Green Sea raises $1.2 million in crypto as a new exchange, DTX
Cryptocurrency prices made a strong comeback this week as the threat of a Japanese yen rebound faded. After falling hard on Monday, most have bounced back by double digits. Bitcoin jumped from $49,000 to $62,000, bringing the total market cap of all coins to over $2.1 trillion.
As these coins are returned DTX exchangeAn upcoming hybrid platform, raising more than $1.2 million continues its token sale.
Bitcoin and altcoins have recovered
Bitcoin and most altcoins rallied on Friday as sentiment improved and the fear and greed index moved from the fear zone to neutral. SuThe Binance-backed token was one of the top gainers, jumping more than 27% in the last 24 hours.
Helium, Solana DEX, jumped 20%, Celestia TIA increased more than 18%. Other top performing tokens were meme coins like Brett, Pepe and Jasmine. Athena, Injective and Stax were among the other top gainers.
This resurgence occurs when investors buy into these cryptocurrencies that they believe have been significantly undervalued. Also, it happened when other assets such as stocks went back. In fact, some indexes like the Dow Jones, S&P 500 and Nasdaq 100 pared most of Monday's losses.
Technically, these assets pulled back when investors identified a bullish hammer pattern on Bitcoin's daily chart. It also creates a bullish falling wedge chart pattern, which often results in a bullish breakout.
Additionally, these signals increased as the Federal Reserve increased expectations that it would cut interest rates in July.
DTX Exchange token sale is booming.
Meanwhile, investors are focusing on a new hybrid exchange that offers better features than existing platforms like Uniswap, DIDX and Radium.
DTX has already raised more than 1.2 million USD, and the tokens are selling fast when investors take advantage of the low price of USDT 0.04. In the next step, the value of the token will increase to 0.06 USDT. This means that a person who spends $10,000 today will receive 250,000 tokens. When it increases to $0.06, the same amount buys 166,666 tokens.
The estimated launch price will be $0.12, which means that a trader who buys the token now will have assets worth $30,000 on launch day.
DTX aims to be a better exchange than most crypto platforms for many reasons. First, in addition to crypto, users can trade other assets such as forex, stocks and commodities. So one does not need to contact many exchanges or brokers.
DTX also addresses the liquidity challenges many exchanges face by using decentralized liquidity pools, which combine liquidity from different sources to create a better platform with lower fees.
Most importantly, DTX users are assured of their safety by focusing on a non-guardian model. This means users keep their keys and wallet safe while shopping. You can buy a DTX token. over here.
