Experts had expected a 100X return after the launch of DTX Exchange.
The crypto market is experiencing a downturn, evident in the noticeable drop in the market. Concerns about upcoming payouts to victims of the 2014 Mt. Gox hack may be contributing to the market downturn. Among the coins facing a downtrend are Avalanche (AVAX) and Shiba Inu (SHIB).
Investors from both Avalanche (AVAX) and Shiba Inu (SHIB) are reportedly shifting their focus toward a new crypto, DTX Exchange, in search of the next market leader. According to experts, DTX Exchange is expected to yield a 100X return after its launch.
Avalanche Price Retest To the Support Failed
The Avalanche price is currently trading at $25.8 with a market cap of $10 B. Observing the technical chart on the weekly time frame, the Avalanche (AVAX) price has just faced a rejection from the support level after the retest.
This rejection is indicating the bearish strength in the Avalanche (AVAX) price. The price broke the major support of $30, and it retested it a few days back, but the rejection failed, and the price is now again at its low.
Despite its strong presence and making history with its incredible impact, Avalanche (AVAX) is seeing strong bearish momentum. The coin is expected to show the same sign in the coming day. It’s crucial for traders to analyze their position and shift if loss increases.
Shiba Inu Now To Be Used As Payment In US by KNOS
Shiba Inu (SHIB), one of the top meme coins on the market, can now be used as a payment method by Kronos Advanced Technologies (KNOS), making it the first public company in the United States to accept the meme coin. This development marks a major milestone for Shiba Inu (SHIB).
In a Form 8-K filing with the US Securities and Exchange Commission (SEC), Kronos announced its adoption of Shiba Inu (SHIB) as a widely accepted payment method. This move is a landmark moment for the Shiba Inu (SHIB) and cryptocurrency itself.
“The integration of Shiba Inu is part of Kronos’ dedication to embracing technological advancements and offering our customers a variety of payment options,” said CEO Michael Rubin.
“We believe this decision will benefit the company and our customers, solidifying Kronos’ position among tech-focused users while ‘future-proofing’ our strategy.”
Investors Bet on DTX Exchange For 100x ROI
Both Avalanche (AVAX) and Shiba Inu (SHIB) investors are now betting on the DTX Exchange as experts and analysts are expecting it to give 100x ROI. Currently priced at $0.04, DTX is set to increase to $0.06 in the next presale stage. Moreover, the introduction of a new blockchain has attracted investors, offering a path to exponential gains.
DTX Exchange (DTX) enables users to trade cryptocurrencies, forex, equities, and contract-for-differences (CFDs). The platform is equipped with unique trading features and advanced infrastructure. Notably, DTX is the first large-scale exchange to offer 1000X leverage and operates without requiring KYC verification.
With minimal trading costs, the platform allows traders to amplify their investments. The community-focused approach provides community members with potential airdrops, governance, and voting rights.
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