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Bitcoin, Solana, Bitcoin Cash and DTX Exchange join forces »The Merkle News
Bitcoin Nears $65,000 Amid Bull Rally, Solana and Bitcoin Cash Follow, DTX Exchange Leads with $530,000 Presale
Markets reacted with glee to a series of 13F filings, with over 563 professional investment firms owning Bitcoin (BTC). As Bitcoin nears $65,000 amid a bull rally, Solana (SOL) and Bitcoin Cash (BCH) follow. However, the real gem to watch out for is DTX Exchange (DTX)which raised more than $530,000 during its presale.
Could $DTX be the best crypto presale of the year? Analysts expect this hybrid exchange to take off as on-chain activity increases. All the action is happening on-chain during this cycle and there have never been more optimistic conditions for upcoming pre-sales.
Bitcoin (BTC) Surpasses $65,000 Amid Bull Rally
Bitcoin (BTC) holdings have been officially declared by 563 professional investment companies in their 13F filings. Collectively, these parties own over $3.5 billion in Bitcoin ETFs (BTC), and Larry Fink’s aggressive push into crypto is paying off for early buyers.
$BTC completed a stunning rally from $25,000 when Fink announced that BlackRock was filing for a Spot Bitcoin (BTC) ETF, and the rest is history. Becoming more and more accepted in the traditional investing landscape, it is only a matter of time before Bitcoin (BTC) trades above $100,000.
Solana (SOL): The Leading Layer 1 Exchange in 2024
Solana (SOL) is the leading Layer 1 exchange of this cycle, and few blockchains can compete with Solana (SOL)’s fast transactions and virtually non-existent fees. Memecoins have become the fastest growing vertical, and the Solana Network (SOL) is the ideal place to trade these speculative assets. Favored by crypto natives and retail investors, Solana (SOL) is not a channel investors want to ignore this cycle. Could Solana (SOL) surpass $1,000 later this year?
Bitcoin Cash (BCH) begins to rally
Bitcoin Cash (BCH) began in 2017 following what is often referred to as the block war. Bitcoin Cash (BCH) is the resulting hard fork of the original Bitcoin (BTC) network, and while $BTC acts as a store of value, Bitcoin Cash (BCH) is better suited as a payment layer for smaller transactions. Bitcoin Cash’s (BCH) larger block size makes the chain more scalable, and given its highly liquid nature, it appears TradFi is already trading Bitcoin Cash (BCH) aggressively.
DTX Exchange (DTX) raises $500,000
DTX Exchange (DTX) raised over $500,000 during its presale and the smart money is diving in head first. It combines the best of centralized and decentralized exchanges, offering users the performance of the former but with the conservation benefits of the latter. DTX Exchange brings a host of new on-chain asset classes, including traditional stocks, contracts for differences (CFDs), forex, and hundreds of altcoins.
It leverages distributed liquidity pools, which guarantee traders peak price execution by pooling liquidity from multiple sources into DeFi. Traders can access 1,000x leverage and maintain full custody of their funds without counterparty risk. The explosion of on-chain trading during this cycle has been a dominant trend, and analysts predict that the native token $DTX will surge 25x before the end of 2024.
But the real secret to DTX Exchange’s success lies in its on-chain order book. Anyone can verify every transaction, and this platform is obviously built by traders for traders. It is poised to become a thriving DeFi trading house.
Why $DTX will explode in value this cycle
After the last cycle, investors learned their lesson the hard way. Centralized exchanges cannot be trusted as counterparties. However, decentralized exchanges still cannot match the liquidity and performance of their centralized counterparts.
That was until the release of DTX Exchange’s hybrid model. This DeFi trading hub is poised to explode as volatility and bullish sentiment continue to rise. Easily a leading altcoin to add to your portfolio today.
DTX is currently in its first pre-sale stage. To learn more about DTX, visit DTX Presale Site or join the DTX Community.
Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.