The crypto market has been largely influenced by legal frameworks for the longest time, but the latest price hit on Dogecoin (DOGE) was a first. The token is only down 1.6% in the past 24 hours, but that doesn’t reflect how poorly Dogecoin has gotten in that time.
Fantom (FTM) is looking to pull clear of its resistance levels, but the FTM token has fallen short of its $1.5 target for the past week. Now, the DeFi coin market seems to be holding its breath for which tokens will deliver on their promises first—the old guard or the new tokens in the presale?
We have one of the new DeFi coins here threatening to upset top altcoins with 50x gains in a few weeks!
South Korean Martial Law Hits DOGE Price
South Korean President Yoon Suk Yeol declared martial law over the country early on December 3, 2024, and before long, crypto markets, including DOGE, started bleeding on exchanges in the country. The conflict in the country and the effects of martial law have spread to exchanges outside South Korea.
DOGE and other top altcoins like Ripple’s XRP have been on significant price dips ever since. The Dogecoin price was looking to break into an uptrend, but it has since fallen to $0.41. Even worse is the fact that Dogecoin’s long positions have been closed rapidly in the past 24 hours; the DOGE token has lost about $22.5 million in liquidity in that timeframe.
The Dogecoin predictions are not yet invalid, but the recent DOGE price dip will certainly see them take a huge hit. It might be a little price shed at the moment, but with long trading positions shut down, Dogecoin will find it difficult to bounce back quickly.
FTM is the Top Gainer Amid Sonic Upgrades
The Fantom token joined the altcoin uptrend last month, and the FTM price is up 120% on the monthly timeframe as a result. Fantom is a product of Sonic Labs, and the latest upgrades on the start-up have led to price breakouts for FTM.
Sonic has achieved the Genesis block for its smart-contract-enabled blockchain. With Fantom on the way to being rebranded as Sonic, this means a lot for the token. Reports are that the testnet for the proposed chain has been closed, indicating an imminent mainnet launch.
Despite bigger predictions, Fantom is trading at $1.25 right now. The FTM DeFi coin is some 17.58% up from the past week’s trading, and some analysts tip FTM for $1.50 in a few days. With new DeFi coins for competition, the Fantom token might need more than a few days to make the surge.
DTX Exchange: Hybrid Trading, Multiple Income Streams!
DTX Exchange’s (DTX) main offering is a hybrid blockchain featuring all that traders have ever wanted in one place. The DTX Exchange ecosystem is set to be a teeming network of traders in a short while; here’s why.
The DTX Exchange trading platform will encourage traders from other digital financial markets like stock and Forex to come to the crypto-verse. DTX Exchange has over 120,000 tradable assets, and for the first time, a crypto exchange will be featuring trading instruments from the stock and Forex markets.
That means DTX Exchange traders will get to trade everything digital, from equity products like bonds and shares to foreign currency pairs, as well as regular crypto coins. That also creates a lot of options for profits.
Traders don’t have to be stranded in crypto winters or stock depressions; they can easily switch their deposits to more viable markets while the other recovers.
DTX Exchange ups the offerings with its real-world assets trading options. With that, there’s barely a tradable market that is not represented on the platform, and DTX Exchange simply cannot launch quickly enough.
The entire trading community is holding its breath for the big day.
The DTX DeFi Coin Presale: Stage 6 and Over $9 Million Raised!
The top altcoins will soon see DTX take their places on the top charts, as the DeFi coin is coming up with the very features traders need. The presale is easily one of the trending news in the crypto market, as traders are constantly all over the platform.
Each token sells for $0.12 in Stage 6 of the presale, and now’s your chance to get yours. They are up 20% from the past presale stage and looking to launch at $0.20.
Experts are tipping DTX to spike 50x after it goes live, citing its impressive features and its massive popularity as enough catalysts for the surge. The DTX presale has now raised over $9 million, and now is the best time to join!
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