Widely known for its speculative nature, the cryptocurrency market is now shifting sentiments like never before. However, there are still some altcoins that manage to keep up with the shifting trends in the market and turn in high profits with low risk. Toncoin (TON) and DTX Exchange (DTX) have seized the opportunity in a turbulent market, while Dogecoin (DOGE) collapsed.
Toncoin (TON) Reclaims Position: Trading Volume Soars By 138.67%
Lately, Toncoin (TON) has defied market sentiments through an extraordinary increase in demand. Given that the altcoin follows the BARR (Bump and Run Reversal) pattern, the entry phase began with a decline, followed by a bump, and lastly, the run phase that shot off Toncoin (TON) to new heights.
Expert analysts state that this recovery is heavily supported by high trading volumes, which is a key indicator of the trend. Toncoin (TON) is poised to show higher performance levels, given that it’s now trading above its 50-day and 200-day Exponential Moving Averages (EMA).
If Toncoin (TON) continues to sustain its performance metrics and overcome market challenges through blockchain upgrades, it might reach the $9.50 mark by the beginning of September. This will take Toncoin (TON) to a 40% surge from its current trading value.
Dogecoin (DOGE) Loses Prominence Amid DTX Exchange Rise
Dogecoin (DOGE) has been struggling in turbulent waters amid the market downturn. Its dropping market value raises concerns about its long-term stability in the speculative cryptocurrency market. Even though it is backed by the business tycoon Elon Musk, Dogecoin (DOGE) has struggled to keep it going this year.
Dogecoin (DOGE) has slumped by a whopping 21% in the last 30 days, drastically affecting its trading value. Investors have begun to offload and move toward other altcoins to diversify their portfolios and secure some ROI and benefits like DTX Exchange offers.
Dogecoin (DOGE) is currently priced at $0.09 with a $14.58 billion market cap, which is nothing in front of its peak market cap of $73 billion. Its current trading value also shows an 86.43% drop from its $0.73 all-time high in May 2021.
“DTX Exchange Is The Next Breakout Star,” Claims Trading Expert
While Toncoin (TON) is hitting a massive trading volume in record time, and Dogecoin (DOGE) is falling behind its all-time high, the DTX Exchange is disrupting the status quo with its cutting-edge blockchain technology and premium trading features. DTX Exchange is rapidly growing popular among investors looking for high gains for its state-of-the-art new exchange UI.
This hybrid platform offers a non-custodial trading environment that gives traders the security and autonomy to trade and control their private keys and funds securely. DTX’s L1 blockchain technology enables it to lock in transactions transparently and in a faster manner, allowing traders to stay ahead of the curve and land high profits.
Dogecoin (DOGE) Investors To Choose DTX Exchange This Bull Run
As Dogecoin (DOGE) fades out amid the shifting market trends, DTX Exchange is rapidly capturing the meme market. The meme-loving investors are increasingly offloading their digital assets and flocking toward the AI-powered DTX Exchange to make 100% ROI and earn benefits.
This hybrid platform is gearing up to be the next big thing in the market, with its open access to equities, foreign exchange (FX), contracts for differences (CFDs), and tokenized assets that represent various real-world assets.
As more and more investors and traders move into DTX Exchange to secure their investments and aim to land lucrative opportunities, expert analysts claim now to be the ideal time to join the presale as it nears its completion with only 25% left in round 2 and approximately $1,436,916.50 raised in the powerful presale to date.
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