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Crypto Reporter

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GALA and Axie Infinity’s Recovery Hint at Massive Jump; DTX Exchange Skyrockets in Presale

August 16, 2024 By Crypto Reporter

The past few weeks have been a rollercoaster, marked by significant price upswings and disconcerting declines. However, sentiment is quickly turning optimistic as prices return to the upside, with Gala (GALA) and Axie Infinity (AXS) gathering momentum.

Meanwhile, DTX Exchange (DTX), an emerging cryptocurrency, steals the spotlight following its explosive growth in presale. The hybrid exchange protocol breezed past $1.3 million in early funding, outperforming most new ICOs. This hints at explosive growth after its debut, making it a new DeFi project not to miss out on.

DTX Exchange (DTX): Bridging the Gap Between TradFi and DeFi

DTX Exchange (DTX) continues to bask in the spotlight, with its latest milestone putting it in pole position as the year’s best ICO. It recently soared past $1.3 million in just the second round of the presale, selling out faster than most ICOs.

Currently priced at $0.04 per token, it presents a low entry point. Meanwhile, analysts predict a 65x upswing after listing on Tier-1 exchanges. This makes it a more compelling altcoin to bet on, potentially outpacing established tokens like Gala and Axie Infinity in gains.

Beyond the gains, it aims to transform the $10 billion global trading market. Its hybrid exchange protocol will redefine trading by providing a one-stop platform where users can trade assets across TradFi and DeFi, notably stocks, bonds, commodities, forex and cryptocurrencies. By bridging the gap between traditional finance systems and crypto, it is poised for massive adoption.

Gala (GALA): Sailing Toward $0.05

Gala (GALA), a top altcoin, was among the tokens hit the hardest as the wider crypto market plummeted. The entertainment-based Layer-1 blockchain platform is one of the most widely embraced, yet it wasn’t immune to the bloodbath. It plummeted alongside the broader market, losing key price levels.

However, on the bright side, the Gala coin entered an attractive buy zone, with savvy investors expanding their portfolios. With complete recovery in sight, it is an altcoin to keep on the radar.

Besides, sentiment is quickly turning bullish and a bounce seems to be unfolding in the crypto market—a wave Gala is tipped to ride. According to a popular Gala coin price prediction, its positive price actions might be the start of a big leap. A jump past $0.05 is anticipated in the coming weeks, making it an altcoin to watch out for.

Axie Infinity (AXIE): Potential Rally Past $7 Before the Month’s End

Axie Infinity (AXS), a blockchain-based trading and battling game, wasn’t exempt from the recent market downturn. It nosedived from its monthly high of $5.7, sparking concerns among holders and the wider gaming community. However, the worst seems to be over as recovery begins.

Its uptick is set to clear a path toward significant growth, prompting investors to expand their portfolios. An Axie Infinity price prediction suggests a rally past $7 before the month’s end, placing it on the list of the best coins to invest.

It is a good crypto to buy at its current price. Its long-term outlook is also promising, with experts projecting a jump past $50 at the peak of this bull run. If nothing else, the Axie Infinity coin is a token to keep on the radar.

Conclusion

The crypto market is quickly turning bullish, with Gala and Axie Infinity resuming their uptrends. Meanwhile, DTX Exchange enjoys huge success in presale, suggesting significant growth after its market debut. As it sails toward adoption, it is a new DeFi project not to miss out on.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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