SOL dips, TON faces latest hurdle as DTX Exchange sees investor interest

As
Bitcoin
dips
below
$60,000
and
altcoins
like
Solana
and
Toncoin
struggle,
DTX
Exchange
gains
momentum,
surpassing
$2
million
in
presale
funding.

The
crypto
market
took
a
slight
downturn,
as
has
the
buying
spree.
Bitcoin’s
decline
below
$60,000
dragged
down
altcoins’
prices,
including
Solana.
Adding
to
Toncoin’s
uncertainty
is
the
arrest
of
Telegram
CEO
Pavel
Durov.

Meanwhile,
interest
in

DTX
Exchange,
an
emerging
cryptocurrency,
exploded
as
the
presale
crossed
$2
million
in
early
funding.
The
project’s
imminent
transformation
of
the
global
trading
scene
and
growth
prospects
seem
to
be
driving
huge
demand.

DTX
Exchange:
2024’s
biggest
breakout
star?

DTX
Exchange
became
one
of
the
biggest
ICO
stars
following
its
remarkable
milestone:
hitting
the
$2
million
fundraising
goal.
The
huge
interest
in
this
new
ICO
can
be
linked
to
the
key
challenges
it
aims
to
address
in
the
wider
trading
landscape.

The
investment
platform
was
designed
to
address
challenges
faced
by
traders
and
conventional
trading
platforms.
This
includes
limited
access,
financial
exclusion
and
a
lack
of
diverse
asset
classes,
among
others.
It
also
seeks
to
bridge
the
gap
between
crypto
and
traditional
financial
systems.

It
stands
out
by
giving
access
to
a
wide
range
of
financial
instruments
that
cut
across
DeFi
and
TradFi,
including
cryptos,
equities,
forex,
stocks,
bonds
and
more.
This
will
see
it
break
into
and
reshape
the

$10
billion
global
trading
market,
making
it
a
new
DeFi
project
to
keep
on
the
radar.

The
presale
recently
entered
the
third
round
and
a
token
costs
$0.06.
This
low
entry
point
and
its
growth
prospects—a
potential
65x
uptick
post-launch—contribute
to
the
massive
demand
and
interest.
With
a
huge
bullish
wave
to
surf,
it
is
tipped
to
be
this
year’s
biggest
breakout
star.

Toncoin:
Will
it
breakout
from
$6?

Toncoin,
one
of
the
leading
Layer-1
tokens,
took
a
big
hit
as
Telegram
CEO
Pavel
Durov
was
arrested
over
the
weekend.
Sentiment
turned
bearish
and
cautious
amid
growing
FUD
and
uncertainty,
pushing
the
Toncoin
price
to
the
downside.

It
revisited
$5
earlier
this
week
and
its
latest
hurdle
is
a
breakout
above
the
$6
mark.
Is
there
enough
steam
to
propel
it
past
this
level?
The

TON
blockchain’s
overload
from
DOGS
launch
isn’t
helping
either,
causing
transaction
processing
to
be
stopped
again.

The
good
news—perhaps
better
news—amid
this
development
is
Durov’s

release
from
custody
in
France.
He
has
been
officially
indicted
and
placed
under
supervised
release
in
France,
leading
to
a
price
jump.
However,
a
Toncoin
price
prediction
suggests
a
decline
toward
the
$5
and
$4.5
zones,
although
Durov’s
full
release
will
be
positive
fundamental.

Solana:
On
the
downside

Solana,
one
of
the
leading
altcoins,
has
been
unusually
quiet,
especially
when
its
current
performance
is
compared
to
previous
ones.
It
was
one
of
the
top
runners
and
biggest
highlights
in
the
year’s
first
half.
However,
its
performance
in
Q3
has
been
a
far
cry.

Between
March
and
April,
the
Solana
price
recorded
its
annual
peak:
$200.
However,
it
reached
a
low
of
$110
in
early
August,
although
there
has
been
a
slight
uptick
afterward.
It
exchanges
hands
around
the
$140
support,
nonetheless
on
the
downside.

However,
a
significant
jump
is
anticipated
in
the
coming
days
or
weeks,
especially
with
the
rising
adoption
of
the
Solana
blockchain.
An
overall
market
rally
will
also
be
crucial
to
the
next
leg
of
its
bull
run,
on
track
for
an
upswing
past
$170.
Given
its
upside
potential
from
the
current
market
price,

SOL
is
an
altcoin
to
watch
for
substantial
gain.

Conclusion

While
Toncoin
faces
a
hurdle
in
crossing
the
$6
resistance
and
Solana
trades
downward,
DTX
Exchange
enjoys
massive
interest.
The
emerging
cryptocurrency
ascends,
hitting
the
$2
million
fundraising
milestone
and
poised
for
a
65x
jump
after
its
launch.

To
learn
more, visit
the
Presale
website, visit
the
DTX
website and join
The
DTX
community.