Ethereum
Polygon and NEAR protocol holders turn to new Ethereum coin as Cathie Wood abandons plans to issue Ethereum ETF
As Cathie Wood abandons her Ethereum ETF plans, attention turns to DTX Exchange (DTX). Polygon and NEAR Protocol holders are intrigued by its hybrid trading platform and strong presale performance.
ARK Invest CEO Cathie Wood has abandoned her plans for an Ethereum ETF. This caused waves in the market and prompted holders of Polygon (MATIC) and NEAR Protocol (NEAR) to look for other options. An Ethereum coin, DTX Exchange (DTX)has attracted a lot of interest as the star of the Stage 2 presale. In fact, analysts consider it to be the next 50x Ethereum coin in 2024.
Polygon (MATIC): an Ethereum coin in a summer crisis
Recently, Polygon (MATIC) has seen some volatility. In the past year alone, the price of Polygon has seen a miniscule growth of over 10%, according to CoinMarketCap data. However, crypto analyst FLASH claims that this Ethereum coin’s summer slump will end. His post predicted that MATIC could soon reach $0.94.
Technical analysis of the Polygon crypto also supports this claim. For example, MATIC is trading above its 200-day EMA with four green technical indicators. As a result, experts in the crypto space predict a rise to $1 before the end of Q2 2024 in their Polygon price predictions.
NEAR Protocol (NEAR): Number One in Google Search Trends
Meanwhile, the NEAR protocol (NEAR) has made a name for itself in the Ethereum coin space. THE The NEAR Protocol team recently revealed that the term “NEAR” is now number one in Google search trends, showing the level of interest traders have in this cryptocurrency.
The crypto value of the NEAR protocol jumped over 400% on the YTD chart. Additionally, this Ethereum-based coin is trading above its 50-day and 100-day EMAs while having 11 technical indicators in the buy zone. Due to all this bullish NEAR protocol news, market analysts are predicting a rise to $9 during the second quarter of 2024.
DTX Exchange (DTX): among the best Ethereum coins
THE DTX Exchange (DTX) is disrupting the crypto market with its Ethereum coin pre-sale and hybrid trading platform. This trading platform combines the best elements of centralized and decentralized exchanges. In doing so, it offers traders an unheard number of asset trading choices (120,000+), fast trading speeds, and unmatched leverage of 1000x.
With all these features, DTX Exchange stands out from Coinbase and Binance as it allows trading of Forex, commodities, cryptos and much more. Additionally, DTX Exchange has become a favorite among millions of privacy-conscious traders because it requires no registration KYC verification. Therefore, global traders can keep their information safe and sound.
The DTX token serves as the basis for the entire ecosystem within the DTX Exchange itself. Holding this Ethereum coin provides a number of benefits, such as voting rights or reduced transaction fees. Demand for these tokens has been significant, with $650,000 raised during the presale so far. If things continue like this before July 2024, the DTX Exchange could reach $1 million.
Currently, one DTX costs $0.04 at stage 2. Those who purchased it from the beginning enjoy a 100% ROI. Moreover, market analysts predict another 50x increase once a Tier 1 CEX lists this Ethereum coin in Q3 2024. Considering all these factors and its ties to the foreign exchange market of a trillion dollars, DTX emerges as the best Ethereum coin to buy.
Why are Polygon and NEAR protocol holders turning to DTX Exchange?
Cathie Wood’s decision to withdraw support for the Ethereum ETF has created some uncertainty in the Ethereum coin space. In this environment, many Polygon and NEAR protocol holders are turning to DTX Exchange, which has a low market capitalization and ties to many billion-dollar financial markets.
This means that DTX will need significantly less new funds for its price to increase while maintaining stability in volatile markets. If you are interested in purchasing this Ethereum coin, now is a good time as DTX Exchange will reward ten lucky DTX holders with over $100,000 as part of an upcoming $1 million giveaway. So, sign up for the DTX presale using the links below.
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