In the last 30 days, Bitcoin’s market has increased 15% to $1.39 trillion. The rally after a long period of consolidation clearly shows the market’s strength. Institutional investors and whales are scaling up their investments by adding Solana (SOL), DTX Exchange (DTX), and Dogecoin (DOGE) to their portfolios.
Solana broke out of the inverse head-and-shoulder pattern on 20th October, rising above $180. However, it has recently faced a correction but is still trading above the 20-day moving average. Dogecoin has also increased over 50% in the last month, emerging as a leader in the bull market.
Large money fund houses make the biggest investments in emerging projects like DTX Exchange (DTX). DTX Exchange is the first hybrid exchange with innovative features and robust infrastructure. DTX’s biggest advantage is that it is a small-cap coin, which gives it more room for growth than Solana (SOL) and Dogecoin (DOGE).
New Developments In Solana (SOL) Ecosystem
Xandeum has recently launched an innovative storage-based liquid staking program XandSol LST. This launch is a crucial step for Xandeum, which is a storage scalability solution for the Solana (SOL) network. Xandeum tries to improve the way that decentralized storage can assist applications and scalability on the Solana (SOL) blockchain.
Moreover, the other day, Solana (SOL) caused a massive hit by surpassing Ethereum in the number of daily fees generated for the very first time. This rising-up of Solana shows that it is attaining more popularity among the crypto users who are in search of rapidly changing transactions that have lower costs as well as efficiency which is important these days. This milestone was provided by DefiLlama in which Solana (SOL) surpassed Ethereum by the amount of fees, with $2.54 million against Ethereum’s $2.07 million.
DTX Presale Entrees End Phase Sees Record Inflow
The DTX Exchange (DTX) presale is about to complete the fourth stage and will probably enter the last stage next month. DTX Exchange has raised over $6.3 million to date in record time. DTX Exchange is developing the first exchange to blend CEX and DEX, simplifying the complex trading industry.
A beginner can also trade easily on the DTX platform because of its easy interface and advanced tools, which provide expert opinions in trading. The platform reduces the need for users to monitor trends and react to market changes. With over 120,000 assets to choose from, users can easily build a diversified portfolio.
DTX Exchange offers a range of powerful features like quant and algo trading, advanced automation, real-time market analysis, KYC-free onboarding, non-custodial wallets, and risk management tools, all with zero gas fees. With these, DTX Exchange becomes a complete platform that lets users focus fully on maximizing profits. As the altcoin sector gains bullish momentum, DTX Exchange stands out as a top choice for investors, providing innovative hybrid trading solutions.
Dogecoin (DOGE) Leads The Top Gainers List
Dogecoin’s recent price movements are sparking memories of 2021 when Dogecoin (DOGE) surged an incredible 15,000%. Now, with a similar pattern forming, it is leading the top gainers list in October, and many are wondering if history could repeat itself, pushing DOGE to new heights.
Dogecoin (DOGE) has a supply zone of $0.175 and recently pulled back from it. If it breaks out of this resistance level, we could witness DOGE’s price touching $0.2. The Dogecoin (DOGE) has been in a triangular accumulation phase, starting in 2021 after an ally. When this cycle is complete, it could open the door to another rapid price rise, leading DOGE to all-time highs again.
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Read Also: Bitcoin Hits New All-Time High of $73,544 as Institutional Demand Drives Crypto Market Surge
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