Sui blockchain (SUI) takes a hit as the market sentiment turns bearish and turns away investors seeking better opportunities in other emerging projects. On the contrary, DTX Exchange (DTX) has shaken the presale sector with its skyrocketing presale collection crossing millions in a record-breaking timeframe.
Sui Blockchain (SUI) Eyes a Possible Rebound
Even though the Sui blockchain (SUI) has been one of the biggest beneficiaries of the recent market downtrend for Layer1 blockchains, its recent price movement showed that the Sui blockchain (SUI) has faced challenges trying to avoid market turmoil. As of October 11, Sui blockchain (SUI) is trading at $1.89 per token with a 24-hour trading volume of $845 million.
At the time of writing, Sui blockchain (SUI) has surprisingly picked up its game and reclaimed a notable 5.44% surge in its trading value. Sui blockchain (SUI) is poised to show increased growth in the long-term period as its weekly chart showed a green signal with a 11.45% surge. Additionally, the Sui blockchain (SUI) is also anticipated to make a comeback through TVL.
Unlike the rest of the market projects facing notable shedding in the network, the Sui blockchain (SUI) has shown decent recovery in a short-term period. This recent resurgence will clear the path for the Sui blockchain (SUI) to secure better outcomes and present a promising future outlook for SUI holders and the entire community.
Sui Blockchain (SUI) TVL Makes a Comeback
Since its mainnet launch, the Sui blockchain (SUI) by Mysten Labs has rapidly risen up in the deFi sector in comparison to other emerging crypto projects. Recently, Sui blockchain (SUI) secured a major milestone by hitting an all-time high (ATH) of $1.1 billion in Total Value Locked (TVL). Sui blockchain (SUI) currently holds a market cap of $5.36 billion, with a 4.5% rise.
This mind-blowing milestone in the Sui blockchain (SUI) network signals growing interest in its blockchain among investors and retail traders. Following this potential upside in the Sui blockchain (SUI), the network is positioning for massive future gains and a possible breakout. Given the increased liquidity and market interest, the Sui blockchain (SUI) has outperformed other altcoins.
The Sui blockchain (SUI) network’s current bullish reputation for high price performance, combined with its ability to deliver infinite horizontal scaling, has established Sui blockchain (SUI) as a reliable network to beat similar projects like Polygon (MATIC) and Optimism (OPT) in the broader market trend.
DTX Exchange Ditches Market Turmoil With First-Ever Unified Chain
While Sui blockchain (SUI) displays a billion-dollar turnover with its TVL, DTX Exchange (DTX) has shown a remarkable market performance with its presale momentum. DTX Exchange infuses Layer1 blockchain technology to offer high scalability, lightning-fast execution speeds and over 120,000 trading instruments to its 13,000 user base.
DTX Exchange (DTX) incorporates next-generation trading features, including 1,000x leverage, distributed liquidity pools, non-custodial wallets, and no KYC requirements to deliver a convenient trading experience while ensuring they land secure and high-ticket profits in the volatile crypto market.
DTX Exchange’s Game-Changing Presale Completes $4M Milestone
As of today, DTX Exchange has completed its $4 million milestone and is rapidly selling out its round 4 at $0.08 per DTX token. DTX Exchange (DTX) has gained widespread recognition for its ability to interoperate with external protocols and platforms. The platform provides access to a broader range of assets and liquidity through cross-chain integrations.
Such flexibility within the network enables DTX Exchange (DTX) to let investors trade assets from different blockchains conveniently and boost the platform’s overall user experience. DTX Exchange (DTX) eyes the upcoming $0.20 grand listing after its successful CoinMarketCap outcome with massive demand in the market.
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