Amidst ongoing market volatility, DTX Exchange’s (DTX) public presale continues to attract more investors. Meanwhile, PEPE and Avalanche (AVAX) continue under immense bearish pressure, resulting in a critical sell-off by holders.
Explore DTX, PEPE, and AVAX.
DTX Finds Innovative Strategy To Attract More Buyers To Ongoing Presale
DTX Exchange (DTX) is a DeFi company that makes financial trading easy. It provides a robust trading platform powered by blockchain to facilitate seamless trading for over 120,000 financial products, including cryptocurrencies, forex, CFDs, options, and others.
During its public presale, DTX Exchange has continued showing people why it is the ideal token presale to buy. DTX Exchange’s native token, DTX, is Ethereum-based and offers significant utility. Holders of DTX can use it to facilitate transactions, enable loyalty rewards, staking for higher profits, and vote for platform changes.
DTX Exchange’s public presale has been ongoing for a while. Early investors bagged a 100% gain as it moved from $0.02 to S$0.04 from Round 1 to Round 2. With the ICO now in Round 2, DTX is pulling investors due to its profit potential. An impending 50% price ascension when it reaches Round 3 has brought new investors to DTX, who are looking forward to a 200% rise when it reaches the expected $0.12 launch price at the end of the public presale.
PEPE Turns Bearish Amidst Profit-Taking
Meme coins have made a mark in the crypto market this year with soaring prices and renewed investor interest. PEPE has been at the forefront of this meme coin revamp, increasing its buyers and market capitalization.
PEPE coin decoupled from the market, defying the prevailing conditions to ascend and reach a new ATH twice in May, with market data showing why it is the best cryptocurrency to buy. PEPE coin shed a zero from its value to reach its first ATH, $0.00001. Investors continued buying aggressively to see it attain a high of $0.000017, a new ATH, and a 188% rise from $0.0000059 at the beginning of May.
With this amazing feat, the PEPE coin price is now in a downtrend as investors capitalize on the May pump to encash their gains. Despite the downturn, the market sentiment for PEPE remains bullish, with PEPE price predictions showing that it may reach $0.000002 by the end of the year.
Avalanche (AVAX) Unable To Sustain Growth Momentum
Avalanche (AVAX) failed to hold on to gains it earned in May, succumbing to market volatility, resulting in a price drop and heavy bearish sentiment against it. AVAX price pumped 35% from $30.68 to $41.69 before hitting a solid resistance at this price level, blocking its continued price rise.
In the second week of May, AVAX price started a downtrend, likely to see it lose all its gains, falling 15% from $41.69 to $35.33 at the end of May. With its price descending, experts suggest a bearish market sentiment for Avalanche (AVAX) as demand and social influence fall.
Technical analysis shows Avalanche (AVAX) in a consolidation phase and a neutral RSI, implying uncertainty. Trading between its key averages, experts suggest it is likely to breach its 200-day EMA support if it falls further. With little indication of its next move, AVAX price prediction forecasts a fall to $30 before it recovers.
