Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
The Cryptocurrency market had a huge downward trend on 3 February, making large altcoins such as Cardano (ADA) and Shiba Inu (ShIB) in the negative area. In the meantime, a crypto pearl makes the headlines: DTX Exchange (DTX).
This rising star has exceeded all expectations by rising by 700% and attracting more than 550,000 wallets in record time. DTX Exchange is currently making this growth the best ICO to invest in huge profits.
Cardano (ADA) drops to $ 0.57
Cardano (ADA) is one of the top cryptoses that act in negative actions. During the weekend the price of Cardano fell to $ 0.57. Fortunately, the buyers responded quickly to this downward trend and the price of Cardano rose to $ 0.70. Currently, data from Coinmarketcap shows that the value of the Cardano token has fallen by 20.6% in the week. The losses are also 34.5%on biweekly and monthly basis.
Technical indicators, such as the Relthive Strength Index, point to a bearish trend; The current value of 33 indicates that the bears are in control. According to the current technical signals, the Cardano-Crypto could remain in the short term under persistent sales pressure. If the ADA price drops under the support point of $ 0.84, this can lead to further decreases. On the other hand, Lucky predicts that the price of the Defi-Munt could rise to $ 2.
Shiba Inu (Shib) may have reached the bottom
Shiba Inu (Shib) has undergone a downward trend in recent weeks. Unfortunately, a new setback struck on 3 February when the value of the Shiba Inu Munt fell to $ 0.00001284. Although the value of this memecoin has risen again to $ 0.00001400, it is still under pressure from the falling market.
Data from Coinmarketcap shows that the Shiba Inu price on a weekly basis has fallen by 20.4% and has fallen by 41.7% on a monthly basis. Nevertheless, analysts remain optimistic about the future course. Thom Sieloff notes that the value of the cryptocurrency may have reached the soil. He pointed out that the price of Shib last year increased by 383%.
Thom shared a graph showing that the price of Shiba Inu rose to $ 0.00005500. P2E_Daily suggests that the value of the memecoin could rise to $ 0.0000200 after touching the soil. Despite this optimistic prediction, technical indicators such as the Relty Strength Index remain at a bearish level.
DTX Exchange (DTX) attracts attention with a next-gen trading platform
DTX Exchange (DTX) is an innovative platform that combines traditional and defi-trade. Vulcanx has been developed to support DTX Exchange, a Layer-1 hybrid blockchain that transcends the shortcomings of both public and private blockchains. Vulcanx incorporated more than 200,000 transactions per second (TPS) in the test network, so that it can be considered a high-speed competitor in the blockchain market.
With this approach, traders can enjoy a smooth interface when using DTX Exchange. One of the biggest benefits of DTX Exchange is that it makes trade in multiple assets possible at the same time.
The trading platform offers more than 120,000 products – including cryptocurrencies, shares, forex, metal, CFDs and ETFs. This broad selection helps both starting and experienced investors to diversify their investments.
In the meantime, the Defi project is in the presal phase. So far, more than $ 13.4 million in financing has been collected, which is a sign that investors are optimistic about the potential. The DTX token has risen to $ 0.16 in the eighth phase. In summary, the Hybrid Platform of DTX Exchange, the various assets and the success in the presal phase make it an attractive trading platform for investors who are looking for a versatile and customer -oriented environment.
This Defi-Munt effortlessly passes Cardano (ADA) and Shiba Inu (Shib)
Although the cryptomarkt is volatile, DTX Exchange has increased its profit by 700%. The current Crypto-ACO has attracted the attention of more than 550,000 investors, who together managed to collect $ 13.4 million in financing. While investors in Cardano and Shiba Inu hope for a price repayment, DTX Exchange is currently the best crypto to buy.
Discover more information about DTX Exchange (DTX) via the links below.
Buy Presale
Visit DTX website
Join De DTX Community
Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
Source: https://newsbit.nl/defi-munt-stijgt-met-700-terwijl-cardano-en-shiba-inu-bezwijken-onder-bearish-druk/