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As Solana and Avalanche struggle with price fluctuations, DTX Exchange’s presale emerges as the standout investment of 2024.
Based on historical data, Solana witnesses price declines around this time of the year, which is why it’s no surprise that its price is currently on a downtrend. While Solana bulls are actively trying to influence a price rally for the token, Avalanche continues to witness price drops with analyst predictions of further price declines. On the other hand, DTX Exchange’s presale has emerged as the most promising presale of 2024.
Solana records increased user activity amid price decline
Solana has been facing significant price declines recently and has fallen below the $150 and $142 support levels, dropping by 18.14% in the last 7 days to trade at its current price of $129.73.
Having witnessed only 11 green days in the last 30 days, the Solana technical indicators such as the MACD, EMAs and SMAs signal bearish trends, meanwhile, the RSI displays the possibility of a bullish divergence.
Moreover, SOL has recorded a significant increase in user activity as evidenced in the 113.94% increase in its trading volume. Although Solana’s price is still declining, bulls are actively pushing for a price rally and analysts predict a rise by 17.55% to $151.93 in the coming weeks.
Avalanche incurs further price declines
Having been in a downturn since the past year, AVAX, is trading 85% below its ATH. However, last week was worse for the token as the price dropped significantly by 17.02% and is trading for $22.23 as at press time.
Avalanche’s market cap is also declining and the only reason its daily trading volume has surged up by 71% is as a result of the massive selling activity by investors who are selling off their tokens.
With Avalanche’s RSI in the lower neutral zone, and MACD Level flashing sell signals, experts speculate that the token is in the overbought zone and its price may continue to decline, highlighting this period as a bad time to buy the token.
DTX Exchange emerges as a leading presale in 2024
While top altcoins such as Solana and Avalanche have been declining, investors are moving to DTX Exchange to recover from the losses incurred from the poor performance of these other tokens.
DTX Exchange is a hybrid trading platform which combines the best features of DEX and CEX to offer investors seamless trading across crypto, forex, equities and CFDs. The platform ensures user-privacy by allowing users to navigate the platform with no KYC checks.
Having completed the KYC process with top blockchain security firm, SolidProof, DTX Exchange ensures users’ funds are protected. Moreover, the affordability of its presale tokens and their potential price surge up to 1000x post launch, attract investors. Currently in stage 3, tokens can be purchased at $0.06 with a 25% bonus available for users who register using the “DTX25” code.
Key takeaways
DTX Exchange has become one of the most promising presales of 2024, attracting the attention of investors. Solana’s user activity is increasing, meanwhile, Avalanche’s price continues to drop.
To learn more about DTX, visit the DTX presale, read the whitepaper and join the DTX community.
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