Amid a sluggish market momentum, many altcoins face criticism for falling behind and failing to display massive price breakouts. Investors are seeking other promising avenues where DTX Exchange (DTX) and Tellor Tributes (TRB) have grabbed the spotlight as the best altcoins to buy amid a volatile market.
Tellor Tributes has witnessed an explosive trajectory in the past week. This massive upsurge has led investors to make millions in profits. TRB’s market cap has significantly increased by $143.32 million to $376.81 million within the first week of May. This parabolic trajectory of TRB has turned heads evidenced by its 54% surge in volume.
Tellor Tributes (TRB) Surges 222% Amid Bullish Rally And Whale Accumulation
Tellor Tributes saw a significant surge, marking a remarkable climb of over 222%, pushing its price to approximately $147 from $45.1 within a week. This surge was primarily fueled by Tellor’s Total Value Locked (TVL) exceeding the $5 million milestone, recorded on May 3, 2024.
Another notable reason for the upsurge is the remarkable surge in active addresses of TRB.
According to Santiment, active wallets rose from 131 on May 1 to 212 by May 6. Moreover, 16 wallets accumulated a substantial amount of TRB tokens worth $100,000 indicating a shift in investor sentiment and a high capital influx in the Tellor’s ecosystem.
Tellor Tributes price is up by 22% on the intraday chart, indicating bullish sentiment according to analytics. TRB demonstrates a robust market momentum as indicators suggest a continued buying sentiment. A price breakout above the $148 threshold can lead the token’s price to surge beyond $200 in this bull cycle, making it the best altcoin to buy in 2024.
DTX Exchange (DTX) Leads The DeFi Space With Ground-breaking Presale
DTX Exchange (DTX) has drastically emerged as a prominent platform in the trading sector with a ground-breaking $525,000 secured in its presale stage 2. The hybrid platform combines the best features of CEX and DEX and offers unique trading features to empower traders in diverse markets including stocks, cryptos, equities, and forex.
The blockchain technology of DTX Exchange is emerging as a game changer due to its robust and secure transaction offerings to users. With non-custodial wallets and no-KYC requirements, users can enjoy complete access to their digital assets, trading them wherever they want. The project also offers distributive liquidity pools for optimizing the investment cycles.
DTX Exchange’s commitment to user engagement is the ultimate traction for traders worldwide. The project gives a chance to traders to participate in the future trajectory through governance rights. Users can also enjoy access to potential airdrops, leading to further capitalization of profits.
Analysts have high hopes for the DTX token to surge past $1 once it goes live due to its global attention and deflationary tokenomics. Investors are flocking to buy the DTX token at $0.04 which will rise to $0.06 in the next stage of the presale.
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