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The market is dominated by 69% bullish sentiment, thereby causing impressive surges in the prices of altcoins. Strong competition is seen among the DeFi cryptos and meme coins. In the scuffle to gain dominance, major projects are seen head to toe.
Polygon (MATIC) and DTX Exchange (DTX) lead the DeFi space with exponential gains. Polygon (MATIC) shows a massive uptick in the market cap and trading volume, grabbing more investors. DTX Exchange’s (DTX) market position further strengthens as the market sentiment pushes the presale to new highs.
Dogecoin (DOGE) leads the meme coins with an evident increase on the price charts. While all the meme coins are highly influenced by the broader market sentiment, Dogecopin (DOGE) leads the rally with unparalleled gains.
Polygon (MATIC) Shows Dramatic Increase In Trading Volume
Polygon (MATIC) has been on an ascending path ever since the news of rebranding created a buzz in the MATIC community. Polygon (MATIC) has been growing massively as the token change from MATIC to POL draws attention, gaining support from the community and various exchanges.
The native token of Polygon (MATIC) is trading at $0.522 at press time, showing an intra-day increase of 8.6%. The massive surge in price is indicative of a broader positive trend in the market for Polygon (MATIC). The Polygon (MATIC) community is excited about the rebranding, pushing the token to new highs.
The sharp increase in the Polygon (MATIC) price is backed by a simultaneous surge in the market cap, which has increased by over 8%. The trading volume of Polygon (MATIC) has exploded by a 93% intra-day increase, showing the community’s support for the network. The MATIC token is ruling the DeFi space in this bull run with massive community support.
DTX Exchange (DTX) Leads DeFi Space With $1.5 Million Raise
DTX Exchange (DTX) has become a game-changer in the DeFi sector with its trading techniques and innovative features. The platform is set to revolutionize the existing trading schemas and optimize finances with its hybrid trading methodology. The powerful platform of DTX includes a 1000x leverage feature with AI-supported analytics and automation to seamlessly make profits with machine expertise.
The platform provides access to 120,000+ financial assets from a variety of marketplaces, including forex, equities, cryptocurrency, and commodities. Additionally, DTX offers unrivalled versatility through quant and algo trading methods, copy trading, a revenue-sharing model, and gas-free trading, all at a fast execution time of just 0.04 seconds.
DTX Exchange has raised the bar after collecting an impressive $1.52 million in round 2 of the public presale. DTX Exchange offers a safe and secure trading ecosystem through blockchain layer-1 technology and no-KYC onboarding. Priced at $0.04, the DTX token is expected to rocket past $1 post-launch, promising 100x gains for early buyers.
Dogecoin (DOGE) Defies Bears With 9% Intraday Increase
Dogecoin (DOGE) continues to rule the meme coin space with a constant increase in momentum. The meme coin has become undefeatable with a constant green candle ruling the daily charts. Starting the day at $0.1039, Dogecoin (DOGE) has surged by 3%, reaching the $0.1058 mark.
The market cap of Dogecoin (DOGE) is up 3% within a day. The Moving Average Convergence Divergence (MACD) indicator flaunts a buy signal, encouraging traders to buy DOGE. A breach of the 50-day EMA resistance at $0.1137 will increase the probability of a falling wedge pattern breakout.
Analysts are optimistic about the future price movements of Dogecoin (DOGE), anticipating a further increase of over 70%. The 24-hour trading volume has also increased by over 9%, setting the stage for further upticks, giving Dogecoin (DOGE) dominance over other meme coins.
Key Takeaways
- Polygon’s (MATIC) intra-day trading volume shoots by 93%.
- DTX Exchange (DTX) leads the DeFi space with its innovative hybrid trading model.
- Dogecoin (DOGE) continues to soar, becoming an invincible meme coin.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
Source: https://finbold.com/defi-cryptos-vs-memecoins-polygon-and-dtx-exchange-lead-the-charge-while-dogecoin-battles-bears/