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Experts predict a 15,000% increase in this Defi token as Avalanche (Avax) price drops due to a decrease in Nft volume

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Experts predict a 15,000% increase in this Defi token as Avalanche (Avax) price drops due to a decrease in Nft volume

In the fluctuating crypto market, Avalanche price observed a setback due to falling sales of AVAX NFTs. DTX Exchange is gaining ground as one of the best pre-sale coins in 2024.

In this article, we shed some light on the ongoing debate over Avalanche’s price outlook amid the decline of AVAX NFTs and the evidence supporting DTX Exchange’s huge ROI potential.

Avalanche Price Analysis Amid AVAX NFTs Bear Market

Avalanche’s recent price performance has seen a shift into the bearish zone, with AVAX falling more than 2% in the last 24 hours.

According to CoinMarketCap, the Avalanche price has seen a sharp drop of over 35% as its price has retreated from $53 to $35 in the last month. Selling pressures have increased as trading volumes have declined by more than 20% in the past 24 hours, and AVAX is facing stiff resistance as it struggles to maintain support at the $35 level.

Technical analysis indicates that the bearish sentiment arose from the decline in sales of AVAX NFTs, which fell more than 7% last week. Based on data from Dapp RadarThe AVAX NFTs ecosystem saw a drop in merchant activity, with purchases dropping over 35% and sellers dropping over 38%.

Analyst Forecast: 15,000% Rise: DTX Exchange Presale Heats Up

DTX Exchange is a rising star in the pre-sales ecosystem, promising an exceptional 25X ROI for early adopters, backed by its cutting-edge features. She rose to prominence after her private seed sales generated more than $2 million.

Following the success of its private seed round, its presale attracted overwhelming support, surpassing $475,000 in just one week. As demand increases, Stage 1 is set to sell out ahead of schedule, with many investors taking advantage of the opportunity to buy the DTX token for $0.04 before it rises to $0.06.

With its hybrid trading capabilities, DTX Exchange is poised to redefine cryptocurrency trading standards. Combining elements of centralized and decentralized exchanges, it provides a seamless interface that ensures users can trade without any KYC (know your customer) requirements.

Its growing popularity among traders is attributed to its distributed liquidity pools, which reduce slippage and provide an efficient trading environment. Users can reap the benefits of DTX Exchanges’ phenomenal 1000X leverage feature to generate high returns with minimal capital requirements.

Furthermore, the platform’s community-centric strategy focuses on giving individual ownership to its users using a non-custodial wallet. This unique feature is designed to significantly reduce the risk of funds being compromised by expected threats.

As enthusiasm builds, the DTX token is expected to see a huge price increase close to its public listing. Backed by a successful pre-sale and cutting-edge features, analysts predict that the token will likely surpass the $3 threshold, making it one of the next best 150X opportunities in 2024.

Conclusion

The recent performance of AVAX NFTs has pushed the Avalanche price into the bearish zone, and experts advise a cautious approach due to the highly volatile nature of NFTs. AVAX could recover in the coming weeks if it manages to reclaim bullish support; however, if this fails, prices could fall further.

In this context, DTX Exchange stole the spotlight with its impressive presale performance and technological superiority. With analysts projecting a 15,000% increase, the DTX token stands out as one of the top investment opportunities in 2024.

To know more:

Visit DTX presale

To read White paper

Join the DTX community

Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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NFTs

Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News

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Non-Fungible Items;  Picking up where NFTs left off - Tyler Adams, Co-Founder of COZ - Op-Ed Bitcoin News

https://news.google.com/./articles/CBMiZmh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9ub24tZnVuZ2libGUtaXRlbXMtcGlja2luZy11cC13aGVyZS1uZnRzLWxlZnQtb2ZmLWNvei1jby1mb3VuZGVy LXR5b GVyLWFkYW1zL9IBAA?hl=en-US&gl=US&ceid=US%3Aen

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

https://news.google.com/./articles/CBMiVGh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9haS1wb3dlcmVkLWRpc2NvdmVyeS1uZXR3b3JrLWZvci1uZnRzLWxhdW5jaGVzLXB1bHNyLXRva2VuL9IBAA?hl= en -US&gl=US&ceid=US%3Aen

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Solana Monkey Business Leads NFT Sales with $875,91K

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Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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