After the Bitcoin price recovered to $66,000 support, altcoins bounced back after sharp declines yesterday. zkSync (ZK) and Polygon (MATIC)
As altcoins begin to recover from yesterday's sharp declines, Bitcoin price also showed signs of recovery, rising above the crucial support at $66,000. Among the top gainers are zkSync (ZK) and Polygon (MATIC), which displayed bullish momentum as the market optimism is driven by network advancements and rising user demand for their offered diverse use cases.
On the other hand, DTX Exchange (DTX) stole the spotlight from zkSync (ZK) and Polygon (MATIC) with bullish presale momentum, raising $100,000 within a few days in batch 2. The project's presale has pushed past $1.1 million, easily making it the best and most promising presale of 2024, which is poised to yield maximum profits for early stakeholders in its hybrid cutting-edge AI powered platform.
DTX Exchange Becomes Next Hotshot With $1M Presale
Among the revolutionary exchanges set to transform the trading dynamics in 2024, DTX Exchange (DTX) has grabbed significant global attention. The hybrid platform features 1000x leverage and cutting-edge features including multi tier accounts and distributive liquidity pools with no slippage. Traders can optimize their assets and gain higher market positions with minimum capital with AI powered tools and advanced automation.
DTX Exchange's powerhouse that gives it a competitive edge is the platform's security protocols through blockchain layer 1 technology, letting users engage in secure trading and reliable and speedy transactions in 0.04 seconds. DTX Exchange offers non-custodial wallets to mitigate the risks of any potential security breach.
With over $1.1 million raised in batch 2 of the public presale, the DTX Exchange is poised to lead the DeFi giants with surging demand for its industry-relevant and innovative features. Priced at $0.04, DTX tokens are poised to skyrocket beyond $1 once the presale ends, promising 100x returns for early stakeholders.
Polygon (MATIC) Price Recovers Amid Key Collaborations
Polygon (MATIC) has displayed a modest surge of 1.7% after yesterday's price drop, following a series of strategic initiatives and collaborations. On July 25, Polygon (MATIC) announced a partnership with OpenSea to bring non-fungible tokens (NFTs) to the Polygon network. Moreover, Visa's decision to utilize Polygon's technology for decentralized payments in Africa highlights the expanding use case of Polygon (MATIC) by major financial institutions worldwide.
The bulls successfully defended the Polygon (MATIC) price above the $0.5 support level, reviving investor optimism for the crypto coin. Despite a declining trading volume, analysts are optimistic about the Polygon (MATIC) trajectory with predictions about the price breaking past $0.55 in the upcoming days.
zkSync (ZK) Defends $0.16 Support But Concerns Prevail
ZkSync (ZK) faced a massive decline in network activity and daily transactions, triggering a notable price fall in the past two days. According to Block's dashboard, daily active addresses on the zkSync (ZK) network declined by 66% and the daily transactions fell to a year-to-date low of 293,000.
Despite the 3.67 billion ZK token unlock, ZkSync (ZK) also faced a decline in its total value locked (TVL). However, the bulls are trying to push the price back into the race with minor gains on the daily chart. The recent upgrade 3.0 upgrade including Elastic Chain and the project's expansion in Latin America with the Lemon crypto app has posed a positive outlook for zkSync (ZK) in the crypto market.
ZK token's price has surged by 0.5%, sustaining above the $0.16 support level. The alarming situation for investors is not over yet as the Relative Strength Index (RSI) displays a slowdown in buying pressure, with a value of 40.9. The market position of zkSync (ZK) will improve in the upcoming days but investors are hesitant to bet big amid the current performance of the crypto coin.
Conclusion
Savvy investors are looking beyond the minor gains of Polygon (MATIC) and zkSync (ZK) toward the real jackpot – DTX Exchange. As the crypto market continues to turn bullish, buying up the DTX presale at this time can be the best decision to enjoy 100x profits within the next few months.
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