By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Trump says Iran has U.S. proposal on its nuclear program – National
    Trump says Iran has U.S. proposal on its nuclear program – National
    May 16, 2025
    US cable giants Charter and Cox pursue .5 billion merger
    US cable giants Charter and Cox pursue $34.5 billion merger
    May 16, 2025
    UK political opinion poll tracker
    UK political opinion poll tracker
    May 16, 2025
    Asian markets stagger into weekend as trade rally runs out of legs
    Asian markets stagger into weekend as trade rally runs out of legs
    May 16, 2025
    Baby KJ was born with a rare, deadly disease. Doctors designed a fix – just for him
    Baby KJ was born with a rare, deadly disease. Doctors designed a fix – just for him
    May 16, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    Sovereign Wealth Funds Are Racing For Bitcoin: Eric Trump
    Sovereign Wealth Funds Are Racing For Bitcoin: Eric Trump
    May 16, 2025
    Coinbase (COIN) Hack Reaction ‘Overblown,’ Analysts at Barclays and Oppenheimer Believe
    Coinbase (COIN) Hack Reaction ‘Overblown,’ Analysts at Barclays and Oppenheimer Believe
    May 16, 2025
    BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, HBAR, LINK
    BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, HBAR, LINK
    May 16, 2025
    Bitcoin traders’ evolving view of BTC’s role in every portfolio bolsters 0K support
    Bitcoin traders’ evolving view of BTC’s role in every portfolio bolsters $100K support
    May 16, 2025
    Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec
    Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec
    May 16, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Sea of green in crypto as new exchange, DTX, raises $1.2 million
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Cryptocurrency > Sea of green in crypto as new exchange, DTX, raises $1.2 million
Sea of green in crypto as new exchange, DTX, raises .2 million
Cryptocurrency

Sea of green in crypto as new exchange, DTX, raises $1.2 million

Published August 9, 2024
Share
4 Min Read
SHARE

Contents
Bitcoin and altcoins have recoveredDTX Exchange token sale is thrivingShare this articleCategories

Cryptocurrency prices have staged a strong comeback this week as concerns about the Japanese yen comeback faded. After tumbling sharply on Monday, most of them have bounced back by double digits. Bitcoin has jumped from $49,000 to $62,000 while the combined market cap of all coins rose to over $2.1 trillion. 

These coins rebounded as DTX Exchange, an upcoming hybrid platform, continued its token sale, raising over $1.2 million. 

Bitcoin and altcoins have recovered

Bitcoin and most altcoins rallied on Friday as sentiment improved and as the fear and greed index rose from the fear zone to neutral. Sui, the Binance-backed token, was one of the top gainers as it jumped by over 27% in the last 24 hours. 

Helium, the Solana DEX, jumped by 20% while Celestia TIA rose by over 18%. Other top-performing tokens were meme coins like Brett, Pepe, and Jasmy. Ethena, Injective, and Stacks were among the other top gainers.

This rebound happened as investors bought the dip in these cryptocurrencies, which they believe became highly undervalued. Also, it happened as other assets like stocks bounced back. Indeed, some indices like the Dow Jones, S&P 500, and Nasdaq 100 pared most of the Monday losses. 

Technically, these assets crawled back as investors identified a highly bullish hammer pattern on Bitcoin’s daily chart. It also formed a bullish falling wedge chart pattern, which often results in a bullish breakout. 

Additionally, these tokens rose because of the rising hopes that the Federal Reserve will cut interest rates as soon as in July.

DTX Exchange token sale is thriving

Meanwhile, investors are now focusing on a brand-new hybrid exchange that promises better features than the existing platforms like Uniswap, dYdX, and Raydium.

DTX has already raised over $1.2 million, and the tokens are selling fast as investors take advantage of the low price of USDT 0.04. In the next stage, the token’s price will rise to 0.06 USDT. This means that a person who spends $10,000 today would receive 250,000 tokens. The same amount will buy 166,666 tokens when it rises to $0.06. 

The estimated launch price will be $0.12, meaning that the trader who buys the token now, will have assets worth $30,000 on launch day. 

DTX aims to be a better exchange than most crypto platforms for several reasons. First, in addition to crypto, users will be able to trade other assets like forex, stocks, and commodities. As such, one will not need to have several exchanges or brokerages. 

DTX will also solve the liquidity challenge that most exchanges face by using distributed liquidity pools, which aggregate liquidity from different sources, creating a better platform with lower fees. 

Most importantly, DTX users will be assured of their safety by focusing on a non-custodial model. This means that users will maintain their keys and wallets when trading. You can buy the DTX token here.


Share this article

Categories

#Sea #green #crypto #exchange #DTX #raises #million

TAGGED:CryptoDTXexchangeGreenMillionRaisessea
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Lorri Haines recalls childhood trauma of watching his parents spend all their money on alcohol while he was forced to go to school with holes in his shoes and uniform before turning to drink himself Lorri Haines recalls childhood trauma of watching his parents spend all their money on alcohol while he was forced to go to school with holes in his shoes and uniform before turning to drink himself
Next Article Frightening details unveiled about Taylor Swift concert terror plot Frightening details unveiled about Taylor Swift concert terror plot
- Advertisement -

Latest Post

Sovereign Wealth Funds Are Racing For Bitcoin: Eric Trump
Sovereign Wealth Funds Are Racing For Bitcoin: Eric Trump
Cryptocurrency
Trump says Iran has U.S. proposal on its nuclear program – National
Trump says Iran has U.S. proposal on its nuclear program – National
World News
Coinbase (COIN) Hack Reaction ‘Overblown,’ Analysts at Barclays and Oppenheimer Believe
Coinbase (COIN) Hack Reaction ‘Overblown,’ Analysts at Barclays and Oppenheimer Believe
Cryptocurrency
US cable giants Charter and Cox pursue .5 billion merger
US cable giants Charter and Cox pursue $34.5 billion merger
World News
BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, HBAR, LINK
BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, HBAR, LINK
Cryptocurrency
UK political opinion poll tracker
UK political opinion poll tracker
World News
- Advertisement -

You Might Also Like

Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing
Cryptocurrency

Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing

July 22, 2023
Bitcoin (BTC) bearish weekly close – how low will it go?
Cryptocurrency

Bitcoin (BTC) bearish weekly close – how low will it go?

September 2, 2024
Fetch.ai (FET) Runs Into Problems As UK Entity Is Put Into Administration
Cryptocurrency

Fetch.ai (FET) Runs Into Problems As UK Entity Is Put Into Administration

February 3, 2024
From Green Hype to Bailouts, the Nickel Industry Has Imploded
Business

From Green Hype to Bailouts, the Nickel Industry Has Imploded

February 4, 2024

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?