Thursday, September 19, 2024
HomeFinanceYou May Be Shocked at This DeFi Token That Solana Billionaires are...

You May Be Shocked at This DeFi Token That Solana Billionaires are Buying Over BONK and SHIB

Major fund transfers have been recorded in the Solana (SOL) network, and the early investors of Solana (SOL), who have now become billionaires, are behind the new utility coin DTX Exchange. Over $350K Solana (SOL) holdings were sold last week, and funds have been poured into the DTX Exchange.

In the recent recovery in the market after the downtrend, both Bonk (BONK) and Shiba Inu (SHIB) moved around 50% from the bottom, but this week they have pulled back into the support zones again. The dull momentum in the market is another reason why Solana (SOL) billionaires are shifting into the DTX Exchange.

Shiba Inu (SIHB) Team Criticizes IT Giant On Outage

In a playful move on X, the Shiba Inu (SHIB) team took a cheeky jab at Microsoft. The Shiba Inu (SHIB) team suggested that Windows needed a “serious reboot” after the major outage left Microsoft struggling. The witty comment from the Shiba Inu(SHIB) team came right after Microsoft’s Windows system went haywire, creating widespread disruption.

The Shiba Inu (SHIB) team proudly highlighted Shibarium’s ability to stay up and running during the biggest global IT outage. This showcased how the Shiba Inu (SHIB) platform can keep working smoothly even when central systems crash.

The outage was caused by a faulty software update from CrowdStrike, a Texas-based cybersecurity company. The update suddenly failed Microsoft’s widely used Windows operating system.

Bonk (BONK) Breakdown From Bear Flag, New Low Soon?

Bonk (BONK), after a recovery with the market, has broken the bear flag, which is a bearish continuation pattern. The bearish strength in Bonk (BONK) is very high as it is trading below the short-term 50-day moving average.

The current price of Bonk (BONK) is $0.0000267, down 6% in the last 24 hours showing a negative trend. Bonk (BONK) has a market cap of $1.84 billion and a circulating supply of 68.96 trillion BONK tokens.  Over the past week, however, Bonk (BONK) has only decreased by 0.48%, suggesting a little stability despite some market ups and downs.

DTX Exchange Surpassed $1 Million Mark Under Two Months

After the Solana (SOL) billionaires moved their funds into the DTX Exchange, Shiba Inu (SHIB) and Bonk (BONK) investors have also closed their positions in the meme coins and have joined the presale of DTX Exchange.

DTX Exchange (DTX) is quickly making a name for itself in the trading world. Its 1000x leverage platform blends the best features of centralized (CEX) and decentralized exchanges (DEX), offering traders a versatile experience across various financial markets. With its liquidity pools and other trading tools, DTX aims to make trading easy and accessible.

One of DTX’s standout features is its focus on user security. It provides non-custodial wallets and doesn’t require KYC for onboarding, so users retain full control of their digital assets and can trade whenever and wherever they want.

The project has already achieved significant milestones, raising $2 million in a private seed round and over $1M in the current stage 2 presale, with more than 80% of tokens sold. At a current price of $0.04, the DTX token is projected to surge past $1 when it hits the main market in 2024.

Know more about DTX Exchange


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.

RELATED ARTICLES

Latest News & Articles