DTX’s hybrid trading platform has bagged rapid growth and popularity amid the broader market instability with its cutting-edge blockchain technology, lightning-fast execution speeds, up to 1,000x leverage, and no KYC requirements.
While this emerging exchange has made headlines, the status quo is struggling due to the shifting market dynamics.
Near Protocol (NEAR) Stays Strong During Critical Declines
The unstable market sentiment didn’t spare Near Protocol (NEAR), dragging its trading value by a mind-boggling 50% since its March highs. However, the recent decline hasn’t affected the Near Protocol (NEAR) market value, as it is still four times up over the last year, which suggests a strong overall performance.
The Near Protocol (NEAR) community is hopeful based on its strong financial backing, creating a bullish sentiment around the altcoin. Its developer-friendly platform is still in demand for its advanced scalability solutions. The Near Protocol (NEAR) is poised to display a strong comeback as the bull market draws near.
Even though Near Protocol (NEAR) isn’t offering per its original trading value, investors are still optimistic about its future outlook. As of August 30, Near Protocol (NEAR) is trading at $4.19 and has dipped 6.37% in the last 24 hours, with its market cap at $4.69 billion and the 24-hour trading volume at $210.92 million.
Polygon (MATIC) Faces Turbulence: Drops 5.07% In 24 Hours
With expectations of pulling back from its current bearish state, Polygon (MATIC) has dipped even further in the last 24 hours. Recently, it has taken a 24% hit, declining from $0.58 to $0.43 in a matter of 4 days. Even though investors have shown optimism around Polygon (MATIC), the project is losing traction as traders flock to other digital assets.
The ongoing technical indicators project a potential performance barrier up ahead. Initially, the project broke through a 50-day descending channel, which looked quite promising for Polygon (MATIC). However, it failed to hold the gains and quickly ran into resistance at $0.60, thus retracting to its previous resistance trend line.
As of August 30, investors aren’t moving forward toward Polygon (MATIC) as they sense fear of losing more after the project’s RSI dropped from overbought levels and fell below the 50% mark. Furthermore, Polygon (MATIC)’s MACD indicator line has dropped below the signal line, showing a stark reversal.
Near Protocol (NEAR) Investors Join DTX Exchange For 25x Gains
DTX Exchange (DTX) has moved the ongoing market sentiment with its powerful presale rush, raising over $2 million before time. This strong rally has outshined strong market rivals like Near Protocol (NEAR) and Polygon (MATIC), drawing its investors to the hybrid trading exchange with premium trading features and more!
DTX Exchange offers an open ground for users to trade cryptos, forex, equities, and contract-for-differences. The platform’s advanced infrastructure and insane trading options bring highly lucrative opportunities to the table. Users also benefit from its diverse range of benefits, including distributed liquidity pools, non-custodial wallets, and high-velocity trading experience.
This hybrid platform provides access to over a 120,000 assets across crypto, stocks and bonds, and commodities with lightning-fast execution speeds and a supercharged trading potential. The platform’s insane 1,000x leverage enables investors to amplify their gains while minimizing risks at the same time.
DTX Exchange Steals The Spotlight While Polygon (MATIC) Declines
Given the ongoing continuous declines faced by Polygon (MATIC), the DTX Exchange is poised for a massive breakout, outshining the status quo with its impressive exchange UI and quant and algo trading. This DeFi project provides in-depth charts, graphs, and real-time analytical tools to help traders make the best possible decisions and stay ahead of the curve.
DTX Exchange has already sold over 12 million tokens in its initial presale stage and is eyeing higher gains in the recently launched presale round three with each DTX token selling at $0.06. Join this fast-selling presale now and be a part of what could be the next big thing in the volatile crypto market!
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
