The altcoin season ushered a lot of bullishness around the top 100 cryptos, and most traders have been in profits for weeks already. However, volatility has to catch up with most tokens eventually, and some coins might be past their best by now.
Dogecoin (DOGE) has re-traced from its latest spike, and TRON (TRX) might cool off once it's past its ATH. The trading focus is shifting to the new tokens, and DTX Exchange (DTX) is on everyone's radar now. Here is why!
Dogecoin Dips Following a $0.44 Price Surge
The Department of Government Efficiency (DOGE) started out as a joke from billionaire CEO Elon Musk while he was campaigning for Donald Trump earlier in the year. That joke is now a reality, as the President-elect has formed a Federal department under the same name, placing Musk as co-lead with Vivek Ramaswamy.
That might mean a new future for Dogecoin, as the token has spent the past week in a surge following the announcement. Dogecoin’s DOGE reached its three-year peak at $0.43 in that time, keeping with its fairly consistent bullishness in the past three weeks.
The spike came with a downside. The DOGE price has been in a correction since touching $0.44, as the DOGE token currently trades at $0.38. There's no certainty of a comeback, or how soon that will be, and Dogecoin traders are already considering more profitable options.
TRON’s TRX is on Its Way to ATH; Will It Hold?
The TRX token has been one of the more lackluster coins in the crypto-verse in the past three years. Together with Cardano and Ripple, there had been limited excitement on the TRON network until this year.
TRON’s charts reveal three highs in the past year; in Q1, Q3, and the latest spike that has seen it close in on its ATH. The TRX token's highest valuation is about $0.2075; the token is trading at $0.1995, less than a cent, and with enough momentum to push the limits.
TRON is trending because of CEO Justin Sun’s antiques, as the founder bought a banana-inspired art piece, “Comedian.” While the token has had a great run to date, there might be a block after reaching its ATH.
Access Multiple Trading Markets With DTX Exchange
From widespread usage, crypto trading features seem to be all that decentralized exchanges offer. The other digital financial markets are walled off from crypto traders, requiring that they constantly shift between apps to trade stock or Forex.
DTX Exchange solves that challenge, offering all three markets on a platform that guarantees security and stability. The Forex, stock, and crypto markets and their trading instruments are all available on the DTX Exchange ecosystem, existing on one hybrid blockchain, VulcanX.
With over 100,000 tradable assets featuring elements of each of the markets, DTX users have access to foreign currencies, equity products like bonds, shares, and, of course, crypto tokens.
The DTX Exchange project takes the trading possibilities even further with its real-world assets trading options, where users will be able to trade commodities backed by crypto tokens.
All your trading activity can be tracked on the DTX Unified wallet, where users can get instant reports on the state of their portfolios at a glance. Again, you don't have to keep multiple apps for your trading–you only need one app that keeps all your assets together.
The DTX Presale Offers 100% ROI as TRX and Dogecoin Face Uncertainty
As uncertainty begins to cloud TRX and Dogecoin, the DTX Exchange project is presenting an exciting profit option for investors. DTX Exchange sports features that analysts believe could set the project on track for bullish runs in the coming months.
DTX token is available in its public presale at the moment, with the Stage 5 price pegged at $0.10. With the launch price already set at $0.20, investors have a chance at 100% ROI when the project hits major exchanges.
Learn more:
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
