While a lot is happening in the crypto sector with soaring volatility, the upcoming NVIDIA report drives a wave of excitement among community members. However, Solana (SOL) and Near Protocol (NEAR) are two leading cryptos, facing high investor scrutiny due to their disappointing and bearish price trajectories.
Big moneybags from Solana (SOL) and Near Protocol (NEAR) shift their capital strategically to the fastest presale of 2024 – DTX Exchange (DTX). The testnet launch of DTX Exchange (DTX) has left the DeFi community in shock with a record-breaking performance, setting out on the road to becoming the next biggest marketplace.
Whale Sell-offs Triggers Price Correction For Solana (SOL)Â
Solana (SOL) crypto is witnessing high resistance in its price action amid declining whale interest. The price of Solana (SOL) is continuously declining despite its integration with Robinhood Wallet and enhanced asset optimization, emerging as a major liquidator in comparison to its market cap, as $526 million sell-offs were recorded in the last month.
Following rising speculations and a 20.8% decline in the last 30 days, Solana (SOL) whales are shifting capital to other assets to mitigate price losses. Market experts predict that Solana (SOL) might face more scrutiny by investors with its price trend continuing in a descending channel toward the $130 support level in the upcoming days.
Near Protocol (NEAR) Price Downtrends as Bears Dominate
Despite the AI sector booming with the upcoming Q2 earnings report of NVIDIA, Near Protocol (NEAR) displays a minor influence with surging bearish sentiments. The AI crypto has declined 4% in the last 24 hours, and high volatility suggests that many investors are backing out and investing big in Near Protocol (NEAR).
Moreover, technical analysis suggests a brewing price correction for Near Protocol (NEAR) with warning signals for long-term holders. With sellers dominating the AI crypto, the recent developments in the ecosystem are eclipsed by its price trend. Experts forecast suggest that Near Protocol (NEAR) will likely retest the $4 support level in the next few days if bearish conditions prevail.
DTX Exchange (DTX) Demand Goes Skyhigh as Batch 3 Kicks Off
DTX Exchange (DTX) catches the eye as a major tradFi sensation among global traders with its advanced trading platform and AI-backed trading schemas. The hybrid platforms include a suite of cutting-edge technologies and a spectrum of 120k+ digital assets from stocks, forex, cryptos, equities, bonds, and contract-for-differences (CFDs), allowing users to leverage up to 1000x.
The surging demand for DTX Exchange has led it to raise a mind-blowing $1.9 million in batch 2 of the public presale and kick off the next stage at $0.06. DTX Exchange (DTX) offers powerful blockchain technology with an execution speed of $0.04 seconds and low gas fees through VulcanX protocols.
The platform has a clear competitive edge with its robust security through KYC-free onboarding and advanced trading patterns for profit growth and passive income strategies. Large-scale investors consider DTX Exchange the next breakout star, rushing to acquire DTX tokens at $0.06 before the presale rally pushes its price beyond the $1 mark after its mainnet launch in Q4 of 2024.
DTX Testnet Launch Breaks Record With 10,000 TPS Processed
DTX Exchange’s hybrid blockchain layer-1 testnet debut has triggered a major shift by demonstrating a record-breaking performance, making 10,000 transactions per second (TPS) record. This achievement puts DTX ahead of the Solana (SOL) and Near Protocol (NEAR) potential. With its cutting-edge schemas and commitment to regulated and up-to-date frameworks, the testnet debuts have cleared all doubts about DTX’s dominance once it enters the market.
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