GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

Missed Out On Injective Blockchain and 100X Gains by Kaspa (KAS)? This New Altcoin Could Be Your Best Bet

In the rapidly evolving crypto climate, several factors play a role in influencing the growth of altcoins, and in 2024, two players, Injective Blockchain and Kaspa (KAS), observed a massive rally in the Q1 bull run, turning dedicated members into overnight millionaires.

As the market enters a corrective phase, Injective Blockchain and Kaspa momentum is slowing down as investors book their winnings to invest in the next 100x altcoin. Amidst this backdrop, a new altcoin, DTX Exchange, has been in the limelight, with many experts drawing parallels with KAS and INJ’s explosive surge in Q1.

Can Injective Blockchain Retrace $40 in 2024?

Injective Blockchain (INJ) became a notable gainer of the Q1 bull run, setting a new all-time high as its price surged from $7 to above $52, with yearly trends showcasing a growth of over 300%. However, as selling pressures mounted, the token retreated to the $25 level.

Recent CoinMarketCap trends show an uptick in INJ price but its failure to surpass $30, has raised concerns among investors, with many pulling out and anticipating a price dip as its trading volume decreased by over 50% in the last 24 hours.

As investor interest continues to decline, Injective Blockchain (INJ) is likely to test key support above $20, failing, which could result in a bearish trajectory in the coming weeks.

Kaspa (KAS) Bullish Rally Slowing Down Amid Market Downturn

Kaspa (KAS) rose to prominence with its impressive 700% rally, skyrocketing from $0.02 to above $0.18 to become one of the top altcoins in Q1, but its recent performance paints a different picture, with the token retreating to above $0.13.

With the broader market observing a downturn, a bearish shadow looms over Kaspa (KAS), and increased investor anxiety has resulted in reduced trading activity, as evidenced by CoinMarketCap showing trading volume declining by over 50% in the last 24 hours.

Despite the uptick, the market remains split as investors gradually exit in search of better opportunities, with many turning to the new altcoin, DTX Exchange, eyeing a potential 100x rally.

DTX Exchange: New Altcoin Gearing Up for 100x Rally As Investors Rush to $560,000 Presale

DTX Exchange has enticed investors with its cutting-edge features and a stunning $2 million private seed round to become one of the fastest-growing presales in the ecosystem. Its rapid adoption and overwhelming support have led experts to project a massive 100x ROI, with many drawing parallels with Injective Blockchain (INJ) and Kaspa (KAS) growth in Q1.

Meanwhile, the upcoming layer 1 feature has raised anticipations of a massive price hike, with investors rushing to join presale as it shoots past $560,000 for the chance to buy the DTX token at $0.04. Leading analysts are forecasting a jump to $3 near its public listing, making it one of the best presales of 2024.

What Makes DTX Exchange The Next 100x Project?

This next-generation platform is poised to redefine standards of trading with its revolutionary hybrid approach. DTX Exchange blends centralized and decentralized elements to provide access to over 120,000 digital assets and ensure users can maintain their privacy by negating KYC (know your customer) requirements.

Poised to outperform the competition with its unmatched 1000x leverage feature, DTX Exchange offers users a competitive edge, allowing them to generate massive gains with minimal capital while reducing slippage through the use of its distributed liquidity pool.

As excitement builds up for the upcoming privacy layer 1 blockchain, whales are jumping for the opportunity to join stage 2, driving up demand for the DTX token.

Summary

While the bearish sentiment persists, the prospects of Kaspa and Injective blockchain are unlikely to observe a breakout in the coming weeks. In contrast to the new altcoin, DTX Exchange stands out for its remarkable features and presents a strong case for its explosive potential, making it one of the best bets for 100x in 2024.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

Latest Press

post-thumbnail
News
6 hours ago
Bitcoin Price Stalls at $64,807 as Cash-and-Carry Strategy Dominates Market
Bitcoin’s price has been range-bound, influenced by the cash-and-carry arbitrage strategy. Institu...
READ MORE
post-thumbnail
News
6 hours ago
Ripple Faces Legal Limbo as SEC’s Top Crypto Enforcer Resigns
David Hirsch, SEC’s head of crypto enforcement, resigns after nearly a decade. His departure marks...
READ MORE
default post thumbnail
News
6 hours ago
Curve (CRV) Bounces 40% From All-Time Low As Whales Go On Shopping Spree
Curve Finance’s native token, CRV, saw a dramatic 30% price drop a week ago. The crash, which incl...
READ MORE
default post thumbnail
News
6 hours ago
Bitcoin Market Alert: German Government Agency Sends $425M Worth Of BTC To Exchanges
Bitcoin (BTC) recently plunged to a one-month low of $64,000, causing concern among bullish investor...
READ MORE
default post thumbnail
News
6 hours ago
Solana Down 40% But Analyst Says Now’s The Time To Buy SOL
Solana, one of the top altcoins, trailing Ethereum and the BNB Chain, has not been spared in the rec...
READ MORE
default post thumbnail
News
6 hours ago
Dogecoin Weighted Sentiment Drops To 2024 Lows, What Does This Mean For Price?
The crypto industry is now going through another turbulent period, as evidenced by price data in the...
READ MORE
default post thumbnail
News
6 hours ago
Dogecoin, Cardano “Very Bullish” Based On MVRV: Santiment
The on-chain analytics firm Santiment has revealed that Dogecoin and Cardano are two assets that loo...
READ MORE
default post thumbnail
News
6 hours ago
CertiK Faces Fallout After Confessing $3 Million Heist From Kraken, What’s Next?
Cryptocurrency exchange Kraken has announced that it has fallen victim to a major security flaw that...
READ MORE
default post thumbnail
News
6 hours ago
SynFutures to Expand its Perp Markets to Base with New Memecoin Initiative
Singapore, Singapore, June 19th, 2024, Chainwire SynFutures, the leading DeFi derivatives protocol, ...
READ MORE
default post thumbnail
News
6 hours ago
Brett Price Prediction And A New Base Meme Coin To Watch
The broad-based recovery in altcoins today is once again showing the upside potential of Base meme c...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started