Following a prolonged prison charge, the Binance community now sees its founder back home after he was recently released. This news has spread a positive gesture in the market about Binance Coin (BNB). Meanwhile, the back-and-forth competition between Solana (SOL) and DTX Exchange (DTX) gets heated, with both exchanges displaying robust key indicators.
Champeng Zhao Walks Free: What’s Next For Binance Coin (BNB)?
Trading at $568.2, Binance Coin (BNB) has slumped by 1.5% in the last 24 hours and has declined another 6.6% throughout the week. Binance Coin (BNB) currently owns a $82.65 billion market cap with a 24-hour trading volume of $1.72 billion, which has dipped by 11.4% (approximately $196 million).
The first week of October has witnessed major development for Binance Coin (BNB). Experts have been monitoring Binance Coin (BNB) closely for signs of a potential rally. To their surprise, the viral release of the former CEO and founder of Binance, Champeng Zhao, has sparked speculation on the potential future of the Binance Coin (BNB) price performance.
Binance Coin (BNB) has been trading around the $570 range for months now, suggesting a poor market performance. This sentiment shows that the Binance Coin (BNB) network is in a tug-of-war between BNB bulls and bearish. Nonetheless, Binance Coin (BNB) will display a potential price rally in the long term, eyeing the $1,000 mark in the next year.
Solana (SOL) Price Performance & Future Outlook
Unlike Binance Coin (BNB), Solana (SOL) has been a target of the broader market shift. Its trading value has dipped by 1.73% in the last 24 hours, dragging its market cap down by $1.3 billion. Its 24-hour trading volume of $2.09 billion has also declined by $200 million, raising concerns about its long-term viability among impatient investors and retail traders.
According to the on-chain data, Solana (SOL) must break through its current resistance level to aim for higher gains in the upcoming bull cycle. On the contrary, if it fails to keep up with the shifting broader market trends, it might fall to lower lows and face a major crash. Its technical indicators paint a similar picture in the short-term outlook.
The future outlook for Solana (SOL) price performance isn’t as bright as that of Binance Coin (BNB) because Solana (SOL) is still facing internal challenges in its blockchain. Solana (SOL) must overcome potential market challenges and deploy blockchain-based upgrades in order to beat the current bearish sentiment surrounding the network and score higher in the market.
DTX Exchange’s Presale Gains Momentum: Beats Solana (SOL)
DTX Exchange (DTX) is leading the pack with its first unified chain ‘VulcanX.’ After this upgrade went live on the exchange, DTX Exchange experienced a massive inflow from crypto whales. As of today, DTX Exchange’s presale is at a whopping $3.39 million, with only 32% left before this AI-crypto enters its round 4 at $0.08 per DTX token.
DTX Exchange has become a leading hybrid exchange through its ability to fill the gap between the modern crypto market and traditional financial systems. The platform provides access to a wide range of markets and facilitating trading directly from users’ crypto wallets. DTX Exchange empowers millions of unbanked individuals with cutting-edge tools to grow their wealth.
DTX Exchange Catches Fire: Whales Go All In On This AI Crypto
DTX Exchange (DTX) has made it to the top 5 best investment opportunities that can offer a 100% ROI, while other major altcoins are facing a struggling period during the bearish market sentiment. Just as delivering high gains is important for an exchange, the platform must deliver strong security protocols to secure user data.
That being said, DTX Exchange (DTX) incorporates state-of-the-art security measures, including non-custodial storage solutions and on-chain verifications, to ensure that users’ assets remain secure and controlled at all times. Witnessing robust security protocols in place, more and more investors are joining DTX’s red-hot presale rally to land high ticket profits and benefits.
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