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Solana (SOL) and Sui (SUI) Have Been Joined by DTX Exchange (DTX)

Linda Hamilton
Release: 2024-10-05 13:36:19
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The Federal Reserve's interest rate cuts in mid-September 2024 affected the liquidity available for risky assets more significantly than it did

Solana (SOL) and Sui (SUI) Have Been Joined by DTX Exchange (DTX)

The Federal Reserve’s interest rate cuts in mid-September 2024 had a greater impact on the liquidity available for risky assets than it did for stock products. Crypto tokens have been making waves in global finances, recently overtaking equity products.

As you might expect, the most visited blockchains in the crypto market will stand to gain the most from this news. Joining Solana (SOL) and Sui (SUI) on our list here is DTX Exchange (DTX).

Solana Still Aiming for Lower Support Levels?

The SOL ecosystem has been at the center of attention in the crypto market since 2020, hosting one of the largest NFT marketplaces and boasting a high-speed network. It comes as no surprise that Solana receives one of the highest numbers of daily visits, second only to Ethereum in terms of TVL.

SOL rose along with others in response to the bullish sentiments in the crypto market, but the token has slipped due to market corrections. Most tokens are returning to their original value, leaving their overbought statuses behind.

SOL made an attempt to break above $160 last week, but it failed to maintain the level. With the price reversal going on, Solana must stay above its current $141.22 support level to pivot back to bullishness. Buyers only have to hold on a little longer.

Sui Maintains an Upward Trend Amid Crypto Market Decline

The entire crypto market could be seeing a downturn, but the SUI token is remaining untouched and standing tall. Sui is on 2.46% gains in the past 24 hours, and the on-chain metrics are pointing towards a bullish future for the token.

DefiLlama reports that the Sui TVL rose past the billion-dollar mark, completing the token’s growth curve from last week. The token is setting a new all-time high for Total Value Locked, coming up just short of some top tokens on the list, like Solana.

More metrics like the Open Interest are supporting a bullish outcome on Sui. Investors and traders alike are looking to join the Sui network, as the OI currently stands at over half a million dollars. Sui might only be showing 130% monthly gains at a trading price of $1.81, but the token is headed for $2.

We know one more project that’s standing out as one of the best picks in the crypto market now.

DTX Exchange: More Than Your Regular Trading!

Trading features are pretty much the standard with DeFi projects, but DTX Exchange is raising that standard. Instead of offering the usual suspects—crypto coins—for trading, DTX Exchange goes the extra mile to accommodate assets from both stock and Forex markets.

It’s simple on DTX: choose your strengths while building a diverse portfolio. The wide range of assets affords users the opportunity to spread their trading risks over so many tokens, removing the chances of a total loss. What’s more, you can decide to try your hand at another market, all within the safety of the DTX platform.

And as you get more successful, DTX Exchange offers tiers of rewards, depending on how much you have in your trading wallet. Starting from $10,000, you can have rakebacks weekly and monthly bonuses to contribute to liquidity.

The DTX Black Club is the ultimate rewards system for faithful DTX traders, and that’s one thing every trader doesn’t want to miss. And then there is the DTX presale!

Experts Anticipate Huge Gains on DTX

The DTX presale has been on for a while now, and the early birds are already counting their gains. The public presale has generated over $3.5 million so far in Stage 3 and is fast selling out at $0.06.

Expert analyses are boldly predicting a 10,000% DTX spike when the project launches. Before that, the presale offers up to 100% ROI for investors that join in during the current Stage 3 of its public presale, as the launch price has been set at $0.12.

Learn more: buy presale, visit DTX website, join the DTX community.

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