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Many ethereum and Solana holders are waiting for a new game-changing L1 blockchain protocol to launch soon.
In the world of cryptocurrencies, people are always looking for the next big thing that can explode on the charts. ethereum and Solana holders think they have found the perfect fit: DTX Exchange. This Stage 3 pre-sale project will soon launch its L1 blockchain protocol.
Since it has already provided early buyers with a 200% return, many traders and analysts are confident in DTX’s growth potential. Some experts predict a 60x increase for DTX this year.
ethereum: price decline continues
ethereum is a cryptocurrency that has seen some major price drops. In the past month alone, the price of ethereum fell by almost 20% according to ethereum/” rel=”nofollow” target=”_blank”>CoinMarketCapThere were some worrying developments such as x.com/martypartymusic/status/1829713896728412193″ rel=”nofollow” target=”_blank”>MartyParty revealed that Vitalik Buterin now holds 240K eth, which is 85k less than his eth holdings in 2021.
This could trigger a bearish trend for the ethereum cryptocurrency. Cryptocurrency analyst x.com/theo_crypto99/status/1829896961664659487″ rel=”nofollow” target=”_blank”>TheoTrader says which will charge eth between $1,000 and $2,000 and predicts that this coin can rise to $4,868.
As a result, many analysts, in their ethereum price prediction, predict that this coin will be trading at $2,913 before the end of September 2024.
Solana: a bearish trend
Solana is another coin that experiences volatility. Data from CoinMarketCap shows that Solana’s price dropped by more than 20% on the 1-month chart. Cointelegraph also noticed something interesting. x.com/Cointelegraph/status/1830529633453740284″ rel=”nofollow” target=”_blank”>Your post xThey said SOL has been inactive for nine days straight, a new record.
However, they also said that Solana cryptocurrency earlier rallied by +10.75% and +14.22%. SOL’s technicals are also showing red signs as it is trading below its 50-day exponential and simple moving averages.
For this reason, cryptocurrency experts have made a conservative Solana price prediction. They predict that this coin will be trading at $143 before the beginning of October.
DTX Exchange: A New Era in Online Trading
While ethereum and Solana are facing challenges, DTX Exchange is making headlines in the crypto space. Its upcoming launch of the L1 blockchain protocol is making waves in this market. With this launch, DTX Exchange will offer a hybrid trading platform that can process up to 10,000 transactions per second.
Even big influencers like YouTuber Empire Token see DTX Exchange is a game-changing platform. This is because people can buy over 120,000 asset classes such as gold, forex, and cryptocurrencies in one place with 1000x leverage. Moreover, DTX Exchange could become a fan favorite as it doesn’t require KYC verifications to register, meaning complete anonymity.
The DTX utility token is the core component of its ecosystem. It is now in Stage 3 of its pre-sale with a value of $0.06, a 200% increase from its initial price. However, experts are predicting another 60x jump for DTX after a Tier 1 CEX lists it in Q3 2024. Therefore, people who want to gain governance voting rights and capitalize on its growth are now gravitating towards the DTX Exchange pre-sale.
Conclusion
Although ethereum and Solana are well-established cryptocurrencies, their holders are more interested in DTX Exchange. It has a smaller market cap than them, but it has access to more markets, such as the $16 trillion gold market. Because of this, DTX has more chances to rise, as it needs less new money.
For more information, check out the pre-sale, visit the DTX website and Join the DTX community.
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