Sonic

DeFi

Fantom

<p>While the year’s first half was event-filled and bullish, marked by the Bitcoin halving, BTC ETFs and BTC all-time high, the second half has been shaky. Prices took a downturn—some altcoins retested levels last seen in 2023. With sentiment looking gloomy, Fantom (FTM) and Sui (SUI) whales have found a haven in <a href="https://dtxexchange.com?utm_source=crypto-news-flash&amp;utm_medium=iykyk&amp;utm_campaign=53" target="_blank" rel="noopener noreferrer nofollow">DTX Exchange (DTX)</a>.</p>
<p>This presale token shelters against market turbulence while positioning investors for significant gains. Further contributing to its appeal is its convergence with TradFi and DeFi as a novel hybrid trading platform. With adoption all but certain, as is explosive growth, it is one of the new DeFi projects to watch out for.</p>
<h3 id="strong-dtx-exchange-dtx-capturing-whales-attention-strong"><strong>DTX Exchange (DTX): Capturing Whales Attention</strong></h3>
<p><a href="https://dtxexchange.com?utm_source=crypto-news-flash&amp;utm_medium=iykyk&amp;utm_campaign=53" target="_blank" rel="noopener noreferrer nofollow">DTX Exchange (DTX)</a> is a new altcoin capturing the attention of investors, including Sui and Fantom whales. The presale has been selling out fast for several reasons, from its substantial upside potential to its impending transformation of the rapidly growing <a href="https://www.fortunebusinessinsights.com/online-trading-platform-market-104934" target="_blank" rel="noopener noreferrer nofollow">$10 billion global trading market</a>.</p>
<p>A token costs only $0.04 in round two of the ICO and a whopping $1.2 million has been raised in early funding so far. Early investors are guaranteed a 200% gain by the launch date and more after its market debut. Industry experts project a 70x rally post-launch, contributing to the massive presale turnout.</p>
<p>In addition to its imminent growth, it further captures the hearts of investors and enthusiasts thanks to its solid fundamentals. It is a cutting-edge trading platform at the intersection between CEX and DEX, designed to provide access to a variety of asset classes across crypto, bonds, stocks, commodities and equities, among others. Its financial ecosystem will be inclusive, secure and technologically advanced, making it a strong contender in the trading world.</p>
<h3 id="strong-fantom-ftm-significant-decline-from-march-high-strong"><strong>Fantom (FTM): Significant Decline From March High</strong></h3>
<p><a href="https://coinmarketcap.com/currencies/fantom/" target="_blank" rel="noopener noreferrer nofollow">Fantom (FTM)</a>, a fast-rising Layer-1 blockchain platform, is one of the altcoins hit the hardest. It traded above $1 during the March high but has been in steep decline since then. At the time of writing, it exchanges hands around $0.3, with many portfolios down and HODLers concerned.</p>
<p>However, Fantom’s decline isn’t isolated; it is part of a broader market downturn. Nevertheless, it hasn’t been the most resilient in the face of bearish pressure. A handful of holders have been dumping their bags, cutting their losses and diversifying into more promising crypto ventures.</p>
<p>Its decline is even more worrying given recent developments. In the latest Fantom news, the smart contract platform <a href="https://x.com/0xSonicLabs/status/1819057799722414538" target="_blank" rel="noopener noreferrer nofollow">rebranded to Sonic Labs</a> in preparation for the launch of Sonic, which is poised to be the fastest Ethereum Virtual Machine (EVM) chain. Hopefully, the Fantom coin recovers and recaptures its all-time high before the year’s end.</p>
<h3 id="strong-sui-sui-investors-cut-their-losses-strong"><strong>Sui (SUI): Investors Cut Their Losses</strong></h3>
<p><a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">Sui (SUI)</a>, another Layer-1 blockchain, also took a major hit as the crypto market plummeted. The Sui Bridge supports the needs of global adoption by offering powerful, secure and scalable DeFi solutions, making it a favorite destination for developers and projects.</p>
<p>Similarly, it registered its annual high in March, trading above $2. However, there has been a notable decline in the Sui price since then, teetering around the $0.6 support. On the bright side, it is in an attractive buy zone, while on the other hand, many have been cutting their losses.</p>
<p>Meanwhile, according to data from CoinMarketCap, four monthly Sui token unlocks are scheduled for this year, between September and December. This will significantly increase the circulating supply and drive volatility up a notch—perhaps not so good for the price.</p>
<h3 id="conclusion">Conclusion</h3>
<p>The prices of Fantom and Sui have plummeted from their March high, sparking concerns among holders. In the quest for substantial gains, their whales have been diversifying into the DTX Exchange presale. This new DeFi project stands at the crossroads between DEX and CEX, suggesting imminent adoption and growth.</p>
<p><strong>Visit the official</strong><a href="https://dtxexchange.com?utm_source=crypto-news-flash&amp;utm_medium=iykyk&amp;utm_campaign=53" target="_blank" rel="noopener noreferrer nofollow"><strong> DTX Exchange (DTX) website </strong></a><strong>for the latest updates and information. </strong></p>

Fantom and Sui Whales Add DTX Exchange Token to Their Portfolio – Why is It Special?

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