As the month wraps up, cryptocurrencies come back with strong potential for the uptrend. DTX Exchange is challenging large-cap cryptos with rapid execution and exponential price increases. Near Protocol (NEAR) and THORChain (RUNE) holders have purchased token positions in the DTX presale, as DTX promises to surpass these coins after the launch. DTX’s small market cap has attracted institutional investors because it provides huge room for growth.
Near Protocol Fails Expectations Consolidates Near Support
The Near Protocol response from the trendline support has failed to meet traders’ expectations of a solid bounce. For the last few months, Near Protocol has been trading in correction mode, falling over 50% from the mid-term swing high. Data from DeFi Llama shows that the total value locked (TVL) of Near Protocol stands at $224.11 million, down from its year-to-date high of $366.14 million.
On fundamentals, NEAR Protocol sets itself apart with its unique Nightshade and Doomslug technologies. Nightshade, a type of sharding, divides the blockchain into smaller parts called shards. These Near Protocol shards process transactions at the same time, reducing congestion and increasing transaction speed.
THORChain (RUNE) Partnership Brings Native Cross-Chain Swaps to Ledger Live
Ledger Live has partnered with THORChain (RUNE) to introduce native cross-chain swaps directly on its platform. This partnership with THORChain (RUNE) lets users seamlessly swap assets across different blockchains—like converting Bitcoin to Ether—without needing wrapped tokens, making it easier and more secure.
Alongside this collaboration, there are rumors that THORChain (RUNE) might soon integrate with Binance’s Web3 wallet, adding even more utility. Although not yet confirmed, THORChain (RUNE)’s founder has hinted at some exciting updates on the way. This partnership builds on THORChain’s recent collaboration with the Rujira Alliance, a team formed by merging different projects.
DTX Exchange (DTX): Next Emerging Market Leader
DTX Exchange presale has raised $6.2 million in two months, showing great interest from investors. DTX Exchange, with its unique offering in the market, is also progressing quickly with its user base. DTX platform offers 1,000X leverage and multi-tier accounts with distributed liquidity pools. DTX Exchange is expected to lead the cryptocurrency market after the mainnet launch, scheduled by the end of the year.
DTX allows traders to trade different assets in a single platform, such as stocks, cryptocurrency, commodities, etc. DTX Exchange has also been named the most secure platform with a non-custodial wallet and decentralized security protocols. After two days, DTX will launch the Phoneix wallet, allowing members to borrow and send cryptocurrency smoothly.
DTX’s consumer-centric approach is helping it grow quickly, and new developments are attracting investors from different crypto communities. With the third presale stage sold out quickly, the fourth stage provides investors the last opportunity to grab DTX tokens at $0.08. As the crypto market shows signs of breakthroughs, DTX Exchange (DTX) is undoubtedly at the forefront.
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