Blockbuster DeFi Platform DTX Exchange’s Planning ETF Trading Launch; SHIB and FTM Traders Join $8.6M Mania
The ongoing consolidation movement in the crypto market started with the decline of Bitcoin and triggered a massive domino effect across the crypto market. The downturn in the cryptocurrency market combined with rising U.S. inflation data has many investors remaining cautious.
Amid all the craziness, meme Coin darling Shiba Inu (SHIB) experienced a week-long decline, losing many investors to DTX Exchange. Surprising performer Fantom (FTM) has also lost some of the modest gains it gained in November in the past few hours. Many cautious investors are now turning to safer investment options such as DTX Exchange, which offers more stable and reliable returns.
Memecoin star Shiba Inu (SHIB) integration stalls, pushing investors to DTX exchange
Meme coin enthusiasts were shocked when Shiba Inu’s recent breakout suddenly hit a roadblock after SHIB’s eagerly anticipated consolidation phase. Despite this, Shiba Inu’s price action has not accelerated significantly, suggesting that SHIB’s rally has stalled along with other cryptocurrencies.
Shiba Inu has lost over 6% of its value in the past seven days, prompting investors to opt for more stable and reliable investment options like DTX Exchange.
Fantom (FTM) investors turn to DTX Echange for higher returns
Fantom (FTM) price has retreated 8% after rising 58% since its November lows and reaching the coveted $1 threshold. The overall trend remains bullish, but instead of waiting for Fantom (FTM) to enter a consolidation phase, many investors are turning to more favorable DTX quotes.
DTX exchange launches ETF trading news to boost investor confidence
DTX Exchange is a popular DeFi platform that is making strong waves in the cryptocurrency market. The platform’s fourth round of pre-sales sold out weeks early and hit the $8.7 million milestone.
DTX exchange has attracted investor interest due to its unique structure. The exchange will build a bridge between traditional investors and crypto assets and bring them together on its trading platform. It will provide users with over 100,000 trading instruments, including a full range of stock, forex and cryptocurrency pairs.
Additionally, the DTX exchange offers great tools, such as the option to tokenize traditional assets so that you can use them in crypto trading. They also successfully launched Phoenix Wallet, a decentralized application that keeps your assets safe.
Nearly 74% of the fifth phase of pre-sale has been sold. Early participants in the pre-launch are already claiming returns of over 200%. The DTX token is currently priced at $0.10, and experts believe its value could double once the token is listed. If DTX follows the same successful path as other altcoins, its listing on CEX will bring even more significant gains.
in conclusion
In the past 24 hours, the market liquidated $470 million in cryptocurrency positions. Many coins have lost their position and investors are now in the mood to opt for more stable, reliable altcoins with guaranteed returns.
Popular coins such as Shiba Inu (SHIB) and Fantom (FTM) have lost investors on DTX Exchange. They are attracted by the fast and sure gains that altcoins offer, with little of the current dramatic performance that other altcoins offer.
To learn more about the DTX Exchange ecosystem, check out:
