The telegram community is alarmed by the major unrest following Pavel Durov’s arrest by French authorities. Over 12 criminal charges have been put forth including drug trafficking, criminal activities on the Telegram platform, and money laundering between organized groups.
Toncoin (TON) and Notcoin (NOT) are two prominent cryptos associated with Telegram and Pavel Durov. Amid this major setback, the crypto prices have declined to lower support levels with investors and liquidity providers backing out.
While all this happens for Toncoin (TON) and Notcoin (NOT), the AI-powered DTX Exchange emerges as a lifesaver for bleeding investors from both cryptos.
What you'll learn 👉
Toncoin (TON) Market Cap Shrinks by $3 Billion as Investors Flee
Toncoin (TON) price has moved in a steep downward trend after the news of the arrest broke out. Large moneybags have taken out their capital to mitigate losses with TON’s market cap losing more than $3 billion within days. Liquidity providers are also selling Toncoin (TON) as the market condition deteriorates amid pessimistic community sentiment.
Despite industry leaders voicing their support for individual rights and Durov’s false arrest, less is influencing the falling momentum of Toncoin (TON). The token has declined over 20% in the last 7 days, dropping from $6.8 to the $5.5 support level. Experts predict that no dice can settle the skepticism around Toncoin (TON) and the crypto is poised to descend to the $5 support in the upcoming weeks.
Bearish Pressures Intensify as Notcoin (NOT) Price Sinks 18%
Notcoin (NOT) is significantly influenced by the market outrun as it holds a central position in the Telegram ecosystem. Notcoin (NOT) has dropped by 18% on the weekly chart with large investors refraining from trading big as indicated by a massive 37% decline in the transactional volume.
Ambitious investors no longer hinge capital on Notcoin (NOT) as the token’s price is expected to decline more toward lower support levels at $0.005. High bearish sentiments and sell-offs push Notcoin (NOT) into a difficult position to recover to previous highs and display bullish breakout signals as falling wedge patterns intensify.
TradFi Star DTX Exchange Raises Demand With $1.6M Presale
DTX Exchange (DTX) enjoys a competitive market edge over existing marketplaces and trading platforms with its all-in-one trading solutions and end-to-end navigation of assets. The hybrid tradFi model of DTX Exchange has stolen attention by raising investor demand, triggering a massive influx of $1.6M in batch 2 of its public presale.
The DTX platform has unlocked a major achievement after its testnet’s launch, letting users analyze the platform’s hybrid chain performance and TPS analytics. Moreover, DTX allows users to access their private keys fully through non-custodial wallets and KYC-free onboarding, eliminating intermediaries.
The project is ready to lead the tradFi sector with its unmatched features including 1000x leverage and VulcanX protocols, enabling gas-free trading. Moreover, DTX offers access to 120k+ digital assets from diverse financial markets including forex, cryptos, stocks, equities, and CFDs.
DTX Exchange (DTX) advances with a next-gen trading platform, equipped with AI-backed tools and cutting-edge automation strategies. Available for $0.04, savvy investors rush to buy DTX tokens to take early positions in the project and safeguard their investments to enjoy a promising 25x rally after DTX Exchange launches its mainnet by Q4 of 2024.
Conclusion
The crypto community is fearful of the long-lasting impact of this arrest on Toncoin (TON) and Notcoin (NOT) with anticipation of significant price slumps. However, the emerging DTX presale offers a compelling option for savvy traders seeking profitable options and sustainable growth prospects. Experts suggest traders take advantage of this once-in-a-lifetime opportunity to be part of the next big thing in the trading sector and earn big.
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