While BONK and Solana (SOL) haven’t displayed bullish signals lately, investors are still holding onto them, anticipating a potential breakout after a prolonged bearish sentiment. On the other hand, the deFi powerhouse DTX Exchange (DTX) has taken the market by storm. This platform has outshined established altcoins like Solana (SOL) and BONK by a notable margin.
Solana (SOL) Eyes $165 As the Next Price Target
Solana (SOL) is trading at $145.6 as of October 2, with a 5% price decline in the last 24 hours. Throughout the Q3 period, Solana (SOL) has surged ahead, leading Bitcoin (BTC) and Ethereum (ETH). Following a strong recovery from its August instability, Solana (SOL) is now leading the charge, overshadowing its high-ranked competitors.
In September, Solana (SOL) experienced a decent trading volume surge, which showed positive signs of a potential upside. Solana (SOL) DEX trading has surpassed Ethereum (ETH) for the first time in 43 days, based on the on-chain data analysis. Solana (SOL) currently holds a $68.37 billion market cap with a 24-hour trading volume of $3.87 billion, surging by $3.2 billion.
In general, October has a history of favoring crypto markets. Most of all, Solana (SOL) has also ridden the bullish wave following the market sentiment. Despite facing resistance at $163, the increased trading volume and whale activity might push the Solana (SOL) trading value over $165 soon.
BONK Indicates Potential Gains Amid The Market Shift
In terms of performance metrics, BONK is trading at $0.00002 with a 5% price decline in the last 24 hours. It holds a $1.64 billion market cap with a 24-hour trading volume of $641.4 million, surging by 35%, approximately $224 million. The recent dip in its trading value has sparked concerns among investors about the long-term viability of the BONK token.
Unlike other memecoins, BONK has exploded in popularity in recent times through its strong community backing and viral potential. While investors saw BONK as a mere speculative token, it has surprised many traders by delivering massive returns to early investors. Its current positive sentiment is also anticipated to drive strong price rallies in the network.
Currently, BONK is capitalizing on the memecoin phenomenon, where coins with strong community support can achieve explosive rises in value. While BONK is closely knit to social media hype and community engagement, it brings high-risk and high-reward opportunities for traders looking to capitalize on short-term gains.
This 25X Hybrid Platform Can Make You a Millionaire By 2026
With BONK and Solana (SOL) displaying mixed performance signals, the spotlight has shifted to this viral deFi exchange. DTX Exchange is a hybrid trading exchange that allows users to trade cryptos, forex, equities, and contract-for-differences (CFDs). The platform features cutting-edge infrastructure and insane trading features to provide highly lucrative opportunities.
Following its mind-blowing presale success, DTX Exchange (DTX) has finally secured a spot in one of the leading crypto sites. CoinMarketCap has recently listed DTX Exchange (DTX) on its website, bringing a larger exposure to this emerging deFi powerhouse. The platform has experienced a high-volume influx in the exchange after its listing on CoinMarketCap went live.
DTX Exchange (DTX) Steals The Show With Rebate Announcement
DTX Exchange’s new release now enables traders to earn a decent income through its VIP rebate system. This grand announcement helps investors become an exclusive partner with DTX Exchange through its VIP rebate initiative with up to 3%* of its Daily Trading Profits. This rewarding opportunity is set to attract a large number of traders to the platform.
With its growing prominence taking over the deFi sector, DTX Exchange (DTX) is poised to dominate some of the leading altcoins in the market with its powerful presale rally. Its 3rd presale round is almost over, with only a few days left before DTX Exchange enters its 4th presale round at $0.08 per DTX token. Join the fast-selling presale now!
Learn more:
Buy Presale | Visit DTX Website | Join The DTX Community
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