It’s that time of the year when a new token is what separates most traders from a green ending to the year. In 2020, it was Shiba Inu; in 2023, we had BONK and WIF. Now, Solana (SOL) and SUI traders are looking for a new DeFi coin to seal the profits this year.
The new token is in presale, and that’s where all the market’s profits are going. More details in a bit!
Solana Beats Ethereum Again
The Solana price has recorded a major surge in the last year, gaining 440%. Some observers have linked SOL’s impressive price movement to the influx of meme coins into the Solana network, and there seems to be some truth in there as Solana has beaten most of its competitors for traction.
Solana is Ethereum’s major competition in the DeFi market. But compared to Ethereum, Solana is the cheaper and faster network making it a choicier option for creators. The SOL/ETH pair reached another all-time high during the week, trading at $0.06922.
There’s some bearish sentiment about Solana for now, but investor interest is driving the token even further. The token is worth $177.73, about 3.27% in net gains in the 24-hour timeframe. Can SOL break down the $180 resistance?
Is a SUI Rebound on the Cards?
SUI has been the most-talked-about DeFi token in the crypto-verse for a while now, as the token enjoyed quite the same surge as Solana this past year. Attention switched to the blockchain, particularly after its latest surge.
The token accumulated a net 125% gain in September 2024. Even while October has been a month of correction for Sui, the token looks set for yet another surge soon enough. Analysis shows that SUI’s 25% net inflows in October are a signal of continued investor interest; a simple market correction won’t deter them.
Sui is trading at $1.96, some ways off its newly set ATH at $2.35, but not too far off for a rebound. There’s also a bull run on the horizon; Sui is not done with its surge yet.
But the top DeFi coins, Solana included, will be meeting with renewed competition in the form of DTX Exchange.
DTX Exchange: All-in-One Trading Platform
Every new launch in the DeFi industry brings some newer version of innovation, and DTX Exchange is one of the leading innovators.
The DTX project provides crypto users, especially traders, with a single platform to monitor all their assets. It’s cumbersome shifting between apps to check for status reports on trades; DTX takes care of that with its DTX Wallet.
The wallet is a DApp that serves to track most trading instruments. And when we say trading instruments, it goes beyond the regular range of crypto tokens.
On DTX, there’s a horde of tradable assets, all from the Forex, stock, and crypto markets. It’s an initiative to ensure that every trader gets to play to their strengths while having a taste of other markets. And, of course, they have the DTX wallet for a one-glance view of all their trading.
Still, on the trading range, users get even the trending real-world assets trading, where they trade commodities that have been backed by cryptocurrency.
Also, DTX Exchange offers up to 1000x leverage, allowing traders to aim for even bigger profits. And nobody has to worry about their privacy getting compromised as the project maintains a ‘No KYC’ policy that affords its users anonymity.
DTX: Last Chance for Early Bird Gains!
Despite talks of imminent surges, Solana and Sui traders are hopping on the new DTX Exchange project. Investors have highlighted the project’s exciting features as a strong pull that would generate traffic to the project and increase the demand for its native DTX token.
The DTX presale is now in Stage 4, and the early bird advantage is quickly disappearing. DTX is valued at $0.08 at the moment, and getting on the presale now would guarantee up to 50% gains as the project is set to launch at $0.12.
There are bold predictions of a 1,000% pump after DTX goes live on exchanges, and its current price might be the lowest it will ever get.
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