DeFi
Experts Predict a 15,000% Surge in This DeFi Token as Avalanche (AVAX) Price Drops Due to a Decrease in NFT Volume
In the fluctuating crypto market, Avalanche price observed a setback due to the decline in AVAX NFT sales. DTX Exchange is gaining ground as one of the best presale coins in 2024.
In this article, we highlight the ongoing debate over the prospects for Avalanche price amid the decline of AVAX NFTs and the evidence supporting the massive ROI potential of DTX Exchange.
Avalanche Price Analysis Amid AVAX NFT Bear Market
The recent Avalanche price performance has observed a shift towards the bearish zone, with AVAX falling more than 2% in the last 24 hours.
According to CoinMarketCap, Avalanche’s price saw a steep decline of over 35% as its price fell from $57.5 to $36.4 over the past 90 days. Selling pressures have intensified as trading volumes have declined by more than 20% in the past 24 hours, and AVAX is facing strong resistance as it struggles to hold support at the $37 level. .
Technical analysis indicates that the bearish sentiment stems from declining sales of AVAX NFTs, which have fallen more than 7% over the past week. According to data from DappRadar, the AVAX NFT ecosystem has seen a decline in merchant activity, with purchases down more than 35% and sellers down more than 38%.
Analyst Forecast: 15,000% Increase: DTX Exchange Presale Heats Up
DTX Exchange is a rising star in the pre-sale ecosystem, promising an exceptional 25x ROI for early adopters, backed by its industry-leading features. He rose to prominence after his private seed sale generated more than $2 million.
Following the success of its private funding round, its presale garnered massive support, surpassing $475,000 in just one week. As demand increases, Stage 1 is poised to sell out ahead of schedule, with many investors seizing the opportunity to buy the DTX token at $0.04 before it hits 0 $.06.
With its hybrid trading capabilities, DTX Exchange is poised to redefine the standards of cryptocurrency trading. Combining elements of centralized and decentralized exchanges, it provides a seamless interface that ensures users can trade without any KYC (know your customer) requirements.
Its growing popularity among traders is attributed to its distributed liquidity pools, which reduce slippage and provide an efficient trading environment. Users can enjoy the benefits of DTX Exchanges phenomenal 1000X leverage feature to generate high returns with minimum capital requirements.
Additionally, the platform’s community-centric strategy aims to give individual ownership to its users using a non-custodial wallet. This unique feature is designed to significantly reduce the risk of funds being compromised by expected threats.
As enthusiasm builds, the DTX token is expected to see a massive price surge as it nears its public listing. Backed by a successful presale and cutting-edge features, analysts predict that the token will likely surpass the $3 threshold, making it one of the top 150X opportunities in 2024.
Conclusion
The recent performance of AVAX NFTs has pushed Avalanche Price into the bearish zone, and experts advise a cautious approach due to the highly volatile nature of NFTs. AVAX could potentially rebound in the coming weeks if it manages to regain bullish support; however, if this fails, prices could fall even further.
In this context, DTX Exchange stole the show with its impressive pre-sale performance and technological superiority. With analysts forecasting a 15,000% rise, the DTX token stands out as one of the top investment opportunities in 2024.
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