Jupiter Explodes After Capital Circulation, DTX Exchange (DTX) Ready to Challenge Dogecoin After VulcanX

Jupiter (JUP) has increased 25% in the last seven days, regaining its market cap of $1 billion after the recent dip. This price increase came after the breakout from the long-term trendline resistance. Meanwhile, the DTX Exchange (DTX) has continued the rally, going over $5.6 million in the first week of the fourth stage. People who got in the first round are sitting on 300+% ROI and additionally increased their positions in the fourth phase.

Jupiter (JUP) Rises On Solana Network, Addresses Slippage Issues

Jupiter (JUP), with assets of $1.42 billion, has become the fourth largest candidate in the Solana ecosystem, next to Jito, Raydium, and Kamino. It is also the strongest player in the perpetual DEX of Solana. Jupiter’s volume in the derivatives market picked up 82% and reached over $3.1 billion, as recorded by DeFi Llama.

The Jupiter (JUP) blockchain project recognizes that users have encountered obstacles due to the extra Solana activities and advises users to adapt slippage and fees, ensuring smoother transactions. Jupiter (JUP) has pointed out a service disruption of its routing gateway to U.S. customers, which has caused unreliability and slow performance in the last few hours.

Recently, Jupiter (JUP) experienced a surge after the launch of active staking rewards. The developers announced that 50 million JUP tokens will be shared among active voters, who will receive 7.5 million CLOUD tokens.

Dogecoin (DOGE) Foundation Announces Dogebox

The Dogecoin (DOGE) Foundation, a non-profit supporting the Dogecoin cryptocurrency, announced the release of Dogebox 0.3.0. Dogebox is a decentralized and self-hosted platform serving the Dogecoin (DOGE) ecosystem. It’s a custom Linux server distribution designed specifically for the Dogecoin (DOGE) community’s needs.

In another event, Dogecoin (DOGE) co-founder Billy Markus, also known as Shibetoshi Nakamoto on X, responded to the recent price correction by sending a message directed at Bitcoin. “Dear Bitcoin, I recommend that instead of going down, you go up. Love, Billy,” the message reads.

DTX Exchange Tops The Best Project List Of 2024

DTX Exchange’s innovative approach to Web3 has made it unique compared to its peers. Its unique infrastructure also allows it to efficiently address exchange industry problems. DTX Exchange merges the best features of centralized and decentralized exchanges, making it a hybrid exchange protocol. It offers traders access to a wide range of markets and assets from DeFi and TradFi, positioning itself as a strong player in the fast-growing trading industry.

With over 120,000 asset classes available, including FX, bonds, indices, cryptocurrencies, and commodities, users can trade anonymously without needing KYC or identification. This appeals to those who prefer privacy while trading multiple financial instruments on one platform.

The token holders get certain privileges, like lower trading fees, decision-making through voting, and access to advanced analysis. The DTX $1M promotion event also offers the lucky winners a chance to win $100K for every $100 of the DTX they buy in the presale.

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Source: https://blockonomi.com/jupiter-explodes-after-capital-circulation-dtx-exchange-dtx-ready-to-challenge-dogecoin-after-vulcanx/