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Onchain Data Shows 75% Surge in Monthly MATIC Addresses Buying DTX Presale, Surpassing Near Protocol (NEAR)

July 8, 2024 By Crypto Reporter

According to the on-chain data this month, 75% more investors of Polygon (MATIC) have bought the DTX Exchange token in the presale. This is not the only community investing in DTX; after Bitcoin fell to its 4-month low, heavy buying has been seen from BTC holders.

DTX Exchange has already passed the crypto giants like Polygon (MATIC) and Near Protocol (NEAR) in matters of popularity and utility. It is ready to go in the third stage of the presale, gaining investors high ROI who are investing in the second stage.

KfW issues €100m Bond On Polygon (MATIC) Blockchain

Government-owned KfW bank has previously issued digital bonds, including a €4 billion, using a central securities depository (CSD). However, the German Electronic Securities Act (eWpG) also allows for a distributed registry without a CSD, known as ‘crypto securities.’ KfW is issuing a €100 million ($108m) blockchain bond on the Polygon (MATIC) blockchain.

The market for digital bonds is still developing but has made significant progress since the European Investment Bank issued a €100m blockchain bond on Ethereum three years ago and now bond on Polygon (MATIC).

KfW is already planning its next crypto security bond after bond on Polygon (MATIC). It is participating in the European Central Bank’s wholesale DLT settlement trials using central bank money. As part of these trials, KfW intends to issue a bond settled in central bank money through the Bundesbank’s trigger solution.

Near Protocol (NEAR) Showing Bearish Momentum

In the past 24 hours, Near Protocol (NEAR) saw a trading volume of $4 million. Despite this increase, Near Protocol (NEAR) is down more than 13% for the day. With a market cap of $4.66 billion, it ranks as the 19th largest cryptocurrency globally. Currently, Near Protocol (NEAR) is trading 79% below its all-time high of $20.42.

For over eight months, Near Protocol (NEAR) maintained a dynamic trendline, which has now broken, signaling a downtrend. The supply inflation of NEAR is high at 16.97%, with 100% of the total supply in circulation.

DTX Exchange Challenging DeFi With Hybrid Exchange

DTX Exchange is a rising star in the presale ecosystem, gaining attention with its innovative features. It uses a hybrid model that combines centralized and decentralized elements, eliminating the need for KYC requirements and allowing users to trade while maintaining their privacy.

In addition to maximizing traders’ potential, DTX Exchange enhances security with a noncustodial wallet approach, giving users full control over their digital assets and private keys. Traders can seize unparalleled opportunities on the platform, with 120,000 trading options and an impressive 1000x leverage feature. DTX Exchange also uses distributed liquidity pools to reduce slippage, enabling users to trade and generate substantial returns with minimal capital.

The market’s confidence in the token’s financial future was evident in its private seed round, which raised over $2 million. Early adopters are projected to see 100x ROI, driving investors to join the presale and pushing it past the $8000,000 milestone in a month.

Learn more:

Visit DTX Presale

Read Whitepaper

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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