The second biggest crypto in the market, Ethereum (ETH), is seeing a major price breakdown. Currently, the Ethereum (ETH) price is trading above the support level of $2,200, and crypto analysts are anticipating this level as the major reversal point for the coin.
Amid this market correction, crypto experts have anticipated DTX Exchange to hit $10 before the Near Protocol (NEAR). The current price of DTX Exchange is $0.04. If it hits $10, thats come out to be a whopping 24,900% and experts think this correction is the best time to buy some DTX Exchange.
Hackers Using The Dip To Accumulate Ethereum (ETH)
Cryptocurrency hackers took advantage of the ongoing market crash to buy heavily discounted Ethereum (ETH) using stolen funds from previous heists. The blockchain analytics firm Lookonchain reported that the Nomad bridge exploiter used 39.75 million stolen Dai tokens to purchase 16,892 Ethereum (ETH).
Additionally, the blockchain investigation firm PeckShield found that the Nomad exploiter sent 17.75 Ethereum (ETH) to an intermediary Ethereum (ETH) address. Also, stolen funds linked to the Pancake Bunny hack from three years ago are also being moved during this market uncertainty.
Near Protocol (NEAR) Showing Strong Bearish Momentum
Near Protocol (NEAR) market performance has been very weak in the ongoing price correction, with a 24-hour price decrease of over 23% and a 7-day decrease of over 40%, showing strong bearish momentum in Near Protocol (NEAR). The price of Near Protocol is trending downwards, reflecting a bearish sentiment in the market.
Near Protocol (NEAR) price is trading below the 50-day EMA if the trend changes the direction this can work as a strong resistance for Near Protocol (NEAR). Technical analysis in Near Protocol (NEAR) indicates a bearish outlook, with 77% of indicators signaling an donwtrend trend and only 33% suggesting a bullish sentiment.
DTX Exchange Revolutionizing Exchange Industry With Web3
Amidst the correction of broader crypto markets, DTX Exchange stands out as a prime investment opportunity. As one of the top presale coins, it has the potential for over 24,000% return on investment, backed by its impressive presale and groundbreaking features.
This next-generation hybrid trading platform has won over traders with its unmatched 1000x leverage feature. It combines centralized and decentralized elements, allowing users to generate significant returns while maintaining their privacy.
DTX Exchange offers an incredible 120,000 trading options and reduces slippage through its distributed liquidity pool, enabling users to maximize their trading potential. This sets DTX Exchange apart from competitors.
The platform’s ongoing presale has attracted significant attention, especially from major investors, following the announcement of a new layer 1 feature. This influx of capital is driving expectations of a substantial price increase, with leading analysts predicting a jump on its public listing from the current price of $0.04 in stage 2.
Learn more:
Disclaimer: This is a paid release. 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 information available in such content. Do your research and invest at your own risk.
