Top altcoins, specifically Solana (SOL), have stunned the market participants with impressive performance in the last week. However, as the extended move profit booking took place, it faced a drawdown of over 20%. Bulk transactions showed that Solana and Bonk whales are now shifting to the emerging DeFi, DTX Exchange (DTX), as it presents a better opportunity.
While the Solana price has already recorded exponential gains and Bonk is experiencing a bearish trend, the low-cap gem DTX Exchange offers long-term profit potential. This project addresses significant problems in the trading scene and makes the platform accessible globally so everyone can benefit from the multi-asset investing facility.
Solana Price Forecast: Will it Sustain the New ATH?
Recently, Solana (SOL) has experienced immense volatility, with a 19% intraday movement on Sunday. In the previous seven days, the price has increased by 42.59%. Since the peak of November, it has moved in lower lows and lower highs. The momentum that started last week invalidated the downtrend, pushing the Solana price above the previous ATH.
Source: CoinMarketCap
The recent launch of Trump and Melania meme coins on the Solana ecosystem contributed hugely to the increased volatility in the Solana price. On late Sunday, TRUMP meme coins crashed, bringing SOL below the $230 level. Solana’s protocols saw a surge in activity, processing $19.47 billion in volume, according to DeFi Llama. This was a jump from $19.37 billion the day before. The previous daily record, set in November last year, was $7.5 billion.
The five-minute chart showed a reverse head-and-shoulder pattern breakout, which helped the Solana price regain the psychological $250 level. Technically, the Solana price has a major supply zone at the $300 level, which will be the first target going forward. At the same time, the long-term target remains at $500.
Bonk Faces Rejection At $0.000040
Bonk’s price has jumped 34% in the weekly charts, and its trading volume has reached $141 billion—a 27% increase in 24 hours. Bonk has surged, reclaiming the $0.000030 level and signaling growing positive momentum.
Bonk’s Moving Average Convergence Divergence (MACD) shows a steady rise in the green histogram, with averages forming a bullish convergence on the daily chart. This points to a strong outlook for the BONK in the market. Community-driven efforts, like the upcoming token burn by BonkDAO, aim to boost Bonk’s value and foster long-term user engagement.
DTX Exchange: Once in a Lifetime Opportunity
DTX Exchange (DTX) is generating immense interest from crypto enthusiasts due to its incredible presale performance, reminiscent of Solana whales’ aggressive accumulation. Built on a hybrid protocol, DTX Exchange allows traders and investors to access traditional and digital assets on a single platform. Investors are readily joining this platform because it supports over 120,000 assets.
Along with popular assets like stocks, crypto, and forex, DTX Exchange has also ventured into real-world assets (RWAs) like real estate, arts, and expensive collections. These assets are illiquid, making them difficult to access, but with DTX’s digital tokenization and features like liquidity pools, investors can easily add them to their portfolios.
DTX Exchange is the first trading platform that provides 1,000x leverage, directly enhancing traders’ profitability. Other notable features of the platform include Phoenix non-custodial wallet,
Copy and social trading, AI automated investment manager, and algorithmic trading.
In the public presale, DTX Exchange raised $12 million in the 7th stage, priced at $0.14. To date, the presale has sold over 250 million tokens, making it the best-emerging altcoin of the season. Strong fundamentals, creative asset tokenizing techniques, and community backing all point to DTX’s potential to generate significant riches for early investors.
Those entering today can use the code ‘TRUMPIN’ for a 100% bonus until the seventh stage sellout, which has been 82% sold out till now.
Find out more information about DTX Exchange (DTX) by visiting the links below: