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Amid the struggling altcoin market following Bitcoin’s sluggish momentum, LayerZero (ZRO) and Polygon (MATIC) are closely monitored. ZRO is poised for a bullish breakout in August due to strategic collaborations while MATIC crypto is likely to witness high bears as the price breached crucial support levels to display notable declines.
On the other side, DTX Exchange (DTX) steals the spotlight from LayerZero (ZRO) and Polygon (MATIC) with bullish presale momentum and the upcoming gas upgrade in August that will solve the high transactional fees issues for DTX, found on various existing exchanges. The project stands out as the best and most promising presale of 2024 poised to yield maximum profits for early stakeholders.
Polygon (MATIC) is witnessing diminishing investor confidence after failing to display price gains despite the recent SEC verdict in the Binance case. Reports suggest that only 8% of Polygon (MATIC) holders are in profit and the rest still await gains, triggering a decline in market optimism for the MATIC crypto.
The price of Polygon (MATIC) is down 4.9% on the intraday chart, dropping below the crucial $0.5 support level. The alarming situation for Polygon (MATIC) is pushing investors to join other projects as analysts suggest a prolonged bearish sentiment for the MATIC token below the $0.5 threshold.
LayerZero (ZRO) has recently partnered with Animoca Brands to streamline interoperability across diverse Web3 and crypto assets including gaming, digital assets, and other blockchain-based ecosystems. This partnership follows a multi-year timeline, with LayerZero (ZK) becoming the default interoperability solution for Animoca Brands.
Despite minor bears on the intraday chart, LayerZero (ZRO) displays solid monthly gains with a 19.6% price spike. The key developments and scalability of LayerZero (ZRO) across different ecosystems poise to become a leading contender for market dominance in the upcoming months.
LayerZero (ZRO) is currently in an oversold region and a potential price reversal is anticipated. However, analysts are bullish on the ZRO tokens in August following the rise in open interest and network activity. LayerZero (ZRO) is ready to skyrocket this month with the potential to break past the $5 resistance level.
DTX Exchange (DTX) stands out as the upcoming most advanced AI-driven marketplace with the best features of centralization and decentralization to bring the best out of trading for institutional or new traders. Following its ground-breaking features, global investors have pushed its batch 2 presale beyond $1.19 million within weeks after a successful $2M private seed round.
The hybrid DTX platform announced the VulcanX upgrade in August that will solve traditional gas fee problems, empowering traders to engage in seamless and lightning-fast transactions without worrying about high gas. With the 1000x leverage and AI-powered advanced automation, traders can double their gains with minimum capital and higher market positions.
The powerhouse of DTX Exchange (DTX) lies in its cutting-edge and decentralized security protocols through blockchain layer-1 technology, non-custodial wallets, and KYC-free onboarding to maintain data integrity. Priced at $0.04, DTX tokens are poised to skyrocket beyond $1 once the token gets listed, making this a prime time to enter the next big tradFi giant for 100x gains.
Amid a struggling altcoin sector, DTX Exchange promises sustainable bullish gains due to its early-stage potential and surging presale demand. Unlike established projects like Polygon (MATIC) and LayerZero (ZRO), DTX holds massive room for growth in the high-performing tradFi sector, offering a compelling opportunity for substantial returns once the presale concludes.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
