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Unprecedented 10x Rally Coming for ERC-20 Tokens; Arbitrum (ARB) and DTX Exchange (DTX) Are Among the Top Watchlists
Tokens traded on the Ethereum (ETH) blockchain are gearing up for a massive rally following the news. Arbitrum (ARB) and DTX Exchange (DTX) are poised to lead the rally with their massive potential. The two coins are poised to deliver substantial returns of up to 10x.
The main driver of this latest surge is the expected approval of Ethereum Spot ETFs by the U.S. Securities and Exchange Commission (SEC). This development is expected to have a major impact on Ethereum altcoins (ERC-20).
Whales Move Ethereum (ETH) Ahead of Spot Ethereum ETF Launch
Ethereum (ETH) ETF approval is expected to get the green light this week following the filing of the amended S-1 registration statements. Market experts and analysts have been eagerly awaiting the approval of the Ethereum (ETH) ETF as it could trigger massive bullish rallies.
Large Ethereum (ETH) holders are moving their coins in anticipation of a positive reaction to the ETF approval. According to Whale Alert, an Ethereum whale address moved 9,438 ETH tokens worth $31 million on the Binance exchange on July 15. Two more whale addresses moved over 10,000 ETH each, worth over $70 million, on Coinbase.
These transfers indicate that large investors are positioning themselves to trade ETH if the launch is confirmed this week. The approval of the Ethereum (ETH) ETF is set to spark a rally in ERC-20 tokens, especially Arbitrum (ARB) and DTX Exchange (DTX).
Arbitrum (ARB) Up 9% In One Week
Arbitrum (ARB) has shown an upward trajectory as the SEC closes its investigation into ETH 2.0 and abandons enforcement actions. Investors have regained confidence in the trajectory of Arbitrum (ARB), as can be clearly seen on the coin’s weekly chart.
The weekly chart of Arbitrum (ARB) is governed by steadily rising green candles that show bullish momentum for the coin. Arbitrum (ARB) has gained around 9% in the past week, while the daily charts show a further increase of 4%.
With a 4% increase in market cap and an 18% increase in trading volume, Arbitrum (ARB) is set to lead the expected bullish rally for ERC-20 tokens. Market analysts predict that the coin could increase 10x in the near future.
DTX Exchange (DTX) Leads ERC-20 Rally with $900,000 Raised
DTX Exchange has emerged as the dominator of the DeFi space with its unprecedented pre-sale growth. The platform promptly raised over $900,000 in pre-sale phase 2. Its token price of $0.04 was considered a steal as the platform offers exponential growth potential.
The trading platform is expected to surpass current gains with a 10x rally following the approval of the Ethereum ETF, which is a gateway to bullish trends for ERC-20 tokens. The platform’s hybrid trading model has gained traction in the current bull run. Its 1000x leverage and lack of KYC requirements have made it invincible in the bull market.
DTX Exchange is designed to be a one-stop platform that caters to both experienced traders and newcomers to the cryptocurrency market. The platform’s user interface is intuitive and easy to use, ensuring a smooth trading experience for users of all skill levels.
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