Solana and NEAR investors flock to pre-sell this new DeFi coin

Investors from Solana and NEAR Protocol are flocking to the presale of a new DeFi coin, DTX Exchange, lured by its potential for 50x returns.

The world of decentralized finance (DeFi) continues to attract investors looking for the next big opportunity in the cryptocurrency space. This explains the recent increase in interest in a new DeFi coin presale. Investors from Solana (SOL) and NEAR Protocol (NEAR) are flocking to the new project, lured by the potential for massive profits.

With SOL and NEAR recently recording strong on-chain activity and positive price momentum, excitement about the new coin’s potential for 50x returns is at an all-time high. But is this DeFi coin really the next big thing?

Solana rises as chain activity increases market momentum

Solana continued its uptrend over the past week, rising above $150.15 on October 14, 2024. On-chain metrics and an increasing number of holders of meme coins hosted on the Solana blockchain are the main market indicators showing the potential for a SOL price to rally.

Solana meme coins have increased in token holders in the past month. On that note, meme coin analyst Murad shared statistics in a recent tweet, adding that a super cycle may be on the way.

Normally, an increase in token holders is considered a bullish sign for an asset, as it shows a growing demand for SOL among investors. Notable on-chain statistics, including number of transactions and active addresses on Solana, rose in the past month, according to Artemis data.

On October 15, SOL traded at $155.64, up 5.37% over the past week. Experts say SOL will rise to $164.85 this month, supported by increased demand. Despite the expected SOL boom, investors are turning to a new DeFi coin that promises up to 50x growth in the coming months.

NEAR Protocol’s network activity surge drives bullish momentum

In the past month, NEAR protocol has risen more than 20% in value despite the recent market decline. Several factors were believed to be behind NEAR’s strong performance.

NEAR protocol completed its NEAR 2.0 system update on August 12, 2024, which includes blockchain sharding in its ecosystem. The new development could support massive developer and user adoption of the NEAR project, which has recently increased its value.

However, on-chain data shows massive growth in network activity and operations on NEAR protocol in September. Transactions increased by approximately 42% between August 25 and October 6. On that note, the massive activity helped increase NEAR-based protocols’ total value locked (TVL), based on DeFiLlama data.

Although the upside has cooled due to the market-wide decline at the beginning of October, NEAR remains bullish. On October 15, NEAR traded at $5.05, down 2.53% in the past week. Analysts say NEAR will continue to recover to trade at $6.15 by the end of this month, supported by developments on its network.

As NEAR rises, investors are also keeping an eye on a new DeFi coin that has massive growth potential.

DTX Exchange emerges as 2024’s fastest growing presale

DTX Exchange ranks among the fastest growing crypto pre-sales in 2024 as investors see its massive growth potential that could make it the next largest trading platform.

The DeFi project has attracted many investors as it consists of the first ever hybrid blockchain enhanced with end-to-end solutions that no other exchange offers.

DTX Exchange offers leverage of up to 1000x and guest-friendly trading, which helped its pre-sale sell out quickly. Since its launch, DTX’s presale has raised more than $4.6 million. In that context, DTX Exchange will dominate the market with its advanced features, AI incorporation, quant and algo trading and advanced automation strategies.

DTX Exchange’s easy-to-use interface has ensured that crypto trading is remarkably easy, as highlighted by Crypto Legends. Therefore, the platform supports smooth transactions between trading pairs and digital assets.

With more than $4.6 million already secured in its presale, analysts say it will surpass $5 million by the end of October 2024.

Currently, in Phase 4 of the public presale, the DTX utility token is valued at $0.08, a 300% gain from the original value of $0.02. The value could rise by 25% to trade at $0.10 when DTX moves into Phase 5 of the presale.

Analysts say there is a 50x growth prospect for DTX after listing on mainstream exchanges. Therefore, the new DeFi coin is a profitable investment, even if it is in the pre-sale stage.

DTX’s growth potential attracts SOL and NEAR investors

As the DeFi landscape continues to evolve, Solana and NEAR protocol investors seem to be eyeing new opportunities presented by DTX Exchange. DTX’s massive growth potential is what attracts most investors.

SOL and NAR have recently recorded strong performance, driven by network activity and increased investor demand. Nevertheless, DTX’s promise of 50x returns attracted many investors to its presale.

For more information, visit the DTX Exchange presale website or join the online community.