The altcoin sector bursts with price gains after a notable correction in the past two days. The investment of $500 million in Bitcoin ETFs by Capula Management, one of the largest European hedge fund companies, boosted investor confidence back into cryptos assets notably for Uniswap (UNI) and Aptos (APT).
After plunging to yearly lows, Uniswap (UNI) and Aptos (APT) have gained significant momentum with a notable price hike in the last 24 hours. Furthermore, another emerging presale DTX Exchange (DTX) has garnered global attention with its decentralized security measure, centralized trading schemas, and cutting-edge features with the potential to outshine legacy players in the upcoming days.
Uniswap (UNI) Price Shows Resilience With 8% Gains
With the Uniswap (UNI) bulls stepping in, the exchange token drifts past key thresholds and recovers after a significant price slump. While speculations and fears are still in the air due to uncertain economic conditions globally, Uniswap (UNI) also faces a challenge to sustain these gains as bears might push to defend the $6 resistance level within the next few days.
Another challenge for Uniswap (UNI) is its over-dependence on the Ethereum price trajectory. The ETH token has failed to display any notable rally after the ETF launch that was expected by analysts, clouding its related ecosystems. The token is up by 8% on the intraday chart, however, Uniswap (UNI) still has price barriers to pass before gaining momentum toward higher price levels above $7.
14.6 Million Transactions Propel Aptos (APT) Price
With the excitement pumping up for Aptos (APT) after it disclosed its network activity, the token’s price also displayed a positive trendline after the market crash. With over 14.6 million transactions last week, the Aptos (APT) blockchain dominates the sector with an expanding user base and surging price potential for a bullish recovery.
Though the price trend of Aptos (APT) is slightly getting bearish due to prevailing fears and speculations around the crypto sector, analysts still have high hopes for the layer-1 blockchain after 5% intraday gains. The price trend of Aptos (APT) might take a bullish turn toward the $6 support level in the upcoming days with the dust clearing out around the global economic sector.
Popular Newcomer DTX Exchange (DTX) Ready to Moonshot at $1
DTX Exchange (DTX) has shocked the global community of traders with its unprecedented features and innovative trading solutions. The project strengthens its deFi dominance with the unmatched 1000x leverage feature, which offers traders a chance to secure higher positions and make profits with low funds in diverse financial markets, including forex, stocks, cryptos, and equities.
Investors eye DTX Exchange as a gas-free platform with the VulcanX update launch in August. The AI-powered exchange offers an all-in-one solution to traders of all levels and robust security protocols through blockchain layer-1 utilization. More features include non-custodial wallets, multi-tier accounts, distributive liquidity pools, and access to 120k+ digital assets.
KYC-free DTX Exchange is in high demand due to its sophisticated infrastructure, evidenced by the staggering ongoing $1.22 million presale round 2. The DTX token can cross $1 once it goes live in the main market with massive upside potential, available at a low presale price of $0.04. Analysts are optimistic about its future in the tradFi sector due to features not offered before.
Conclusion
With Uniswap (UNI) and Aptos (APT) gaining momentum amidst a recovering crypto market, investors’ fear still prevails due to the psychological impact of a historical market crash. While global investors still prefer safer assets, DTX Exchange (DTX) is a compelling option due to its presale potential and consistent price surge with each passing stage. The KYC-free DTX Exchange is poised for bullish growth as it attracts global capital, becoming the best crypto presale to buy in 2024.
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