DTX Exchange (DTX) Stands Strong In Weak Market Conditions, SUI Blockchain (SUI) and Fantom (FTM) Rebranding

The drop in the crypto market has made investors run towards lower-risk and high-profit potential coins like DTX Exchange. There have been bloodbaths in the crypto market, but DTX Exchange is the strongest name standing in with a 200% rally in this weak market.

Investors are fleeing to lower-risk, high-profit potential coins like DTX Exchange amid the crypto market downturn.

Despite the market bloodbath, DTX Exchange emerges as the strongest performer with a 200% rally. Among high reactive strength names, DTX ranks within the top 3.

While most coins, including SUI Blockchain (SUI) and Fantom (FTM), experience weak price action, investors anticipate recovering losses as the market enters an oversold region. Some SUI Blockchain (SUI) and Fantom (FTM) investors have booked minor losses and shifted funds into DTX Exchange, which could rally to $0.2 from its current price of $0.04.

SUI Blockchain (SUI) leads the way in Move developer communities

Recent data from Electric Capital shows that SUI Blockchain (SUI) is leading the charge in Move developer communities, as reported by The Sui Blog. This rapid growth highlights SUI Blockchain’s (SUI) increasing influence in the blockchain industry.

From early 2024 to July 1st, SUI Blockchain (SUI) experienced a 219% surge in monthly active developers, engaging nearly 1,400 developers throughout June. This uptick reflects growing interest and activity in Move development and the SUI Blockchain (SUI) platform.

Moreover, SUI Blockchain (SUI) developer activity is at an all-time high, showcasing a major rise in code contributions. Total commits surged by 125%, reaching over 18,000 in the first half of 2024 and approaching 5 million commits overall. The number of repositories also grew by 84%, indicating expanding engagement within the SUI Blockchain (SUI) developer community.

Sonic Labs replaces Fantom (FTM) in a major rebranding

Sonic Labs has taken over from Fantom (FTM) in a major rebranding for the decentralized application (DApp) protocol. They announced the rebranding on their newly named X page, “Sonic Labs,” shifting away from the previous Fantom(FTM) name.

The company explained that this change addresses issues with the Fantom (FTM) Opera network, such as congestion and user experience problems. Sonic Labs plans to fix these by processing more transactions per second and supporting a shared sequencer for layer-1 and layer-2 chains, aiming to handle over 180 million transactions daily.

DTX Exchange remains strong in a weak market

In a weak market where coins like SUI Blockchain (SUI) and Fantom (FTM) have dropped over 40% from recent highs, DTX Exchange has emerged as a strong performer, raising over $1 million in one month.

DTX Exchange (DTX) has become a standout in the trading world, surpassing traditional CEX and DEX platforms with its potential for massive gains. The platform offers 1000x leverage across various markets, including stocks, equities, and cryptocurrencies.

DTX’s trading platform is lightning-fast and offers innovative use cases in an accessible trading environment. With support for over 120,000 trading assets, it aims to empower traders with distributive liquidity pools and strong security measures. DTX token holders gain governance rights and can participate in major giveaways.

Thanks to non-custodial wallets that give complete access to private keys, DTX Exchange is in high demand. Investors are quickly buying tokens at $0.04, expecting a price increase to $0.06 in the next round. Market experts predict the token could reach $0.2 by the end of August, presenting an opportunity for early investors to join the KYC-free DTX Exchange.

The above is the detailed content of DTX Exchange (DTX) Stands Strong In Weak Market Conditions, SUI Blockchain (SUI) and Fantom (FTM) Rebranding. For more information, please follow other related articles on the PHP Chinese website!