Solana (SOL) Trader Calls DTX “Digital Gold” As Exchange Raises $1.2 Million in 48 Hours From Dogecoin (DOGE) Enthusiasts

DTX Exchange (DTX), the first hybrid trading exchange, has been on the watchlist of experienced traders. DTX aims to revolutionize the old way of trading with its innovative exchange, which has multiple features.

A veteran Solana (SOL) trader recently took a DTX Exchange (DTX) position because he thinks the crypto revolution is like finding the best bet. Not only from Solana but also traders from the memecoin community like Dogecoin (DOGE) have appreciated the offerings of DTX Exchange.

Dogecoin (DOGE) Breaks Out Of Bullish Reversal Pattern

Dogecoin (DOGE)  recently broke out from a bullish double-bottom pattern, increasing around 12% from the breakout zone. Now, it’s facing resistance at $0.128, from where it was rejected last month. This breakout can confirm that Dogecoin (DOGE) has picked up the uptrend and can continue its upward journey.

Dogecoin (DOGE) is currently around $0.1262 and enjoyed a surge of 10.22% in the last 24 hours. However, volume increased by 94% within the same period, indicative of the overall market. The move is a reaction to the developments surrounding the U.S. presidential election.

This high activity indicates bullish momentum in the crypto market. Largecaps like Dogecoin (DOGE) have limited upside potential, but DTX Exchange, being a smallcap, has a higher potential than other coins.

Edward Snowden Criticizes Solana

The security advocate Edward Snowden recently mentioned crypto by referring to Solana as a centralized blockchain, which triggered some uproar in this area. Such was the case at the Token2049 conference, where he gave his video. He put forward the thought that such a situation as this may allow nation-states to take advantage of it and such gangs.

According to Snowden, Solana has prioritized efficiency over decentralization. He remarked, “Solana takes good ideas and says, ‘What if we centralized everything? It would be faster, more efficient, cheaper.’” Snowden also criticized how Solana is used, claiming it broadly supports “meme coins and scams.”

Inflow Increases In DTX Exchange As Market Sees Traction

DTX Exchange is nearing a significant presale milestone of $5 million, having already raised $4.9 million. This reflects the strong momentum behind DTX Exchange, especially in a crypto market known for its fluctuations. Despite the market’s ups and downs, DTX Exchange shows steady growth and resilience, fueled by the successful launch of its testnet, which has drawn considerable attention from traders.

At the moment, at phase four of its batch, DTX tokens worth 0.08 dollars are sold. DTX Exchange’s primary sale is almost over, and the vibe on the DTX Exchange is at an all-time high. Consider looking at DTX Exchange since the company provides good investment chances during 2024.

With the arrival of some of the most awaited features and constantly increasing demand for cryptocurrency, DTX Exchange delivers an attractive alternative to coin holders. Its ever-growing importance in cryptocurrencies is becoming increasingly evident by the day.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.