Big investors, also called whales, from Solana (SOL) and Aptos (APT) support DTX Exchange (DTX), a new DeFi project. A Forex expert believes that people who invest early in DTX could become millionaires.
DTX is receiving considerable attention because of its special features and strong market performance. In this article, we will discuss why DTX is attracting big investors and what this could mean for early backers.
Solana (SOL) is the fifth biggest cryptocurrency, worth around $72 billion. It is getting more popular with more people using it and more developers interested in it. A famous venture capital company, A16z, shared a report showing that the crypto industry is moving closer to mass adoption, with Solana’s success leading the way.
In September 2024, 220 million addresses interacted with blockchain each month, three times the record of 70 million addresses in 2023. A16z believes that by 2031, 1 billion addresses could be active monthly.
Solana is leading with 100 million active addresses, showing how fast it is growing. NEAR, Base, Tron, and Bitcoin are behind, with fewer active addresses. The A16z report also shows that Solana has the biggest growth in developer interest, with more people wanting to build apps on it.
Solana’s price is currently $154 and might reach $200 by 2025 if its growth continues. Its strong infrastructure and investor interest could help it grow even more. There are rumors that a Solana ETF might be approved soon and could attract even more attention from big investors.
Aptos (APT) has increased by 69.81% in the last month. Right now, its price is range bound with levels at $8.57 and $11.13. It is close to reaching $12.05, which is a key resistance to break, and there are clear skies till $19, a target expected to be met in early 2025.
Some technical aspects of Aptos show that it is oversold, which can lead to a reversal and start another upward trend. The RSI is 36.88, and the stochastic is 10.00, both pointing to oversold conditions.
The MACD is almost neutral at -0.08. The price has gone up by 6.71% in the past week, showing momentum. If the price falls, the big support level at $6.93 could help prevent big drops.
DTX Exchange (DTX) is doing very well because it benefits users in several ways. It is a trading platform that combines features of both CEX (Centralized Exchange) and DEX (Decentralized Exchange). DTX is in high demand because it is growing and needed in the market.
DTX Exchange is special because it uses advanced Layer1 blockchain technology. It is built on the Ethereum blockchain and allows fast trading with up to 1,000x multipliers. It also offers distributed liquidity pools and non-custodial wallets and doesn’t require KYC (Know Your Customer) verification.
DTX has already reached $5.2 million. Right now, the DTX token is worth $0.08, which is 400% higher than its starting price. The team hopes to reach $6 million in funding by the end of October. Big investors, known as “whales,” from different crypto communities have already joined the DTX presale.
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. Times Tabloid is not responsible for any financial losses.
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