Altcoins
DTX Exchange Dominates LayerZero Forecast With $1M Increase
After falling below the $3,000 level, Ethereum price is trading above $3,400, showing strength in the cryptocurrency market. Experts expect the start of a new market recovery, and the excitement in the cryptocurrency community has increased again. As the anticipation of a new bullish swing is high, investors are continuously pouring money into top altcoins.
In the list of best altcoins, DTX Exchangea new hybrid exchange platform, is dominating. It has raised $1 million and has over 5,500 holders in just two months of pre-sales.
LayerZero (ZRO), recently launched, is our second contender in the list of top altcoins. After its launch, LayerZero (ZRO) was in a flag consolidation, but it has broken out of the flag pattern and is ready for the next phase.
Ethereum price is forming bullish flag, strong rally soon?
Ethereum price hit the recent swing low on July 5th and from there it rallied by over 23% in just 15 days. However, after the move, it entered a bull flag consolidation. The price action shows that it can break out of the flag very soon and start rallying. We may probably see the new all-time high in the next uptrend.
As of July 22, 2024, Ethereum is trading at $3,480. Its market cap is $418.3 billion and its 24-hour trading volume is $15.6 billion. The market sentiment is currently bullish for the price of Ethereum.
LayerZero (ZRO) Up Over 25% In Last 7 Days What Drives the Price?
Following the cryptocurrency market recovery, LayerZero (ZRO) is one of the coins that has been trading at an all-time high since its launch. Over the past seven days, LayerZero (ZRO) price has increased by around 28% and is currently trading at $5.13 at the time of writing. The reason behind the move is the interest of the inventor, as the market is approaching an all-time high.
LayerZero (ZRO) is a protocol designed for seamless and secure communication between different blockchains. Using Ultra Light Nodes and decentralized oracles, it supports over 70 blockchain networks and has facilitated the transfer of over $50 billion in assets. LayerZero’s ZRO token (ZRO) plays a key role in this system, enabling payments, governance, and rewards for network participants.
DTX Exchange: Market Leader and Best Altcoin List
With the price of Ethereum approaching its all-time high and LayerZero (ZRO) hitting new highs, more and more investors are moving towards DTX Exchange. DTX’s hybrid approach blends the best features of centralized and decentralized exchanges, offering traders a best-in-class platform with a variety of trading options. The platform’s non-custodial wallets provide decentralized security, giving traders full control over their private keys and digital assets.
Investors now have a great opportunity to get involved with DTX Exchange and shape its future during the ongoing presale. At just $0.04 per token, the presale has already raised over $1,000,000 as it enters Phase 2. The market is ripe for DTX to capitalize on this momentum.
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