The ongoing market sentiment is leaving no room for altcoins to stabilize or bounce back. The highly fluctuating trends have affected many altcoins, and Avalanche (AVAX) and Aptos (APT) are among them. While the DTX Exchange belongs to the same market, its cutting-edge blockchain technology and insane trading features defy the current market sentiment.
Currently trading at $21.28, Avalanche (AVAX) has been following a downward trend for weeks. A continuous negative movement of an altcoin typically indicates a potential bounceback in the crypto market. Renowned crypto enthusiast Captain Faibik expects the same from Avalanche (AVAX) this cycle.
Faibik is pointing toward the formation’s support trendline and anticipating the price to find strong support after a prolonged downward sentiment. The analyst further adds that Avalanche (AVAX) might shoot off to the $70 mark in a short time period if a rebound occurs. This will make Avalanche (AVAX) gain over 225% and dramatically hit its all-time high.
While the current market sentiment isn’t allowing altcoins to make progress and lead a strong rally, Avalanche (AVAX) has surged its trading by 2% in the last 24 hours and indicates chances of a possible rebound given the ongoing price movement.
Aptos (APT) recently rolled out a huge sum of 25 million tokens, equalling $223.3 million. Aptos (APT) saw a major decline in price during the token release last year in November, which is not the case this time. This release has surged Aptos (APT) price with a good margin compared to other altcoins.
After the layer-1 blockchain released the tokens, Aptos (APT) tokens have soared by 9.5% in one day. This sudden surge has sparked market interest and confidence among investors. While investors move in to diversify their portfolios and gain profits, Aptos (APT) must maintain the current sentiment to support its adoption.
The future outlook for Aptos (APT) appears quite challenging, given the fact that its previous token release did not go as planned, and this one has created hype in the market. It’s highly unlikely that investors will remain connected to Aptos (APT), given its speculative movement so far.
While Avalanche (AVAX) and Aptos (APT) portray slight recovery amid the mixed market signals, the DeFi sensation DTX Exchange (DTX) is on the verge of breaking all-time presale records. This hybrid platform has shaken the market with its cutting-edge blockchain technology, allowing users to trade cryptos, forex, equities, and contract-for-differences (CFDs).
DTX Exchange has recently registered 2,000 new investors who joined the booming presale that raised $1.31 million in record time. Moreover, the project’s insane trading features, like 1,000X leverage, distributed liquidity pools, non-custodial wallet, and no KYC requirements also make it a winning competitor in the market.
DTX Exchange offers access to over 120k+ assets across crypto, offering high-velocity trading opportunities with lightning-fast execution speeds.
Given the current market sentiment, investors are eager to find high-profit opportunities with low-risk investments. For investors seeking shelter amid the broader downward market trend, DTX Exchange fits best in this criteria as it has shattered all low-cap expectations with its 7-digit figures.
Investors from Avalanche (AVAX) and Aptos (APT) are showing interest in this DeFi platform, which empowers them to control large positions with minimal capital. The platform also incorporates in-depth charts, graphs, and analytical tools to help investors make the best possible decisions and stay ahead of the curve.
As DTX’s highly successful presale ends in the coming weeks, now appears to be the best time to offload other assets and move in on the winning presale sensation of 2024 for maximum gains.
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