The Solana price is struggling amidst LIBRA scandal allegations. With hedge funds gearing up to dump $2.2 billion in the SOL token on March 1, the Solana price is expected to drop further. Amidst this, investors are shifting their focus to high-yield projects like the DTX Exchange.
The $0.18 altcoin has already raised over $15.2 million in its presale and would launch at $0.36. Investors can easily 2x their profits if they grab DTX tokens now. With remarkable presale performance and enticing features, can DTX Exchange become the next big crypto success story? Let’s find out.
DTX Exchange: Why Investors Are Switching to this $0.18 Altcoin
With the Solana price declining amid volatility and surging selling pressure, investors are showing interest in promising altcoins like DTX Exchange. The DTX tokens are currently priced at just $0.18, while its listing price is $0.36. This means investors can easily double their gains if they buy now.
DTX Exchange is a hybrid trading platform set to revolutionize the crypto space. The promising project believes in democratizing access to institutional trading by providing equal opportunities for seasoned and novice traders.
In line with this vision, DTX is set to launch its Automated Investment Manager. This innovative tool would allow inexperienced traders to yield substantial gains by automating long-term micro-investments in stocks, ETFs, or cryptos.
Furthermore, its Copy Trading feature would further aid novice traders in maximizing their profits by allowing them to follow and copy the strategies of leading global traders.
Trading exchanges that offer access to multiple trading assets often suffer from lags in information processing and slow transaction speeds. However, DTX Exchange is powered by the cutting-edge VulcanX blockchain, an industry-standard blockchain that could allow 200,000 transactions per second.
With such enticing features, experts believe DTX Exchange could potentially dominate the altcoin market.
DTX Presale Almost Sold-Out: Last Chance to Benefit from the $0.18 Price
Besides offering practical features and enterprise-grade security, DTX Exchange is performing remarkably well in its presale. The altcoin has raised over $15.2 million and offers a bonus presale round due to popular demand.
DTX Exchange believes in generously incentivizing its early investors. To ensure fair compensation, the platform is offering exclusive perks like trading fee discounts, governance rights, and profit sharing.
In addition, large-scale DTX holders can enroll in the DTX Black Club to access additional exclusive features like level-up, monthly and weekly bonuses, and rakeback. With DTX tokens selling out fast, this could be the final chance to grab them at $0.18.
The Solana Price Plummets Ahead of the Token Unlock
The SOL token enjoyed a bullish movement in early January. However, the altcoin is facing significant resistance right now. As of February 27, the Solana price is oscillating around the $140 mark, plunging by over 19% from last week’s high.
Source: CoinMarketCap
The recent Solana price movement can be attributed to mounting selling pressure as Solana’s (SOL) March 1 token unlocking event edges closer. On this same day, hedge funds are expected to dump around $2.2 billion worth of SOL tokens, inflating the altcoin’s supply and decreasing the Solana price.
Additionally, experts believe that the recent downtick in the Solana price is partly due to its involvement in the recent LIBRA meme coin scandal. This scandal tarnished the SOL token’s image and decreased investor confidence.
However, despite the SOL token’s recent dip, experts are optimistic about a potential rebound in the Solana price. SOL recently launched its highly anticipated smart wallets, which would enable more secure, scalable, and gasless transactions. Solana’s recent move might restore investor confidence.
As the SOL token’s future price remains uncertain, investors are switching to lucrative investment projects such as DTX Exchange.
Final Thoughts
Solana is exhibiting bearish signals as hedge funds get ready to dump $2.2 billion by March 1. As the selling pressure increases, traders are switching to profitable projects like DTX Exchange for better gains.
The altcoin is currently priced at just $0.18. Meanwhile, it will launch at $0.36, so investors can easily 2x their returns by acting promptly. With its bonus presale selling out fast, experts warn this could be the last opportunity to grab DTX tokens before they skyrocket in value.
Check out these links for more information about DTX Exchange:
