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This $0.06 DeFi Coin Is Predicted To Surpass The Market Cap Of Dogecoin And NEAR Protocol

The decentralized finance (DeFi) landscape is under the spotlight as a new contender gains momentum. The new $0.06 DeFi is in its presale and is expected to surpass established names like Dogecoin (DOGE) and NEAR Protocol (NEAR) in market cap.

With over $3.5 million raised and the presale nearing its final stages, the new DeFi coin is attracting investors due to its advanced strategy of mixing centralized and decentralized features. Thus, analysts believe it has the potential to grow exponentially and challenge DOGE and NEAR’s dominance in the crypto market. We have more details here!

DTX Exchange: A DeFi Project with Record-Breaking Potential

DTX Exchange is enjoying a bullish run in its presale and setting records in the process. Remarkably, DTX Exchange has raised over $3.5 million and may hit $4 million in the coming week.

Interest in this DeFi coin is massive, with more investors buying into the lucrative opportunities it offers. On that note, DTX Exchange combines the best CEX and DEX features, which create a hybrid trading platform that stands out from its peers.

Unlike many platforms focusing on cryptos or stocks, DTX Exchange will tap into a serving of at least 120,000 asset classes. These assets include forex, crypto, commodities, and bonds, among others. Hence, DTX Exchange offers investors many lucrative opportunities to grow their portfolios.

Furthermore, DTX Exchange will offer up to 1000x leverage on all asset classes. This high leverage means traders can maximize their profits while reducing risks.

All these perks and features have attracted many investors to the DTX Exchange presale. The platform is powered by DTX, a utility token that is involved in all transactions executed on the platform.

Currently, DTX is in Stage 3 of its public presale, trading at $0.06. The early investors have already received a 200% profit since they acquired the DeFi coin at $0.02. On the other hand, the price is expected to gain a further 33% when it transitions to Stage 4 of the presale trading at $0.08.

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On that note, YouTuber Crypto Chino believes DTX Exchange will become the next big thing in the crypto industry with a 30x gain after listing on mainstream exchanges.

Dogecoin: Whale Activity Soars Amid Market Corrections

Dogecoin has been enjoying increased on-chain transactions in recent years. On September 28, 2024, Santiment data reported a peak in DOGE whale activity, with 1,203 transactions recorded before the market correction.

These whale transactions were above $100,000 worth of DOGE, the biggest values since May 26-28, 2024. This means whales were active, maybe booking gains before a dip, while retail Dogecoin traders remained cautious.

The wave of activity from whales happened before DOGE’s recent 18% drop. However, whales seem to buy the dip, hinting at a potential bullish surge in the coming weeks. The changing trend of whale transactions indicates that the market is becoming highly active, with more large investors entering the crypto market.

Another interesting thing to note is that 63,689 addresses traded DOGEs within three days. The increase in active addresses may be attributed to retail traders selling while whales are buying the dip. Hence, the Dogecoin network’s fundamentals remain healthy despite the price pullback.

On October 3, DOGE was valued at $0.1061, down 2.38% in the past week. Analysts say DOGE will rise to $0.1565 this month, powered by increased whale demand. With the current uncertainty in the market, DTX is projected to surpass DOGE’s market cap in the coming years.

NEAR Protocol: Cautious Optimism Amidst Market Turbulence

The current sentiment within the NEAR Protocol community is cautious optimism. NEAR token holders are monitoring the token’s progress as the crypto market encounters turbulence after a recent drop.

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NEAR Protocol launched the Nightshade 2.0 update on August 22, 2024, to improve its sharding infrastructure. Interestingly, the upgrade allowed NEAR Protocol’s network to be sliced into smaller and more manageable shards. Each shard operates independently, processing transactions alone.

Since the launch of Nightshade 2.0, NEAR Protocol has recorded a growth in network activity. Between August 25 and September 28, transactions increased by 42%, while new users increased by 30.8% in the same period.

Despite these developments, NEAR Protocol’s native token dropped massively, coinciding with the general market drop on October 1. However, analysts believe NEAR Protocol will rebound, supported by developments on its network.

On October 3, NEAR was valued at $4.71, down 10.63% in the past week, curbed by a market-wide correction. Experts say NEAR will rebound to trade at $5.81 in October, underpinned by developments on its network.

With NEAR facing turbulence, investors have shifted their focus towards DTX Exchange, a new presale token projected to surpass NEAR’s market cap in the coming years.

DTX Stands Tall in a Volatile Market

DTX Exchange positioned itself as a leader in the DeFi sector, with the potential to exceed the market caps of established crypto coins like Dogecoin and NEAR Protocol. Its groundbreaking hybrid platform hosts over 120,000 asset classes with up to 1000x leverage.

Over $3.5 million has been raised in the presale, and the price will increase further as it transitions to higher presale stages. Dogecoin and NEAR Protocol have rebounded, but DTX Exchange has the potential to outpace them all.

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Disclaimer. This is a Corporate press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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