Polygon and NEAR Protocol Holders Turn to a New Ethereum Coin As Cathie Wood Abandons Plans To Issue Ethereum ETF

by BSC News

June 11, 2024


As Cathie Wood drops her Ethereum ETF plans, attention shifts to DTX Exchange (DTX). Polygon and NEAR Protocol holders are intrigued by its hybrid trading platform and strong presale performance.

Cathie Wood, the CEO of ARK Invest, abandoned her Ethereum ETF plans. This has caused waves in the market and made Polygon (MATIC) and NEAR Protocol (NEAR) holders look for other options. One Ethereum coin, DTX Exchange (DTX), has gained a lot of interest as a Stage 2 presale star. In fact, analysts view it as the next 50x Ethereum coin in 2024.

Polygon (MATIC): An Ethereum Coin in a Summer Slump

Recently, Polygon (MATIC) has seen some volatility. Over the past year alone, the Polygon price saw a minuscule growth of over 10%, as per CoinMarketCap data. However, crypto analyst FLASH claims that the summer slump for this Ethereum coin will end. His X post predicts that MATIC may soar to $0.94 soon.

The technical analysis for the Polygon crypto also supports this statement. For example, MATIC trades above its 200-day EMA with four green technical indicators. As a result, experts in the crypto field foresee a rise to $1 before the end of Q2 2024 in their Polygon price predictions.

NEAR Protocol (NEAR): Number One in Google Search Trends

Meanwhile, NEAR Protocol (NEAR) has made a name for itself in the Ethereum coin space. The NEAR Protocol team recently revealed that the term "NEAR" is now number one in Google search trends, which shows the level of interest traders have in this cryptocurrency.

The NEAR Protocol crypto value has surged over 400% on the YTD chart. Moreover, this Ethereum-based coin is trading above its 50—and 100-day EMAs while having 11 technical indicators in the buy zone. Due to all this bullish NEAR Protocol news, market analysts forecast a surge to $9 within Q2 of 2024.

DTX Exchange (DTX): Among the Top Ethereum Coins

The DTX Exchange (DTX) is disrupting the crypto market with its Ethereum coin presale and hybrid trading platform. This trading platform combines the best elements of centralized and decentralized exchanges. By doing this, it gives traders an unheard-of number of asset trading choices (120K+), fast transaction speeds, and unmatched leverage at 1000x.

With all these features, DTX Exchange stands out among Coinbase and Binance as it allows the trading of Forex, commodities, cryptos, and more. Not only that, DTX Exchange has emerged as a fan-favorite among millions of privacy-conscious traders since it requires no sign-up KYC checks. Therefore, global traders get to keep their information safe and sound.

The DTX token serves as the foundation for the whole ecosystem within the DTX Exchange itself. Holding this Ethereum coin offers a number of benefits, such as voting rights or lower fees on trades. The demand for these tokens has been great, with $650K raised during the presale so far. If things continue like this before July 2024, the DTX Exchange may hit $1M.

Currently, one DTX costs $0.04 in Stage 2. Those who bought it early on are enjoying a 100% ROI. Moreover, market analysts predict another 50x surge once a Tier-1 CEX lists this Ethereum coin in Q3 of 2024. Given all these factors and its ties to the trillion-dollar FX market, DTX emerges as the best Ethereum coin to buy.

Why Are Polygon and NEAR Protocol Holders Turning to DTX Exchange?

Cathie Wood's decision to withdraw her support for the Ethereum ETF has created some uncertainty in the Ethereum coin space. In this environment, many Polygon and NEAR Protocol holders are turning to DTX Exchange, which has a low market cap and ties to many trillion-dollar financial markets.

This means that DTX will need far fewer new funds injected into it for its price to increase while maintaining stability in volatile markets. If you wish to buy this Ethereum coin, now is a good time, as DTX Exchange will reward ten lucky DTX holders with over $100K in an upcoming $1M giveaway. So, sign up for the DTX presale using the links below.


Learn more: 

Visit DTX Presale

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