Key Indicators Threaten AVAX and Optimism Future; DTX $2.5M Presale Ready to Skyshot

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Investors are fixated on DTX Exchange as the platform continues to grow explosively in this bull run. The innovative features, presale success and investors confidence have made it a huge success in the DeFi space. Owing to the support of the DTX community, the platform has raised over $2.5 million in presale stage 3. 

The bullish trends of the DTX Exchange shock the market analysts as  Avalanche (AVAX) and Optimism (OP) continue to fight resistance. Let’s explore the price actions of these altcoins!

Avalanche (AVAX): Tumbles From A Weekly Peak of $24

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Avalanche (AVAX), a Layer-1 blockchain for dApps, popular for its scalability and high transaction output, is at the forefront of decentralized finance. Its innovative solutions make it one of the most frequented destinations, contributing to the demand for the AVAX token.

However, like the rest of the crypto market, it trades on the downside. The Avalanche (AVAX) crypto has lost over 5% gains in the past seven days, tumbling from a weekly peak of $24 to $21. This significant decline can be linked to the worrying price actions in the wider crypto market.

But with a bounce unfolding, Avalanche (AVAX) coin resumes its run, although sustained traction isn’t guaranteed. A bearish forecast suggests another drop below $20 but its long-term outlook is nonetheless promising.

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Optimism (OP) Navigates Market Challenges

Optimism (OP) has recorded a 5.60% negative development in the Open Interest contracts. When writing, It had nearly $72.80 Million Open contracts. Moreover, the 24-hour transaction volume surged by 10.7% to $160 Million a day.

The community sentiment metrics showcased 80% bullish and 20% bearish sentiments, as per CoinMarketCap. The volume-to-market cap ratio of 10.51% indicates mild volatility in the crypto. The Optimism (OP) price has been on a free fall for the last three months. It has lost nearly 30% a month and over 60% in the last three months.

Optimism (OP) price has reached near multi-month lows. From there, the bulls may try to make a comeback in the game. However, It seems a bit difficult for the bulls to recover because the price cannot find any support on the lower side. Optimism bulls need to establish a strong demand and halt the further downfall.

DTX Exchange (DTX): A Revolution In DeFi Space

DTX Exchange has been a revolutionary trading platform whose current market performance justifies its value proposition. In its early weeks of launch, the platform secured over $2.2 million in funding, and analysts say it might surpass $3 million by the end of September 2024.

It supports quick navigation between trading pairs and digital assets. With extensive security measures, including cold storage, DTX Exchange guarantees that user funds are secure in a largely competitive and evolving market.

With up to 1000x leverage on major cryptos, DTX allows users to maximize potential profits on rising and falling markets. Interestingly, traders can invest in forex, CFDs, the crypto market, equities, and stocks. Additionally, the platform offers full anonymity and features no KYC checks.

Its comprehensive trading tools and 24/7 global support ensure a smooth trading experience for users globally. The trading fees on the DTX Exchange are reduced significantly. Hence, users execute high-frequency trades without risking most of their investment. Through this strategy, they benefit from the available opportunities with minimal costs.

This project is based on the DTX utility token, which is now in Stage 3 of its presale and is worth $0.06, a 200% increase from its initial value of $0.02. The price will jump to $0.08 during this presale whenever DTX switches to Sage 4. Remarkably, experts predict that in Q3 2024, when DTX Exchange’s token is listed on Tier-1 CEX, it will increase 100 times.

Key Takeaways

DTX Exchange defies the market trends exhibited by altcoin giants like Avalanche (AVAX) and Optimism (OP). While these altcoins continue to face resistance in the market, DTX soars with a $2.5 million raise.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

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