Listing of crypto projects in trustworthy and popular exchanges and platforms like Coinmarketcap (CMC) shows their credibility and increases investors’ confidence in the crypto. From the listing on CoinMarketCap, Shiba Inu (SHIB) has increased by 1,271,499%, while Toncoin (TON) has also given massive returns.
DTX Exchange (DTX) is in a similar phase with its recent listing on CMC, has also risen by 300% from its first stage. According to analysts, DTX Exchange is the perfect contender for the seven-figure returns in the upcoming bull market.
Shiba Inu (SHIB) burn rate declines over the week
Shibburn reported a jump in Shiba Inu (SHIB)’s burn rate over the past 24 hours. However, looking at the weekly numbers, the burn rate tells a different story, dropping by 84.7% over the last seven days. This translates to around 48.8 million SHIB tokens burned this week, marking a notable slowdown compared to previous weeks.
This pattern shows that while Shiba Inu (SHIB) members actively contribute to burn efforts, these initiatives haven’t reached a steady, widespread level. The week started strong, with an impressive 880.1% increase in the burn rate in Shiba Inu (SHIB), but momentum faded as the days passed. This Shiba Inu (SHIB) burn rate fluctuation makes analysis of SHIB’s price challenging.
Toncoin (TON) trades near 6-month low support
While many top coins have broken out with bullish momentum, Toncoin (TON) has struggled, dipping to retest it’s May and September lows. By October 25, its price had slipped to $4.56, marking an 11% intraday decline. After that, Toncoin (TON) regained the market and now is priced at $5.
In spite of this move, the Toncoin (TON) price is still stuck below the crucial 10-day short-term moving average, which is the most important resistance level. In the meantime, the selling pressure of bears is still evident and can be marked up as Toncoin (TON) breaks through the long-term support of $4.6.
DTX Exchange (DTX) ventures into RWA increasing verticals
Due to its hybrid infrastructure, DTX Exchange (DTX) is the most trending project in 2024. DTX provides a unified platform allowing various assets to trade in one place but has now entered another sector.
The DTX Platform will provide real-world asset tokenization for those interested in real estate and will also participate in the digital boom in the real estate industry. With RWA tokenization, the DTX platform will list major real estate investment trusts (REITs) on its platform, providing different options for investors.
All these features will be included in the DTX platform with the integration of the VulcanX blockchain. With a solid roadmap and unmatchable features, DTX could be the next major cryptocurrency in the market. This gives DTX a strong chance of reaching the double-digit target once it launches on the main exchanges.
With these announcements, the DTX presale saw huge demand; last week, Shiba Inu (SHIB) and Toncoin (TON) whales entered the DTX presale at $0.08 to join the digital revolution.
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