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DTX Exchange races past milestones as Shiba Inu investors join its presale, pushing funds above $7.6 million.
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One after another, DTX Exchange (DTX) is reaching milestones in record speed. The result of the presale is proof of DTX’s success in creating the best trading ecosystem in the world. Recently, it launched a trader leaderboard, which has fueled demand for the token, taking presale above the $7.6 million mark.
Shiba Inu traders have booked profits to take a position in the DTX Exchange, as the coin has retraced 20% from its high. Also, the utility factor in DTX Exchange is winning the game as it is emerging as the best utility altcoin in the market.
Shiba Inu finds support near short-term MA as price retraces
Shiba Inu (SHIB) broke out later in the rally than the leader, Dogecoin. However, the move in SHIB was exponential, increasing by 44% in two sessions. On Tuesday, SHIB made a high of $0.0000304 before retracing to the lower levels. It retraced nearly 20% the next day and found support at the 10-day moving average at the low of the day. Currently, Shiba Inu is consolidating in a range with an upper resistance line at $0.000028.
Shiba Inu faced rejection at May’s high, which was also support for the price in the past. The major resistance to the Shiba Inu price is the rally of March. If SHIB fails to sustain the breakout zone, it is the strongest support that will work as a retest level.
Additionally, Shiba Inu recently saw a massive 17 trillion SHIB exchanged in large transactions, highlighting a surge in on-chain activity. This increase suggests that SHIB investors are re-engaging with the ecosystem, showing signs of buying and redistribution. On the technical side, SHIB recently displayed strong bullish momentum, breaking through several key moving averages and signaling renewed interest in the token.
DTX Exchange pulls SHIB investors with mind-blowing feature additions
Not only meme coin investors but also investors from other cryptos have joined the DTX Exchange. Since the launch, the platform has signed up more than 280k users. This popularity is just the result of DTX’s inventiveness, which can disrupt the trading industry. DTX Exchange has brought many features like diverse asset options, including traditional and digital assets; it also features 1,000 leverage, attracting large investors; DTX provides governance rights and staking features to the community.
DTX Exchange (DTX) is shaking up the cryptocurrency world with its unified blockchain, VulcanX. This platform opens up the global financial markets, making them accessible, secure, and advanced for everyone, regardless of background or location. With VulcanX, anyone can tap into the benefits of blockchain technology and be part of a more inclusive financial system.
Given the rally in the cryptocurrency space, DTX Exchange is soon going to launch in Tier-1 exchanges. As Shiba Inu has tumbled, DTX Exchange has seen huge investments from SHIB investors. DTX Token is currently priced at $0.1, which is highly undervalued according to analysts and also is the perfect opportunity for retail investors.
To learn more about DTX, visit the presale website, the official DTX website and join the DTX community.
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This article first appeared at crypto.news
