DeFi
You Might Be Shocked By This DeFi Token Solana Billionaires Are Buying Via BONK and SHIB – Times Tabloid
Large fund transfers have been recorded on the Solana (SOL) network, and early Solana (SOL) investors, who are now billionaires, are behind the new utility cryptocurrency DTX Exchange. Over $350,000 worth of Solana (SOL) holdings were sold last week and funds poured into the DTX Exchange.
During the recent market recovery from the downtrend, Bonk (BONK) and Shiba Inu (SHIB) both traded about 50% off the low, but this week they have returned to support areas again. The weak market momentum is another reason why Solana (SOL) billionaires are turning to the DTX exchange.
Shiba Inu Team (SIHB) criticizes IT giant over outage
In a playful move on X, the Shiba Inu (SHIB) team took a cheeky dig at Microsoft. The Shiba Inu (SHIB) team suggested that Windows needed a “serious reboot” after the major outage that put Microsoft in trouble. The witty comment from the Shiba Inu (SHIB) team came just after Microsoft’s Windows system went haywire, creating widespread disruption.
The Shiba Inu (SHIB) team proudly highlighted Shibarium’s ability to remain operational during the world’s largest IT outage. This demonstrated how the Shiba Inu (SHIB) platform can continue to operate smoothly even when central systems fail.
The outage was caused by a faulty software update from CrowdStrike, a Texas-based cybersecurity company. The update suddenly crashed Microsoft’s widely used Windows operating system.
Bonk (BONK) Breaking From Bear Flag, A New Low Soon?
Bonk (BONK) after a market rally has broken the bearish flag, which is a bearish continuation pattern. The bearish strength of Bonk (BONK) is very high as it is trading below the short term 50-day moving average.
The current price of Bonk (BONK) is $0.0000267, down 6% over the last 24 hours, indicating a negative trend. Bonk (BONK) has a market cap of $1.84 billion and a circulating supply of 68.96 trillion BONK tokens. Over the past week, however, Bonk (BONK) has only decreased by 0.48%, suggesting some stability despite some ups and downs in the market.
DTX Exchange Surpasses $1 Million Mark in Less Than Two Months
After Solana (SOL) billionaires moved their funds to the DTX Exchange, Shiba Inu (SHIB) and Bonk (BONK) investors also closed their positions in the meme coins and joined the DTX Exchange presale.
DTX Exchange (DTX) is quickly making a name for itself in the trading world. Its 1000x leveraged platform combines the best features of centralized (CEX) and decentralized (DEX) exchanges, providing traders with a versatile experience across various financial markets. With its liquidity pools and other trading tools, DTX aims to make trading easy and accessible.
One of the most notable features of DTX is its focus on user security. It provides non-custodial wallets and does not require KYC for onboarding, so users retain full control of their digital assets and can transact whenever and wherever they want.
The project has already reached significant milestones, raising $2 million in a private funding round and over $1 million in the current Phase 2 presale, with over 80% of tokens sold. At the current price of $0.04, the DTX token is expected to surpass $1 when it hits the main market in 2024.
Learn more about DTX Exchange
Disclaimer:This is a sponsored press release for informational purposes only. It does not reflect the views of The Times Tabloid and is not intended to be used as legal, tax, investment or financial advice.