zkSync (ZK) and Polygon (MATIC) See Boost; DTX Presale Attracts Investors

ZK and MATIC See Boost; DTX Presale Attracts Investors
sabrina Polygon

DTX Exchange Becomes the Next Hotshot with $1M Presale

Among the revolutionary exchanges poised to transform trading dynamics in 2024, DTX Exchange (DTX) has captured significant global attention. The platform is distinguished by its hybrid features, which include:

  • 1000x leverage
  • Multi-tier accounts
  • Distributive liquidity pools with no slippage

DTX Exchange’s standout feature is its robust security protocols, utilizing blockchain layer 1 technology to offer secure trading and swift transactions in just 0.04 seconds. Additionally, the platform provides non-custodial wallets to reduce the risks associated with security breaches.

With over $1.1 million raised in batch 2 of its public presale, DTX Exchange is set to lead DeFi innovations. Currently priced at $0.04, DTX tokens are anticipated to exceed $1 by the end of the presale, potentially offering 100x returns for early investors.

Polygon (MATIC) Price Recovers Amid Key Collaborations

Polygon (MATIC) has experienced a modest recovery of 1.7% after yesterday’s price drop. This upturn follows several strategic initiatives and partnerships:

  • On July 25, Polygon (MATIC) partnered with OpenSea to integrate NFTs into the Polygon network.
  • Visa announced plans to use Polygon’s technology for decentralized payments in Africa.

These developments have bolstered investor confidence, with the price holding above the $0.5 support level. Although trading volumes have declined, analysts remain hopeful, predicting that Polygon (MATIC) could surpass $0.55 in the near future.

zkSync (ZK) Defends $0.16 Support But Concerns Prevail

zkSync (ZK) has faced a significant decline in network activity and daily transactions, leading to a notable drop in price over the past two days. Key metrics include:

  • A 66% decrease in daily active addresses on the zkSync (ZK) network.
  • A drop in daily transactions to a year-to-date low of 293,000.

Despite a 3.67 billion ZK token unlock and a decrease in Total Value Locked (TVL), there is some positive outlook due to the recent 3.0 upgrade, which includes Elastic Chain, and the expansion into Latin America with the Lemon crypto app. The ZK token price has increased by 0.5%, maintaining support at $0.16. However, the Relative Strength Index (RSI) indicates a slowdown in buying pressure, with a value of 40.9. Investors are cautious but hopeful that the market position of zkSync (ZK) will improve in the coming days.