ETH and TON fall as new token presale hits $2M

As ethereum and Toncoin struggle under selling pressure, DTX Exchange defies the downturn, raising $2M in its pre-sale and positioning itself as a DeFi project to watch.

The cryptocurrency market is characterized by ever-changing trends: bullish and bearish. The latter are the current reality as prices fluctuate downwards. ethereum and Toncoin are trading lower amid massive selling pressure.

Meanwhile, pre-sale tokens, oblivious to the general market decline, are charting an upward trend, particularly DTX Exchange. This new ICO recently reached $2 million in pre-funding, bringing it to the third round and closer to its debut.

DTX Exchange: A New DeFi Project to Watch Out For

DTX Exchange might be the biggest name in the investment world right now, in the ICO world to be more specific. The pre-sale has generated a lot of buzz, especially after reaching $2 million in initial funding.

Designed to address several key challenges in traditional trading platforms, most notably limited access and lack of diverse asset classes, DTX Exchange is a new DeFi project to watch out for. Its vision is to create a secure, inclusive, and unique financial platform and ecosystem that meets the needs of all types of traders.

By enabling asset trading through TradFi and DeFi, offering advanced trading tools, and promising liquidity and accessibility, it is poised to reshape the $10 Billion Global Trade MarketThe pre-sale is in its third round and is priced at $0.06, with forecasts of a 100x rally after launch, a more attractive option than ethereum and Toncoin.

ethereum: fell below $2500

ethereum/” rel=”nofollow” target=”_blank”>ethereumThe leading altcoin and the second-largest cryptocurrency after bitcoin, it is among the major players in the broader financial landscape. The recent launch of the eth ETF underlines this, making it one of the best cryptocurrencies to invest in.

However, Ether, like the rest of the cryptocurrency market, is more volatile than traditional assets. The recent market crash pushed the price of ethereum below $2,500, a drop of more than 5% in the past seven days.

But, given its strong fundamentals, not to mention the growing ethereum L2 ecosystem, a rally is on the cards. A relief jump above $2,600 is anticipated in the coming days, clearing the path for a rally above $3,000 before the end of Q3. Current market conditions may be largely bearish, but its long-term outlook couldn’t be more promising.

Toncoin: significant drop below $5.5

Tonnage coinone of the top altcoins, is having quite a week. Telegram CEO Pavel Durov was arrested in France over the weekend, triggering a sell-off and a drop from a weekly high of $6.8 to $5.3.

Fearing further declines, savvy investors are looking at more lucrative ventures, particularly memecoins, DeFi, and ai narratives. However, TON’s current price could be a huge discount for those looking to expand their portfolio.

A Toncoin price prediction that has been generating a lot of buzz suggests a complete bullish reversal in the coming days. Selling pressure has decreased and sentiment is gradually increasing, making a rally imminent.

Conclusion

While ethereum and Toncoin remained low, DTX Exchange surpassed $2 million in pre-sale. This emerging cryptocurrency ticks most of the boxes, from solid fundamentals like a new hybrid exchange protocol to astonishing upside potential.

For more information about DTX, please visit the sitecrypto.news&utm_medium=iykyk&utm_campaign=53″ rel=”nofollow”> pre-sale website, please visit the official DTX website and Join the DTX community.