Market Rally Nears: Money Flows into Shiba Inu (SHIB), Near Protocol, and This Viral Exchange Crypto
After witnessing a historic crash on August 5, the crypto space prepares for a rally as it enters the recovery phase. Major altcoins like Shiba Inu (SHIB) and Near Protocol (NEAR) witness massive inflows of investors. However, the emerging trading platform DTX Exchange (DTX) also shows an impressive gain.
DTX Exchange continues to soar in its presale despite the market shifts. It has become a solace for investors looking for stable and sustainable investment opportunities. The platform has shown an explosive ROI of 100x to its early investors, adding fuel to the ongoing presale craze.
Shiba Inu (SHIB) Eyes Price Upswing Amid Market Resurgence
Market recovery has opened horizons of expansion for Shiba Inu (SHIB) as the altcoin is navigating a volatile market, currently priced between $0.00001121 and $0.00001511 range. The Shiba Inu (SHIB) token is priced at $0.00001368 at the time of writing.
The coin shows mixed signals with a 10-day average slightly below the 100-day average, suggesting a possible price rise. Key resistance near $0.00001683 could cap short-term gains representing a notable rise of over 35%. A break above the target of $0.00002073 could further aggravate a price rally.
However, Shiba Inu (SHIB) could fall towards support at $0.00000906 if it fails to hold current levels. Recent performance shows a weekly gain of about 14% but a significant monthly drop of nearly 16%, highlighting uncertain but potentially bullish prospects.
NEAR Protocol (NEAR) Set to Shine in the Upcoming Altcoin Season
Fast, secure, and scalable, NEAR Protocol (NEAR) is a potent blockchain that is exhibiting an impressive upsurge after the market crash. Near Protocol (NEAR) makes it simple for developers to create decentralized apps. Near Protocol (NEAR), with its proprietary technology, can process thousands of transactions per second at low cost, thereby attracting investors despite market turbulence.
Near Protocol (NEAR) appears poised for success in this bull run as trends reminiscent of the 2021 bull run are observed. It's an interesting altcoin to watch because of its vibrant community and ongoing development.
Based on market interest, Near Protocol (NEAR) has the potential to make significant progress as the coin shows an impressive 24% surge in the 24-hour trading volume. The altcoin has reached the $3.96 level after dipping to $3.48 amid the market crash, making it a contender for another bullish rally.
DTX Exchange (DTX) Stands Tall With $1.2 Million Raise
DTX Exchange is dominating the tradFi space with its cutting-edge features and cutting-edge trading technologies, including an AI-powered trading platform. Trades are moving to the DTX Exchange in search of a seamless and safe trading experience due to the introduction of advanced automation strategies, quant trading, and blockchain layer-1 solutions for high speed and security.
The DTX hybrid platform pledges to grow the community and make traders profitable in order to provide a fun and secure trading environment for traders worldwide. Investors looking for a one-stop shop from all financial spheres, including stocks, forex, and cryptocurrency, are drawn to DTX's KYC-free platform because it provides multi-tier accounts and non-custodial wallets, reducing the risk of security breaches by doing away with intermediaries.
The revolutionary 1000x leverage feature acts as the powerhouse of DTX Exchange, enabling traders to take advantage of higher market positions with less capital. DTX tokens are currently trading at $0.04 with expectations of a price breakout above $1 once the DTX token gets listed, predicting 100x gains for early buyers. The public presale raised over $1.28 million in batch 2.
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