The Feds have granted the crypto market a boom for the next few weeks, as most top altcoins finished the past week on strong notes. Dogecoin (DOGE) and Avalanche (AVAX) accumulated weekly gains, even if they’re already shedding some of them.
In the aftermath of such events, DOGE and AVAX will be getting competition from one of Ethereum’s DeFi projects. The new DeFi coin is shaking the market, and traders are falling in line for its presale and prospects!
Dogecoin Still Stuck Between Bullish and Bearish
2024 has had many altcoins wax hot and cold throughout the year, especially those closely tied to Bitcoin’s price movements. Dogecoin fits squarely in that category, losing about 62% of its value since reaching its year-long high in March.
Many analysts have tipped the DOGE token for a breakout as soon as it gets over its $0.11 resistance. The Relative Strength Index has crossed the descending trend line, indicating a bullish movement on the horizon.
But given Dogecoin’s unstable movements since March, a consistent uptrend might be a stretch, even with the overall optimism. The latest decline was caused by sellers taking profits, and they are not all gone from the Dogecoin network. DOGE is selling at $0.1073, up 5.55% over the past week.
Avalanche Has Been Performing Great, But There is a Catch!
The AVAX predictions, according to AmbCrypto reports, show that investors and analysts expect a 100% spike from Avalanche’s token after its next bullish surge. The token has retested its support level, and many users are satisfied that Avalanche will make a comeback soon.
Bullish sentiments are high, and social volume is up there, as more users think Avalanche is a good-to-have for the crypto bull run. However, AVAX might not be touching the 100% target as soon as users expect it for some reason.
The Fear and Greed index on Avalanche reflects 71%, an agreed rating that implies correction will follow the next breakout. Also, the AVAX token has lost about 4.46% in the last two days, trading at $27.22, which could indicate a brief spell of bearish dominance.
While DOGE and AVAX might not be reliable bullish markers for Q4, DTX Exchange promises short-term and long-term gains. The DeFi coin is attractive, and the features are convincing.
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DTX Exchange: DeFi, With Extra-Added Value!
Most of the DeFi projects followed the conventional manner, typically the standards set by Ethereum. DTX Exchange is taking that standard up a notch, like other game changers after Ethereum, and the users couldn’t be more excited for a DeFi coin launch.
One hundred twenty thousand tradable assets, all from diverse markets, are almost too good to be true. All traders are welcome on DTX, stock, Forex, or crypto traders. The platform will be a hub of TradFi activity and users’ goals of creating diverse portfolios can be achieved with relative ease.
The icing is that some trading assets come with 1000x leverage. Even with little trading capital, users can aim for high market positions to profit steadily.
Worried about network speed and security? DTX Exchange has all that is covered by its SolidProof-verified smart contracts, which are separate from Ethereum’s. The DTX blockchain clocks a processing speed of about 25 transactions per minute, some way ahead of Ethereum.
DeFi Coin to the Moon: Get in Early on the DTX Presale!
The early days are the best times to start on a new project, and this DeFi coin, DTX, is offering its tokens at their lowest-ever price through its public presale. They are in Stage 3 on the public presale, selling at $0.06 with a launch price target of $0.12.
That’s 100% in profit margins before the real trading even starts. And with trading perks such as the 1000x leverage, it can only get better from here on DTX Exchange!
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