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ThecoinrepublicPress ReleaseDOT Keeps Falling, DTX Exchange Hits 5,000...
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DOT Keeps Falling, DTX Exchange Hits 5,000 Holders as PEPE Traders Join

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The DTX Exchange (DTX) is making headlines with its new exchange UI, a blockchain announcement, and over 5,000 holders. Amid the back-to-back developments by this DeFi project, PEPE and DOT investors are moving toward DTX for high gains. In contrast, DTX Exchange is witnessing a surge in its user base in record-breaking time.

Polkadot 2.0 Might Turn Things Around Amid Market Declines

Polkadot has seen its value drop significantly in recent months. Often compared to Cosmos, Polkadot runs a Layer 0 protocol, allowing easy communication between different blockchains. Despite its technological upgrades and a clear roadmap, DOT has struggled to maintain its value, with its price nearly halving over the past three months.

Polkadot is making many updates and developments to overcome its current market value proposition. Polkadot 2.0 is among the project’s many efforts toward greater decentralization and enhanced performance. With Asynchronous Backing, Polkadot parachains can utilize older DOT Relay Chain blocks to support higher transaction volumes and throughput.

Pepe (PEPE) Faces Market Turbulence Amid Large-Scale Sell-Offs

In a turn of events, Pepe has raised investor concerns following a sharp price correction on July 5. On-chain data reveals that over 1 trillion PEPE tokens were dumped, which caused a nearly 12% dip in value. This massive sell-off involved two whales collectively transferring $1.02 trillion PEPE to exchanges, intensifying selling pressure and undermining market confidence.

Specifically, one whale address, 0xf22, deposited 435 billion ($3.86M) PEPE to Binance, incurring a potential loss of $1.21 million if sold at the current price. Simultaneously, market maker Wintermute offloaded 593.6 billion PEPE for $4.61 million, increasing the bearish sentiment.

Pepe Traders Join The DTX Exchange (DTX) For Maximum Gains

This Layer-1 blockchain-based platform is making headlines as DOT and PEPE confront shaky performance trends. DTX Exchange is a DeFi platform offering crypto trading and cutting-edge trading options like 1000X leverage, distributed liquidity pools, non-custodial wallets, and no KYC requirements.

DTX Exchange is redefining crypto trading through social trading and copy trading features. The network allows users to follow and replicate the trades of experienced and successful traders on the platform. It provides learning opportunities for novice traders and offers automated trading options, enabling users to mirror trades without in-depth market knowledge.

Leading Analyst Calls DTX Exchange “The Next-Gen Hybrid Platform”

DTX Exchange stands out from its competitors by integrating on-chain analytics and real-time trading signals. Traders have access to comprehensive market data, technical analysis, and trading signals, which empowers them to make informed decisions.

DTX’s robust infrastructure has attracted massive investment, with over $2,000,000 raised in a private seed round, more than $100K in a public presale, and over $826,000 raised in a presale to date. Currently selling at $0.04 per token, DTX is set to increase to $0.06 in the next round, which shows the growing confidence and interest in the platform.

DTX’s innovative features and strong financial backing suggest it is well-positioned to capture a huge share of the crypto trading market. DTX Exchange will see increased adoption and growth as more traders and investors recognize the benefits of social and copy trading. DTX is poised to become a hot-selling altcoin as more investors move in for lucrative opportunities and gains.

Learn more: 

Visit DTX Presale

Read Whitepaper

Join The DTX Community

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Adarsh Singh
Adarsh Singh
Adarsh ​​Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
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