The launch of the DTX Exchange ecosystem has drawn investors from different crypto communities. Most investors from the Solana ecosystem, including SOL and BONK investors, are heavily investing in the DTX Exchange presale as it is expected to be the biggest emerging altcoin of 2025.
Meanwhile, Solana is consolidating after the recent runup to the new all-time high. The biggest Solana memecoin, BONK, has also performed well but currently has pullback to the 20-period moving average.
Solana (SOL) Outpaces Ethereum in Monthly Fees
Solana has surpassed the ETH in daily fee collection over the last month, driven by increasing on-chain activity and the memecoin trend. During this period, Solana generated $192.06 million in fees, edging Ethereum’s $187.67 million. This milestone and the bull rally in the crypto market have elevated SOL to the 4th position with a market cap of $114 billion.
Additionally, data from SolanaFloor on the X platform shows that over the past year, more than $5.6 billion has been bridged to the Solana blockchain. Around $4 billion came from Ethereum, reflecting a growing connection and collaboration between Solana and other blockchains, especially Ethereum.
BONK Rejects From All-Time High, Will It Regain The Levels?
After the rejection from the newly created ATH, BONK is under increasing bearish pressure, with finding support near the breakout retest zone. After a brief effort to stabilize, the token is losing momentum again, heading back toward $0.00004256 near the 20-DMA. If this support breaks down, BONK can start the new down leg to the $0.00004 level.
The technical indicators hint at a potential local bottom for BONK as it approaches the end of a bearish delining wedge pattern. The RSI has cooled to 58, showing more stability but leaning bearish. This suggests BONK may dip further to establish a stronger base before attempting a trendline breakout.
DTX Exchange’s Token Presale Aims For $10 Million
There has been a steady shift of investors towards emerging projects because these projects can create wealth in a short period of time. One of the top emerging projects available in the presale phase is DTX Exchange (DTX). It is a hybrid exchange that captures investors’ attention with a sophisticated financial platform and has become a major player in DeFi.
DTX Exchange’s presale has sparked excitement among investors, raising $8.9 million, and is targeting $10 million by the end of the year. This presale allows retail investors to purchase tokens at discounted prices.
DTX tokens will provide various benefits in the DTX ecosystem. DTX holders will be eligible for the VIP rebate program, providing them with income sharing on the exchange. Members can earn up to 3% of the exchange’s revenue with this program.
Currently, the DTX Exchange token costs $0.1 per piece; according to analyst projections, DTX can rise up to $4.5 by Feb 2025. This gives early investors an opportunity for a 4,500% gain. With this projection, $250 invested in the current phase can turn into $11,500 in the next few months.
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