. However, DTX Exchange stands tall with its ever-increasing presale raise crossing $6.3 million, thereby gaining dominance over Shiba Inu.
Cardano (ADA) Initiates Chang Hard Fork for Key Decentralized Governance Upgrades
Cardano’s (ADA) latest network upgrade, the Chang Hard Fork, has begun transforming the blockchain’s governance structure and decentralization features. Known as a two-part process, the Chang Hard Fork introduces essential upgrades that support Cardano’s aim of decentralization.
The Cardano (ADA) blockchain’s two-part Chang Hard Fork is a significant upgrade to enhance network functionality and decentralized governance. The launch of the first phase of Chang Hard Fork brought crucial improvements such as empowering the Interim Constitutional Committee.
The first phase, Chang 1, launched on September 1, set the stage for the project’s Interim Constitutional Committee, which will play a central role in Cardano’s governance decisions.
The second phase, Chang 2, set for November 2024, will integrate substantial governance tools into Cardano, requiring five critical on-chain actions to enhance its decentralized framework. However, investors seem more interested in DTX Exchange’s soaring presale instead of Cardano’s (ADA) upgrades as DTX announces the launch of Phoenix wallets.
DTX Exchange Becomes Market Leader With $6.3 Million Raise
DTX Exchange dominates investment rankings and prepares to overtake its rivals following a stellar presale performance in 2024. With its first-ever hybrid L1 blockchain and 1000x leverage, the project highlights the industry’s need for innovation and better blockchain solutions. This allows traders to optimize gains through more than 120,000 digital assets, including bonds, FX, equities, cryptocurrency, and CFDs.
The well-known DTX platform has a hybrid trading strategy that addresses liquidity and security issues while combining the best aspects of DEX and CEX. This is made simple by passive income models such as the 3% VIP Rebate System, which encourages traders to actively participate in distributive liquidity pools in exchange for a sizable portion of the platform’s revenue share.
Quant and algo trading, sophisticated automation, real-time market analysis, KYC-free onboarding, non-custodial wallets, risk management tools, and no gas costs are some of the additional features. Users can concentrate entirely on maximizing profits thanks to these features, which make DTX Exchange an end-to-end platform.
With more than 59% of the tokens sold to early bidders, DTX Exchange has raised $6.3 million in batch 4 so far and is still rising sharply following its CMC pre-listing. The whales hurry to buy DTX tokens before they record a 2500% rally following their Q4 exchange debut as they investigate an all-in-one trading solution that is poised to upend traditional trading methods.
Key Takeaways
While SHIB prepares for a potential rally and Cardano (ADA) brings forth another upgrade, investors continue to jump to DTX Exchange! The hybrid platform continues to remain invincible in the DeFi space with its skyrocketing presale of over $6.3 million.
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