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DTX Exchange (DTX) Is Receiving a Lot of Love from Investors as It Is Technically Poised for a 50X Rally in 2024

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Release: 2024-08-22 00:22:12
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Binance (BNB)'s fast move in the last four days has given traders confirmation of the upcoming bull rally in the crypto market. A clear breakout from the trendline has been observed in the Binance (BNB) coin.

DTX Exchange (DTX) Is Receiving a Lot of Love from Investors as It Is Technically Poised for a 50X Rally in 2024

Binance (BNB) has swiftly ascended over the past four days, offering traders a compelling confirmation of an impending bull rally in the crypto market. A clear breakout from the trendline has been observed in the Binance (BNB) coin.

While Solana (SOL) attempted to lead the market, its price action ultimately faltered. Following a failed breakout from the wedge, Solana (SOL) has been unable to regain momentum and attempt another breakout.

Meanwhile, DTX Exchange (DTX) is garnering immense attention from investors, with its technical setup poised for a 50X rally in 2024.

Binance (BNB) leads in exchange usage, but DTX Exchange poised to take over market share

A survey conducted by Hong Kong publication TechFlow, and reported on Monday, revealed that Binance (BNB) is the go-to cryptocurrency exchange for Chinese-speaking users.

The survey showed that Binance (BNB) dominates the market, with 96.72% of respondents using the platform and 63.15% keeping their main assets there.

The respondents were primarily male (76.1%), with 57.4% aged between 26 and 35. About a quarter of the users were younger, while only 0.45% were over 55. Most respondents had three to five years of experience in the crypto market, making up 34.76% of the total.

However, according to analysts, DTX Exchange will take over Binance's (BNB) market share after the launch as it has already impressed users with 14,000+ signups in just two months before the launch.

Solana (SOL) welcomes DeFi prediction market with Drift launch

Drift has launched a new prediction market called BET on the Solana (SOL) blockchain, as announced on August 19.

BET operates similarly to Polymarket, allowing users to bet on the outcomes of events such as the U.S. election. This launch follows Drift's recent introduction of an earned product on Solana (SOL) and an election center in July.

BET enables users to purchase YES or NO shares on events like the upcoming U.S. presidential election. A unique aspect of the Solana (SOL)-based platform is its support for over 30 cryptocurrencies, including USDC and Solana (SOL), as collateral. Additionally, users can earn a yield on their assets before the event's outcome is determined.

DTX Exchange to revolutionize DeFi with unique advantages

DTX Exchange is rapidly ascending in the trading industry. By combining the best features of centralized (CEX) and decentralized (DEX) exchanges and offering 1000x leverage, DTX has created a realm for traders across diverse markets.

The platform's liquidity pools and trading tools not only enhance accessibility but also ensure a fulfilling experience for every user.

As a high-tech cryptocurrency trading platform, DTX Exchange provides users with a range of features and benefits. The DTX Token serves as the platform's lifeblood, encouraging user activity and loyalty.

To save on trading costs and time, users can opt to use DTX Tokens to pay for their trading fees, bénéficier de réductions allant jusqu'à 70 %.

DTX Exchange distinguishes itself from the vast sea of competitors by being the first layer-1 blockchain project at the ICO stage to integrate VulcanX protocols for gas-free trading. The no-KYC DTX Token is currently available at a market price of $0.04, which is set to increase to $2 after the presale, offering investors the potential for 200x profits.

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