Toncoin Drops Sharply While LTC Flexes With 5% Surge; DTX Testnet Launch Pulls Global Capital With $2.1M Raised

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PR Manager

September 4, 2024

With the crypto sector entering a volatile phase, several altcoins are pulling big gains while some are moving on the bearish roads. The Silver to Bitcoin’s gold Litecoin (LTC) shows massive strength with a strong upward trend while Toncoin (TON) price has dropped below significant levels amid rising market speculations.

Parallely, the new sensation DTX Exchange (DTX) is also under the spotlight after raising standards in the blockchain industry through the successful testnet launch. The surging investor demand for DTX hybrid features and other cutting-edge technologies puts it ahead with the potential to surpass giant cryptos like Toncoin (TON) and Litecoin (LTC).

DTX Exchange’s Testnet Records Pulls Investors In $2.1M Presale

DTX Exchange (DTX) moves ahead in the tradFi sector as the fastest growing presale of 2024, equipped with top-notch features for its users to trade and strategize for maximum profits. The DTX platform is a hub of AI-powered technologies with its power in the hybrid trading model, leveraging the best features of centralization and decentralization.

The platform takes steps forward to provide more for the trader community with leverage up to 1000x and other advanced automation and risk management tools. By employing revenue-sharing models, DTX solves liquidity issues by encouraging users to contribute to its distributive liquidity pools and earn passive income.

DTX Exchange has recently made new benchmarks by processing over 10,000 TPS in its testnet performance. Furthermore, the hybrid blockchain of DTX Exchange has pioneered the merging of assets from diverse financial markets, including forex, stocks, cryptos, bonds, commodities, and equities, in one platform so users can enjoy an end-to-end trading experience.

The DTX presale knows no bounds, as the project has raised a whopping $2.1 million in batch 3 of the public presale. DTX Exchange offers top-tier security protocols for data-conscious traders through no-KYC and non-custodial wallets. DTX tokens are available at $0.06 in the current stage, with predictions to surge past $1 once they list on major exchanges, promising bullish returns to early buyers.

Litecoin (LTC) Price Goes Parabolic as Whale Action Soars

Litecoin (LTC) is showing muscles with its price gaining momentum amid the altcoin market trending down. Despite its underperformance for the last few months, Litecoin (LTC) is again under the spotlight with bullish predictions resurfacing. LTC token gained 3.5% value in the previous 24 hours with a notable rise in whale activity.

The recent liquidations have cleaned up the mess for Litecoin (LTC) with small investors liquidating. This will significantly reduce the token’s volatility and lower the risk of potential reversals following the sell-offs from paper hands. Speculations about big movements coming for Litecoin (LTC) have been fueling since the recent sell-off of over 200,000 tokens on Binance Exchange.

Toncoin (TON) Faces Market Heat Amid Legal Concerns Looming

Toncoin (TON) has displayed a solid reversal pattern, with its price rally getting rejected from the immediate resistance at the $5.4 mark. Despite soaring optimism after Telegram’s 2023 revenue report was revealed, Toncoin (TON) Bulls have failed to dominate the price prospects due to notable fears and speculations clouding the community’s sentiment after Durov’s arrest.

Toncoin (TON) has lost a sharp 5.2% in the last seven days, with a notable drop in its trading volume and bears fiercely taking over. The lowering of investor confidence further dulls the prospects of Toncoin (TON), and more downside trends can be observed in the upcoming days. Community sentiment is on a down road, and Toncoin (TON) shows no solid ground for a swift recovery due to rising uncertainty.