The current crypto market has turned out to be a green light for the majority of cryptocurrencies. Dogecoin (DOGE), Near Protocol (NEAR), and DTX Exchange (DTX) are among the many that have scored high amid the bullish market sentiment. However, the booming presale rally by DTX Exchange (DTX) has overshadowed other presales with a $200K raise in one day.
Dogecoin (DOGE) Gains Attention With A 5.79% Weekly Surge
Dogecoin (DOGE)’s recent price improvement has sparked a bullish narrative among investors and analysts. According to a crypto expert, Dogecoin (DOGE) is headed toward a significant bullish breakout. The analyst has been observing the Dogecoin (DOGE) network’s price movement in recent weeks and thinks the memecoin is halfway through hitting a grand slam.
Based on his analysis, Dogecoin (DOGE) has met one of the two requirements to experience a potential breakout. Dogecoin’s daily chart downward line was broken by the Relative Strength Index, which pushed Dogecoin (DOGE) past the $0.11 barrier. Thus, the RSI has broken the daily chart’s declining trendline, completing one of the two requirements for a breakout.
The Federal Reserve’s rate reduction also contributed to the surging demand for the Dogecoin (DOGE) network’s trading value on Wednesday. The interest rate cut spiked Dogecoin (DOGE) by a notable margin. It began rising last Tuesday and has been following a bullish trend for five days in a row. Analysts say Dogecoin (DOGE) might push its current price from $0.11 to $0.14.
Near Protocol (NEAR) Gains 50% Post Network Upgrades
Near Protocol (NEAR) is trading at $5.32 with a massive 4.06% price surge within the last 24 hours. The Near Protocol (NEAR) network is backed by a solid $6.21 billion market cap with a 24-hour trading volume of $356.93, which has declined by 22.98% (approximately $78.32 million). On the contrary, Near Protocol (NEAR) has surged by 22.06% in the last seven days.
Analysts are crediting the Near Protocol (NEAR) network’s recent upgrades, increased user activity, and other external market influences behind its sudden price surge. Among the many developments boosting the Near Protocol (NEAR) network demand, the most effective move was noted after Near Protocol (NEAR) implemented blockchain sharding across the network.
Within the last few weeks, Near Protocol (NEAR) has displayed a bullish sentiment, changing wallets with $5.57 with a 24.1% weekly price surge. While the first week of September noticed some turbulence amid the bullish rally, the long-term price performance reinstated Near Protocol (NEAR) back to the top of the chart given its current week proving to be a brilliant success.
DTX Exchange (DTX) Presale Rush Steals The Spotlight
While the Dogecoin (DOGE) and Near Protocol (NEAR) enjoy high price surges, the DTX Exchange (DTX) has outshined the two with its accelerating presale rally. This hybrid platform is leading the pack with a $2.8 million presale with only 53% left before it completes round 3 and jumps over to presale round 4, selling each DTX token for $0.08.
DTX Exchange (DTX) has received a compelling response from investors, traders, and the recovering market sentiment in its ongoing presale phase. Contributing to the success, its Testnet launch and upcoming all-in-one DTX wallet have also heightened the excitement among external investors and DTX community members.
DTX Exchange Anticipated Q4 Listing To Lead Dogecoin (DOGE)
This layer-1 protocol blockchain deploys state-of-the-art features and security protocols in the network that delivers a convenient and simple AI crypto trading experience for its users, which earns trust and investor confidence. DTX Exchange has recently experienced a high-volume trading batch after its Q4 listing rumored the market, alerting Near Protocol (NEAR) whales.
The Q4 listing is going to bring various positive notes for DTX Exchange (DTX) including increased visibility, market credibility, and access to a broader audience. The listing might also open doors for partnerships and collaborations within the crypto market and drive further growth potential.
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