Blockchain speed has been redefined by BlockDAG, which has established a fast pace for all aspects of its expansion. The project reached its 25th presale batch with a coin value of $0.02, raising an astounding $109 million in record time. BlockDAG has created a thorough roadmap that is intended to be executed quickly and with the greatest agility.
Similar to BlockDAG, ETFSwap (ETFS) is a prominent altcoin in the cryptocurrency DeFi market, with a cutting-edge decentralized ETF trading platform. This well-known platform is spearheading the innovative approach in the cryptocurrency DeFi field of combining standard ETF trading with decentralized finance (DeFi).
Both initiatives are fantastic, but as blockchain technology advances, conventional traders are increasingly looking to blockchain technologies to better traditional finance.
A unified trading platform called DTX Exchange (DTX) is leading the way in this transformation by incorporating blockchain technology into already-existing industries. It is also in stage 4 of presale and has already raised $6.39 million, and the price of a single token is $0.08 which is higher than the BlockDAG.
Bitcoin price analysis after failing to make new ATH
The Bitcoin price began a downward correction from the $73,500 resistance zone after failing to reach a new all-time high. The $72,500 and $72,000 support thresholds were broken.
From the $65,531 swing low to the $73,575 high, the Bitcoin price fell below the 50% Fib retracement line of the rising wave. In addition, the hourly chart of the BTC/USD pair showed a break below a significant bullish trend line with support at $70,000.
There was a move below $70,000, and the Bitcoin price has dropped by more than 5%. The 100-hour simple moving average and $70,000 are now below the Bitcoin price. The rising wave from the $65,531 swing low to the $73,575 high is now getting close to the $68,500 support zone and the 61.8% Fib retracement level.
On the plus side, the Bitcoin price could encounter resistance close to the $70,000 mark. Near the $70,500 mark is the first significant resistance level. A strong move over the resistance level of $70,500 might push the Bitcoin price higher. The $71,200 mark could be the next major obstacle.
Investors are watching ETFSwap consistently
The successful introduction of the ETFSwap (ETFS) Beta platform on the Testnet is a significant contributor to the projected spike. Crypto investors have complete faith in ETFSwap (ETFS) to carry out its plan, and they are confident that the anticipated introduction of its ETF in 2025 will occur. ETFSwap (ETFS) is the perfect example of a targeted platform with a clearly defined, attainable purpose, which is what cryptocurrency investors adore.
Additionally, the ETFSwap (ETFS) presale has been a huge success, with tokens selling out quickly and significant support from cryptocurrency whales who have raised over $5 million. Investor trust in ETFSwap’s (ETFS) future expansion and prosperity has increased as a result of this overwhelming support.
Additionally, in the award of Bitcoin’s record highs, BlockDAG (BDAG) is making news with an unexpected 100% bonus offer on all BDAG purchases, which has caused a massive surge of purchasers into its presale.
DTX is on the way to win the title of “Best ICO of 2024”
The first unified asset custody solution is provided by DTX Exchange (DTX), which incorporates its own Layer-1 blockchain. DTX is the first example of a platform that manages stocks, cryptocurrency, and FX assets on-chain, although traditional financial institutions have made significant progress in using blockchain technology. The platform is the best option for traders seeking a smooth trading experience because it supports more than 100,000 trading products.
The platform provides investors with up to 1000x liquidity, which sets DTX Exchange (DTX) apart from conventional exchanges. Additionally, the platform is now forming regulatory alliances in more than 50 countries worldwide. Additionally, DTX has undergone thorough security examinations conducted by companies such as Solid Proof, giving traders on the platforms peace of mind.
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